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These days, finding an affordable place to live in the 38481 area can be challenging. Home prices in 38481 are now at a median cost of $71,531, lower than the Tennessee average of $218,916.
The average cost of rent is $546/mo in 38481, primarily driven by the current value of real estate in the 38481 area. While nearly 52.03% of residents own their homes outright in 38481, 11.90% rent.
Housing affordability isn’t just about home prices, though. The average household income in 38481 is $3,151 per month. Households that rent pay about 17.31% of their income on rent here. 38481's most expensive areas are in the northeastern regions, while the cheapest areas are in the eastern parts of the zip.
Nearby Zip Codes
- 38469, TN: higher priced homes
- 35648, AL: higher priced homes
- 38463, TN: higher priced homes
- 38486, TN: higher priced homes
- 38457, TN: higher priced homes
- 38468, TN: higher priced homes
- 35610, AL: higher priced homes
- 38452, TN: higher priced homes
- 38450, TN: higher priced homes
- 38473, TN: higher priced homes
Zip Codes with Similar Populations
- 84711, UT: higher priced homes
- 26238, WV: higher priced homes
- 26419, WV: higher priced homes
- 27916, NC: higher priced homes
- 28736, NC: higher priced homes
- 38311, TN: higher priced homes
- 56039, MN: higher priced homes
- 56219, MN: higher priced homes
- 78932, TX: higher priced homes
- 82523, WY: higher priced homes
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