Interested in purchasing investment houses in the 37848 zip code in Powder Springs, TN?
The zip code 37848 is in both Grainger and Union counties with a latitude of -83.680100000000 and longitude of 36.235720000000, is in the state of Tennessee. The average asking price of houses and condos is $160,000.00 and the average sale price was $10,000.00. this regions is classified as the Knoxville metro area and is in the 865 area code. The location in degrees is 36° 14' 8.592" N, 83° 40' 48.36" W. The county F.I.P.S. is 47057. The total land area is 6.8 square miles and the water area is 0.0 square miles. The elevation in this area is 1329 - 1398 feet. The zip code is on eastern standard time and observes daylight savings time.
The zip 37848 is in county number 057 and is L. Sector 97, L. Segment 01, H. Sector 01, and H. Segment 01. The population was 138 in 2019 and 246 in 2010. This further breaks down to 82 males (59.8%) and 55 females (40.2%). The median age of residents is 50.9 years. The population of the greater Morristown, TN area is 138,712. The population density (people per square mile) is 20. This zip code has a combined total of 158 houses and condos. There are 13 rented appartments. 17% of residents rent versus the 17% 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 $31,208 and the average salary is $32,940. The median household income of individuals is $23,377.00 and the average is $35,540.00. This zip code has a mean commute time to work of 63.5 minutes. The unemployment rate is 10.9%. Income earners by percent breakdown as 76.60% (Under $50,000), 16.00% ($50,000-$100,000), and 7.40% earn over $100,000. 10.7% of residents live below poverty line versus the 13.9% in the state that are below this line. The cost of living index is 77.8. The educational breakdown is 83.7% have a high school education or higher, 13.5% have a bachelor's degree or higher, and 0.0% have some kind of profesional degree.
This area has 112 households and the average size is 1.8 people. Individuals who are single and have never been married are 23.0%, 60.0% are now married, 0.0% are separated, 9.6% are widowed, and 7.4% are divorced.
The estimated median value of houses and condos is $118,283. The median number of rooms in houses and condos are 6.2.
The real estate tax percent rate is 0.2% which equated to an average real estate tax amount payment of $275. 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. Reported taxable interest for persons was $233 and itemized deductions $11,250. The average earned income tax credit is $2,633. The percent of individuals that use a tax preparer is 69.2%. Businesses reported an average profit of $18,000.
The Blue Store
505 Clinch Valley Rd, Powder Springs, TN 37848
Rondo's Pizzeria & Grill
578 Tazewell Pike, Luttrell, TN 37779 (5.1 miles away)
El Paisaje Mexican Grill
142 Webster Dr, Blaine, TN 37709 (5.4 miles away)
Julia's S & L Market
585 Dutch Valley Rd, Washburn, TN 37888 (7.1 miles away)
Little Joes BBQ
2805 Maynardville Hwy, Maynardville, TN 37807 (8.9 miles away)
Gino's Italian Restaurant
8234 Rutledge Pike, Rutledge, TN 37861 (9.4 miles away)
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