Nashville-Davidson--Murfreesboro--Franklin, TN · Tennessee
Smith County
ZIP 38563
20,196 residents154 permits TTM$62,799 median HHI9 ZIP codesUpdated April 16, 2026
Investor first look
Median home value
$224,500
ACS 5-Year
Cap rate proxy
9.2%
FMR × 0.65 ÷ Home Value
Rent-to-income
16.8%
HUD FMR ÷ ACS HHI
Net migration
+2.05%
IRS SOI
Permits (TTM)
154
Census BPS
Climate risk
18.8
FEMA NRI (0–100)
ZIP 38563
Median home value
—
Gross yield
—
Buy Box score
0.4
Section 8 gap
—
Affordability
P/I: 4.8R/I: —
Section 8 detail
SAFMR: —Rent: —Gap: —
ZIP code breakdown9 ZIP codes
| ZIP | Median home value | Rent (FMR 2BR) | Gross yield | Buy Box score ↓ | Section 8 gap |
|---|---|---|---|---|---|
| 37145 | — | — | — | 0.6 | — |
| 37030 | — | — | — | 0.5 | — |
| 38560 | — | — | — | 0.5 | — |
| 38563 | — | — | — | 0.4 | — |
| 38547 | — | — | — | 0.3 | — |
| 37151 | — | — | — | — | — |
| 38552 | — | — | — | — | — |
| 38567 | — | — | — | — | — |
| 38569 | — | — | — | — | — |
Sort by any column. Click a ZIP for detail.
Demographics
Owner-occupied
75.5%
Census ACS
Vacancy rate
11.9%
Census ACS
Bachelor's degree +
17.9%
Census ACS
Rent burdened
28.1%
Census ACS (>30% income)
Median age
40.7
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