Interested in purchasing investment houses in the 38060 zip code in Oakland, TN?
The zip code 38060 is in Fayette county with a latitude of -89.503320000000 and longitude of 35.209100000000, is in the state of Tennessee. The average asking price of houses and condos is $198,224.00 and the average sale price was $152,447.00. this regions is classified as the Memphis metro area and is in the 901 area code. The location in degrees is 35° 12' 32.76" N, 89° 30' 11.952" W. The county F.I.P.S. is 47047. The total land area is 44.1 square miles and the water area is 0.1 square miles. The elevation in this area is 295 - 459 feet. The zip code is on central standard time and observes daylight savings time.
The zip 38060 is in county number 047 and is L. Sector 00, L. Segment 01, H. Sector 19, and H. Segment 19. The population was 10,308 in 2019 and 9,496 in 2010. This further breaks down to 4,825 males (46.8%) and 5,482 females (53.2%). The median age of residents is 42.8 years. The population of the greater Memphis, TN-MS-AR area is 1,325,833. The population density (people per square mile) is 234. This zip code has a combined total of 4,408 houses and condos. There are 411 rented appartments. 10% of residents rent versus the 10% 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 $60,331 and the average salary is $55,310. The median household income of individuals is $56,129.00 and the average is $64,360.00. This zip code has a mean commute time to work of 36.7 minutes. The unemployment rate is 1.5%. Income earners by percent breakdown as 43.30% (Under $50,000), 38.40% ($50,000-$100,000), and 18.30% earn over $100,000. 4.9% of residents live below poverty line versus the 13.9% in the state that are below this line. The cost of living index is 87.3. The educational breakdown is 88.9% have a high school education or higher, 22.3% have a bachelor's degree or higher, and 7.0% have some kind of profesional degree.
This area has 3,536 households and the average size is 2.5 people. Individuals who are single and have never been married are 23.0%, 62.0% are now married, 0.8% are separated, 5.2% are widowed, and 9.1% are divorced. The average yearly contribution amount given by people to charity was $4,327 versus the state average of $6,709. The percent of residents who gave to charity was 33.2%.
The estimated median value of houses and condos is $208,986. The median monthly owner costs of mortgage holders was $1,344, where as the costs for those who don't have a mortgage are $375. The median number of rooms in houses and condos are 6.7 versus apartments which had a median number of 5.4.
The real estate tax percent rate is 0.4% which equated to an average real estate tax amount payment of $893. 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 0.4% which amounted to an average tax amount of $912. 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 $862. Reported taxable interest for persons was $789, dividends $2,456, capital gains +$5,328, and itemized deductions $18,874. The average earned income tax credit is $2,326. The percent of individuals that use a tax preparer is 49.2%. The total average income taxes paid by individuals was $3,242. Businesses reported an average profit of $9,404.
Shogun
7257 Highway 64, Oakland, TN 38060
Brad's Bar-B-Q
6540 Highway 64, Oakland, TN 38060
J-Bo's Wings & Things
7044 Highway 64, Oakland, TN 38060
Wyatt Earp's Steakhouse
8380 Highway 64, Oakland, TN 38060
Las Margaritas
7330 Highway 64, Oakland, TN 38060
Street Tacos
7020 Highway 64, Oakland, TN 38060
La Hacienda Mexican Restaurant
7034 Highway 64, Oakland, TN 38060
El Nopal Mexican Restaurant
7740 Highway 64, Oakland, TN 38060
Asian Star
200 Chickasaw Ridge Dr Ste 21, Oakland, TN 38060
Doc Holidays
8380 Highway 64, Oakland, TN 38060
HomeTown Buffet
7237 Highway 64, Oakland, TN 38060
Crumpy's Hot Wings & More
7742 Highway 64, Oakland, TN 38060
Olympic Steakhouse
6250 Highway 64 Ste 12, Oakland, TN 38060
Corean's Kitchen
7044 Highway 64, Oakland, TN 38060
Daily Life Nutrition
7035 Highway 64, Oakland, TN 38060
Wing Basket
7044 Highway 64, Oakland, TN 38060
Raven and Lily
7700 Highway 64, Oakland, TN 38060
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