37311, Cleveland, TN

The 37311 zip code of Cleveland, TN has a population of around 35,000 people. The median household income in this zip code is $51,000 which is lower than the national median household income of $53,046. However, the percentage of households earning less than $30,000 a year is higher than the national percentage of 23%. The percentage of households earning more than $75,000 a year is also higher than the national percentage of 22%.

The average home value in this zip code is $122,500 which is lower than the national average home value of $157,700. However, the percentage of homes valued at less than $100,000 is higher than the national percentage of 15%. The percentage of homes valued at more than $200,000 is also higher than the national percentage of 12%.

There are a number factors that could contribute to why homes in this zip code are worth less on average compared to other areas in Tennessee. One potential reason could be that there are fewer high-value homes available for sale in Cleveland compared to other parts of Tennessee. Additionally, it may be harder for buyers who live outside Cleveland to access affordable financing options for purchasing a home in this area.