ZIP 37311 - 860Z200US37311 — Demographic Snapshot (2023)

Overview

If you’re considering a move, investment, or business opportunity in ZIP 37311, located in the heart of Tennessee, this demographic and housing snapshot offers a clear picture of the area in 2023. With a population of over 31,000 and a mix of housing options, this ZIP code presents unique opportunities for homebuyers, real estate investors, agents, small-business owners, and analysts. Let’s break down the key metrics—population, income, housing costs, and diversity—to help you make informed decisions about this community.

Population & Households

ZIP 37311 is home to 31,043 residents, making it a moderately sized community with a strong local presence. These individuals are distributed across 11,641 households, reflecting a blend of family units, singles, and retirees. The total number of housing units stands at 12,942, indicating some vacancy or availability for new residents or investors looking to enter the market. This balance of population and housing suggests a stable yet accessible area for those seeking to settle or grow roots.

Income & Housing Costs

The median household income in ZIP 37311 is $46,827, which positions the area as a working-class community with affordable living costs compared to national averages. Housing affordability is further highlighted by a median house value of $205,800, offering a reasonable entry point for first-time buyers or investors seeking value. For renters, the median rent is $890 per month, making it a viable option for those not ready to purchase. These figures point to a market that balances cost with opportunity, appealing to a wide range of budgets.

Race & Ethnicity

The demographic makeup of ZIP 37311 reflects a diverse yet predominantly white community. Approximately 73.79% of residents identify as white, followed by 12.19% Hispanic, 8.79% Black, and 0.31% Asian. This diversity adds cultural richness to the area, which can be a draw for businesses catering to varied customer bases or families seeking an inclusive environment. Understanding this composition helps stakeholders anticipate community needs and preferences, whether for housing styles, retail offerings, or community services.

Key Facts

• Total population: 31,043 residents in ZIP 37311 as of 2023.
• Total households: 11,641, supporting a mix of family and individual living arrangements.
• Total housing units: 12,942, with some availability for new occupants or investment properties.
• Median household income: $46,827, reflecting a working-class economic base.
• Median house value: $205,800, an accessible price point for many buyers.
• Median rent: $890, offering affordable options for renters.
• Racial composition: 73.79% white, 12.19% Hispanic, 8.79% Black, 0.31% Asian, showcasing moderate diversity.

What This Means for You

For homebuyers, ZIP 37311 offers a promising mix of affordability and community size. With median home values at $205,800 and reasonable rents at $890, you can find a place to call home without stretching your budget. The population size ensures access to local amenities while maintaining a small-town feel.

For investors and agents, the gap between total housing units (12,942) and households (11,641) suggests potential for rental properties or flips. The median income of $46,827 indicates a steady tenant base, and the home values provide room for appreciation in a growing market.

For small-business owners, the diverse population of 31,043, with a notable Hispanic and Black presence, opens doors to niche markets. Affordable rents also mean lower overhead for storefronts or offices, while the income levels suggest a customer base with practical spending habits.

For analysts, these metrics provide a foundation for deeper research into housing trends, economic stability, and community growth in ZIP 37311. The data reflects a balanced area with potential for targeted development or investment strategies.

Run This Study Yourself

• Curious about other ZIP codes or want updated data for ZIP 37311? Start by visiting ZipcodeGPT to access powerful demographic tools.
• Input any ZIP code to generate a detailed report tailored to your needs, from population stats to housing insights.
• Use the analysis to inform your next move, whether buying a home, investing, or launching a business in a new area.