WhereCanIAfford › Chattanooga, TN › On $475,000

Is Chattanooga, TN affordable on a $475,000 salary?

YES On $475,000/yr, the typical $326,370 home in Chattanooga, TN needs $96,221/yr ($2,245/mo). Your gap: +$378,779 — housing would be 5.7% 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 $475,000 you already clear it by $378,779.

On $450,000? On $500,000? On $525,000?

See the full Chattanooga, TN affordability breakdown → or every metro you can afford on $475,000 →