37310, Charleston, TN

The 37310 zip code of Charleston, TN has a population of around 34,000 people and a median household income of $60,000. The home equity in this zip code is around $269,000 and the home prices are around $165,000. The percentage of homes that are owner-occupied is around 82% and the percentage of homes that are renter-occupied is around 18%. The average commute to work in this zip code is about 25 minutes.

There are a lot of factors that contribute to the high home equity and home prices in this zip code. First, the population density in this area is low which means there are fewer homes for sale than there are people who want to buy them. Second, the median household income in this zip code is high which means that people have a lot of money to put down on a house and they aren't as likely to need to borrow money to buy a house. Third, the percentage of owner-occupied homes in this zip code is high which means that more people feel comfortable investing their money into their home rather than renting it out or selling it quickly for cash. Fourth, the average commute time to work in this area is short which means that people have more time each day to spend working on their house instead of commuting. Fifth, there isn't much competition for houses in this zip code which means that buyers can get more bang for their buck when they're looking at houses here. Sixth, Charleston has been experiencing strong economic growth over the past few years which has led to an increase in both home equity and home prices.