$335,000

Cheapest new house in Fairview, the most affordable town in the county.

$863,000

Median sale price in Franklin. Countywide median home value is about $947,000.

$20,100

Cash needed at closing on a $335,000 home, before a single mortgage payment.

What the saving is worth instead

Years to save the $20,100 needed to close

Upper bar is today. Lower bar adds the $7,640 a year saved on rent, with the household saving nothing more than before.

Educational assistant
16.9 yrs
2.3 yrs
Bus driver
16.0 yrs
2.3 yrs
Custodial associate
10.5 yrs
2.1 yrs
Firefighter, Fairview
7.9 yrs
2.0 yrs
Beginning teacher
7.7 yrs
2.0 yrs
School nurse
7.5 yrs
1.9 yrs
Sheriff’s deputy
6.0 yrs
1.8 yrs
Teacher, 20 years
5.2 yrs
1.7 yrs
Registered nurse
5.1 yrs
1.7 yrs
Renting at marketRenting from Upward

Target is $20,100, the cash to close on a $335,000 home at three percent down plus about three percent in closing costs. Assumes the household saves five percent of gross pay today, and the same five percent plus the annual rent saving in an Upward community. The upper bars are optimistic for the lower-paid roles, because a household spending more than half its income on rent is unlikely to save five percent of it. Saving the cash to close does not by itself make the purchase possible: the income limits in the chart above still bind. For most of these households the saving shows up as financial slack, not a closing date.

Takeaway

Two Williamson County teachers buying together are still $42,900 short of the cheapest new home in the county’s most affordable town. Renting well is the realistic path.

05

Next steps

What would need to happen

Nothing here commits the county to anything. Two steps run in parallel.

Confirm the demand

  • Employee housing survey across schools, sheriff, fire, EMS and general government
  • Establishes how many would move, at what rents, in what home sizes
  • Upward runs it and presents the results; the county supplies the distribution list
  • Six to eight weeks from the day the list is handed over

Confirm the structure

  • County and bond counsel review the lease under the Essential Governmental Employee Housing Act
  • Runs alongside the survey, not after it
  • Confirms eligibility rules, rent setting authority, and who signs resident leases
  • No design or engineering spend until both clear
Next

The survey is the only step that changes what anyone knows. Everything else waits on it.

Method and limits

What this page knows and what it does not

Projected, not observed

  • Upward rents are projected from a published schedule elsewhere, plus a Middle Tennessee construction cost adjustment. Not a Williamson County schedule yet
  • Annual pay for hourly school roles is calculated from the published hourly rate and an assumed schedule
  • Shared-occupancy rents divide the whole-home rent evenly by occupant; roommate matching is voluntary
  • Registered nurse pay is a metro occupational average; Williamson Health publishes none
  • Williamson County government publishes no pay plan, so general county positions are absent

Observed and firm

  • County rent averages are the August 2026 survey; Fairview house rents are the complete listing set on September 18, 2026
  • Teacher and classified pay is from the adopted WCS 2026-27 schedules
  • Deputy and Fairview firefighter pay is from each agency’s own posting
  • Mortgage rate, tax rates and insurance are dated and sourced under each table

One figure worth a phone call

Fairview’s 2026 city tax rate of $0.8404 per $100 is a 42 percent increase over 2025. Worth confirming with city finance before anyone relies on the ownership chart.