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Collinwood is a small town of 1,224 in Tennessee, with a median household income of $51,190
and a 5.6% unemployment rate.
Its cost of living index is 84 (US average = 100), which is
16% below the national average.
Strengths:
Collinwood stands out for an affordable cost of living, below-average home prices.
Trade-offs:
Potential downsides include an elevated unemployment rate. Whether Collinwood is right for you depends on your priorities — the full breakdown is below.
All Collinwood city data on this page comes from official government sources —
the US Census Bureau, FBI, NCES, BEA, and NOAA — updated annually.
Cost of Living
Index: 83.6
Collinwood's overall cost of living index is 83.6,
where 100 represents the US national average.
Living in Collinwood costs roughly 16% less than the average American city.
Metric
Collinwood, TN
National Avg
Median Home Value
$84,800
$244,900
Median Monthly Rent
$521
$1,163
Homeownership Rate
74.2%
65.9%
Median Household Income
$51,190
$74,755
Crime & Safety
Very Safe
Collinwood's violent crime rate is 126.0 per 100,000 residents
— 67% lower than the national average of ~380 per 100,000.
Violent Crime
126.0 /100k
Property Crime
347.9 /100k
Vertical marker = national average. Source: FBI UCR Program.
Schools & Education
Collinwood is served primarily by Wayne County.
Metric
Collinwood, TN
National Avg
School District
Wayne County
—
Elementary Schools
2
—
Middle Schools
2
—
High Schools
4
—
Student/Teacher Ratio
N/A
16:1
Bachelor's Degree or Higher
9.7%
35.4%
High School Diploma or Higher
90.0%
91.1%
Weather & Climate
Collinwood sees average highs of 48.9°F in January
and 88.4°F in July,
with 61.8 inches of annual precipitation
and 1.3 inches of snow per year.
Collinwood's cost of living index is 84, where 100 is the national average.
That makes Collinwood roughly 16% less expensive than a typical US city — a meaningful affordability advantage.
The median home price is $84,800 and median rent is $521/month.
Collinwood's violent crime rate is 126.0 per 100,000 residents — the national average is ~380 per 100,000. Property crime is 347.9 per 100,000 (national avg ~2,100). Data from the FBI Uniform Crime Reporting Program.
Public schools in Collinwood are operated by Wayne County.
The district has 2 elementary, 2 middle, and 4 high schools.
9.7% of adults 25+ hold a bachelor's degree or higher.
Collinwood, TN has a population of 1,224, a median household income of $51,190, and an unemployment rate of 5.6%.
It offers below-average costs of living, which stretches take-home pay further than in most American cities. Whether it's right for you depends on your priorities — use the compare tool above to stack it against another city you're considering.
Collinwood averages 48.9°F in January and 88.4°F in July. Annual rainfall is 61.8 inches
with about 1.3 inches of snow per year.
Based on NOAA 30-year climate normals (1991–2020).
Collinwood, TN is covered by 1 ZIP code: 38450.
The population of Collinwood, Tennessee is 1,224 with a median age of 35.4. Source: US Census ACS 5-Year Estimates.
Key numbers for living in Collinwood: cost of living index 84 (100 = US average), median home $84,800, median household income $51,190, crime index 27 (100 = US average, lower is safer), schools rated C+. Whether these are benefits or drawbacks depends on where you're coming from — compare Collinwood side by side with your current city to see the trade-offs.
