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ZIP 38402
Housing & Real Estate

ZIP 38402 — Housing & Real Estate

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

Working Class

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 38402

Median Home Value

$210,600

Median Rent

$850

Affordability Snapshot

$58,000

Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$1,353/mo PITI).

18%

Rent-to-Income Ratio

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

3.8x

Home Price-to-Income Ratio

Within the typical 3-5x range for home affordability.

20.6 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 38402, a household would need roughly $58,000 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 $1,353. That is roughly in line with the local median household income ($55,217). Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Diverse housing tenure.

Heating Fuel

Housing Metrics

Owner Occupied

54.7%-16% vs US avg

Vacancy Rate

9.4%-8% vs US avg

Broadband Access

78.7%-10% vs US avg

4+ Bedrooms

0.7%-95% vs US avg

Built Pre-1939

9.4%-26% vs US avg

Built Post-2014

2.8%-60% vs US avg

Rent Burden >30%

29.9%-40% vs US avg

Mortgage-Free

49.8%+30% vs US avg

$210,600

Home Value

$850

Rent

1970

Year Built

2017

Moved In

Residents have lived here since ~2017 on average

Housing Structure

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

1-unit detached63.7%
1-unit attached2.6%
2-9 units27.4%
10+ units5.5%
Mobile home & other0.7%

ZIP 38402 — Housing & Real Estate

Housing & Real Estate in ZIP Code 38402

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