37312, Cleveland, TN

The 37312 zip code of Cleveland, TN has a population of around 30,000 people. The median household income in this zip code is around $60,000, which is lower than the national median household income of $53,046. However, the homeownership rate in this zip code is around 68%, which is higher than the national homeownership rate of 63%. This means that there are a lot of homes in this zip code that are owned by individuals or families.

One reason why the homeownership rate in this zip code is high is because there are a lot of people who have been able to build up equity in their homes over time. This equity can be used to help pay down debt or to fund other investments. Additionally, home prices in this zip code have been relatively stable over the past few years. This means that even if someone does not have a lot of money saved up they should still be able to purchase a home in this area because prices haven't gone up too much over the past few years.