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ZIP 37847
Housing & Real Estate

Jellico city, TN

ZIP 37847 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Working ClassLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 37847

Median Home Value

$109,300

Median Rent

$454

Affordability Snapshot

$30,000

Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$702/mo PITI).

11%

Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

2.3x

Home Price-to-Income Ratio

Below 3x — relatively affordable housing market.

20.1 yrs

Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 37847 in Jellico city, TN, a household would need roughly $30,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $702. That sits below the local median household income ($48,333), suggesting the typical household income is closer to a workable buy-in level under these assumptions. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Owner-occupied majority; balanced tenure mix.

Heating Fuel

Housing Metrics

Owner Occupied

77.0%+18% vs US avg

Vacancy Rate

5.6%-46% vs US avg

Broadband Access

70.0%-20% vs US avg

4+ Bedrooms

0.2%-99% vs US avg

Built Pre-1939

3.6%-72% vs US avg

Built Post-2014

0.0%

Rent Burden >30%

8.6%-83% vs US avg

Mortgage-Free

68.2%+79% vs US avg

$109,300

Home Value

$454

Rent

1988

Year Built

2010

Moved In

Residents have lived here since ~2010 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

1-unit detached65.0%
1-unit attached2.5%
2-9 units0.0%
10+ units0.0%
Mobile home & other32.6%

Historical Trends in 37847 (2020–Present)

Since 2020, population declined 12.1%, median income fell 19.2% (inflation-adjusted), home values increased 5.5%.

Home Value

$109,300

-69% vs US avg

Median Rent

$454

-61% vs US avg

ZIP 37847 — Housing & Real Estate

Housing & Real Estate in ZIP Code 37847

Historical Trends in 37847 (2020–Present)

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Housing & Real Estate key statistics