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These days, finding an affordable place to live in the 38060 area can be challenging. Home prices in 38060 are now at a median cost of $338,281, higher than the Tennessee average of $315,131.
The average cost of rent is $1,582/mo in 38060, primarily driven by the current value of real estate in the 38060 area. In 38060, 14.61% of households rent, and 31.34% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 38060 is $7,892 per month. Households that rent pay about 20.04% of their income on rent here. 38060’s most expensive areas are in the southeastern regions, while the cheapest areas are in the central 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
- 38076, TN: less expensive homes
- 38028, TN: higher priced homes
- 38068, TN: less expensive homes
- 38036, TN: less expensive homes
- 38002, TN: higher priced homes
- 38016, TN: less expensive homes
- 38018, TN: less expensive homes
- 38133, TN: less expensive homes
- 38135, TN: less expensive homes
- 38134, TN: less expensive homes
Zip Codes with Similar Populations
- 02056, MA: higher priced homes
- 95948, CA: equally priced homes
- 91502, CA: higher priced homes
- 87402, NM: less expensive homes
- 83333, ID: higher priced homes
- 81506, CO: higher priced homes
- 74948, OK: less expensive homes
- 74873, OK: less expensive homes
- 68147, NE: less expensive homes
- 30529, GA: less expensive homes
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