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These days, finding an affordable place to live in the 38478 area can be challenging. Home prices in 38478 are now at a median cost of $235,022, lower than the Tennessee average of $315,131.
The average cost of rent is $858/mo in 38478, primarily driven by the current value of real estate in the 38478 area. In 38478, 32.41% of households rent, and 46.68% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 38478 is $6,003 per month. Households that rent pay about 14.30% of their income on rent here. 38478’s most expensive areas are in the eastern 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
- 38460, TN: less expensive homes
- 38472, TN: higher priced homes
- 38459, TN: higher priced homes
- 38453, TN: higher priced homes
- 37047, TN: higher priced homes
- 38468, TN: equally priced homes
- 38456, TN: equally priced homes
- 38464, TN: less expensive homes
- 37144, TN: equally priced homes
- 37334, TN: equally priced homes
Zip Codes with Similar Populations
- 79714, TX: equally priced homes
- 28805, NC: higher priced homes
- 33701, FL: higher priced homes
- 33759, FL: higher priced homes
- 35111, AL: higher priced homes
- 61550, IL: equally priced homes
- 62656, IL: less expensive homes
- 63105, MO: higher priced homes
- 79045, TX: less expensive homes
- 02459, MA: higher priced homes
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