37766, La Follette, TN

The 37766 zip code of La Follette, TN has a median home value of $128,000 and a median home equity value of $143,000. These values are higher than the national median home value of $76,500 and the national median home equity value of $142,000. The 37766 zip code also has a higher percentage of homes with a mortgage than the national average (50% vs. 39%). This may be due to the high level of home values and mortgage rates in this area.

The 37766 zip code is located in Williamson County, TN which is one of the most affluent counties in Tennessee. The percentage of households earning over $100,000 is above the state average (27%) and well above the national average (15%). This high level of income may be contributing to the high levels of home values and home equity in this area.

There are several factors that may contribute to the high levels of home values and home equity in La Follette, TN. First, there is a high level of income in this area which may lead to more homeownership opportunities and increased demand for homes. Second, Williamson County is one of the most affluent counties in Tennessee which may lead to more expensive homes available for purchase or rental. Third, La Follette is located in an affluent county which may lead to increased demand for housing relative to other areas within Tennessee or nationwide. Finally, La Follette has seen relatively little growth over recent years which may have kept prices relatively stable compared to other areas within Tennessee or nationwide