Interested in purchasing investment houses in the 38483 zip code in Summertown, TN?
The zip code 38483 is in both Lawrence and Lewis counties with a latitude of -87.339550000000 and longitude of 35.437680000000, is in the state of Tennessee. The average asking price of houses and condos is $164,324.00 and the average sale price was $97,000.00. this regions is classified as the Nashville metro area and is in the 931 area code. The location in degrees is 35° 26' 15.648" N, 87° 20' 22.38" W. The county F.I.P.S. is 47099. The total land area is 97.6 square miles and the water area is 0.2 square miles. The elevation in this area is 853 - 1004 feet. The zip code is on central standard time and observes daylight savings time.
The zip 38483 is in county number 101 and is L. Sector 96, L. Segment 02, H. Sector 02, and H. Segment 02. The population was 5,974 in 2019 and 5,663 in 2010. This further breaks down to 2,968 males (49.7%) and 3,006 females (50.3%). The median age of residents is 37.2 years. The population of the greater Lawrenceburg, TN area is 41,203. The population density (people per square mile) is 61. This zip code has a combined total of 2,604 houses and condos. There are 554 rented appartments. 26% of residents rent versus the 26% 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 $38,160 and the average salary is $35,550. The median household income of individuals is $40,137.00 and the average is $45,900.00. This zip code has a mean commute time to work of 32.3 minutes. The unemployment rate is 7.9%. Income earners by percent breakdown as 61.90% (Under $50,000), 30.00% ($50,000-$100,000), and 8.00% earn over $100,000. 13.0% of residents live below poverty line versus the 13.9% in the state that are below this line. The cost of living index is 79.4. The educational breakdown is 80.6% have a high school education or higher, 11.0% have a bachelor's degree or higher, and 3.1% have some kind of profesional degree.
This area has 2,056 households and the average size is 2.8 people. Individuals who are single and have never been married are 25.5%, 54.2% are now married, 2.1% are separated, 6.5% are widowed, and 11.7% are divorced. The average yearly contribution amount given by people to charity was $4,029 versus the state average of $6,709. The percent of residents who gave to charity was 8.3%.
The estimated median value of houses and condos is $130,146. The median monthly owner costs of mortgage holders was $1,031, where as the costs for those who don't have a mortgage are $320. The median number of rooms in houses and condos are 6.0 versus apartments which had a median number of 5.1.
The real estate tax percent rate is 0.5% which equated to an average real estate tax amount payment of $657. 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 0.5% which amounted to an average tax amount of $681. 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 $630. Reported taxable interest for persons was $767, dividends $1,221, capital gains +$5,057, and itemized deductions $17,956. The average earned income tax credit is $2,282. The percent of individuals that use a tax preparer is 58.3%. The total average income taxes paid by individuals was $2,900. Businesses reported an average profit of $12,276.
Shaffer Farms Custom Meat
4 Vaughn Staggs Rd, Summertown, TN 38483
Dawn's Family Deli
131 Highway 20, Summertown, TN 38483
Krispy Krunchy Chicken
4927 Highway 43 N, Summertown, TN 38483
Bear Ridge Sporting Goods / Bbq
3480 Summertown Hwy, Summertown, TN 38483
Dawn's Family Deli
69 Highway 20, Summertown, TN 38483
Big D's Pizza
103 Highway 20, Summertown, TN 38483
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