Latest available · Census ACS 5-Year (2024)
What Is the Median Home Value in ZCTA5 38506, Tennessee?
ZIP code · Census ACS 5-Year estimates
The median home value in ZCTA5 38506, Tennessee (ZIP 38506) is $288,100 (±$18,458), based on Census ACS 5-Year estimates (2024). The median gross rent is $1,007/month, and the median household income is $70,279/year. Source: U.S. Census Bureau, American Community Survey, 2024 5-Year Estimates.
Housing Metrics for ZIP 38506
| Metric | Value |
|---|---|
| Median Home Value | $288,100 |
| Median Gross Rent | $1,007 |
| Median Household Income | $70,279 |
| Total Housing Units | 12,470 |
| Renter-Occupied Units | 3,154 |
| Renter-Occupied Share | 25% |
How does ZIP 38506 compare?
Median home value ranked against all ZIP codes in Tennessee.
Higher home value than 75% of ZIP codes in Tennessee · 152th of 594
| # | ZIP code | Value |
|---|---|---|
| 1 | ZCTA5 37215 | $1,046,500 |
| 2 | ZCTA5 37046 | $979,900 |
| 3 | ZCTA5 37212 | $963,800 |
| … 148 more … | ||
| 152 | ZCTA5 38506(you are here) | $288,100 |
| … 439 more … | ||
| 592 | ZCTA5 37305 | $69,300 |
| 593 | ZCTA5 38126 | $59,300 |
| 594 | ZCTA5 38392 | $41,200 |
More data for ZIP 38506
Frequently asked questions
What is the median home value in ZCTA5 38506, Tennessee?
The median home value in ZCTA5 38506, Tennessee (ZIP 38506) is $288,100, based on Census ACS 5-Year estimates (2024). This is the self-reported estimated value homeowners believe their property would sell for. Source: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024.
What is the average rent in ZCTA5 38506, Tennessee?
The median gross rent in ZCTA5 38506, Tennessee (ZIP 38506) is $1,007/month, based on Census ACS 5-Year estimates (2024).
What is the median household income in ZCTA5 38506, Tennessee?
The median household income in ZCTA5 38506, Tennessee is $70,279/year according to Census ACS 5-Year estimates (2024).
How reliable is Census ACS data for small areas?
The ACS 5-Year estimates combine 60 months of data for more reliable figures in smaller geographies. Each estimate has a margin of error (MOE). For example, the median home value of $288,100 has a margin of error of ±$18,458. In very small areas, MOEs can be large relative to the estimate.
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