ZIP 37075 - 860Z200US37075 — Demographic Snapshot (2023)

Overview

If you’re considering a move, investment, or business opportunity in ZIP 37075, located in Hendersonville, Tennessee, this demographic and housing snapshot offers a clear picture of the area in 2023. With a robust population, strong median income, and a diverse housing market, this ZIP code presents unique opportunities for homebuyers, real estate investors, small-business owners, and analysts. Let’s break down the key metrics to help you make informed decisions about living or working in this community.

Population & Households

ZIP 37075 is home to a substantial population of 72,541 residents as of 2023, making it a vibrant and active community. This sizable population supports a diverse local economy and offers a strong customer base for businesses. The area comprises 28,028 households, reflecting a mix of family structures and living arrangements. With 29,600 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.

Income & Housing Costs

One of the standout metrics for ZIP 37075 is its median household income of $97,597, which suggests a relatively affluent community with significant purchasing power. This income level can attract businesses catering to middle- and upper-middle-class consumers. On the housing front, the median home value stands at $403,400, reflecting a strong real estate market that could appeal to buyers seeking long-term value or investors eyeing appreciation potential. For renters, the median rent is $1,552 per month, indicating a competitive rental market that aligns with the area’s income levels and housing demand.

Race & Ethnicity

The demographic makeup of ZIP 37075 offers insight into the community’s cultural diversity. The population is predominantly White at 82.01%, with smaller but notable percentages of Black (7.89%), Asian (2.36%), and Hispanic (5.57%) residents. This composition suggests a primarily homogeneous area with growing diversity, which can influence community dynamics, local businesses, and cultural offerings. For businesses and investors, understanding this mix can help tailor services or marketing strategies to resonate with the local population.

Key Facts

• Total population in ZIP 37075: 72,541 residents, indicating a sizable community.
• Total households: 28,028, showcasing a strong base of family and individual units.
• Total housing units: 29,600, suggesting potential availability for new residents or investors.
• Median household income: $97,597, reflecting a financially stable population.
• Median home value: $403,400, pointing to a robust real estate market.
• Median rent: $1,552, indicating a competitive rental landscape.
• Racial composition: 82.01% White, 7.89% Black, 2.36% Asian, 5.57% Hispanic, showing moderate diversity.

What This Means for You

For homebuyers, ZIP 37075 offers a promising market with a median home value of $403,400, suggesting stability and potential for appreciation. The slight surplus of housing units could mean more options to choose from, though the median rent of $1,552 indicates renting is also a viable option for those not ready to buy. Real estate investors and agents will find opportunity in the area’s strong income levels and home values, which support both rental and sales markets. The population size ensures consistent demand, whether for single-family homes or rental properties.

For small-business owners, the population of over 72,000 and a median household income nearing $98,000 signal a customer base with disposable income. Whether you’re opening a retail store, restaurant, or service-based business, this area’s demographics suggest a market ready to spend on quality offerings. Analysts can use these metrics to benchmark ZIP 37075 against neighboring areas, identifying trends in housing affordability, income growth, or demographic shifts that could impact future development.

Run This Study Yourself

• Curious about other ZIP codes or want to dive deeper into ZIP 37075? Visit ZipcodeGPT to access powerful demographic and housing data tools.
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