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These days, finding an affordable place to live in the 37062 area can be challenging. Home prices in 37062 are now at a median cost of $280,281, higher than the Tennessee average of $218,916.
The average cost of rent is $1,202/mo in 37062, primarily driven by the current value of real estate in the 37062 area. While nearly 36.68% of residents own their homes outright in 37062, 17.43% rent.
Housing affordability isn’t just about home prices, though. The average household income in 37062 is $6,710 per month. Households that rent pay about 17.91% of their income on rent here. 37062's most expensive areas are in the southwestern regions, while the cheapest areas are in the southeastern parts of the zip.
Nearby Zip Codes
- 37082, TN: equally priced homes
- 37025, TN: less expensive homes
- 37029, TN: equally priced homes
- 38476, TN: less expensive homes
- 37098, TN: less expensive homes
- 37221, TN: higher priced homes
- 37069, TN: higher priced homes
- 37064, TN: higher priced homes
- 37055, TN: less expensive homes
- 37067, TN: higher priced homes
Zip Codes with Similar Populations
- 70538, LA: less expensive homes
- 32643, FL: less expensive homes
- 32693, FL: less expensive homes
- 33316, FL: higher priced homes
- 33477, FL: higher priced homes
- 40033, KY: less expensive homes
- 45434, OH: equally priced homes
- 48122, MI: less expensive homes
- 48360, MI: higher priced homes
- 48840, MI: less expensive homes
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