Interested in purchasing investment houses in the 38477 zip code in Prospect, TN?
The zip code 38477 is in Giles county with a latitude of -87.003910000000 and longitude of 35.052440000000, is in the state of Tennessee. The average asking price of houses and condos is $170,548.00 and the average sale price was $68,040.00. this regions is classified as the Nashville metro area and is in the 931 area code. The location in degrees is 35° 3' 8.784" N, 87° 0' 14.076" W. The county F.I.P.S. is 47055. This zip code contains two cities including Elkton, TN (1.83%), and Ardmore, TN (0.16%) The total land area is 94.0 square miles and the water area is 0.1 square miles. The elevation in this area is 663 - 915 feet. The zip code is on central standard time and observes daylight savings time.
The zip 38477 is in county number 055 and is L. Sector 00, L. Segment 01, H. Sector 67, and H. Segment 67. The population was 2,746 in 2019 and 2,766 in 2010. This further breaks down to 1,341 males (48.8%) and 1,405 females (51.2%). The median age of residents is 49.9 years. The population density (people per square mile) is 29. This zip code has a combined total of 1,427 houses and condos. There are 145 rented appartments. 12% of residents rent versus the 12% 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 $42,863 and the average salary is $38,195. The median household income of individuals is $40,126.00 and the average is $49,330.00. This zip code has a mean commute time to work of 32.9 minutes. The unemployment rate is 4.3%. Income earners by percent breakdown as 61.00% (Under $50,000), 29.20% ($50,000-$100,000), and 9.80% earn over $100,000. 7.4% of residents live below poverty line versus the 13.9% in the state that are below this line. The cost of living index is 77.5. The educational breakdown is 89.1% have a high school education or higher, 14.6% have a bachelor's degree or higher, and 4.9% have some kind of profesional degree.
This area has 1,135 households and the average size is 2.3 people. Individuals who are single and have never been married are 16.2%, 61.8% are now married, 1.9% are separated, 8.3% are widowed, and 11.8% are divorced. The average yearly contribution amount given by people to charity was $6,700 versus the state average of $6,709. The percent of residents who gave to charity was 13.3%.
The estimated median value of houses and condos is $131,031. The median monthly owner costs of mortgage holders was $1,069, where as the costs for those who don't have a mortgage are $355. The median number of rooms in houses and condos are 6.1 versus apartments which had a median number of 4.8.
The real estate tax percent rate is 0.6% which equated to an average real estate tax amount payment of $781. 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 $848. Conversely, the median housing property tax percent for residents who don't have mortgages was 0.6% which amounted to an average tax amount of $731. Reported taxable interest for persons was $691, dividends $1,508, capital gains +$1,727, and itemized deductions $19,117. The average earned income tax credit is $1,960. The percent of individuals that use a tax preparer is 66.7%. The total average income taxes paid by individuals was $3,711. Businesses reported an average profit of $5,607.
Ronnie's Place
4360 Salem Rd, Minor Hill, TN 38473 (7.7 miles away)
Thai Food
26671 Main St, Ardmore, TN 38449 (7.8 miles away)
Christo's Dairy Delight
25670 Salem Minor Hill Rd, Lester, AL 35647 (8.8 miles away)
Legends Steakhouse
1030 W College St, Pulaski, TN 38478 (9.9 miles away)
Southern Fixin
9565 Highway 53, Ardmore, AL 35739 (11.9 miles away)
Mama D's BBQ & Country Cooking
25501 Elkton Rd, Elkmont, AL 35620 (12.1 miles away)
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