Nashville-Davidson--Murfreesboro--Franklin, TN · Tennessee
Wilson County
ZIP 37122
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 37122
Median home value
$397,000
Gross yield
6.6%
Buy Box score
0.5
Section 8 gap
60.6%
Affordability
P/I: 6.0R/I: 26.0%
Section 8 detail
SAFMR: $2,200Rent: $1,370Gap: 60.6%
ZIP code breakdown5 ZIP codes
| ZIP | Median home value | Rent (FMR 2BR) | Gross yield | Buy Box score ↓ | Section 8 gap |
|---|---|---|---|---|---|
| 37184 | $397,000 | $1,320 | 4.0% | 0.6 | -3.6% |
| 37122 | $397,000 | $2,200 | 6.6% | 0.5 | 60.6% |
| 37090 | $397,000 | $1,640 | 5.0% | 0.4 | 19.7% |
| 37087 | $397,000 | $1,390 | 4.2% | 0.4 | 1.5% |
| 37016 | $397,000 | $1,360 | 4.1% | — | -0.7% |
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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