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ZIP 38557 — 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 38557

Median Home Value
$220,400
Median Rent
$618
Affordability Snapshot
$61,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$1,416/mo PITI).

18%
Rent-to-Income Ratio

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

5.2x
Home Price-to-Income Ratio

Well above the 3-5x guideline — challenging for first-time buyers.

29.7 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 38557, a household would need roughly $61,000 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 $1,416. That is about 44% above the local median household income ($42,351), so the median earner would likely stretch or need a larger down payment. 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
37.2%-43% vs US avg
x
Vacancy Rate
6.2%-40% vs US avg
x
Broadband Access
82.4%-5% vs US avg
x
4+ Bedrooms
1.4%-91% vs US avg
x
Built Pre-1939
7.3%-43% vs US avg
x
Built Post-2014
3.4%-51% vs US avg
x
Rent Burden >30%
13.8%-72% vs US avg
x
Mortgage-Free
44.6%+17% vs US avg
x
$220,400
Home Value
$618
Rent
1993
Year Built
2019
Moved In

Residents have lived here since ~2019 on average

Housing Structure

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

  • 1-unit detached39.6%
  • 1-unit attached3.7%
  • 2-9 units35.7%
  • 10+ units10.1%
  • Mobile home & other11.0%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$220,400
Median rent$618
Owner-occupied37.2%
Vacant6.2%
Price-to-income5.2x
Est. income to buy$61,000