ZIP 37042 - 860Z200US37042 — Demographic Snapshot (2023)

Overview

If you’re considering ZIP code 37042 for your next home, investment, or business venture, this demographic and housing snapshot offers a clear picture of what to expect. Located in a dynamic area, 37042 is home to a sizable population and a diverse community. With data from 2023, we’ll break down key metrics like population size, household income, housing costs, and racial composition to help you make informed decisions. Whether you’re a homebuyer, real estate investor, small-business owner, or analyst, these insights will guide your next steps in this vibrant region.

Population & Households

ZIP code 37042 boasts a total population of 85,169 residents, making it a bustling and active community. This sizable population is distributed across 32,625 households, reflecting a strong residential base. Additionally, there are 35,433 total housing units in the area, indicating a mix of occupied and potentially available properties. For families, investors, or businesses, this population density suggests a robust market with opportunities for engagement, whether through housing demand or customer reach.

Income & Housing Costs

The median household income in ZIP 37042 stands at $66,435, pointing to a community with moderate earning power. This income level can support a comfortable lifestyle for many families and provides a benchmark for affordability when considering housing costs. Speaking of housing, the median home value in this area is $220,700, which offers a relatively accessible entry point for homebuyers compared to pricier markets. For renters, the median rent is $1,196 per month, reflecting a competitive rental market that could appeal to investors seeking steady returns. These figures provide a balanced view of affordability and investment potential in 37042.

Race & Ethnicity

ZIP code 37042 is characterized by a diverse population, which adds to the cultural richness of the area. The racial composition breaks down as follows: 47.65% White, 26.2% Black, 2.63% Asian, and 14.62% Hispanic. This diversity creates a welcoming environment for residents and businesses alike, fostering a community where varied perspectives and backgrounds converge. For small-business owners, this mix can translate into a broad customer base with unique needs and preferences, while homebuyers may appreciate the inclusive atmosphere.

Key Facts

• Total population: 85,169 residents, indicating a large and active community.
• Total households: 32,625, reflecting a strong residential presence.
• Total housing units: 35,433, suggesting potential availability for new occupants or investors.
• Median household income: $66,435, supporting moderate affordability.
• Median home value: $220,700, an accessible price point for many buyers.
• Median rent: $1,196, offering opportunities for rental investments.
• Diverse demographics: 47.65% White, 26.2% Black, 2.63% Asian, 14.62% Hispanic.

What This Means for You

For homebuyers, ZIP 37042 presents an attractive option with a median home value of $220,700, which is within reach for many budgets, especially given the median household income of $66,435. The diverse community also means you’re likely to find a welcoming neighborhood that suits your lifestyle. Real estate investors and agents can capitalize on the rental market, where a median rent of $1,196 suggests steady demand, alongside a surplus of housing units (35,433 total) that may offer opportunities for flips or long-term holds. Small-business owners will find a large and varied customer base of 85,169 residents, with diverse cultural backgrounds that could inspire tailored products or services. Finally, analysts can use these metrics as a foundation for deeper market studies, particularly around housing trends and demographic shifts in 37042. This data equips you with the insights needed to act confidently, whether you’re buying, investing, or building a business.

Run This Study Yourself

• Curious about other ZIP codes or want to dive deeper into 37042? Start by visiting ZipcodeGPT for a user-friendly platform to explore demographic and housing data.
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