Interested in purchasing investment houses in the 38351 zip code in Lexington, TN?
The zip code 38351 is in both Henderson and Madison counties with a latitude of -88.403080000000 and longitude of 35.665410000000, is in the state of Tennessee. The average asking price of houses and condos is $159,678.00 and the average sale price was $76,876.00. this regions is classified as the Jackson metro area and is in the 731 area code. The location in degrees is 35° 39' 55.476" N, 88° 24' 11.088" W. The county F.I.P.S. is 47077. This zip code contains two cities including Lexington, TN (5.71%), and Chesterfield, TN (3.57%) The total land area is 210.7 square miles and the water area is 5.0 square miles. The elevation in this area is 397 - 587 feet. The zip code is on central standard time and observes daylight savings time.
The zip 38351 is in county number 077 and is L. Sector 00, L. Segment 01, H. Sector 10, and H. Segment 10. The population was 18,660 in 2019 and 17,603 in 2010. Of this, the break down in 2019 was 6,924 urban and 11,735 rural. This further breaks down to 9,088 males (48.7%) and 9,571 females (51.3%). The median age of residents is 41.9 years. The population density (people per square mile) is 89. This zip code has a combined total of 8,569 houses and condos. There are 2,268 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 $43,605 and the average salary is $36,591. The median household income of individuals is $38,620.00 and the average is $49,270.00. This zip code has a mean commute time to work of 24.5 minutes. The unemployment rate is 6.1%. Income earners by percent breakdown as 63.50% (Under $50,000), 27.90% ($50,000-$100,000), and 8.60% earn over $100,000. 18.4% of residents live below poverty line versus the 13.9% in the state that are below this line. The cost of living index is 78.9. The educational breakdown is 83.3% have a high school education or higher, 15.3% have a bachelor's degree or higher, and 4.8% have some kind of profesional degree.
This area has 7,155 households and the average size is 2.6 people. Individuals who are single and have never been married are 24.9%, 49.9% are now married, 2.3% are separated, 7.8% are widowed, and 15.1% are divorced. The average yearly contribution amount given by people to charity was $5,772 versus the state average of $6,709. The percent of residents who gave to charity was 11.2%.
The estimated median value of houses and condos is $122,959. The median monthly owner costs of mortgage holders was $999, where as the costs for those who don't have a mortgage are $370. The median number of rooms in houses and condos are 6.2 versus apartments which had a median number of 4.5.
The real estate tax percent rate is 0.6% which equated to an average real estate tax amount payment of $725. 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 $756. 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 $698. Reported taxable interest for persons was $1,595, dividends $3,248, capital gains +$24,113, and itemized deductions $19,231. The average earned income tax credit is $2,400. The percent of individuals that use a tax preparer is 56.1%. The total average income taxes paid by individuals was $3,650. Businesses reported an average profit of $12,669.
A & M Seafood Market
15676 Highway 412 E, Lexington, TN 38351
Hibachi Grill
591 W Church St, Lexington, TN 38351
Scotts Barbeque
10880 Highway 412 W, Lexington, TN 38351
Danny Zs
195 Seahorse Dr, Lexington, TN 38351
Cuppa Cuppa Bakery And Cafe
759 W Church St Ste 1, Lexington, TN 38351
Early Birds
726 W Church St, Lexington, TN 38351
Bluegrass Diner
380 E Church St, Lexington, TN 38351
Dan's Cafe
995 E Church St, Lexington, TN 38351
Kc's Farm House Restaurant
93 College Dr, Lexington, TN 38351
Grecian Family Restaurant
741 W Church St, Lexington, TN 38351
Famous Chinese Restaurant
50 S Main St, Lexington, TN 38351
Cawthon's BBQ
5253 Mccaney Mill Rd, Huron, TN 38345 (7.6 miles away)
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