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ZIP Code 37115

Learn about the people, housing, costs and businesses in 37115

Median Home$287,542
Median Rent$1,306/month
Population36,912
Leading IndustriesWholesale Trade · Professional Services · Education14% wholesale trade
Home Value Growth+9.0% over 2 years
Young Adults31% of residentsabove average nationally
Renters56% of occupied units
ZIP Code
37115

Frequently Asked Questions

What are today's mortgage rates in ZIP code 37115?

As of today, the 30-year fixed mortgage rate for ZIP code 37115 is approximately 6.940% (6.978% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

View current rates for ZIP code 37115
What is the median home price in ZIP code 37115?

The median home value in ZIP code 37115 is $288k. The median monthly rent is $1,306. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in ZIP code 37115?

Home values in ZIP code 37115 have increased 9.0% over the past two years. This represents moderate growth. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in ZIP code 37115?

Based on a typical all-in ownership cost of $1,278/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $55k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in ZIP code 37115 is $55k/year.

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What industries drive the economy in ZIP code 37115?

The largest employment sectors in ZIP code 37115 are public administration (18%) and wholesale trade (14%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.

Nearby Areas

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