ZIP 37138 - 860Z200US37138 — Demographic Snapshot (2023)

Overview

If you're considering a move, investment, or business opportunity in ZIP 37138, located in the 860Z200US37138 area, understanding the local demographics and housing landscape is essential. This snapshot, based on 2023 data, provides a clear picture of the community's population, income levels, housing costs, and diversity. Whether you're a homebuyer, real estate investor, small-business owner, or analyst, these insights can help you make informed decisions about living or working in this area.

Population & Households

ZIP 37138 is home to a population of 22,539 residents, making it a moderately sized community with a mix of families, professionals, and individuals. The area supports 9,456 households, reflecting a strong residential base. With 9,905 total housing units, there’s a slight surplus of properties compared to occupied households, which could indicate some availability for new residents or investors looking to enter the market. This balance suggests a stable community with room for growth or turnover, depending on your perspective as a buyer or business owner.

Income & Housing Costs

The median household income in ZIP 37138 stands at $87,450, pointing to a relatively affluent community with solid earning potential. This income level supports a comfortable lifestyle for many residents and indicates purchasing power that small businesses might find attractive. On the housing front, the median home value is $347,500, reflecting a competitive yet accessible market for middle- to upper-middle-income buyers. For renters, the median rent is $1,427 per month, which aligns with the area’s income levels but may pose a consideration for cost-conscious individuals or investors calculating rental yields. These figures suggest a market where both owning and renting are viable, depending on your financial goals.

Race & Ethnicity

The demographic makeup of ZIP 37138 offers a glimpse into the community’s diversity. The population is predominantly White at 80.27%, with smaller but notable representation from Black (9.88%), Hispanic (5.55%), and Asian (1.27%) residents. This composition indicates a primarily homogeneous area with pockets of cultural diversity, which could influence community dynamics, business opportunities, and social amenities. For businesses, understanding this mix can help tailor offerings or marketing strategies, while homebuyers might appreciate the blend of perspectives in shaping local culture.

Key Facts

• Total population: 22,539 residents in ZIP 37138 as of 2023.
• Total households: 9,456, indicating a strong residential presence.
• Total housing units: 9,905, suggesting some availability for new occupants.
• Median household income: $87,450, reflecting a financially stable community.
• Median home value: $347,500, a competitive price point for buyers.
• Median rent: $1,427, relevant for renters and rental property investors.
• Racial composition: 80.27% White, 9.88% Black, 5.55% Hispanic, 1.27% Asian.

What This Means for You

For homebuyers, ZIP 37138 offers a promising market with a median home value of $347,500, which aligns well with the area’s median income of $87,450. This suggests that purchasing a home here could be a sound investment, especially if you’re in a stable financial position. The slight surplus of housing units (9,905 total versus 9,456 households) might also mean opportunities to negotiate or find a property that fits your needs.

Real estate investors and agents will note the balance between home values and rental rates ($1,427 median rent), which could support profitable rental properties or flips, particularly if targeting middle-income tenants or buyers. The population size of 22,539 also ensures a steady demand for housing, reducing vacancy risks.

Small-business owners can leverage the community’s income levels and demographic mix to offer products or services that resonate with a primarily White population while also catering to smaller but significant Black and Hispanic segments. The income data suggests disposable income for non-essential spending, which could benefit retail or service-based businesses.

Analysts will find this data useful for benchmarking ZIP 37138 against neighboring areas or broader trends, particularly in terms of housing affordability and demographic shifts over time.

Run This Study Yourself

• Curious about other ZIP codes or deeper insights into ZIP 37138? Start by visiting ZipcodeGPT to access powerful demographic and housing analysis tools.
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