USA.com / Tennessee / Fayette County / Oakland, TN / 38060 / Housing

38060 Zip Code Housing

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As of 2010-2014, median price of a house in 38060 Zip Code is $167,000, which is higher than the state average of $139,900 and is lower than the national average of $175,700. The 38060 Zip Code median house value has grown by 49.37% since 2000. The growth rate for the price of a house in 38060 Zip Code is about the same as the state average rate of 50.43% and is higher than the national average rate of 46.91%. The median year that a house in 38060 Zip Code was built is 2001, which is newer than the median year for a house built in the state which is 1981 and is newer than the median year for a house built in the USA which is 1976.

Topics:House Value Housing Occupancy Year Structure Built Mortgage Status Mortgage Owner's Costs None-Mortgage Owner's Costs Units in Structure Rooms Bedrooms House Heating Fuel Gross Rent Vehicle Available

House Value

Median Value of a Total of 3,499 Owner Occupied Houses in 38060 Zip Code, see rank

38060 Zip Code	167,000 USD
Tennessee	139,900 USD
U.S.	175,700 USD

Median House Price Growth Since 2000, see rank

38060 Zip Code	49.37%
Tennessee	50.43%
U.S.	46.91%

Ranks: $50K or Less, $50-100K, $100-150K, $150-200K, $200-300K, $300-500K, $500-1M, $1M or More

*Based on 2010-2014 data. View historical house value data.

Housing Occupancy

	38060 Zip Code	Tennessee	U.S.
Total Housing Units	4,179, see rank, 100%	2,839,142	132,741,033
Occupied Housing Units	3,924, 93.90%, see rank	87.61%	87.55%
Owner Occupied	3,499, 83.73%, see rank	58.82%	56.34%
Renter Occupied	425, 10.17%, see rank	28.79%	31.21%
Vacant Housing Units	255, 6.10%, see rank	12.39%	12.45%
For Rent	0, 0.00%, see rank	2.61%	2.34%
For Sale Only	74, 1.77%, see rank	1.32%	1.20%
Rented or Sold, Not Occupied	45, 1.08%, see rank	1.07%	0.92%
For Seasonal, Recreational, or Occasional Use	25, 0.60%, see rank	2.44%	3.97%
For Migrant Workers	0, 0.00%, see rank	0.02%	0.03%
Other Vacant	111, 2.66%, see rank	4.93%	4.00%

*Based on 2010-2014 data. View historical housing occupancy data.

Year Structure Built

Median Built Year, #6

38060 Zip Code	Tennessee	U.S.
2001	1981	1976

Ranks: 1995 or earlier, 1960-1969, 1970-1979, 1980-1989, 1990-2000, 2000-2010

*Based on 2010-2014 data. View historical year structure built data.

Mortgage Status

	38060 Zip Code	%	Tennessee	U.S.
Owner-Occupied Units	3,499	100%	1,669,953	74,787,460
With a Mortgage	2,551	72.91%, see rank	61.60%	65.58%
Without a Mortgage	948	27.09%, see rank	38.40%	34.42%

*Based on 2010-2014 data. View historical mortgage status data.

Monthly Owner Costs for Housing Units with a Mortgage

Median Owner Costs, see rank

38060 Zip Code	1,273 USD
Tennessee	1,197 USD
U.S.	1,522 USD

Owner Costs Distribution

Monthly Owner Costs	38060 Zip Code	%	Tennessee	U.S.
$299 or Less	0	0.00%, see rank	0.28%	0.20%
$300 to $499	18	0.71%, see rank	2.56%	1.59%
$500 to $699	146	5.72%, see rank	8.39%	5.01%
$700 to $999	427	16.74%, see rank	23.06%	14.32%
$1,000 to $1,499	1,217	47.71%, see rank	34.56%	27.90%
$1,500 to $1,999	516	20.23%, see rank	16.87%	20.35%
$2,000 to $2,999	173	6.78%, see rank	10.45%	19.52%
$3,000 or More	54	2.12%, see rank	3.83%	11.12%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank

38060 Zip Code	21.40% of the Total Income
Tennessee	22.70% of the Total Income
U.S.	23.70% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution

	38060 Zip Code	%	Tennessee	U.S.
10% or Less	166	6.51%, see rank	6.05%	5.86%
10% to 20%	990	38.81%, see rank	34.78%	31.95%
20% to 30%	645	25.28%, see rank	28.01%	27.64%
30% to 40%	227	8.90%, see rank	12.76%	13.74%
40% or More	509	19.95%, see rank	17.77%	20.29%

*Based on 2010-2014 data. View historical monthly owner costs for housing units with a mortgage data.

Monthly Owner Costs for Housing Units without a Mortgage

Median Owner Costs, see rank

38060 Zip Code	374 USD
Tennessee	359 USD
U.S.	457 USD

Owner Costs Distribution

Monthly Owner Costs	38060 Zip Code	%	Tennessee	U.S.
$199 or Less	69	7.28%, see rank	10.63%	7.76%
$200 to $299	208	21.94%, see rank	23.38%	14.70%
$300 to $499	568	59.92%, see rank	42.62%	34.63%
$500 to $699	79	8.33%, see rank	15.15%	21.16%
$700 or More	24	2.53%, see rank	8.22%	21.75%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank

38060 Zip Code	10.00% of the Total Income
Tennessee	11.00% of the Total Income
U.S.	12.30% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution

	38060 Zip Code	%	Tennessee	U.S.
10% or Less	506	53.38%, see rank	45.34%	40.19%
10% to 20%	221	23.31%, see rank	31.24%	31.47%
20% to 30%	90	9.49%, see rank	10.84%	12.24%
30% to 40%	109	11.50%, see rank	4.71%	5.64%
40% or More	22	2.32%, see rank	6.65%	9.16%

*Based on 2010-2014 data. View historical monthly owner costs for housing units without a mortgage data.

Units in Structure

	38060 Zip Code	Tennessee	U.S.
Total Housing Units	4,179, 100%	2,839,142	132,741,033
1-unit, Detached	3,765, 90.09%, see rank	68.74%	61.65%
1-unit, Attached	40, 0.96%, see rank	3.11%	5.82%
2 Units	11, 0.26%, see rank	3.00%	3.75%
3 or 4 Units	0, 0.00%, see rank	3.14%	4.43%
5 to 9 Units	0, 0.00%, see rank	4.62%	4.78%
10 or More Units	21, 0.50%, see rank	7.73%	13.08%
Mobile Home, Boat, RV, Van, etc.	342, 8.18%, see rank	9.67%	6.49%

*Based on 2010-2014 data. View historical units in structure data.

Rooms

	38060 Zip Code	Tennessee	U.S.
Total Housing Units	4,179, 100%	2,839,142	132,741,033
1 Room	0, 0.00%, see rank	1.08%	1.95%
2 Rooms	11, 0.26%, see rank	1.43%	2.48%
3 Rooms	19, 0.45%, see rank	6.75%	9.13%
4 Rooms	302, 7.23%, see rank	16.35%	16.60%
5 Rooms	898, 21.49%, see rank	22.36%	20.41%
6 Rooms	1,011, 24.19%, see rank	19.26%	18.06%
7 Rooms	928, 22.21%, see rank	13.02%	12.27%
8 Rooms	393, 9.40%, see rank	8.63%	8.48%
9 Rooms or More	617, 14.76%, see rank	11.12%	10.60%
Median Rooms	6.40, see rank	5.60	5.50

*Based on 2010-2014 data. View historical rooms data.

Bedrooms

	38060 Zip Code	Tennessee	U.S.
Total Housing Units	4,179, 100%	2,839,142	132,741,033
No Bedroom	0, 0.00%, see rank	1.18%	2.17%
1 Bedroom	98, 2.35%, see rank	7.78%	11.16%
2 Bedrooms	283, 6.77%, see rank	26.67%	26.69%
3 Bedrooms	2,566, 61.40%, see rank	46.66%	39.70%
4 Bedrooms	1,102, 26.37%, see rank	14.27%	16.05%
5 or More Bedrooms	130, 3.11%, see rank	3.44%	4.22%

*Based on 2010-2014 data. View historical bedrooms data.

House Heating Fuel

	38060 Zip Code	Tennessee	U.S.
Total Housing Units	3,924, 100%	2,487,349	116,211,092
Utility Gas	2,697, 68.73%, see rank	33.15%	48.85%
Bottled, Tank, or LP Gas	217, 5.53%, see rank	4.33%	4.86%
Electricity	944, 24.06%, see rank	59.47%	36.68%
Fuel Oil, Kerosene, etc.	7, 0.18%, see rank	0.47%	5.86%
Coal or Coke	0, 0.00%, see rank	0.04%	0.12%
Wood	44, 1.12%, see rank	2.14%	2.12%
Solar Energy	0, 0.00%, see rank	0.02%	0.05%
Other Fuel	15, 0.38%, see rank	0.11%	0.47%
No Fuel Used	0, 0.00%, see rank	0.27%	1.00%

*Based on 2010-2014 data. View historical house heating fuel data.

Gross Rent

Monthly Rental	38060 Zip Code	Tennessee	U.S.
Occupied Units Paying Rent	370, 100%	747,962	39,201,928
$199 or Less	0, 0.00%, see rank	2.40%	1.50%
$200 to $299	11, 2.97%, see rank	4.03%	3.18%
$300 to $499	50, 13.51%, see rank	10.84%	7.37%
$500 to $699	60, 16.22%, see rank	24.36%	16.01%
$700 to $999	48, 12.97%, see rank	35.12%	29.17%
$1,000 to $1,499	167, 45.14%, see rank	18.39%	26.88%
$1,500 to $1,999	34, 9.19%, see rank	3.36%	9.79%
$2,000 or More	0, 0.00%, see rank	1.49%	6.10%
Median	$1,080, see rank	$757	$920

*Based on 2010-2014 data. View historical gross rent data.

Vehicle Available

	38060 Zip Code	Tennessee	U.S.
Occupied Housing Units	3,924, 100%	2,487,349	116,211,092
No Vehicles Available	58, 1.48%, see rank	6.39%	9.12%
1 Vehicles Available	1,024, 26.10%, see rank	32.88%	33.80%
2 Vehicles Available	1,885, 48.04%, see rank	38.26%	37.48%
3 or More Vehicles Available	957, 24.39%, see rank	22.47%	19.61%

*Based on 2010-2014 data. View historical vehicle available data.