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Affordable
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These days, finding an affordable place to live in the 38555 area can be challenging. Home prices in 38555 are now at a median cost of $230,714, lower than the Tennessee average of $315,131.
The average cost of rent is $780/mo in 38555, primarily driven by the current value of real estate in the 38555 area. In 38555, 35.49% of households rent, and 55.61% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 38555 is $5,061 per month. Households that rent pay about 15.41% of their income on rent here. 38555’s most expensive areas are in the northwestern 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
- 38572, TN: equally priced homes
- 38571, TN: equally priced homes
- 38558, TN: higher priced homes
- 37723, TN: less expensive homes
- 38578, TN: less expensive homes
- 37854, TN: less expensive homes
- 37829, TN: less expensive homes
- 38583, TN: less expensive homes
- 37748, TN: less expensive homes
- 38559, TN: less expensive homes
Zip Codes with Similar Populations
- 07503, NJ: higher priced homes
- 94127, CA: higher priced homes
- 93927, CA: higher priced homes
- 91361, CA: higher priced homes
- 80215, CO: higher priced homes
- 78584, TX: less expensive homes
- 76205, TX: higher priced homes
- 75235, TX: higher priced homes
- 75137, TX: higher priced homes
- 73129, OK: less expensive homes
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