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These days, finding an affordable place to live in the 38342 area can be challenging. Home prices in 38342 are now at a median cost of $122,882, lower than the Tennessee average of $315,131.
The average cost of rent is $617/mo in 38342, primarily driven by the current value of real estate in the 38342 area. In 38342, 16.68% of households rent, and 67.87% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 38342 is $3,909 per month. Households that rent pay about 15.78% of their income on rent here. 38342’s most expensive areas are in the northwestern 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
- 38317, TN: equally priced homes
- 38318, TN: equally priced homes
- 38236, TN: less expensive homes
- 38344, TN: higher priced homes
- 38320, TN: higher priced homes
- 38201, TN: higher priced homes
- 38333, TN: higher priced homes
- 38235, TN: less expensive homes
- 37134, TN: higher priced homes
- 38258, TN: less expensive homes
Zip Codes with Similar Populations
- 29104, SC: equally priced homes
- 16411, PA: higher priced homes
- 16443, PA: higher priced homes
- 16923, PA: higher priced homes
- 16928, PA: higher priced homes
- 23027, VA: higher priced homes
- 23827, VA: higher priced homes
- 24566, VA: equally priced homes
- 25607, WV: less expensive homes
- 51016, IA: equally priced homes
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