ZIP code 37203: income, home prices and cost of living

The median household income in ZIP 37203 is $63,834, which is 11% above the Tennessee median of $57,414 and 7% below the national figure. The typical home is valued at $441,700, and the median rent is $1,738/month. 19.2% of households own their home.

Source: U.S. Census Bureau, American Community Survey (5-year). Latest observation ACS 2022.

Median household income

$63,834

Tennessee average
$57,41411%
National
$68,7507%

Median home value

$441,700

Tennessee average
$177,300149%
National
$209,600111%

Median gross rent

$1,738

Tennessee average
$843106%
National
$98477%

Median age

31.0 yrs

Tennessee average
41.8 yrs26%
National
41.0 yrs24%

Homeownership rate

19.2%

Tennessee average
76.7%75%
National
75.8%75%

Bachelor's degree or higher

36.6%

Tennessee average
12.1%202%
National
15.9%130%

How ZIP 37203 compares with Tennessee and the U.S.

State and national bars are the median across ZIP Code Tabulation Areas. Source: U.S. Census Bureau, American Community Survey (5-year), 2022.

See today's rates for homes in your area

Homes in 37203 typically sell around $441,700. Compare what a vetted mortgage pro can actually offer you before you commit.

Talk to a mortgage pro

Nearby ZIP codes in Tennessee

37204372053720637207372083720937210372113721237214

Or compare 37203 with 37204.

Run your own numbers

Cost of living calculatorBudget calculatorMortgage calculator

See every local figure on the Tennessee money guide.

What people search about ZIP 37203

Searches for the cost of living in 37203, the median household income in 37203, average rent in 37203 and home values in this part of Tennessee all come back to the same Census figures shown above. Use them alongside a mortgage payment estimate, a property tax estimate and a household budget before you compare this ZIP code with a neighbouring one.

  • cost of living in 37203
  • median household income in 37203
  • home values in 37203
  • average rent in 37203
  • property tax in 37203
  • housing market in 37203

Methodology

Figures describe ZIP Code Tabulation Area 37203, the Census Bureau's statistical approximation of the ZIP code. Values are median estimates for the five-year period ending 2022.

State and national benchmarks are the median of all ZCTAs in that geography with at least 1,000 residents, computed by us from the same public dataset.

Sources: U.S. Census Bureau, American Community Survey (5-year). American Community Survey 5-year estimates, 2022.