Is Chattanooga, TN affordable on a $1,050,000 salary?
YES
On $1,050,000/yr, the typical $326,370 home in Chattanooga, TN needs $96,221/yr ($2,245/mo). Your gap: +$953,779 — housing would be 2.6% of your gross income.
The math
326,370 price − 10% down (32,637) = 293,733 loan
30-yr fixed at 6.47% on 293,733 = 1,851/mo principal+interest
+ 394/mo est. taxes+insurance (1.45%/yr of value — national placeholder)
2,245/mo PITI ÷ 0.28 = 8,018/mo → 96,221/yr required
against Zillow ZHVI 2026-05 and the 6.47% FRED 30-yr rate (2026-06-18).
What salary WOULD clear Chattanooga, TN?
You need about $96,221/yr for the typical home. On $1,050,000 you already clear it by $953,779.