Interested in purchasing investment houses in the 38002 zip code in Arlington, TN?
The zip code 38002 is in both Shelby and Fayette counties with a latitude of -89.708410000000 and longitude of 35.286940000000, is in the state of Tennessee. The average asking price of houses and condos is $244,062.00 and the average sale price was $206,628.00. this regions is classified as the Memphis metro area and is in the 901 area code. The location in degrees is 35° 17' 12.984" N, 89° 42' 30.276" W. The county F.I.P.S. is 47157. This zip code contains five cities including Lakeland, TN (20.44%), Arlington, TN (17.22%), Bartlett, TN (4.26%), Memphis, TN (1.02%), and Gallaway, TN (0.89%) The total land area is 116.4 square miles and the water area is 0.5 square miles. The elevation in this area is 266 - 351 feet. The zip code is on central standard time and observes daylight savings time.
The zip 38002 is in county number 015 and is L. Sector 93, L. Segment 74, H. Sector 74, and H. Segment 74. The population was 40,871 in 2019 and 38,927 in 2010. Of this, the break down in 2019 was 20,219 urban and 20,651 rural. This further breaks down to 20,602 males (50.4%) and 20,268 females (49.6%). The median age of residents is 37.8 years. The population of the greater Memphis, TN-MS-AR area is 1,325,833. The population density (people per square mile) is 351. This zip code has a combined total of 13,656 houses and condos. There are 2,005 rented appartments. 15% of residents rent versus the 15% 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 $76,044 and the average salary is $69,531. The median household income of individuals is $72,227.00 and the average is $88,430.00. This zip code has a mean commute time to work of 30.3 minutes. The unemployment rate is 2.8%. Income earners by percent breakdown as 28.50% (Under $50,000), 44.10% ($50,000-$100,000), and 27.30% earn over $100,000. 5.7% of residents live below poverty line versus the 13.9% in the state that are below this line. The cost of living index is 87.8. The educational breakdown is 95.4% have a high school education or higher, 43.7% have a bachelor's degree or higher, and 16.6% have some kind of profesional degree.
This area has 13,079 households and the average size is 3.1 people. Individuals who are single and have never been married are 27.3%, 60.1% are now married, 1.1% are separated, 4.4% are widowed, and 7.1% are divorced. The average yearly contribution amount given by people to charity was $5,917 versus the state average of $6,709. The percent of residents who gave to charity was 42.6%.
The estimated median value of houses and condos is $263,721. The median monthly owner costs of mortgage holders was $1,804, where as the costs for those who don't have a mortgage are $650. The median number of rooms in houses and condos are 7.7 versus apartments which had a median number of 5.9.
The real estate tax percent rate is 1.1% which equated to an average real estate tax amount payment of $2,931. 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 1.1% which amounted to an average tax amount of $2,946. 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 $2,875. Reported taxable interest for persons was $968, dividends $3,256, capital gains +$6,524, and itemized deductions $22,645. The average earned income tax credit is $2,260. The percent of individuals that use a tax preparer is 46.4%. The total average income taxes paid by individuals was $5,481. Businesses reported an average profit of $17,134.
Kyoto Japanese Steakhouse
9775 Us Highway 64, Arlington, TN 38002
Allfra Inc
2221 E Lamar Blvd, Arlington, TN 38002
Emerald Thai Restaurant
8950 Us Highway 64, Arlington, TN 38002
Sakura Japenese
6050 Airline Rd, Arlington, TN 38002
Red Fish
9915 Highway 64, Arlington, TN 38002
Plumpy's BBQ
11875 Highway 70 Ste 103, Arlington, TN 38002
MeVell's BBQ Pit
4935 Airline rd, Arlington, TN 38002
Victory Lane Bbq
3049 Davies Plantation Rd, Lakeland, TN 38002
Sling Shot Charlies
1790 Highway 70, Arlington, TN 38002
The Brunswick Kitchen
5197 Brunswick Rd, Arlington, TN 38002
Brendalay Grill
6259 Quintard St, Arlington, TN 38002
Vinegar Jim's
12062 Forrest St, Arlington, TN 38002
Fowl N Out
5224 Airline Rd Ste 107, Arlington, TN 38002
Wing Street
11615 Highway 70, Arlington, TN 38002
Wing Street
8979 Us Highway 64, Arlington, TN 38002
Berry Berry Good
4935 Airline Rd, Arlington, TN 38002
Wang Garden Chinese
9020 Us Highway 64, Arlington, TN 38002
Cazadores Mexican Grill
11695 Highway 70 Ste 110, Arlington, TN 38002
Pericos Mexican Restaurant
11125 Highway 70, Arlington, TN 38002
El Mezcal
11615 Highway 70, Arlington, TN 38002
Colton's Steakhouse & Grill
8030 US Highway 64, Memphis, TN 38133 (6.4 miles away)
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