Interested in purchasing investment houses in the 37216 zip code in Nashville, TN?
The zip code 37216 is in Davidson county with a latitude of -86.726490000000 and longitude of 36.216060000000, is in the state of Tennessee. The average asking price of houses and condos is $152,625.00 and the average sale price was $136,209.00. this regions is classified as the Nashville metro area and consists of the following area codes: 615 and 629. The location in degrees is 36° 12' 57.816" N, 86° 43' 35.364" W. The county F.I.P.S. is 47037. The total land area is 6.8 square miles and the water area is 0.1 square miles. The elevation in this area is 456 - 551 feet. The zip code is on central standard time and observes daylight savings time.
The zip 37216 is in county number 037 and is L. Sector 00, L. Segment 01, H. Sector 80, and H. Segment 80. The population was 18,042 in 2019 and 17,848 in 2010. This further breaks down to 8,971 males (49.7%) and 9,071 females (50.3%). The median age of residents is 37.1 years. The population of the greater Nashville-Davidson--Murfreesboro, TN area is 1,608,074. The population density (people per square mile) is 2,665. This zip code has a combined total of 8,944 houses and condos. There are 2,501 rented appartments. 31% of residents rent versus the 31% 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 $38,906 and the average salary is $36,637. The median household income of individuals is $46,643.00 and the average is $60,530.00. This zip code has a mean commute time to work of 25.3 minutes. The unemployment rate is 4.3%. Income earners by percent breakdown as 52.90% (Under $50,000), 35.90% ($50,000-$100,000), and 11.20% earn over $100,000. 10.5% of residents live below poverty line versus the 13.9% in the state that are below this line. The cost of living index is 90.4. The educational breakdown is 92.4% have a high school education or higher, 43.2% have a bachelor's degree or higher, and 13.0% have some kind of profesional degree.
This area has 7,792 households and the average size is 2.2 people. Individuals who are single and have never been married are 41.0%, 38.1% are now married, 1.5% are separated, 5.6% are widowed, and 13.8% are divorced. The average yearly contribution amount given by people to charity was $3,421 versus the state average of $6,709. The percent of residents who gave to charity was 17.2%.
The estimated median value of houses and condos is $300,874. The median monthly owner costs of mortgage holders was $1,357, where as the costs for those who don't have a mortgage are $488. The median number of rooms in houses and condos are 6.2 versus apartments which had a median number of 4.7.
The real estate tax percent rate is 0.6% which equated to an average real estate tax amount payment of $1,955. 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 0.7% which amounted to an average tax amount of $1,970. 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 $1,931. Reported taxable interest for persons was $627, dividends $2,130, capital gains +$5,498, and itemized deductions $14,955. The average earned income tax credit is $2,040. The percent of individuals that use a tax preparer is 41.8%. The total average income taxes paid by individuals was $3,390. Businesses reported an average profit of $10,183.
Bang Bang Hibachi Grill & Sushi
3720 Dickerson Pike, Nashville, TN 37207 (2.7 miles away)
LongHorn Steakhouse
2021 Gallatin Pike N Ste 296, Madison, TN 37115 (3.5 miles away)
The Old Spaghetti Factory
160 2nd Ave N, Nashville, TN 37201 (4.4 miles away)
Morton's The Steakhouse
618 Church St, Nashville, TN 37219 (4.5 miles away)
Caney Fork River Valley Grille
2400 Music Valley Dr, Nashville, TN 37214 (5 miles away)
Jimmy Kelly's
217 Louise Ave, Nashville, TN 37203 (5.7 miles away)
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