Interested in purchasing investment houses in the 37375 zip code in Sewanee, TN?
The zip code 37375 is in both Franklin and Marion counties with a latitude of -85.891820000000 and longitude of 35.154290000000, is in the state of Tennessee. The average asking price of houses and condos is $250,581.00 and the average sale price was $135,526.00. this regions is classified as the Nashville metro area and is in the 931 area code. The location in degrees is 35° 9' 15.444" N, 85° 53' 30.552" W. The county F.I.P.S. is 47051. This zip code contains two cities including Sewanee, TN (5.92%), and Monteagle, TN (2.36%) The total land area is 65.6 square miles and the water area is 0.3 square miles. The elevation in this area is 1201 - 1890 feet. The zip code is on central standard time and observes daylight savings time.
The zip 37375 is in county number 115 and is L. Sector 96, L. Segment 00, H. Sector 00, and H. Segment 00. The population was 4,144 in 2019 and 3,711 in 2010. This further breaks down to 1,903 males (45.9%) and 2,241 females (54.1%). The median age of residents is 23.6 years. The population of the greater Tullahoma, TN area is 101,428. The population density (people per square mile) is 63. This zip code has a combined total of 1,454 houses and condos. There are 237 rented appartments. 21% of residents rent versus the 21% 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 $63,770 and the average salary is $49,335. The median household income of individuals is $55,355.00 and the average is $85,630.00. This zip code has a mean commute time to work of 19.1 minutes. The unemployment rate is 1.1%. Income earners by percent breakdown as 45.20% (Under $50,000), 30.30% ($50,000-$100,000), and 24.50% earn over $100,000. 8.5% of residents live below poverty line versus the 13.9% in the state that are below this line. The cost of living index is 81.3. The educational breakdown is 93.5% have a high school education or higher, 60.8% have a bachelor's degree or higher, and 39.4% have some kind of profesional degree.
This area has 1,004 households and the average size is 2.2 people. Individuals who are single and have never been married are 55.2%, 34.0% are now married, 0.2% are separated, 3.9% are widowed, and 6.7% are divorced. The average yearly contribution amount given by people to charity was $8,356 versus the state average of $6,709. The percent of residents who gave to charity was 25.2%.
The estimated median value of houses and condos is $241,385. The median monthly owner costs of mortgage holders was $1,497, where as the costs for those who don't have a mortgage are $500. The median number of rooms in houses and condos are 6.7 versus apartments which had a median number of 4.7.
The real estate tax percent rate is 0.5% which equated to an average real estate tax amount payment of $1,234. 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 $1,248. Conversely, the median housing property tax percent for residents who don't have mortgages was 0.9% which amounted to an average tax amount of $1,226. Reported taxable interest for persons was $1,304, dividends $9,491, capital gains +$10,826, and itemized deductions $24,457. The average earned income tax credit is $2,131. The percent of individuals that use a tax preparer is 55.1%. The total average income taxes paid by individuals was $4,993. Businesses reported an average profit of $13,022.
La Bella Pearl
15344 Sewanee Hwy, Sewanee, TN 37375
Shenanigans
12595 Sollace M Freeman Hwy, Sewanee, TN 37375
Sewanee Market
28 Lake Odonnell Rd, Sewanee, TN 37375
Julia's
24 University Ave, Sewanee, TN 37375
Natural Bridge Events
44 Natural Bridge Rd, Sewanee, TN 37375
Blue Chair
41 University Ave, Sewanee, TN 37375
Stirling's Coffee House
241 Georgia Ave, Sewanee, TN 37375
When my husband passed away suddenly, I was left with a home I had to sell fast. The experts from We Buy Homes dealt with me professionally, fairly, and honestly. I didn’t have to list my house and I didn’t have to deal with strangers walking through my home. And I didn’t have to pay a realtor! They handled everything and that provided the peace of mind I needed during such a difficult time. I highly recommend them!
