ZIP code 38103: income, home prices and cost of living

The median household income in ZIP 38103 is $89,851, which is 56% above the Tennessee median of $57,414 and 31% above the national figure. The typical home is valued at $375,000, and the median rent is $1,499/month. 34.5% of households own their home.

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

Median household income

$89,851

Tennessee average
$57,41456%
National
$68,75031%

Median home value

$375,000

Tennessee average
$177,300112%
National
$209,60079%

Median gross rent

$1,499

Tennessee average
$84378%
National
$98452%

Median age

34.0 yrs

Tennessee average
41.8 yrs19%
National
41.0 yrs17%

Homeownership rate

34.5%

Tennessee average
76.7%55%
National
75.8%54%

Bachelor's degree or higher

29.8%

Tennessee average
12.1%146%
National
15.9%87%

How ZIP 38103 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.

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Homes in 38103 typically sell around $375,000. Compare what a vetted mortgage pro can actually offer you before you commit.

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Nearby ZIP codes in Tennessee

38104381053810638107381083810938111381123811438115

Or compare 38103 with 38104.

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What people search about ZIP 38103

Searches for the cost of living in 38103, the median household income in 38103, average rent in 38103 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.

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Methodology

Figures describe ZIP Code Tabulation Area 38103, 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.