Interested in purchasing investment houses in the 38018 zip code in Cordova, TN?
The zip code 38018 is in Shelby county with a latitude of -89.765910000000 and longitude of 35.138120000000, is in the state of Tennessee. The average asking price of houses and condos is $187,532.00 and the average sale price was $150,998.00. this regions is classified as the Memphis metro area and is in the 901 area code. The location in degrees is 35° 8' 17.232" N, 89° 45' 57.276" W. The county F.I.P.S. is 47157. The total land area is 18.5 square miles and the water area is 0.1 square miles. The elevation in this area is 289 - 377 feet. The zip code is on central standard time and observes daylight savings time.
The zip 38018 is in county number 157 and is L. Sector 00, L. Segment 01, H. Sector 18, and H. Segment 18. The population was 36,684 in 2019 and 35,059 in 2010. Of this, the break down in 2019 was 35,291 urban and 1,392 rural. This further breaks down to 17,084 males (46.6%) and 19,600 females (53.4%). The median age of residents is 36.9 years. The population of the greater Memphis, TN-MS-AR area is 1,325,833. The population density (people per square mile) is 1,987. This zip code has a combined total of 14,884 houses and condos. There are 5,015 rented appartments. 36% of residents rent versus the 36% 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 $65,517 and the average salary is $58,793. The median household income of individuals is $83,609.00 and the average is $64,660.00. This zip code has a mean commute time to work of 25.1 minutes. The unemployment rate is 3.6%. Income earners by percent breakdown as 21.40% (Under $50,000), 39.80% ($50,000-$100,000), and 38.80% earn over $100,000. 6.2% of residents live below poverty line versus the 13.9% in the state that are below this line. The cost of living index is 86.9. The educational breakdown is 97.5% have a high school education or higher, 44.7% have a bachelor's degree or higher, and 17.5% have some kind of profesional degree.
This area has 13,726 households and the average size is 2.6 people. Individuals who are single and have never been married are 34.1%, 49.0% are now married, 1.5% are separated, 3.6% are widowed, and 11.8% are divorced. The average yearly contribution amount given by people to charity was $5,738 versus the state average of $6,709. The percent of residents who gave to charity was 34.3%.
The estimated median value of houses and condos is $188,640. The median monthly owner costs of mortgage holders was $1,509, where as the costs for those who don't have a mortgage are $598. The median number of rooms in houses and condos are 6.9 versus apartments which had a median number of 4.8.
The real estate tax percent rate is 1.5% which equated to an average real estate tax amount payment of $2,754. 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 1.4% which amounted to an average tax amount of $2,609. Conversely, the median housing property tax percent for residents who don't have mortgages was 1.6% which amounted to an average tax amount of $3,173. Reported taxable interest for persons was $1,307, dividends $4,246, capital gains +$12,760, and itemized deductions $20,502. The average earned income tax credit is $2,332. The percent of individuals that use a tax preparer is 44.3%. The total average income taxes paid by individuals was $5,027. Businesses reported an average profit of $14,041.
The Seafood Shack And More
1136 Breezy Valley Dr, Cordova, TN 38018
Osaka Japanese Cuisine
8095 Macon Rd, Cordova, TN 38018
Friday Tuna
750 N Germantown Pkwy, Cordova, TN 38018
Dragon Gate Supreme Buffet
815 Exocet Dr Ste 102, Cordova, TN 38018
Tokyo Grill
680 N Germantown Pkwy Ste 46, Cordova, TN 38018
One and Only Bbq
153 Timber Creek Dr, Cordova, TN 38018
The Butcher Shop Steakhouse
107 S Germantown Pkwy, Cordova, TN 38018
SkiMo's Restaurant and Bar
1166 N Houston Levee Rd Ste 107, Cordova, TN 38018
O'Charley's
1040 N Germantown Pkwy, Cordova, TN 38018
Rafferty's Restaurant & Bar
505 N Germantown Parkway, Cordova, TN 38018
Acasia's Restaurant
8130 Macon Station Dr, Cordova, TN 38018
G. Alston Restaurant
8556 Macon Rd, Cordova, TN 38018
Villa Castrioti
714 Germantown Pkwy, Cordova, TN 38018
Green Bamboo Noodle House
990 N Germantown Pkwy Ste 104, Cordova, TN 38018
All Star Hot Wings
8095 Macon Rd, Cordova, TN 38018
China Spring
1204 N Houston Levee Rd, Cordova, TN 38018
Outback Steakhouse
1110 N Germantown Pkwy, Cordova, TN 38016 (0.3 miles away)
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