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38261 Zip Code Housing

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As of 2010-2014, median price of a house in 38261 Zip Code is $95,100, which is lower than the state average of $139,900 and is much lower than the national average of $175,700. The 38261 Zip Code median house value has grown by 26.80% since 2000. The growth rate for the price of a house in 38261 Zip Code is lower than the state average rate of 50.43% and is lower than the national average rate of 46.91%. The median year that a house in 38261 Zip Code was built is 1972, which is older than the median year for a house built in the state which is 1981 and is older 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 4,149 Owner Occupied Houses in 38261 Zip Code, see rank

38261 Zip Code	95,100 USD
Tennessee	139,900 USD
U.S.	175,700 USD

Median House Price Growth Since 2000, see rank

38261 Zip Code	26.80%
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

	38261 Zip Code	Tennessee	U.S.
Total Housing Units	7,859, see rank, 100%	2,839,142	132,741,033
Occupied Housing Units	6,653, 84.65%, see rank	87.61%	87.55%
Owner Occupied	4,149, 52.79%, see rank	58.82%	56.34%
Renter Occupied	2,504, 31.86%, see rank	28.79%	31.21%
Vacant Housing Units	1,206, 15.35%, see rank	12.39%	12.45%
For Rent	364, 4.63%, see rank	2.61%	2.34%
For Sale Only	69, 0.88%, see rank	1.32%	1.20%
Rented or Sold, Not Occupied	2, 0.03%, see rank	1.07%	0.92%
For Seasonal, Recreational, or Occasional Use	75, 0.95%, see rank	2.44%	3.97%
For Migrant Workers	0, 0.00%, see rank	0.02%	0.03%
Other Vacant	696, 8.86%, see rank	4.93%	4.00%

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

Year Structure Built

Median Built Year, #524

38261 Zip Code	Tennessee	U.S.
1972	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

	38261 Zip Code	%	Tennessee	U.S.
Owner-Occupied Units	4,149	100%	1,669,953	74,787,460
With a Mortgage	2,470	59.53%, see rank	61.60%	65.58%
Without a Mortgage	1,679	40.47%, 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

38261 Zip Code	962 USD
Tennessee	1,197 USD
U.S.	1,522 USD

Owner Costs Distribution

Monthly Owner Costs	38261 Zip Code	%	Tennessee	U.S.
$299 or Less	46	1.86%, see rank	0.28%	0.20%
$300 to $499	112	4.53%, see rank	2.56%	1.59%
$500 to $699	312	12.63%, see rank	8.39%	5.01%
$700 to $999	880	35.63%, see rank	23.06%	14.32%
$1,000 to $1,499	658	26.64%, see rank	34.56%	27.90%
$1,500 to $1,999	290	11.74%, see rank	16.87%	20.35%
$2,000 to $2,999	98	3.97%, see rank	10.45%	19.52%
$3,000 or More	74	3.00%, see rank	3.83%	11.12%

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

38261 Zip Code	18.90% 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

	38261 Zip Code	%	Tennessee	U.S.
10% or Less	166	6.72%, see rank	6.05%	5.86%
10% to 20%	1,175	47.57%, see rank	34.78%	31.95%
20% to 30%	486	19.68%, see rank	28.01%	27.64%
30% to 40%	215	8.70%, see rank	12.76%	13.74%
40% or More	427	17.29%, 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

38261 Zip Code	368 USD
Tennessee	359 USD
U.S.	457 USD

Owner Costs Distribution

Monthly Owner Costs	38261 Zip Code	%	Tennessee	U.S.
$199 or Less	78	4.65%, see rank	10.63%	7.76%
$200 to $299	422	25.13%, see rank	23.38%	14.70%
$300 to $499	846	50.39%, see rank	42.62%	34.63%
$500 to $699	302	17.99%, see rank	15.15%	21.16%
$700 or More	31	1.85%, see rank	8.22%	21.75%

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

38261 Zip Code	10.40% 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

	38261 Zip Code	%	Tennessee	U.S.
10% or Less	811	48.30%, see rank	45.34%	40.19%
10% to 20%	454	27.04%, see rank	31.24%	31.47%
20% to 30%	112	6.67%, see rank	10.84%	12.24%
30% to 40%	100	5.96%, see rank	4.71%	5.64%
40% or More	193	11.49%, 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

	38261 Zip Code	Tennessee	U.S.
Total Housing Units	7,859, 100%	2,839,142	132,741,033
1-unit, Detached	5,544, 70.54%, see rank	68.74%	61.65%
1-unit, Attached	136, 1.73%, see rank	3.11%	5.82%
2 Units	445, 5.66%, see rank	3.00%	3.75%
3 or 4 Units	493, 6.27%, see rank	3.14%	4.43%
5 to 9 Units	448, 5.70%, see rank	4.62%	4.78%
10 or More Units	228, 2.90%, see rank	7.73%	13.08%
Mobile Home, Boat, RV, Van, etc.	565, 7.19%, see rank	9.67%	6.49%

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

Rooms

	38261 Zip Code	Tennessee	U.S.
Total Housing Units	7,859, 100%	2,839,142	132,741,033
1 Room	135, 1.72%, see rank	1.08%	1.95%
2 Rooms	41, 0.52%, see rank	1.43%	2.48%
3 Rooms	266, 3.38%, see rank	6.75%	9.13%
4 Rooms	1,356, 17.25%, see rank	16.35%	16.60%
5 Rooms	1,847, 23.50%, see rank	22.36%	20.41%
6 Rooms	1,687, 21.47%, see rank	19.26%	18.06%
7 Rooms	1,102, 14.02%, see rank	13.02%	12.27%
8 Rooms	562, 7.15%, see rank	8.63%	8.48%
9 Rooms or More	863, 10.98%, see rank	11.12%	10.60%
Median Rooms	5.70, see rank	5.60	5.50

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

Bedrooms

	38261 Zip Code	Tennessee	U.S.
Total Housing Units	7,859, 100%	2,839,142	132,741,033
No Bedroom	135, 1.72%, see rank	1.18%	2.17%
1 Bedroom	423, 5.38%, see rank	7.78%	11.16%
2 Bedrooms	2,202, 28.02%, see rank	26.67%	26.69%
3 Bedrooms	4,105, 52.23%, see rank	46.66%	39.70%
4 Bedrooms	819, 10.42%, see rank	14.27%	16.05%
5 or More Bedrooms	175, 2.23%, see rank	3.44%	4.22%

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

House Heating Fuel

	38261 Zip Code	Tennessee	U.S.
Total Housing Units	6,653, 100%	2,487,349	116,211,092
Utility Gas	3,008, 45.21%, see rank	33.15%	48.85%
Bottled, Tank, or LP Gas	327, 4.92%, see rank	4.33%	4.86%
Electricity	3,183, 47.84%, see rank	59.47%	36.68%
Fuel Oil, Kerosene, etc.	16, 0.24%, see rank	0.47%	5.86%
Coal or Coke	0, 0.00%, see rank	0.04%	0.12%
Wood	89, 1.34%, see rank	2.14%	2.12%
Solar Energy	0, 0.00%, see rank	0.02%	0.05%
Other Fuel	6, 0.09%, see rank	0.11%	0.47%
No Fuel Used	24, 0.36%, see rank	0.27%	1.00%

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

Gross Rent

Monthly Rental	38261 Zip Code	Tennessee	U.S.
Occupied Units Paying Rent	2,289, 100%	747,962	39,201,928
$199 or Less	145, 6.33%, see rank	2.40%	1.50%
$200 to $299	133, 5.81%, see rank	4.03%	3.18%
$300 to $499	549, 23.98%, see rank	10.84%	7.37%
$500 to $699	829, 36.22%, see rank	24.36%	16.01%
$700 to $999	535, 23.37%, see rank	35.12%	29.17%
$1,000 to $1,499	86, 3.76%, see rank	18.39%	26.88%
$1,500 to $1,999	12, 0.52%, see rank	3.36%	9.79%
$2,000 or More	0, 0.00%, see rank	1.49%	6.10%
Median	$575, see rank	$757	$920

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

Vehicle Available

	38261 Zip Code	Tennessee	U.S.
Occupied Housing Units	6,653, 100%	2,487,349	116,211,092
No Vehicles Available	608, 9.14%, see rank	6.39%	9.12%
1 Vehicles Available	2,287, 34.38%, see rank	32.88%	33.80%
2 Vehicles Available	2,494, 37.49%, see rank	38.26%	37.48%
3 or More Vehicles Available	1,264, 19.00%, see rank	22.47%	19.61%

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