Tennessee
Decatur County
ZIP 38363
11,499 residents12 permits TTM$46,190 median HHI5 ZIP codesUpdated April 16, 2026
Investor first look
Median home value
$133,900
ACS 5-Year
Cap rate proxy
6.4%
FMR × 0.65 ÷ Home Value
Rent-to-income
18.6%
HUD FMR ÷ ACS HHI
Net migration
+0.57%
IRS SOI
Permits (TTM)
12
Census BPS
Climate risk
38.4
FEMA NRI (0–100)
ZIP 38363
Median home value
$157,207
Gross yield
7.1%
Cap rate
5.5%
Rent gap
22.6%
Affordability
P/I: 3.4R/I: —
Section 8 detail
SAFMR: $925Rent: $716Gap: 29.2%
ZIP code breakdown5 ZIP codes
| ZIP | Median home value | Rent (FMR 2BR) | Gross yield | Cap rate ↓ | Rent gap |
|---|---|---|---|---|---|
| 38311 | $133,900county est. | $925 | 8.3% | 6.4% | 22.6% |
| 38380 | $133,900county est. | $925 | 8.3% | 6.4% | 22.6% |
| 38363 | $157,207 | $925 | 7.1% | 5.5% | 22.6% |
| 38329 | $169,175 | $925 | 6.6% | 5.1% | 22.6% |
| 38374 | $172,790 | $925 | 6.4% | 5.0% | 22.6% |
Sort by any column. Click a ZIP for detail. Rent gap: green = HUD FMR above market rent.
Demographics
Owner-occupied
75.0%
Census ACS
Vacancy rate
32.6%
Census ACS
Bachelor's degree +
15.0%
Census ACS
Rent burdened
27.5%
Census ACS (>30% income)
Median age
45.9
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