Interested in purchasing investment houses in the 37220 zip code in Nashville, TN?
The zip code 37220 is in Davidson county with a latitude of -86.780880000000 and longitude of 36.067290000000, is in the state of Tennessee. The average asking price of houses and condos is $738,303.00 and the average sale price was $410,054.00. this regions is classified as the Nashville metro area and consists of the following area codes: 615 and 629. The location in degrees is 36° 4' 2.244" N, 86° 46' 51.168" W. The county F.I.P.S. is 47037. This zip code contains two cities including Oak Hill, TN (70.48%), and Nashville-Davidson, TN (29.52%) The total land area is 7.4 square miles and the water area is 0.1 square miles. The elevation in this area is 607 - 705 feet. The zip code is on central standard time and observes daylight savings time.
The zip 37220 is in county number 307 and is L. Sector 10, L. Segment 53, H. Sector 53, and H. Segment 53. The population was 5,944 in 2019 and 5,786 in 2010. Of this, the break down in 2019 was 4,908 urban and 1,035 rural. This further breaks down to 3,025 males (50.9%) and 2,918 females (49.1%). The median age of residents is 45.0 years. The population of the greater Nashville-Davidson--Murfreesboro, TN area is 1,608,074. The population density (people per square mile) is 798. This zip code has a combined total of 2,626 houses and condos. There are 212 rented appartments. 9% of residents rent versus the 9% of residents in the state who rent.
The financial status of those living in this area is considered middle class. The average individual gross adjusted income is $149,846 and the average salary is $115,500. The median household income of individuals is $83,602.00 and the average is $205,040.00. This zip code has a mean commute time to work of 24.0 minutes. The unemployment rate is 0.8%. Income earners by percent breakdown as 21.80% (Under $50,000), 37.20% ($50,000-$100,000), and 41.10% earn over $100,000. 2.3% of residents live below poverty line versus the 13.9% in the state that are below this line. The cost of living index is 93.0. The educational breakdown is 101.4% have a high school education or higher, 71.6% have a bachelor's degree or higher, and 27.4% have some kind of profesional degree.
This area has 2,393 households and the average size is 2.5 people. Individuals who are single and have never been married are 15.7%, 74.2% are now married, 0.3% are separated, 3.6% are widowed, and 6.1% are divorced. The average yearly contribution amount given by people to charity was $11,405 versus the state average of $6,709. The percent of residents who gave to charity was 48.5%.
The estimated median value of houses and condos is $525,562. The median monthly owner costs of mortgage holders was $2,393, where as the costs for those who don't have a mortgage are $718. The median number of rooms in houses and condos are 7.9 versus apartments which had a median number of 5.5.
The real estate tax percent rate is 0.7% which equated to an average real estate tax amount payment of $3,928. In comparision, the average real estate tax percent rate in the state is 0.6% which equated to an average real estate tax amount payment in the state of $1,220. The median housing property tax percent for residents with mortgages was 0.7% which amounted to an average tax amount of $3,884. Conversely, the median housing property tax percent for residents who don't have mortgages was 0.8% which amounted to an average tax amount of $4,021. Reported taxable interest for persons was $3,302, dividends $15,633, capital gains +$38,054, and itemized deductions $32,305. The average earned income tax credit is $1,280. The percent of individuals that use a tax preparer is 54.0%. The total average income taxes paid by individuals was $8,502. Businesses reported an average profit of $40,096.
Bar-B-Cutie Smokehouse
Nashville, TN 37211 (2.6 miles away)
The Yellow Porch
734 Thompson Ln, Nashville, TN 37204 (3 miles away)
The Cheesecake Factory
2133 Green Hills Village Dr, Nashville, TN 37215 (3.8 miles away)
Outback Steakhouse
8005 Moores Ln, Brentwood, TN 37027 (4.2 miles away)
Jimmy Kelly's
217 Louise Ave, Nashville, TN 37203 (6.1 miles away)
Red Lobster
5259 Hickory Hollow Pkwy, Antioch, TN 37013 (6.2 miles away)
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