32 / 100

Rutherford County, TN

District 20

RANK #668 / 996 NAT  ·  #18 / 33 TN  ·  POP 343,727

1YR FORECAST: -0.8%

5YR OUTLOOK: +20%

Our model projects Rutherford County's housing market at -0.8% over the next year, underperforming most U.S. counties.

[01] Why Rutherford County?

Murfreesboro, the county seat of Rutherford County, Tennessee, served as the state capital from 1818 to 1826. Located in the heart of Tennessee, the county is about a 30-minute drive southeast of Nashville, with Interstate 24 bisecting the county and offering direct access to the larger city. The community blends Southern charm with a modern feel, attracting an average of 20 new residents daily. Outdoor enthusiasts can explore the Stones River National Battlefield, with its trails and scenic river views, or enjoy boating and fishing on the 14,000-acre J. Percy Priest Lake.

Life in Rutherford County is characterized by a mix of families and young professionals, many of whom commute to Nashville. The Rutherford County Schools district is one of the largest and fastest-growing in Tennessee, with several schools earning high ratings for academic growth. Middle Tennessee State University in Murfreesboro also contributes significantly to the local economy and workforce. The economy is driven by sectors like advanced manufacturing, healthcare, and technology, with major employers including Nissan North America in Smyrna.

[02] Market Snapshot

Housing Ratio
4.8x

Above national median (4.7x)

GDP Growth
+4.2%

Well above national median

Home Prices
-0.1%

Prices declining

Climate & Terrain
-0.8

Below-average climate & terrain

Price/Rent
15x

Above national median (13x)

Housing is fairly valued at 4.8x relative to local economic output. The typical U.S. county is 4–6x.

[03] Top Employers

  1. 1
    Nissan North America Manufacturing
    5,000+
  2. 2
    Amazon Logistics
    2,500+
  3. 3
    Ascension Saint Thomas Healthcare
  4. 4
    Middle Tennessee State University Education
    1,000+
  5. 5
    Ingram Content Group Other
  6. 6
    Department of Veterans Affairs Tennessee Government
  7. 7
    The Kroger Co. Retail
  8. 8
    Asurion Technology
  9. 9
    Verizon Wireless Technology
  10. 10
    Bridgestone Americas Inc. Manufacturing

Estimated local headcount ranges. Larger employers shown as floor + "+"; smaller employers show exact counts where reported.

[04] Home Value Growth vs National

Rutherford County U.S. National

The Numbers

DEMOGRAPHICS
Population
343,727
+2.42% YoY
Median Household Income
$78,291
Median Home Value
$305,100
-0.05% 12mo
Median Rent
$1,311
Average Annual Pay
$63,681
+5.4% YoY
Employment
149,355
+3.5% YoY
Income-to-Home-Value
0.2566
More affordable than average
Migration Inflow
5.19%
of pop. from another state
Bachelor's Degree+
33.4%
of residents (national avg: 33%)

Market Activity

REAL ESTATE
Median Sale Price
$435,000
Days on Market
85
Slower market
Months of Supply
4.3
Balanced market
Sale-to-List Ratio
98.6%
Near asking price
Sold Above List
15.9%
Listings w/ Price Drops
20.3%
Building Permits (2024)
3,420
Single-Family Permits
2,996

Source: Redfin · Census BPS — Browse sales on Redfin →

[05] Crime & Safety

C+
SAFETY
GRADE
Homicide Rate
5.7
per 100K · nat avg 6.3
Firearm Fatalities
14.5
per 100K · nat avg 14.8
Injury Deaths
83.1
per 100K · nat avg 76.3
vs National Average
Near national avg
based on homicide rate

Source: CDC/NCHS vital statistics via County Health Rankings (2020–2022 avg). Rates per 100,000 population. Grade based on homicide rate relative to national average (~6.3). Learn more →

[06] Score Breakdown

GDP Growth +4.2% 75 percentile
Population Growth +2.4% 92 percentile
Income Growth +7.3% 22 percentile
Vacancy Rate 1.7% 16 percentile
Home Price Change -0.1% 30 percentile
Rent Growth +1.2% 23 percentile
Price/Rent 15x 36 percentile

Bars show percentile rank among all 996 counties.

[07] Frequently Asked Questions

Is Rutherford County, TN a good place to move to?

At 32/100, Rutherford County faces headwinds that place it in the lower third of the 996 counties we track. Median income of $78,291 combined with job growth of +3.5% suggests the local economy is struggling to keep pace with national trends.

Is Rutherford County affordable?

Housing in Rutherford County is roughly in line with national affordability norms. The median home costs $305,100 and the income-to-home-value ratio sits at 0.26, with rents averaging $1,311/month. Not a bargain, but not a stretch for most local earners either.

Is Rutherford County growing or shrinking?

Rutherford County is growing on multiple fronts. Population is up +2.4% year-over-year while employers added jobs at a +3.5% clip. Home values shifted -0.1% in the past year.

Are people moving to Rutherford County?

In significant numbers — 5.19% of Rutherford County's current population relocated from another state, well above the national norm. That level of in-migration usually signals a county where jobs, affordability, or quality of life are pulling people in from elsewhere.

[08] Similar Counties by Size & Score

Wilson County, TN 27 Putnam County, TN 27 Shelby County, TN 38 Williamson County, TN 26 Maury County, TN 25 Sumner County, TN 25 Marion County, OR 32 Rockland County, NY 32