Interested in purchasing investment houses in the 38138 zip code in Germantown, TN?
The zip code 38138 is in Shelby county with a latitude of -89.799290000000 and longitude of 35.084820000000, is in the state of Tennessee. The average asking price of houses and condos is $342,428.00 and the average sale price was $253,959.00. this regions is classified as the Memphis metro area and is in the 901 area code. The location in degrees is 35° 5' 5.352" N, 89° 47' 57.444" W. The county F.I.P.S. is 47157. This zip code contains two cities including Germantown, TN (98.79%), and Memphis, TN (1.21%) The total land area is 11.9 square miles and the water area is 0.0 square miles. The elevation in this area is 276 - 322 feet. The zip code is on central standard time and observes daylight savings time.
The zip 38138 is in county number 157 and is L. Sector 06, L. Segment 00, H. Sector 00, and H. Segment 00. The population was 25,503 in 2019 and 24,045 in 2010. This further breaks down to 12,068 males (47.3%) and 13,435 females (52.7%). The median age of residents is 45.0 years. The population of the greater Memphis, TN-MS-AR area is 1,325,833. The population density (people per square mile) is 2,151. This zip code has a combined total of 10,710 houses and condos. There are 2,027 rented appartments. 20% of residents rent versus the 20% 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 $125,820 and the average salary is $100,738. The median household income of individuals is $101,061.00 and the average is $142,400.00. This zip code has a mean commute time to work of 21.9 minutes. The unemployment rate is 1.3%. Income earners by percent breakdown as 16.10% (Under $50,000), 33.10% ($50,000-$100,000), and 50.70% earn over $100,000. 3.2% 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 98.7% have a high school education or higher, 64.4% have a bachelor's degree or higher, and 27.3% have some kind of profesional degree.
This area has 9,952 households and the average size is 2.5 people. Individuals who are single and have never been married are 17.0%, 66.7% are now married, 0.8% are separated, 6.9% are widowed, and 8.6% are divorced. The average yearly contribution amount given by people to charity was $9,089 versus the state average of $6,709. The percent of residents who gave to charity was 47.9%.
The estimated median value of houses and condos is $318,897. The median monthly owner costs of mortgage holders was $1,967, where as the costs for those who don't have a mortgage are $726. The median number of rooms in houses and condos are 8.4 versus apartments which had a median number of 4.5.
The real estate tax percent rate is 1.3% which equated to an average real estate tax amount payment of $3,993. 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 1.2% which amounted to an average tax amount of $3,965. Conversely, the median housing property tax percent for residents who don't have mortgages was 1.3% which amounted to an average tax amount of $4,056. Reported taxable interest for persons was $3,807, dividends $10,307, capital gains +$35,735, and itemized deductions $28,556. The average earned income tax credit is $1,992. The percent of individuals that use a tax preparer is 52.7%. The total average income taxes paid by individuals was $7,465. Businesses reported an average profit of $31,300.
Stoney River
7515 Poplar Ave Ste 101, Germantown, TN 38138
Memphis Catfish
1831 Kirby Pkwy, Germantown, TN 38138
Brooklyn Bridge Italian Restaurant
1779 Kirby Pkwy, Germantown, TN 38138
Vanelli's Deli
7873 Farmington Blvd, Germantown, TN 38138
Pasta Maker
2095 Exeter Rd, Germantown, TN 38138
Sakura Japanese Restaurant
2060 West St, Germantown, TN 38138
East Meets West
7867 Farmington Blvd, Germantown, TN 38138
Zen Japanese Fine Cuisine
1730 S Germantown Rd Ste 125, Germantown, TN 38138
Genji
7825 Highway 72, Germantown, TN 38138
Rock n Roll Sushi
9155 Poplar Ave Ste 19, Germantown, TN 38138
Soul Fish Cafe
3160 Village Shops Dr, Germantown, TN 38138
Germantown Commissary
2290 S Germantown Rd, Germantown, TN 38138
West Street Diner
2076 West St, Germantown, TN 38138
Dessert Therapy
6645 Poplar Ave Ste 109, Germantown, TN 38138
Southern Social
2285 S Germantown Rd, Germantown, TN 38138
Hueys Germantown
7677 Farmington Blvd, Germantown, TN 38138
Perkins Restaurant & Bakery
1340 S Germantown Rd, Germantown, TN 38138
Forest Hill Grill
9102 Poplar Pike, Germantown, TN 38138
Staks Pancake Kitchen
7704 Poplar Ave, Germantown, TN 38138
Doc Watson's
1817 Kirby Pkwy, Germantown, TN 38138
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