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These days, finding an affordable place to live in the 37047 area can be challenging. Home prices in 37047 are now at a median cost of $177,936, lower than the Tennessee average of $218,916.
The average cost of rent is $804/mo in 37047, primarily driven by the current value of real estate in the 37047 area. While nearly 54.21% of residents own their homes outright in 37047, 16.83% rent.
Housing affordability isn’t just about home prices, though. The average household income in 37047 is $5,653 per month. Households that rent pay about 14.23% of their income on rent here. 37047's most expensive areas are in the western regions, while the cheapest areas are in the southern parts of the zip.
Nearby Zip Codes
- 37019, TN: less expensive homes
- 37091, TN: less expensive homes
- 37144, TN: less expensive homes
- 38472, TN: equally priced homes
- 38451, TN: higher priced homes
- 38478, TN: less expensive homes
- 37160, TN: equally priced homes
- 38456, TN: less expensive homes
- 37359, TN: equally priced homes
- 37352, TN: equally priced homes
Zip Codes with Similar Populations
- 10968, NY: higher priced homes
- 12575, NY: higher priced homes
- 12775, NY: higher priced homes
- 13044, NY: less expensive homes
- 17321, PA: higher priced homes
- 14476, NY: less expensive homes
- 14775, NY: less expensive homes
- 54817, WI: higher priced homes
- 62424, IL: equally priced homes
- 59825, MT: higher priced homes
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