Nashville-Davidson--Murfreesboro--Franklin, TN · Tennessee
Wilson County
ZIP 37016
153,587 residents1,993 permits TTM$94,048 median HHI5 ZIP codesUpdated April 16, 2026
Investor first look
Median home value
$397,000
ACS 5-Year
Cap rate proxy
5.2%
FMR × 0.65 ÷ Home Value
Rent-to-income
17.5%
HUD FMR ÷ ACS HHI
Net migration
+2.99%
IRS SOI
Permits (TTM)
1,993
Census BPS
Climate risk
80.0
FEMA NRI (0–100)
ZIP 37016
Median home value
$397,000
Gross yield
4.1%
Buy Box score
—
Section 8 gap
-0.7%
Affordability
P/I: 4.1R/I: —
Section 8 detail
SAFMR: $1,360Rent: $1,370Gap: -0.7%
ZIP code breakdown5 ZIP codes
| ZIP | Median home value | Rent (FMR 2BR) | Gross yield | Cap rate ↓ | Rent gap |
|---|---|---|---|---|---|
| 37087 | $431,481 | $1,390 | 3.9% | 4.7% | -21.9% |
| 37090 | $448,033 | $1,640 | 4.4% | 4.4% | -1.0% |
| 37122 | $562,253 | $2,200 | 4.7% | 4.4% | 7.3% |
| 37016 | $397,000county est. | $1,360 | 4.1% | 4.1% | -0.7% |
| 37184 | $419,943 | $1,320 | 3.8% | 3.9% | -3.8% |
Sort by any column. Click a ZIP for detail. Rent gap: green = HUD FMR above market rent.
Demographics
Owner-occupied
76.8%
Census ACS
Vacancy rate
7.2%
Census ACS
Bachelor's degree +
37.2%
Census ACS
Rent burdened
43.3%
Census ACS (>30% income)
Median age
39.9
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