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These days, finding an affordable place to live in the 38542 area can be challenging. Home prices in 38542 are now at a median cost of $123,000, lower than the Tennessee average of $218,916.
The average cost of rent is $791/mo in 38542, primarily driven by the current value of real estate in the 38542 area. While nearly 56.32% of residents own their homes outright in 38542, 27.52% rent.
Housing affordability isn’t just about home prices, though. The average household income in 38542 is $2,593 per month. Households that rent pay about 30.49% of their income on rent here. 38542's most expensive areas are in the central regions, while the cheapest areas are in the central parts of the zip.
Nearby Zip Codes
- 38554, TN: equally priced homes
- 38543, TN: equally priced homes
- 38589, TN: equally priced homes
- 38570, TN: higher priced homes
- 38580, TN: higher priced homes
- 38573, TN: higher priced homes
- 38565, TN: equally priced homes
- 38553, TN: equally priced homes
- 38568, TN: equally priced homes
- 38556, TN: less expensive homes
Zip Codes with Similar Populations
- 63666, MO: equally priced homes
- 50839, IA: equally priced homes
- 51341, IA: equally priced homes
- 52562, IA: higher priced homes
- 53031, WI: higher priced homes
- 53802, WI: equally priced homes
- 56140, MN: less expensive homes
- 57630, SD: less expensive homes
- 58239, ND: less expensive homes
- 58323, ND: less expensive homes
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