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These days, finding an affordable place to live in the 38455 area can be challenging. Home prices in 38455 are now at a median cost of $247,378, lower than the Tennessee average of $315,131.
The average cost of rent is $1,060/mo in 38455, primarily driven by the current value of real estate in the 38455 area. In 38455, 20.78% of households rent, and 48.04% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 38455 is $4,427 per month. Households that rent pay about 23.95% of their income on rent here. 38455’s most expensive areas are in the central regions, while the cheapest areas are in the southeastern 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
- 38449, TN: equally priced homes
- 38477, TN: less expensive homes
- 38453, TN: higher priced homes
- 35739, AL: less expensive homes
- 35620, AL: less expensive homes
- 38459, TN: higher priced homes
- 38488, TN: equally priced homes
- 35647, AL: equally priced homes
- 38460, TN: less expensive homes
- 38473, TN: less expensive homes
Zip Codes with Similar Populations
- 58057, ND: less expensive homes
- 95430, CA: higher priced homes
- 95471, CA: higher priced homes
- 58353, ND: less expensive homes
- 58260, ND: less expensive homes
- 58241, ND: less expensive homes
- 95545, CA: higher priced homes
- 58216, ND: less expensive homes
- 58069, ND: less expensive homes
- 95429, CA: higher priced homes
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