Interested in purchasing investment houses in the 37318 zip code in Cowan, TN?
The zip code 37318 is in Franklin county with a latitude of -85.992660000000 and longitude of 35.177950000000, is in the state of Tennessee. The average asking price of houses and condos is $102,792.00 and the average sale price was $37,880.00. this regions is classified as the Nashville metro area and is in the 931 area code. The location in degrees is 35° 10' 40.62" N, 85° 59' 33.576" W. The county F.I.P.S. is 47051. This zip code contains two cities including Cowan, TN (16.95%), and Winchester, TN (0.03%) The total land area is 12.0 square miles and the water area is 0.0 square miles. The elevation in this area is 1001 - 1814 feet. The zip code is on central standard time and observes daylight savings time.
The zip 37318 is in county number 051 and is L. Sector 00, L. Segment 01, H. Sector 89, and H. Segment 89. The population was 1,552 in 2019 and 1,978 in 2010. Of this, the break down in 2019 was 1,287 urban and 264 rural. This further breaks down to 757 males (48.8%) and 794 females (51.2%). The median age of residents is 46.9 years. The population of the greater Tullahoma, TN area is 101,428. The population density (people per square mile) is 130. This zip code has a combined total of 899 houses and condos. There are 245 rented appartments. 34% of residents rent versus the 34% of residents in the state who rent.
The financial status of those living in this area is considered lower middle class. The average individual gross adjusted income is $35,260 and the average salary is $32,758. The median household income of individuals is $35,201.00 and the average is $40,870.00. This zip code has a mean commute time to work of 19.8 minutes. The unemployment rate is 4.7%. Income earners by percent breakdown as 65.50% (Under $50,000), 27.90% ($50,000-$100,000), and 6.60% earn over $100,000. 22.0% of residents live below poverty line versus the 13.9% in the state that are below this line. The cost of living index is 78.6. The educational breakdown is 73.8% have a high school education or higher, 10.7% have a bachelor's degree or higher, and 2.8% have some kind of profesional degree.
This area has 845 households and the average size is 2.2 people. Individuals who are single and have never been married are 18.6%, 48.4% are now married, 4.0% are separated, 6.9% are widowed, and 22.1% are divorced. The average yearly contribution amount given by people to charity was $3,600 versus the state average of $6,709. The percent of residents who gave to charity was 7.2%.
The estimated median value of houses and condos is $92,993. The median monthly owner costs of mortgage holders was $902, where as the costs for those who don't have a mortgage are $349. The median number of rooms in houses and condos are 5.9 versus apartments which had a median number of 4.4.
The real estate tax percent rate is 0.7% which equated to an average real estate tax amount payment of $690. 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 0.4% which amounted to an average tax amount of $601. 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 $728. Reported taxable interest for persons was $510, dividends $1,567, capital gains +$4,850, and itemized deductions $16,050. The average earned income tax credit is $2,284. The percent of individuals that use a tax preparer is 57.8%. The total average income taxes paid by individuals was $3,275. Businesses reported an average profit of $6,936.
Sweet Ellie's
112 Tennessee Ave S, Cowan, TN 37318
Platters
508 Cumberland St W, Cowan, TN 37318
Fiesta Grill Mexican Restaurant
226 Tennessee Ave S, Cowan, TN 37318
Brown's Poolroom
203 Sycamore St N, Cowan, TN 37318
Chicken Itsa
218 Cumberland St E, Cowan, TN 37318
Sernicola's
108 Cumberland St E, Cowan, TN 37318
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