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ZIP 38101 — Housing & Real Estate

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

Middle Class

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 38101

Median Home Value
$386,000
Median Rent
$1,401
Affordability Snapshot
$106,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$2,480/mo PITI).

22%
Rent-to-Income Ratio

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

5.0x
Home Price-to-Income Ratio

Well above the 3-5x guideline — challenging for first-time buyers.

23.0 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 38101, a household would need roughly $106,000 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 $2,480. That is about 38% above the local median household income ($76,607), so the median earner would likely stretch or need a larger down payment. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Diverse housing tenure.

Heating Fuel
Housing Metrics
Owner Occupied
36.6%-44% vs US avg
x
Vacancy Rate
4.3%-58% vs US avg
x
Broadband Access
88.2%+1% vs US avg
x
4+ Bedrooms
0.1%-99% vs US avg
x
Built Pre-1939
2.8%-78% vs US avg
x
Built Post-2014
1.2%-83% vs US avg
x
Rent Burden >30%
22.3%-55% vs US avg
x
Mortgage-Free
22.9%-40% vs US avg
x
$386,000
Home Value
$1,401
Rent
2004
Year Built
2018
Moved In

Residents have lived here since ~2018 on average

Housing Structure

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

  • 1-unit detached7.9%
  • 1-unit attached10.1%
  • 2-9 units12.6%
  • 10+ units69.3%
  • Mobile home & other0.0%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$386,000
Median rent$1,401
Owner-occupied36.6%
Vacant4.3%
Price-to-income5.0x
Est. income to buy$106,000