Interested in purchasing investment houses in the 37403 zip code in Chattanooga, TN?
The zip code 37403 is in Hamilton county with a latitude of -85.294520000000 and longitude of 35.047740000000, is in the state of Tennessee. The average asking price of houses and condos is $346,243.00 and the average sale price was $196,333.00. this regions is classified as the Chattanooga metro area and is in the 423 area code. The location in degrees is 35° 2' 51.864" N, 85° 17' 40.272" W. The county F.I.P.S. is 47065. The total land area is 1.7 square miles and the water area is 0.1 square miles. The elevation in this area is 732 - 748 feet. The zip code is on eastern standard time and observes daylight savings time.
The zip 37403 is in county number 065 and is L. Sector 10, L. Segment 00, H. Sector 00, and H. Segment 00. The population was 7,551 in 2019 and 5,811 in 2010. This further breaks down to 3,239 males (42.9%) and 4,312 females (57.1%). The median age of residents is 20.9 years. The population of the greater Chattanooga, TN-GA area is 527,743. The population density (people per square mile) is 4,410. This zip code has a combined total of 1,885 houses and condos. There are 1,082 rented appartments. 70% of residents rent versus the 70% 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 $75,865 and the average salary is $48,145. The median household income of individuals is $20,527.00 and the average is $72,450.00. This zip code has a mean commute time to work of 13.9 minutes. The unemployment rate is 5.5%. Income earners by percent breakdown as 78.80% (Under $50,000), 16.60% ($50,000-$100,000), and 4.70% earn over $100,000. 32.5% of residents live below poverty line versus the 13.9% in the state that are below this line. The cost of living index is 95.8. The educational breakdown is 93.4% have a high school education or higher, 48.6% have a bachelor's degree or higher, and 15.5% have some kind of profesional degree.
This area has 1,362 households and the average size is 1.9 people. Individuals who are single and have never been married are 81.2%, 11.0% are now married, 0.6% are separated, 1.5% are widowed, and 5.7% are divorced. The average yearly contribution amount given by people to charity was $8,558 versus the state average of $6,709. The percent of residents who gave to charity was 17.0%.
The estimated median value of houses and condos is $374,517. The median monthly owner costs of mortgage holders was $2,049, where as the costs for those who don't have a mortgage are $767. The median number of rooms in houses and condos are 6.7 versus apartments which had a median number of 3.6.
The real estate tax percent rate is 1.0% which equated to an average real estate tax amount payment of $3,816. 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 1.0% which amounted to an average tax amount of $3,586. Conversely, the median housing property tax percent for residents who don't have mortgages was 1.1% which amounted to an average tax amount of $4,818. Reported taxable interest for persons was $2,558, dividends $12,619, capital gains +$103,924, and itemized deductions $30,375. The average earned income tax credit is $1,859. The percent of individuals that use a tax preparer is 40.2%. The total average income taxes paid by individuals was $8,961. Businesses reported an average profit of $23,244.
Tony's Pasta Shop & Trattoria
212 High St, Chattanooga, TN 37403
Sticky Fingers Smokehouse Chattanooga
420 Broad St, Chattanooga, TN 37402 (1.1 miles away)
Boccaccia
3077 Broad St, Chattanooga, TN 37408 (1.2 miles away)
King Smokehouse BBQ On Main
1800 E Main St, Chattanooga, TN 37404 (1.7 miles away)
Sushi Nabe xe2x80x93 Japanese Restaurant
110 River St, Chattanooga, TN 37405 (2.3 miles away)
Boathouse Rotisserie & Raw Bar
1459 Riverside Dr, Chattanooga, TN 37406 (3 miles away)