Interested in purchasing investment houses in the 38058 zip code in Munford, TN?
The zip code 38058 is in Tipton county with a latitude of -89.819690000000 and longitude of 35.458930000000, is in the state of Tennessee. The average asking price of houses and condos is $146,455.00 and the average sale price was $116,537.00. this regions is classified as the Memphis metro area and is in the 901 area code. The location in degrees is 35° 27' 32.148" N, 89° 49' 10.884" W. The county F.I.P.S. is 47167. The total land area is 26.4 square miles and the water area is 0.0 square miles. The elevation in this area is 312 - 407 feet. The zip code is on central standard time and observes daylight savings time.
The zip 38058 is in county number 167 and is L. Sector 00, L. Segment 01, H. Sector 58, and H. Segment 58. The population was 10,116 in 2019 and 10,236 in 2010. Of this, the break down in 2019 was 7,192 urban and 2,923 rural. This further breaks down to 5,004 males (49.5%) and 5,111 females (50.5%). The median age of residents is 41.3 years. The population of the greater Memphis, TN-MS-AR area is 1,325,833. The population density (people per square mile) is 383. This zip code has a combined total of 4,138 houses and condos. There are 1,039 rented appartments. 27% of residents rent versus the 27% 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 $47,536 and the average salary is $43,462. The median household income of individuals is $53,341.00 and the average is $55,200.00. This zip code has a mean commute time to work of 32.4 minutes. The unemployment rate is 7.1%. Income earners by percent breakdown as 46.00% (Under $50,000), 40.10% ($50,000-$100,000), and 13.90% earn over $100,000. 13.3% of residents live below poverty line versus the 13.9% in the state that are below this line. The cost of living index is 85.6. The educational breakdown is 87.0% have a high school education or higher, 18.4% have a bachelor's degree or higher, and 6.9% have some kind of profesional degree.
This area has 3,680 households and the average size is 2.7 people. Individuals who are single and have never been married are 25.4%, 51.2% are now married, 1.9% are separated, 8.0% are widowed, and 13.6% are divorced. The average yearly contribution amount given by people to charity was $4,566 versus the state average of $6,709. The percent of residents who gave to charity was 19.6%.
The estimated median value of houses and condos is $161,550. The median monthly owner costs of mortgage holders was $1,342, where as the costs for those who don't have a mortgage are $390. The median number of rooms in houses and condos are 6.0 versus apartments which had a median number of 5.1.
The real estate tax percent rate is 0.8% which equated to an average real estate tax amount payment of $1,238. 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 0.8% which amounted to an average tax amount of $1,354. Conversely, the median housing property tax percent for residents who don't have mortgages was 0.6% which amounted to an average tax amount of $921. Reported taxable interest for persons was $775, dividends $1,458, capital gains +$8,865, and itemized deductions $17,311. The average earned income tax credit is $2,361. The percent of individuals that use a tax preparer is 48.3%. The total average income taxes paid by individuals was $3,396. Businesses reported an average profit of $8,044.
Wyatt Earp's Sports Grill & Steakhouse
120 Quinton Ave, Munford, TN 38058
J T's Burgers & Wings
76 Tabb Dr Ste I, Munford, TN 38058
Champs Chicken
15903 Tn-3, Munford, TN 38058
Mandarin Wok
526 Munford Ave, Munford, TN 38058
Pizza Pro
27 Crigger St, Munford, TN 38058
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