ZIP 37064 - 860Z200US37064 — Demographic Snapshot (2023)

Overview

If you’re considering a move, investment, or business opportunity in ZIP 37064, located in the heart of Tennessee, this demographic and housing snapshot offers a clear picture of the area in 2023. With a robust population, strong income levels, and a dynamic housing market, this region—often associated with Franklin, TN—presents unique opportunities for homebuyers, real estate investors, small-business owners, and analysts. Let’s break down the latest data to help you make informed decisions about living, working, or investing in ZIP 37064.

Population & Households

ZIP 37064 is home to a substantial population of 66,641 residents as of 2023, making it a vibrant and active community. This area supports 24,255 households, reflecting a strong base of families, professionals, and individuals. With 25,302 total housing units, there’s a slight surplus of homes compared to households, which could indicate availability for new residents or investors looking to enter the market. This balance suggests a community that’s growing yet stable, ideal for those seeking a place with both opportunity and established roots.

Income & Housing Costs

One of the standout metrics for ZIP 37064 is its median household income of $121,492, which signals a high-earning community with significant purchasing power. This income level supports a robust local economy, beneficial for small businesses and service providers. On the housing front, the median home value stands at $664,000, reflecting a premium market that could appeal to buyers seeking long-term value or investors eyeing appreciation potential. For renters, the median rent is $1,810 per month, indicating a competitive rental market that aligns with the area’s higher cost of living. These figures highlight ZIP 37064 as a prosperous area with housing costs that match its affluent demographic profile.

Race & Ethnicity

The demographic makeup of ZIP 37064 offers insight into its cultural diversity. The population is predominantly White at 79.6%, with smaller but significant representation from other groups: Black residents make up 5.73%, Asian residents account for 4.13%, and Hispanic or Latino individuals comprise 7.71%. This mix suggests a community that, while largely homogeneous, still offers a degree of diversity, which can enrich local culture, schools, and businesses. For those prioritizing community composition in their relocation or investment decisions, these figures provide a helpful starting point.

Key Facts

• Total population in ZIP 37064: 66,641 residents in 2023.
• Total households: 24,255, supporting a strong community base.
• Total housing units: 25,302, indicating potential availability for new residents.
• Median household income: $121,492, reflecting high earning potential.
• Median home value: $664,000, signaling a premium real estate market.
• Median rent: $1,810, aligning with the area’s affluent profile.
• Racial composition: 79.6% White, 5.73% Black, 4.13% Asian, 7.71% Hispanic.

What This Means for You

For homebuyers, ZIP 37064 offers a high-quality living environment with a median home value of $664,000, suggesting strong long-term investment potential despite the higher entry cost. The slight surplus of housing units (25,302 vs. 24,255 households) could mean opportunities to find a home, though competition may still be stiff given the area’s desirability. Real estate investors and agents will find a lucrative market here, with high home values and a median income of $121,492 indicating residents who can afford premium properties or rentals at $1,810 monthly. The data points to potential for both appreciation and rental income. Small-business owners can tap into a wealthy consumer base, as the high median income suggests disposable income for goods and services—ideal for retail, dining, or professional offerings. Finally, analysts can use these metrics to benchmark ZIP 37064 against other regions, noting its affluence and moderate diversity as key drivers of local dynamics. Whether you’re buying, investing, or building a business, this area’s data underscores its potential as a thriving hub.

Run This Study Yourself

• Curious about other ZIP codes or want to dive deeper into ZIP 37064? Start by visiting ZipcodeGPT for a user-friendly platform to explore demographic and housing data.
• Enter any ZIP code to access up-to-date metrics on population, income, housing costs, and more, tailored to your needs.
• Use the insights to compare areas, identify trends, and make data-driven decisions for your next move or investment.