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Erin city, TN

ZIP 37061 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Working ClassLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 37061

Median Home Value
$170,000
Median Rent
$458
Affordability Snapshot
$47,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$1,092/mo PITI).

10%
Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

3.1x
Home Price-to-Income Ratio

Within the typical 3-5x range for home affordability.

30.9 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 37061 in Erin city, TN, a household would need roughly $47,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $1,092. That sits below the local median household income ($54,396), suggesting the typical household income is closer to a workable buy-in level under these assumptions. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Vacancy rate 18% — check local market conditions.

Heating Fuel
Housing Metrics
Owner Occupied
75.9%+16% vs US avg
x
Vacancy Rate
17.7%+72% vs US avg
x
Broadband Access
79.2%-9% vs US avg
x
4+ Bedrooms
1.7%-89% vs US avg
x
Built Pre-1939
4.0%-68% vs US avg
x
Built Post-2014
1.4%-79% vs US avg
x
Rent Burden >30%
14.2%-72% vs US avg
x
Mortgage-Free
58.5%+53% vs US avg
x
$170,000
Home Value
$458
Rent
1981
Year Built
2012
Moved In

Residents have lived here since ~2012 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached73.8%
  • 1-unit attached1.6%
  • 2-9 units4.5%
  • 10+ units0.4%
  • Mobile home & other19.7%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$170,000
Median rent$458
Owner-occupied75.9%
Vacant17.7%
Price-to-income3.1x
Est. income to buy$47,000