ZIP 37604 - 860Z200US37604 — Demographic Snapshot (2023)

Overview

If you're considering a move, investment, or business opportunity in ZIP 37604, 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 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—population, income, housing costs, and racial composition—to help you make informed decisions about living or working in 37604.

Population & Households

ZIP 37604 is home to a sizable population of 38,359 residents as of 2023. This figure reflects a community large enough to support local businesses and amenities while maintaining a manageable, close-knit feel. The area comprises 17,406 households, indicating a strong base of families and individuals contributing to the local economy. With 19,334 total housing units, there’s a notable inventory of homes, though not all are occupied, suggesting potential availability for new residents or investors looking to enter the market.

Income & Housing Costs

Financial considerations are critical when evaluating any area, and ZIP 37604 offers a median household income of $49,351. This figure positions the area as a moderately affordable place to live, particularly for families or individuals seeking a balance between cost and quality of life. Housing costs further define the market: the median house value stands at $231,900, which may appeal to first-time buyers or investors seeking properties with growth potential. For renters, the median rent is $950 per month, offering a relatively accessible entry point compared to larger urban centers. These numbers suggest that 37604 could be a practical choice for those prioritizing affordability without sacrificing access to a decent standard of living.

Race & Ethnicity

Understanding the cultural makeup of an area can provide valuable context for residents and businesses alike. In ZIP 37604, the population is predominantly White, accounting for 82.91% of residents. Black or African American individuals make up 5.7%, while the Hispanic or Latino population is 6.04%. The Asian community represents 1.07% of the population. This composition reflects a primarily homogeneous area with pockets of diversity, which may influence community dynamics, local businesses, and cultural offerings. For small-business owners or investors, this demographic profile can help tailor services or marketing strategies to the majority while considering the needs of smaller demographic groups.

Key Facts

• Total population in ZIP 37604: 38,359 residents in 2023.
• Total households: 17,406, supporting a robust local community.
• Total housing units: 19,334, with potential availability for new occupants.
• Median household income: $49,351, indicating moderate affordability.
• Median house value: $231,900, attractive for buyers and investors.
• Median rent: $950, offering a competitive rental market.
• Racial composition: 82.91% White, 5.7% Black, 6.04% Hispanic, 1.07% Asian.

What This Means for You

For homebuyers, ZIP 37604 presents a compelling opportunity to purchase a property at a median value of $231,900, which is within reach for many budgets, especially compared to pricier urban markets. The rental market, with a median rent of $950, also makes this area viable for those not ready to buy. Real estate investors and agents will find value in the surplus of housing units (19,334 total) relative to households (17,406), suggesting room for flipping properties or securing rental income. Small-business owners can leverage the sizable population of 38,359 and the area’s demographic makeup to target products or services—think family-oriented offerings or niche markets for minority groups. Analysts can use these metrics as a baseline to track growth trends or compare 37604 to neighboring ZIP codes for deeper market insights. Whatever your goal, these data points provide a solid foundation for planning your next move.

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