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These days, finding an affordable place to live in the 37862 area can be challenging. Home prices in 37862 are now at a median cost of $235,879, higher than the Tennessee average of $218,916.
The average cost of rent is $841/mo in 37862, primarily driven by the current value of real estate in the 37862 area. While nearly 49.37% of residents own their homes outright in 37862, 37.32% rent.
Housing affordability isn’t just about home prices, though. The average household income in 37862 is $4,108 per month. Households that rent pay about 20.46% of their income on rent here. 37862's most expensive areas are in the southwestern regions, while the cheapest areas are in the southern parts of the zip.
Nearby Zip Codes
- 37863, TN: less expensive homes
- 37876, TN: less expensive homes
- 37738, TN: less expensive homes
- 37764, TN: less expensive homes
- 37865, TN: less expensive homes
- 37886, TN: less expensive homes
- 37722, TN: less expensive homes
- 37920, TN: less expensive homes
- 37914, TN: less expensive homes
- 37804, TN: less expensive homes
Zip Codes with Similar Populations
- 20151, VA: higher priced homes
- 02809, RI: higher priced homes
- 99515, AK: higher priced homes
- 98199, WA: higher priced homes
- 97338, OR: higher priced homes
- 93444, CA: higher priced homes
- 92586, CA: equally priced homes
- 85259, AZ: higher priced homes
- 85013, AZ: higher priced homes
- 37091, TN: less expensive homes
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