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These days, finding an affordable place to live in the 38461 area can be challenging. Home prices in 38461 are now at a median cost of $166,622, lower than the Tennessee average of $218,916.
The average cost of rent is $605/mo in 38461, primarily driven by the current value of real estate in the 38461 area. While nearly 46.87% of residents own their homes outright in 38461, 15.88% rent.
Housing affordability isn’t just about home prices, though. The average household income in 38461 is $4,099 per month. Households that rent pay about 14.75% of their income on rent here. 38461's most expensive areas are in the northeastern regions, while the cheapest areas are in the northwestern parts of the zip.
Nearby Zip Codes
- 38474, TN: equally priced homes
- 38483, TN: less expensive homes
- 38462, TN: less expensive homes
- 38401, TN: higher priced homes
- 38451, TN: higher priced homes
- 37096, TN: less expensive homes
- 37091, TN: equally priced homes
- 37034, TN: higher priced homes
- 37019, TN: equally priced homes
- 37180, TN: higher priced homes
Zip Codes with Similar Populations
- 27842, NC: higher priced homes
- 47922, IN: less expensive homes
- 48861, MI: equally priced homes
- 52041, IA: less expensive homes
- 43540, OH: less expensive homes
- 03882, NH: higher priced homes
- 76878, TX: less expensive homes
- 42133, KY: less expensive homes
- 80731, CO: higher priced homes
- 80864, CO: higher priced homes
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