Morristown, TN · Tennessee
Jefferson County
ZIP 37890
55,835 residents329 permits TTM$63,084 median HHI5 ZIP codesUpdated April 16, 2026
Investor first look
Median home value
$210,000
ACS 5-Year
Cap rate proxy
5.0%
FMR × 0.65 ÷ Home Value
Rent-to-income
16.7%
HUD FMR ÷ ACS HHI
Net migration
+2.11%
IRS SOI
Permits (TTM)
329
Census BPS
Climate risk
44.9
FEMA NRI (0–100)
ZIP 37890
Median home value
—
Gross yield
—
Buy Box score
0.7
Section 8 gap
—
Affordability
P/I: 4.6R/I: —
Section 8 detail
SAFMR: —Rent: —Gap: —
ZIP code breakdown5 ZIP codes
| ZIP | Median home value | Rent (FMR 2BR) | Gross yield | Cap rate ↓ | Rent gap |
|---|---|---|---|---|---|
| 37890 | — | — | — | 3.6% | — |
| 37760 | — | — | — | 3.5% | — |
| 37877 | — | — | — | 3.5% | — |
| 37820 | — | — | — | 3.4% | — |
| 37725 | — | — | — | 2.8% | — |
Sort by any column. Click a ZIP for detail. Rent gap: green = HUD FMR above market rent.
Demographics
Owner-occupied
74.0%
Census ACS
Vacancy rate
15.4%
Census ACS
Bachelor's degree +
21.0%
Census ACS
Rent burdened
37.6%
Census ACS (>30% income)
Median age
44.1
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