Interested in purchasing investment houses in the 37860 zip code in Russellville, TN?
The zip code 37860 is in Hamblen county with a latitude of -83.182530000000 and longitude of 36.253050000000, is in the state of Tennessee. The average asking price of houses and condos is $129,986.00 and the average sale price was $109,806.00. this regions is classified as the Knoxville metro area and is in the 423 area code. The location in degrees is 36° 15' 10.98" N, 83° 10' 57.108" W. The county F.I.P.S. is 47063. The total land area is 25.5 square miles and the water area is 2.0 square miles. The elevation in this area is 1116 - 1378 feet. The zip code is on eastern standard time and observes daylight savings time.
The zip 37860 is in county number 063 and is L. Sector 00, L. Segment 01, H. Sector 69, and H. Segment 69. The population was 4,006 in 2019 and 4,113 in 2010. Of this, the break down in 2019 was 759 urban and 3,246 rural. This further breaks down to 2,059 males (51.4%) and 1,946 females (48.6%). The median age of residents is 45.4 years. The population of the greater Morristown, TN area is 138,712. The population density (people per square mile) is 157. This zip code has a combined total of 1,599 houses and condos. There are 319 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 lower middle class. The average individual gross adjusted income is $41,439 and the average salary is $39,389. The median household income of individuals is $45,168.00 and the average is $49,690.00. This zip code has a mean commute time to work of 25.3 minutes. The unemployment rate is 3.4%. Income earners by percent breakdown as 58.60% (Under $50,000), 32.10% ($50,000-$100,000), and 9.30% earn over $100,000. 6.6% of residents live below poverty line versus the 13.9% in the state that are below this line. The cost of living index is 76.1. The educational breakdown is 80.3% have a high school education or higher, 15.7% have a bachelor's degree or higher, and 7.3% have some kind of profesional degree.
This area has 1,592 households and the average size is 2.6 people. Individuals who are single and have never been married are 25.6%, 54.5% are now married, 0.2% are separated, 10.3% are widowed, and 9.3% are divorced. The average yearly contribution amount given by people to charity was $4,333 versus the state average of $6,709. The percent of residents who gave to charity was 11.4%.
The estimated median value of houses and condos is $151,045. The median monthly owner costs of mortgage holders was $1,038, where as the costs for those who don't have a mortgage are $294. The median number of rooms in houses and condos are 5.8 versus apartments which had a median number of 4.8.
The real estate tax percent rate is 0.5% which equated to an average real estate tax amount payment of $710. 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 0.5% which amounted to an average tax amount of $735. Conversely, the median housing property tax percent for residents who don't have mortgages was 0.5% which amounted to an average tax amount of $684. Reported taxable interest for persons was $739, dividends $1,129, capital gains +$23, and itemized deductions $17,258. The average earned income tax credit is $2,100. The percent of individuals that use a tax preparer is 62.7%. The total average income taxes paid by individuals was $3,006. Businesses reported an average profit of $6,388.
Pizza Plus
5272 E Andrew Johnson Hwy, Russellville, TN 37860
Karl & Kathy's Kountry Kitchen
8027 E Andrew Johnson Hwy, Whitesburg, TN 37891 (2.6 miles away)
LongHorn Steakhouse
2410 E Morris Blvd, Morristown, TN 37813 (6.3 miles away)
Itako Japanese Steak House
3408 W Andrew Johnson Hwy, Morristown, TN 37814 (7.1 miles away)
Green Tomato Grill
802 Old Highway 11 W, Mooresburg, TN 37811 (7.4 miles away)
Farmers Market & Deli
3330 N Mohawk Rd, Mohawk, TN 37810 (7.4 miles away)