Interested in purchasing investment houses in the 38015 zip code in Burlison, TN?
The zip code 38015 is in Tipton county with a latitude of -89.823170000000 and longitude of 35.558680000000, is in the state of Tennessee. The average asking price of houses and condos is $134,133.00 and the average sale price was $84,261.00. this regions is classified as the Memphis metro area and is in the 901 area code. The location in degrees is 35° 33' 31.248" N, 89° 49' 23.412" W. The county F.I.P.S. is 47167. This zip code contains three cities including Gilt Edge, TN (5.75%), Burlison, TN (2.42%), and Garland, TN (0.01%) The total land area is 43.4 square miles and the water area is 1.3 square miles. The elevation in this area is 220 - 364 feet. The zip code is on central standard time and observes daylight savings time.
The zip 38015 is in county number 167 and is L. Sector 00, L. Segment 01, H. Sector 84, and H. Segment 84. The population was 2,411 in 2019 and 2,828 in 2010. This further breaks down to 1,246 males (51.7%) and 1,164 females (48.3%). The median age of residents is 45.2 years. The population of the greater Memphis, TN-MS-AR area is 1,325,833. The population density (people per square mile) is 56. This zip code has a combined total of 1,024 houses and condos. There are 247 rented appartments. 28% of residents rent versus the 28% 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 $45,528 and the average salary is $42,320. The median household income of individuals is $48,654.00 and the average is $58,260.00. This zip code has a mean commute time to work of 38.7 minutes. The unemployment rate is 7.5%. Income earners by percent breakdown as 51.20% (Under $50,000), 37.50% ($50,000-$100,000), and 11.30% earn over $100,000. 13.4% of residents live below poverty line versus the 13.9% in the state that are below this line. The cost of living index is 79.2. The educational breakdown is 75.5% have a high school education or higher, 10.4% have a bachelor's degree or higher, and 2.1% have some kind of profesional degree.
This area has 1,060 households and the average size is 2.7 people. Individuals who are single and have never been married are 26.8%, 50.6% are now married, 4.1% are separated, 7.2% are widowed, and 11.3% are divorced. The average yearly contribution amount given by people to charity was $4,793 versus the state average of $6,709. The percent of residents who gave to charity was 13.0%.
The estimated median value of houses and condos is $139,103. The median monthly owner costs of mortgage holders was $1,064, where as the costs for those who don't have a mortgage are $335. The median number of rooms in houses and condos are 6.0 versus apartments which had a median number of 4.9.
The real estate tax percent rate is 0.5% which equated to an average real estate tax amount payment of $688. 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 $728. 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 $605. Reported taxable interest for persons was $630, dividends $3,845, capital gains +$1,350, and itemized deductions $16,343. The average earned income tax credit is $2,508. The percent of individuals that use a tax preparer is 61.7%. The total average income taxes paid by individuals was $3,324. Businesses reported an average profit of $7,571.
Gilt Edge Cafe
10448 Highway 59 W, Burlison, TN 38015
Wyatt Earp's Sports Grill & Steakhouse
120 Quinton Ave, Munford, TN 38058 (5.6 miles away)
Wells Kitchen
136 N Main St, Brighton, TN 38011 (6.1 miles away)
Sakura Garden Inc
11680 Highway 51 S, Atoka, TN 38004 (8.2 miles away)
Mean Gene's Family Bar-B-Q & Catering
2791 Wilkinsville Rd, Drummonds, TN 38023 (8.9 miles away)
Erwin's Great Steaks
4464 Bride Rd, Covington, TN 38019 (9.5 miles away)
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