37411, Chattanooga, TN

The 37411 zip code of Chattanooga, TN has a median home value of $153,200. This is higher than the national median home value of $117,500. The 37411 zip code also has a lower than average percentage of homeowners with a mortgage at 66%. This is higher than the national mortgage percentage of 63%. The 37411 zip code has a lower than average percentage of homeowners with student loan debt at 22%. This is lower than the national student loan debt percentage of 28%. The 37411 zip code has a higher than average percentage of homeowners with credit card debt at 34%. This is higher than the national credit card debt percentage of 29%.

There are several factors that may contribute to these differences in home values and homeowner debt levels in the 37411 zip code. One factor may be that homes in this area are more affordable compared to other areas in Tennessee. Another factor may be that Chattanooga residents have more equity in their homes due to low rates on mortgages and other loans over recent years. Finally, Chattanooga residents may be less likely to take on high-interest credit card debts due to their strong financial stability.