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These days, finding an affordable place to live in the 37055 area can be challenging. Home prices in 37055 are now at a median cost of $288,112, lower than the Tennessee average of $315,131.
The average cost of rent is $1,093/mo in 37055, primarily driven by the current value of real estate in the 37055 area. In 37055, 25.53% of households rent, and 41.07% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 37055 is $6,130 per month. Households that rent pay about 17.83% of their income on rent here. 37055’s most expensive areas are in the northeastern regions, while the cheapest areas are in the western parts of the zip.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Zip Codes
- 37029, TN: higher priced homes
- 37025, TN: equally priced homes
- 37187, TN: equally priced homes
- 37101, TN: less expensive homes
- 37082, TN: higher priced homes
- 37062, TN: higher priced homes
- 37143, TN: higher priced homes
- 37185, TN: less expensive homes
- 37078, TN: less expensive homes
- 37221, TN: higher priced homes
Zip Codes with Similar Populations
- 03062, NH: higher priced homes
- 97062, OR: higher priced homes
- 95330, CA: higher priced homes
- 91803, CA: higher priced homes
- 89511, NV: higher priced homes
- 85629, AZ: higher priced homes
- 72404, AR: less expensive homes
- 44052, OH: less expensive homes
- 43420, OH: less expensive homes
- 35007, AL: less expensive homes
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