Tennessee
Carroll County
ZIP 38220
28,461 residents13 permits TTM$50,391 median HHI12 ZIP codesUpdated April 16, 2026
Investor first look
Median home value
$122,100
ACS 5-Year
Cap rate proxy
7.4%
FMR × 0.65 ÷ Home Value
Rent-to-income
18.0%
HUD FMR ÷ ACS HHI
Net migration
+1.38%
IRS SOI
Permits (TTM)
13
Census BPS
Climate risk
72.8
FEMA NRI (0–100)
ZIP 38220
Median home value
$122,100
Gross yield
9.1%
Buy Box score
0.5
Section 8 gap
—
Affordability
P/I: 2.9R/I: —
Section 8 detail
SAFMR: —Rent: —Gap: —
ZIP code breakdown12 ZIP codes
| ZIP | Median home value | Rent (FMR 2BR) | Gross yield | Buy Box score ↓ | Section 8 gap |
|---|---|---|---|---|---|
| 38258 | $122,100 | $925 | 9.1% | 0.7 | — |
| 38317 | $122,100 | $925 | 9.1% | 0.5 | — |
| 38220 | $122,100 | $925 | 9.1% | 0.5 | — |
| 38342 | $122,100 | $925 | 9.1% | 0.5 | — |
| 38201 | $122,100 | $925 | 9.1% | 0.4 | — |
| 38344 | $122,100 | $925 | 9.1% | 0.3 | — |
| 38321 | $122,100 | $925 | 9.1% | 0.3 | — |
| 38235 | $122,100 | $925 | 9.1% | — | — |
| 38318 | $122,100 | $925 | 9.1% | — | — |
| 38348 | $122,100 | $925 | 9.1% | — | — |
| 38387 | $122,100 | $925 | 9.1% | — | — |
| 38390 | $122,100 | $925 | 9.1% | — | — |
Sort by any column. Click a ZIP for detail.
Demographics
Owner-occupied
74.8%
Census ACS
Vacancy rate
14.1%
Census ACS
Bachelor's degree +
18.9%
Census ACS
Rent burdened
34.8%
Census ACS (>30% income)
Median age
41.6
Census ACS
U.S. Census Bureau — American Community Survey 5-Year Estimates
U.S. Census Bureau — Building Permits Survey
U.S. Department of Housing and Urban Development — Fair Market Rents / Small Area Fair Market Rents (SAFMR)
Internal Revenue Service — Statistics of Income Migration Data
FEMA — National Risk Index
Last updated: April 16, 2026