Interested in purchasing investment houses in the 38063 zip code in Ripley, TN?
The zip code 38063 is in both Lauderdale and Haywood counties with a latitude of -89.639950000000 and longitude of 35.755770000000, is in the state of Tennessee. The average asking price of houses and condos is $112,713.00 and the average sale price was $53,470.00. this regions is classified as the Memphis metro area and is in the 731 area code. The location in degrees is 35° 45' 20.772" N, 89° 38' 23.82" W. The county F.I.P.S. is 47097. This zip code contains two cities including Ripley, TN (3.82%), and Henning, TN (0.04%) The total land area is 305.1 square miles and the water area is 30.8 square miles. The elevation in this area is 223 - 482 feet. The zip code is on central standard time and observes daylight savings time.
The zip 38063 is in county number 047 and is L. Sector 16, L. Segment 47, H. Sector 47, and H. Segment 47. The population was 16,454 in 2019 and 17,403 in 2010. Of this, the break down in 2019 was 6,754 urban and 9,699 rural. This further breaks down to 7,860 males (47.8%) and 8,593 females (52.2%). The median age of residents is 38.7 years. The population density (people per square mile) is 54. This zip code has a combined total of 7,804 houses and condos. There are 2,975 rented appartments. 44% of residents rent versus the 44% 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 $36,048 and the average salary is $30,741. The median household income of individuals is $37,819.00 and the average is $43,140.00. This zip code has a mean commute time to work of 25.2 minutes. The unemployment rate is 7.7%. Income earners by percent breakdown as 63.10% (Under $50,000), 31.00% ($50,000-$100,000), and 5.90% earn over $100,000. 19.7% of residents live below poverty line versus the 13.9% in the state that are below this line. The cost of living index is 78.5. The educational breakdown is 79.9% have a high school education or higher, 9.8% have a bachelor's degree or higher, and 4.2% have some kind of profesional degree.
This area has 6,601 households and the average size is 2.4 people. Individuals who are single and have never been married are 30.5%, 47.0% are now married, 2.2% are separated, 7.1% are widowed, and 13.2% are divorced. The average yearly contribution amount given by people to charity was $5,921 versus the state average of $6,709. The percent of residents who gave to charity was 9.5%.
The estimated median value of houses and condos is $96,532. The median monthly owner costs of mortgage holders was $977, where as the costs for those who don't have a mortgage are $359. The median number of rooms in houses and condos are 6.1 versus apartments which had a median number of 4.9.
The real estate tax percent rate is 0.8% which equated to an average real estate tax amount payment of $773. 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 $816. Conversely, the median housing property tax percent for residents who don't have mortgages was 0.8% which amounted to an average tax amount of $709. Reported taxable interest for persons was $1,344, dividends $7,022, capital gains +$10,236, and itemized deductions $18,326. The average earned income tax credit is $2,611. The percent of individuals that use a tax preparer is 68.0%. The total average income taxes paid by individuals was $3,296. Businesses reported an average profit of $10,663.
Chisholm Lake Store
23 Chisholm Lake Camp Rd, Ripley, TN 38063
Olympic Steakhouse
475 Highway 51 N, Ripley, TN 38063
Bobsbbq
93 Rabbit Trail Rd, Ripley, TN 38063
United States Government
1505 Sand Bluff Rd, Ripley, TN 38063
Hen House
936 Highway 51 N, Ripley, TN 38063
Fishes Wing Shack
326 S Washington St, Ripley, TN 38063
Kissell's Kitchen
137 W Jackson Ave, Ripley, TN 38063
Vert's Kitchen
197 S Washington St, Ripley, TN 38063
Dq Grill & Chill Restaurant
480 Highway 51 N, Ripley, TN 38063
Taco Tico
866 Highway 51 N, Ripley, TN 38063
Los Portales Mexican Restaurant
790 Highway 51 N Ste 27, Ripley, TN 38063
Panda Buffet
790 Highway 51 N, Ripley, TN 38063
Krispy Krunchy Chicken
231 N Main St, Ripley, TN 38063
Panda House
1036 Highway 51 N, Ripley, TN 38063
Nut N Fancy
7225 Edith Nankipoo Rd, Ripley, TN 38063
Emily's
815 Highway 51 N, Ripley, TN 38063
Charley's Grilled Subs
340 Cleveland St, Ripley, TN 38063
When my husband passed away suddenly, I was left with a home I had to sell fast. The experts from We Buy Homes dealt with me professionally, fairly, and honestly. I didn’t have to list my house and I didn’t have to deal with strangers walking through my home. And I didn’t have to pay a realtor! They handled everything and that provided the peace of mind I needed during such a difficult time. I highly recommend them!
