ZIP 37601 - 860Z200US37601 — Demographic Snapshot (2023)

Overview

If you’re considering a move, investment, or business opportunity in ZIP 37601, 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 38,000 and a mix of housing options, 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 understand the community, economy, and housing landscape of 37601.

Population & Households

ZIP 37601 is home to 38,622 residents, making it a moderately sized community with a strong local presence. These individuals are distributed across 16,881 households, reflecting a diverse mix of family structures and living arrangements. With 18,153 total housing units in the area, there’s a notable supply of homes, though not all are occupied, suggesting potential availability for newcomers or investors looking to enter the market. This balance of population and housing creates a stable foundation for both residential and commercial growth.

Income & Housing Costs

The median household income in ZIP 37601 stands at $49,658, which provides insight into the economic profile of the area. This figure suggests a working-class to middle-income community, where affordability remains a key factor for many residents. On the housing front, the median home value is $187,000, offering a relatively accessible entry point for homebuyers compared to national averages in many urban markets. For renters, the median rent is $892 per month, which aligns with the income levels and indicates a rental market that could appeal to those not yet ready to buy. These numbers highlight 37601 as a potentially budget-friendly option for families and individuals alike.

Race & Ethnicity

The demographic makeup of ZIP 37601 reflects a predominantly white population at 82.33%, with smaller but significant representation from other groups. Black residents account for 6.18% of the population, while Asian residents make up 1.66%. Additionally, 4.93% of the population identifies as Hispanic. This composition points to a community with a majority demographic but enough diversity to foster a varied cultural landscape, which could be appealing for businesses catering to different customer bases or families seeking an inclusive environment.

Key Facts

• Total population: 38,622 residents in ZIP 37601 as of 2023.
• Total households: 16,881, indicating a mix of family and individual living arrangements.
• Total housing units: 18,153, with some unoccupied units potentially available for purchase or rent.
• Median household income: $49,658, reflecting a middle-income community.
• Median home value: $187,000, suggesting affordability for prospective buyers.
• Median rent: $892 per month, offering a reasonable option for renters.
• Racial composition: 82.33% white, 6.18% black, 1.66% Asian, and 4.93% Hispanic.

What This Means for You

For homebuyers, ZIP 37601 offers a compelling mix of affordability and availability. With a median home value of $187,000 and a range of housing units, this area could be ideal for first-time buyers or those looking to downsize without breaking the bank. The moderate median rent of $892 also means renting is a viable option while you explore long-term plans.

For investors and real estate agents, the presence of over 18,000 housing units, combined with a population of nearly 39,000, signals a market with steady demand. The gap between total units and occupied households suggests opportunities for rental properties or fixer-uppers, especially given the accessible median home price.

For small-business owners, the demographic diversity and income levels in 37601 indicate a customer base with varied needs but a focus on value. Establishing a business here could tap into a community eager for affordable goods and services, particularly in sectors like retail, dining, or local trades.

For analysts, these metrics provide a baseline for deeper research into economic trends, housing turnover, or population shifts in the region. The data paints a picture of stability with room for growth, making 37601 a ZIP code worth monitoring.

Run This Study Yourself

• Curious about other areas or want to dive deeper into ZIP 37601? Start by visiting ZipcodeGPT for a user-friendly platform to explore demographic data.
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