ZIP 37814 - 860Z200US37814 — Demographic Snapshot (2023)

Overview

If you’re considering ZIP code 37814 for your next home, investment, or business venture, understanding the local demographics and housing landscape is essential. Located in Morristown, Tennessee, this area offers a mix of suburban charm and economic opportunity. With a population of over 34,000 and a diverse community, ZIP 37814 presents unique advantages for homebuyers, real estate investors, small-business owners, and analysts. This snapshot, based on 2023 data, breaks down key metrics to help you make informed decisions about living, investing, or operating in this region.

Population & Households

ZIP 37814 is home to a population of 34,842 residents, making it a moderately sized community with a strong local presence. These individuals are distributed across 14,064 households, reflecting a blend of family units, singles, and retirees. The total number of housing units stands at 15,287, 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

The median household income in ZIP 37814 is $51,083, which provides a solid economic foundation for many residents. This income level suggests a community with moderate purchasing power, appealing to small businesses targeting middle-income consumers. On the housing front, the median home value is $192,200—a figure that positions this area as relatively affordable compared to national averages. For renters, the median monthly rent is $859, offering a cost-effective alternative to homeownership. These metrics highlight ZIP 37814 as a balanced market for both buying and renting, catering to a range of budgets and preferences.

Race & Ethnicity

The demographic makeup of ZIP 37814 reflects a diverse yet predominantly white community. Approximately 74.35% of residents identify as white, while 15.67% identify as Hispanic, making it the second-largest ethnic group in the area. Black residents account for 3.53% of the population, and Asian residents make up 1.18%. This diversity can be a draw for businesses and investors seeking to serve a varied customer base or for families looking for an inclusive community to call home.

Key Facts

• Total population: 34,842 residents, offering a sizable local market.
• Total households: 14,064, indicating a strong base of family and individual units.
• Total housing units: 15,287, suggesting potential availability for new occupants or investors.
• Median household income: $51,083, reflecting moderate economic stability.
• Median home value: $192,200, an accessible entry point for many buyers.
• Median rent: $859 per month, appealing to cost-conscious renters.
• Racial composition: 74.35% white, 15.67% Hispanic, 3.53% Black, 1.18% Asian, showcasing diversity.

What This Means for You

For homebuyers, ZIP 37814 offers an affordable housing market with a median home value of $192,200, making it a realistic option for first-time buyers or those relocating on a budget. The slight surplus of housing units (15,287 total versus 14,064 households) may also mean less competition in certain price brackets. Real estate investors and agents can capitalize on this gap, targeting both buyers and renters, with median rents at $859 providing a steady income stream for rental properties. Small-business owners will find a diverse population of 34,842 and a median income of $51,083, suggesting a customer base with disposable income for local goods and services—especially in sectors like retail, dining, or personal services. Analysts can use these metrics to benchmark ZIP 37814 against neighboring areas, identifying trends in housing demand or demographic shifts. Whether you’re settling down, investing, or launching a venture, this area offers a stable and promising foundation.

Run This Study Yourself

• Curious about other ZIP codes or want to dive deeper into ZIP 37814? Start by visiting ZipcodeGPT for a user-friendly platform to explore demographic and housing data.
• Enter any ZIP code to access up-to-date insights on population, income, housing costs, and more, tailored to your needs.
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