Johnson City, TN · Tennessee
Carter County
56,462 residents172 permits TTM$48,435 median HHI5 ZIP codesUpdated April 16, 2026
Investor first look
Median home value
$157,200
ACS 5-Year
Cap rate proxy
5.6%
FMR × 0.65 ÷ Home Value
Rent-to-income
18.3%
HUD FMR ÷ ACS HHI
Net migration
+1.56%
IRS SOI
Permits (TTM)
172
Census BPS
Climate risk
63.2
FEMA NRI (0–100)
ZIP code breakdown5 ZIP codes
| ZIP | Median home value | Rent (FMR 2BR) | Gross yield | Cap rate ↓ | Rent gap |
|---|---|---|---|---|---|
| 37682 | — | — | — | 5.6% | — |
| 37643 | — | — | — | 5.4% | — |
| 37658 | — | — | — | 4.5% | — |
| 37687 | — | — | — | 3.8% | — |
| 37694 | — | — | — | 3.7% | — |
Sort by any column. Click a ZIP for detail. Rent gap: green = HUD FMR above market rent.
Demographics
Owner-occupied
74.1%
Census ACS
Vacancy rate
13.6%
Census ACS
Bachelor's degree +
20.7%
Census ACS
Rent burdened
30.8%
Census ACS (>30% income)
Median age
45.8
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