Interested in purchasing investment houses in the 38059 zip code in Newbern, TN?
The zip code 38059 is in both Dyer and Gibson counties with a latitude of -89.245220000000 and longitude of 36.111110000000, is in the state of Tennessee. The average asking price of houses and condos is $106,920.00 and the average sale price was $80,949.00. this regions is classified as the Memphis metro area and is in the 731 area code. The location in degrees is 36° 6' 39.996" N, 89° 14' 42.792" W. The county F.I.P.S. is 47045. This zip code contains two cities including Newbern, TN (3.80%), and Yorkville, TN (0.31%) The total land area is 128.3 square miles and the water area is 0.1 square miles. The elevation in this area is 276 - 371 feet. The zip code is on central standard time and observes daylight savings time.
The zip 38059 is in county number 045 and is L. Sector 00, L. Segment 01, H. Sector 49, and H. Segment 49. The population was 7,864 in 2019 and 7,663 in 2010. Of this, the break down in 2019 was 3,408 urban and 4,455 rural. This further breaks down to 3,941 males (50.1%) and 3,923 females (49.9%). The median age of residents is 40.5 years. The population of the greater Dyersburg, TN area is 37,750. The population density (people per square mile) is 61. This zip code has a combined total of 3,328 houses and condos. There are 844 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 $42,502 and the average salary is $37,471. The median household income of individuals is $45,135.00 and the average is $49,890.00. This zip code has a mean commute time to work of 23.6 minutes. The unemployment rate is 4.9%. Income earners by percent breakdown as 56.10% (Under $50,000), 36.30% ($50,000-$100,000), and 7.60% earn over $100,000. 17.5% of residents live below poverty line versus the 13.9% in the state that are below this line. The cost of living index is 78.6. The educational breakdown is 84.4% have a high school education or higher, 16.1% have a bachelor's degree or higher, and 6.4% have some kind of profesional degree.
This area has 2,931 households and the average size is 2.6 people. Individuals who are single and have never been married are 18.6%, 50.9% are now married, 2.7% are separated, 6.1% are widowed, and 21.7% are divorced. The average yearly contribution amount given by people to charity was $5,757 versus the state average of $6,709. The percent of residents who gave to charity was 11.3%.
The estimated median value of houses and condos is $109,358. The median monthly owner costs of mortgage holders was $937, where as the costs for those who don't have a mortgage are $363. The median number of rooms in houses and condos are 5.5 versus apartments which had a median number of 4.7.
The real estate tax percent rate is 0.6% which equated to an average real estate tax amount payment of $669. 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 0.6% which amounted to an average tax amount of $683. Conversely, the median housing property tax percent for residents who don't have mortgages was 0.7% which amounted to an average tax amount of $651. Reported taxable interest for persons was $1,288, dividends $1,978, capital gains +$1,754, and itemized deductions $17,517. The average earned income tax credit is $2,256. The percent of individuals that use a tax preparer is 61.0%. The total average income taxes paid by individuals was $3,498. Businesses reported an average profit of $10,143.
Bad Bobs
705 W Main St, Newbern, TN 38059
Nana's Cafe
212 E Main St, Newbern, TN 38059
Coop's Place
105 Washington St, Newbern, TN 38059
The Farmhouse Restaurant
206 E Main St, Newbern, TN 38059
El Vallarta
689 Sharpsferry Rd, Newbern, TN 38059
Clementine's
610 Williams St, Newbern, TN 38059
Holy Cow Antiques Gifts Deli
61 Pierce St, Trimble, TN 38259 (7.8 miles away)