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, TN

ZIP 38588 — 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 38588

Median Home Value
$169,800
Median Rent
$456
Affordability Snapshot
$47,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$1,091/mo PITI).

13%
Rent-to-Income Ratio

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

4.1x
Home Price-to-Income Ratio

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

31.0 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 38588 in TN, a household would need roughly $47,000 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 $1,091. That is roughly in line with the local median household income ($41,220). Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Vacancy rate 29% — check local market conditions.

Heating Fuel
Housing Metrics
Owner Occupied
76.8%+18% vs US avg
x
Vacancy Rate
28.5%+177% vs US avg
x
Broadband Access
72.1%-17% vs US avg
x
4+ Bedrooms
1.0%-93% vs US avg
x
Built Pre-1939
7.3%-43% vs US avg
x
Built Post-2014
0.0%
x
Rent Burden >30%
0.0%
x
Mortgage-Free
75.8%+98% vs US avg
x
$169,800
Home Value
$456
Rent
1986
Year Built
2008
Moved In

Residents have lived here since ~2008 on average

Housing Structure

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

  • 1-unit detached78.2%
  • 1-unit attached0.0%
  • 2-9 units0.0%
  • 10+ units1.5%
  • Mobile home & other20.3%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$169,800
Median rent$456
Owner-occupied76.8%
Vacant28.5%
Price-to-income4.1x
Est. income to buy$47,000