Morristown, TN · Tennessee
Hamblen County
64,930 residents282 permits TTM$52,794 median HHI4 ZIP codesUpdated April 16, 2026
Investor first look
Median home value
$188,800
ACS 5-Year
Cap rate proxy
5.3%
FMR × 0.65 ÷ Home Value
Rent-to-income
19.0%
HUD FMR ÷ ACS HHI
Net migration
+1.57%
IRS SOI
Permits (TTM)
282
Census BPS
Climate risk
47.1
FEMA NRI (0–100)
ZIP code breakdown4 ZIP codes
| ZIP | Median home value | Rent (FMR 2BR) | Gross yield | Cap rate ↓ | Rent gap |
|---|---|---|---|---|---|
| 37814 | — | — | — | 5.3% | — |
| 37813 | — | — | — | 4.4% | — |
| 37891 | — | — | — | 3.9% | — |
| 37860 | — | — | — | 3.4% | — |
Sort by any column. Click a ZIP for detail. Rent gap: green = HUD FMR above market rent.
Demographics
Owner-occupied
68.3%
Census ACS
Vacancy rate
7.4%
Census ACS
Bachelor's degree +
20.1%
Census ACS
Rent burdened
42.8%
Census ACS (>30% income)
Median age
40.8
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