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These days, finding an affordable place to live in the 38541 area can be challenging. Home prices in 38541 are now at a median cost of $123,740, lower than the Tennessee average of $218,916.
The average cost of rent is $590/mo in 38541, primarily driven by the current value of real estate in the 38541 area. While nearly 76.87% of residents own their homes outright in 38541, 13.57% rent.
Housing affordability isn’t just about home prices, though. The average household income in 38541 is $3,083 per month. Households that rent pay about 19.13% of their income on rent here. 38541's most expensive areas are in the southwestern regions, while the cheapest areas are in the southeastern parts of the zip.
Nearby Zip Codes
- 38573, TN: higher priced homes
- 38551, TN: equally priced homes
- 38568, TN: equally priced homes
- 38549, TN: higher priced homes
- 38543, TN: equally priced homes
- 42151, KY: equally priced homes
- 38575, TN: less expensive homes
- 38577, TN: less expensive homes
- 38588, TN: less expensive homes
- 38556, TN: less expensive homes
Zip Codes with Similar Populations
- 47030, IN: higher priced homes
- 26031, WV: less expensive homes
- 26679, WV: equally priced homes
- 27926, NC: higher priced homes
- 28347, NC: equally priced homes
- 30746, GA: higher priced homes
- 31549, GA: less expensive homes
- 35443, AL: less expensive homes
- 39363, MS: less expensive homes
- 41539, KY: less expensive homes
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