Somerville vs Knoxville: Housing
| Somerville | Knoxville | |
|---|---|---|
| Median Home Value | $312,900 | $239,700 |
| Median Gross Rent | $710/mo | $1,191/mo |
| Homeownership Rate | 55.5% | 46.6% |
| Rent as Share of Income | 19.2% | 26.4% |
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024.