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These days, finding an affordable place to live in the 38544 area can be challenging. Home prices in 38544 are now at a median cost of $250,200, lower than the Tennessee average of $315,131.
The average cost of rent is $1,014/mo in 38544, primarily driven by the current value of real estate in the 38544 area. In 38544, 18.53% of households rent, and 50.63% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 38544 is $6,290 per month. Households that rent pay about 16.13% of their income on rent here. 38544’s most expensive areas are in the eastern regions, while the cheapest areas are in the southern 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
- 38582, TN: higher priced homes
- 38545, TN: less expensive homes
- 38501, TN: higher priced homes
- 38505, TN: equally priced homes
- 38548, TN: equally priced homes
- 38506, TN: higher priced homes
- 38552, TN: equally priced homes
- 38564, TN: less expensive homes
- 38569, TN: higher priced homes
- 38560, TN: equally priced homes
Zip Codes with Similar Populations
- 48629, MI: less expensive homes
- 75173, TX: higher priced homes
- 75161, TX: equally priced homes
- 74462, OK: less expensive homes
- 68661, NE: less expensive homes
- 65459, MO: less expensive homes
- 56347, MN: less expensive homes
- 55947, MN: higher priced homes
- 54020, WI: higher priced homes
- 53018, WI: higher priced homes
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