Interested in purchasing investment houses in the 37408 zip code in Chattanooga, TN?
The zip code 37408 is in Hamilton county with a latitude of -85.308490000000 and longitude of 35.028680000000, is in the state of Tennessee. The average asking price of houses and condos is $301,143.00 and the average sale price was $141,429.00. this regions is classified as the Chattanooga metro area and is in the 423 area code. The location in degrees is 35° 1' 43.248" N, 85° 18' 30.564" W. The county F.I.P.S. is 47065. The total land area is 1.9 square miles and the water area is 0.0 square miles. The elevation in this area is 679 - 689 feet. The zip code is on eastern standard time and observes daylight savings time.
The zip 37408 is in county number 065 and is L. Sector 10, L. Segment , H. Sector , and H. Segment . The population was 1,740 in 2019 and 1,486 in 2010. This further breaks down to 780 males (44.8%) and 960 females (55.2%). The median age of residents is 34.3 years. The population of the greater Chattanooga, TN-GA area is 527,743. The population density (people per square mile) is 908. This zip code has a combined total of 1,045 houses and condos. There are 578 rented appartments. 65% of residents rent versus the 65% 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 $60,499 and the average salary is $45,521. The median household income of individuals is $13,472.00 and the average is $91,560.00. This zip code has a mean commute time to work of 16.0 minutes. The unemployment rate is 2.0%. Income earners by percent breakdown as 91.90% (Under $50,000), 5.70% ($50,000-$100,000), and 2.30% earn over $100,000. 18.7% of residents live below poverty line versus the 13.9% in the state that are below this line. The cost of living index is 90.1. The educational breakdown is 91.9% have a high school education or higher, 56.9% have a bachelor's degree or higher, and 22.4% have some kind of profesional degree.
This area has 665 households and the average size is 1.9 people. Individuals who are single and have never been married are 38.8%, 39.3% are now married, 5.8% are separated, 4.3% are widowed, and 11.8% are divorced. The average yearly contribution amount given by people to charity was $4,693 versus the state average of $6,709. The percent of residents who gave to charity was 18.5%.
The estimated median value of houses and condos is $319,893. The median monthly owner costs of mortgage holders was $1,830, where as the costs for those who don't have a mortgage are $477. The median number of rooms in houses and condos are 5.3 versus apartments which had a median number of 3.1.
The real estate tax percent rate is 0.8% which equated to an average real estate tax amount payment of $2,425. 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 0.8% which amounted to an average tax amount of $2,593. Conversely, the median housing property tax percent for residents who don't have mortgages was 0.7% which amounted to an average tax amount of $2,226. Reported taxable interest for persons was $1,788, dividends $3,900, capital gains +$31,022, and itemized deductions $19,837. The average earned income tax credit is $2,115. The percent of individuals that use a tax preparer is 48.1%. The total average income taxes paid by individuals was $5,061. Businesses reported an average profit of $18,062.
Boccaccia
3077 Broad St, Chattanooga, TN 37408
Alleia
25 E Main St, Chattanooga, TN 37408
Han-Mi
3103 Broad St, Chattanooga, TN 37408
Sweeney's Pit Bar-B-Que & Catering
3147 Broad St, Chattanooga, TN 37408
Trailhead Juice
3221 Broad St Next Door To Crust Pizza, Chattanooga, TN 37408
Bluegrass Grill
55 E Main St, Chattanooga, TN 37408
The Terminal Brew House
6 E 14th St, Chattanooga, TN 37408
Mike's Smokehouse
3147 Broad St, Chattanooga, TN 37408
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