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ZIP Code 37204

Learn about the people, housing, costs and businesses in 37204

Median Home$862,455
Median Rent$1,812/month
Population15,502
Leading IndustriesArts, Food & Hospitality · Education · Healthcare16% arts, food & hospitality
Home Value Growth⬆⬆⬆+23.2% over 2 years
Young Adults51% of residentstop 3% nationally
Homeowners55% of occupied units
NotableHighly Educated43% bachelor's · 19% graduate · top 1% nationally
NotableHigh Incomes$122k/year · top 9% nationally
ZIP Code
37204

Frequently Asked Questions

What are today's mortgage rates in ZIP code 37204?

As of today, the 30-year fixed mortgage rate for ZIP code 37204 is approximately 6.562% (6.571% 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 37204
What is the median home price in ZIP code 37204?

The median home value in ZIP code 37204 is $862k. The median monthly rent is $1,812. Annual property taxes average $5k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in ZIP code 37204?

Home values in ZIP code 37204 have increased 23.2% over the past two years. This indicates a strong appreciation trend. 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 37204?

Based on a typical all-in ownership cost of $2,030/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $87k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in ZIP code 37204 is $122k/year.

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What industries drive the economy in ZIP code 37204?

The largest employment sectors in ZIP code 37204 are public administration (30%) and healthcare (19%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.

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