Interested in purchasing investment houses in the 38068 zip code in Somerville, TN?
The zip code 38068 is in both Fayette and Haywood counties with a latitude of -89.335860000000 and longitude of 35.266830000000, is in the state of Tennessee. The average asking price of houses and condos is $246,298.00 and the average sale price was $136,963.00. this regions is classified as the Memphis metro area and is in the 901 area code. The location in degrees is 35° 16' 0.588" N, 89° 20' 9.096" W. The county F.I.P.S. is 47047. This zip code contains three cities including Somerville, TN (4.63%), Oakland, TN (0.12%), and Williston, TN (0.10%) The total land area is 270.4 square miles and the water area is 0.4 square miles. The elevation in this area is 302 - 551 feet. The zip code is on central standard time and observes daylight savings time.
The zip 38068 is in county number 047 and is L. Sector 00, L. Segment 01, H. Sector 17, and H. Segment 17. The population was 11,104 in 2019 and 10,941 in 2010. This further breaks down to 5,664 males (51.0%) and 5,440 females (49.0%). The median age of residents is 43.7 years. The population of the greater Memphis, TN-MS-AR area is 1,325,833. The population density (people per square mile) is 41. This zip code has a combined total of 4,681 houses and condos. There are 1,346 rented appartments. 32% of residents rent versus the 32% 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 $46,076 and the average salary is $39,495. The median household income of individuals is $41,540.00 and the average is $53,640.00. This zip code has a mean commute time to work of 30.2 minutes. The unemployment rate is 9.4%. Income earners by percent breakdown as 58.50% (Under $50,000), 31.40% ($50,000-$100,000), and 10.00% earn over $100,000. 21.9% of residents live below poverty line versus the 13.9% in the state that are below this line. The cost of living index is 80.5. The educational breakdown is 79.8% have a high school education or higher, 15.1% have a bachelor's degree or higher, and 4.8% have some kind of profesional degree.
This area has 4,142 households and the average size is 2.5 people. Individuals who are single and have never been married are 32.2%, 47.9% are now married, 1.4% are separated, 7.2% are widowed, and 11.3% are divorced. The average yearly contribution amount given by people to charity was $5,844 versus the state average of $6,709. The percent of residents who gave to charity was 18.9%.
The estimated median value of houses and condos is $183,001. The median monthly owner costs of mortgage holders was $1,210, where as the costs for those who don't have a mortgage are $371. The median number of rooms in houses and condos are 6.4 versus apartments which had a median number of 5.0.
The real estate tax percent rate is 0.3% which equated to an average real estate tax amount payment of $601. 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 $633. Conversely, the median housing property tax percent for residents who don't have mortgages was 0.3% which amounted to an average tax amount of $563. Reported taxable interest for persons was $1,464, dividends $2,884, capital gains +$6,623, and itemized deductions $19,429. The average earned income tax credit is $2,687. The percent of individuals that use a tax preparer is 56.3%. The total average income taxes paid by individuals was $3,156. Businesses reported an average profit of $12,839.
Trudie's Catfish Cabin
17385 US Highway 64, Somerville, TN 38068
Issys Restaurant
17290 Us Highway 64, Somerville, TN 38068
El Cancun
16970 Us Highway 64, Somerville, TN 38068
Crumpy's Hot Wings
122 E Market St, Somerville, TN 38068
Crows Chicken Coop
14015 N Main St, Somerville, TN 38068
Yoyo
17745 Us Highway 64, Somerville, TN 38068
Valero
17825 Us Highway 64, Somerville, TN 38068
Wholly Cow Restaurant
16990 US Highway 64, Somerville, TN 38068
Jalepinos
17190 Us Highway 64, Somerville, TN 38068
Betty's blues after dark
17260 Us Highway 64, Somerville, TN 38068
Dealmark
16600 Us Highway 64, Somerville, TN 38068
Sanders Street Holistic Center
7495 Highway 195, Somerville, TN 38068
El Ranchitos
17360 Us Highway 64, Somerville, TN 38068
Don
122 E Market St, Somerville, TN 38068
Jamin Jelly Bakery & Cafe
8567 US Highway 64, Somerville, TN 38068
Arthur's Deli
14015 N Main St, Somerville, TN 38068
The Hut
16920 Us Highway 64, Somerville, TN 38068
Old Town Hall and Cafe
110 E Court Sq, Somerville, TN 38068
King of Wings
50 N Somerville St, Somerville, TN 38068
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