Interested in purchasing investment houses in the 37416 zip code in Chattanooga, TN?
The zip code 37416 is in Hamilton county with a latitude of -85.176610000000 and longitude of 35.104440000000, is in the state of Tennessee. The average asking price of houses and condos is $213,079.00 and the average sale price was $123,992.00. this regions is classified as the Chattanooga metro area and is in the 423 area code. The location in degrees is 35° 6' 15.984" N, 85° 10' 35.796" W. The county F.I.P.S. is 47065. This zip code contains two cities including Chattanooga, TN (65.00%), and Harrison, TN (35.00%) The total land area is 11.4 square miles and the water area is 3.0 square miles. The elevation in this area is 742 - 778 feet. The zip code is on eastern standard time and observes daylight savings time.
The zip 37416 is in county number 065 and is L. Sector 00, L. Segment 01, H. Sector 20, and H. Segment 20. The population was 15,405 in 2019 and 14,486 in 2010. This further breaks down to 7,220 males (46.9%) and 8,185 females (53.1%). The median age of residents is 43.7 years. The population of the greater Chattanooga, TN-GA area is 527,743. The population density (people per square mile) is 1,356. This zip code has a combined total of 6,777 houses and condos. There are 2,506 rented appartments. 38% of residents rent versus the 38% 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 $46,529 and the average salary is $38,364. The median household income of individuals is $53,304.00 and the average is $53,790.00. This zip code has a mean commute time to work of 23.8 minutes. The unemployment rate is 4.0%. Income earners by percent breakdown as 45.00% (Under $50,000), 40.00% ($50,000-$100,000), and 14.90% earn over $100,000. 7.0% of residents live below poverty line versus the 13.9% in the state that are below this line. The cost of living index is 88.5. The educational breakdown is 90.7% have a high school education or higher, 20.8% have a bachelor's degree or higher, and 7.3% have some kind of profesional degree.
This area has 6,172 households and the average size is 2.3 people. Individuals who are single and have never been married are 31.3%, 44.7% are now married, 1.3% are separated, 8.6% are widowed, and 14.0% are divorced. The average yearly contribution amount given by people to charity was $5,793 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 $154,805. The median monthly owner costs of mortgage holders was $1,087, where as the costs for those who don't have a mortgage are $398. The median number of rooms in houses and condos are 6.4 versus apartments which had a median number of 4.7.
The real estate tax percent rate is 0.9% which equated to an average real estate tax amount payment of $1,417. 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 0.9% which amounted to an average tax amount of $1,352. 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 $1,521. Reported taxable interest for persons was $1,414, dividends $4,932, capital gains +$12,504, and itemized deductions $19,745. The average earned income tax credit is $2,298. The percent of individuals that use a tax preparer is 47.1%. The total average income taxes paid by individuals was $4,737. Businesses reported an average profit of $10,308.
Hibachi Express and Juice Bar
4511 Highway 58, Chattanooga, TN 37416
Grill Smoke BBQ
4850 Highway 58, Chattanooga, TN 37416
Forker's BBQ
4767 Highway 58, Chattanooga, TN 37416
Haven's Diner
4819 Highway 58, Chattanooga, TN 37416
Speedy Cafe
4355 Highway 58, Chattanooga, TN 37416
Cheese Dip Mexican Grille
6312 Bonny Oaks Dr, Chattanooga, TN 37416
O'hana Hibachi & Seafood
4762 Highway 58, Chattanooga, TN 37416
Highway 58 BBQ
4921 Highway 58, Chattanooga, TN 37416
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