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These days, finding an affordable place to live in the 37861 area can be challenging. Home prices in 37861 are now at a median cost of $154,408, lower than the Tennessee average of $218,916.
The average cost of rent is $714/mo in 37861, primarily driven by the current value of real estate in the 37861 area. While nearly 51.69% of residents own their homes outright in 37861, 20.03% rent.
Housing affordability isn’t just about home prices, though. The average household income in 37861 is $3,912 per month. Households that rent pay about 18.25% of their income on rent here. 37861's most expensive areas are in the southwestern regions, while the cheapest areas are in the northwestern parts of the zip.
Nearby Zip Codes
- 37888, TN: less expensive homes
- 37877, TN: equally priced homes
- 37760, TN: higher priced homes
- 37848, TN: less expensive homes
- 37814, TN: higher priced homes
- 37708, TN: less expensive homes
- 37709, TN: higher priced homes
- 37813, TN: less expensive homes
- 37881, TN: less expensive homes
- 37779, TN: less expensive homes
Zip Codes with Similar Populations
- 04064, ME: higher priced homes
- 04032, ME: higher priced homes
- 59457, MT: higher priced homes
- 59911, MT: higher priced homes
- 60425, IL: less expensive homes
- 61342, IL: less expensive homes
- 63348, MO: higher priced homes
- 65559, MO: higher priced homes
- 74434, OK: equally priced homes
- 17020, PA: higher priced homes
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