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These days, finding an affordable place to live in the 37620 area can be challenging. Home prices in 37620 are now at a median cost of $203,654, lower than the Tennessee average of $315,131.
The average cost of rent is $932/mo in 37620, primarily driven by the current value of real estate in the 37620 area. In 37620, 26.72% of households rent, and 49.58% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 37620 is $5,317 per month. Households that rent pay about 17.54% of their income on rent here. 37620’s most expensive areas are in the northeastern regions, while the cheapest areas are in the northern 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
- 24201, VA: less expensive homes
- 24202, VA: equally priced homes
- 37618, TN: equally priced homes
- 37617, TN: higher priced homes
- 37686, TN: higher priced homes
- 24211, VA: higher priced homes
- 24258, VA: less expensive homes
- 37688, TN: less expensive homes
- 37664, TN: higher priced homes
- 37615, TN: higher priced homes
Zip Codes with Similar Populations
- 27320, NC: equally priced homes
- 11379, NY: higher priced homes
- 98908, WA: higher priced homes
- 80210, CO: higher priced homes
- 32714, FL: higher priced homes
- 32034, FL: higher priced homes
- 30223, GA: equally priced homes
- 28625, NC: higher priced homes
- 21244, MD: higher priced homes
- 97128, OR: higher priced homes
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