ZIP 37204 - 860Z200US37204 — Demographic Snapshot (2023)

Overview

If you’re considering a move, investment, or business opportunity in ZIP 37204, located in the heart of Nashville, Tennessee, this demographic and housing snapshot offers a clear picture of the area in 2023. With a population of over 17,000 and a robust housing market, this ZIP code presents unique opportunities and challenges for homebuyers, real estate investors, small-business owners, and analysts. Drawing from the latest data, we’ll break down key metrics to help you make informed decisions about living, investing, or operating in 37204.

Population & Households

ZIP 37204 is home to 17,004 residents, making it a moderately sized community within the Nashville metro area. These individuals are distributed across 7,404 households, reflecting a mix of family units, singles, and shared living arrangements. The total number of housing units stands at 8,095, indicating a slight surplus of available properties compared to occupied households. This gap could signal opportunities for buyers or investors looking to enter the market, as well as potential rental demand for landlords.

Income & Housing Costs

Financially, ZIP 37204 stands out with a median household income of $109,341, which is notably higher than many surrounding areas. This suggests a relatively affluent community with strong purchasing power—an attractive factor for businesses targeting mid-to-high-income consumers. On the housing front, the median home value is $832,000, reflecting a premium market where properties command significant investment. For renters, the median rent is $1,703 per month, aligning with the area’s upscale profile. These figures underscore the need for careful financial planning if you’re considering buying or renting in 37204.

Race & Ethnicity

The demographic makeup of ZIP 37204 is predominantly White, with 78.75% of residents identifying as such. Black or African American residents account for 10.12% of the population, while Asian residents make up 4.82%. Additionally, 3.68% of the population identifies as Hispanic or Latino. This composition reflects a community with a majority White population but with meaningful diversity that could influence cultural amenities, local businesses, and community dynamics. For business owners or investors, understanding this mix can help tailor offerings or marketing strategies to resonate with the area’s residents.

Key Facts

• Total population in ZIP 37204: 17,004 residents.
• Total households: 7,404, with an average household size implied by population distribution.
• Total housing units: 8,095, suggesting some vacancy or availability.
• Median household income: $109,341, indicating strong economic capacity.
• Median home value: $832,000, positioning 37204 as a high-value market.
• Median rent: $1,703, reflecting a competitive rental landscape.
• Racial composition: 78.75% White, 10.12% Black, 4.82% Asian, 3.68% Hispanic.

What This Means for You

For homebuyers, ZIP 37204 offers a prestigious address with high property values, ideal if you’re seeking a long-term investment or a community with strong economic indicators. However, the $832,000 median home price means you’ll need substantial capital or financing to enter this market. Real estate investors and agents can capitalize on the slight surplus of housing units (8,095 total vs. 7,404 households), which may indicate room for rental properties or flips, especially given the high median rent of $1,703. Be mindful of the competitive pricing, though—properties here aren’t cheap to acquire.

For small-business owners, the high median income of $109,341 suggests residents have disposable income for premium goods and services. Consider targeting niches like boutique retail, upscale dining, or professional services that align with the community’s financial profile. Finally, analysts can use this data to benchmark 37204 against other Nashville ZIP codes, focusing on income disparities, housing trends, or demographic shifts to inform broader market studies or client recommendations.

Run This Study Yourself

• Curious about other ZIP codes or want to dive deeper into 37204? 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 make data-driven decisions, whether you’re buying a home, investing, or planning a business venture.