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Rutherford County, TN

RANK #846 / 996  ·  POP 343,727  ·  TN

PROJECTED GROWTH: -1.0%

Rutherford County ranks in the bottom tier of U.S. counties on economic momentum.

[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] Signal Profile

[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

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 →

[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?

Rutherford County has a Boom Town Index score of 15/100, ranking #846 among 996 U.S. counties. With job growth at +3.5% and a median household income of $78,291, it faces some economic headwinds compared to faster-growing counties.

Is Rutherford County affordable?

The median home value in Rutherford County is $305,100 with median rent at $1,311/month. The income-to-home-value ratio is 0.2566, which is more affordable than the national average.

Is Rutherford County growing or shrinking?

Population growth: +2.4% year-over-year. Job growth: +3.5%. Home values changed -0.1% in the past 12 months.

Are people moving to Rutherford County?

Yes — 5.19% of Rutherford County's population moved from another state, which is above the national average and indicates strong in-migration.

[08] Similar Metros

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