Get & compare mortgage quotes anonymously Start in My Home

Safe Rate Local

ZIP Code 38240, TN

Comprehensive demographics, housing data, local amenities, and economic statistics for ZIP Code 38240.

← Back to ZIP Code 38240 Hub

Community Insights

Affordable Market
$119k median home
lower cost than 88% of the country
Leading Industries
Retail · Finance & Insurance
23% retail
Home Value Growth⬆⬆⬆
+52.8% over 2 years
Retirees
24% of residents
slightly above average
Homeowners
76% of occupied units

People & Demographics

Total Population2,559
Households
Under 18
18.0%
Age 18–34
24.0%
Age 35–64
34.0%
Age 65+
24.0%
Veterans
7.0%
Active Duty
0.0%

Housing & Living

Median Home Value$119,382
Median Gross Rent$807/mo
Owner Occupied
75.7%
Renter Occupied
24.3%
Detached Homes
Built Pre-1940

Economy & Income

Median Household Income$50,581
Poverty Rate

Key Industries

Healthcare4.0%
Professional Services0.0%
Manufacturing0.0%
Retail23.0%
Education0.0%

Amenities & Transit

Transit Score
Walkability / Amenities
Commute < 15m
Commute 60m+

Education

High School Grad
Bachelor's Degree
10.0%
Master's or Higher
4.0%
School Enrollment

Frequently Asked Questions

What is the population and demographic makeup of ZIP code 38240?

The total population of ZIP code 38240 is approximately 2,559. The largest age group is 35-64 year olds. This demographic data is sourced from the U.S. Census Bureau.

Do more people rent or own homes in ZIP code 38240?

The housing market in ZIP code 38240 is predominantly driven by homeowners, with 76% of housing units being owner-occupied and 24% being renter-occupied.

What is the education level of residents in ZIP code 38240?

In ZIP code 38240, approximately 10% of adult residents hold a bachelor's degree or higher. Additionally, 4% of the population holds a master's degree or higher. This indicates the local educational attainment compared to state and national averages.