38024, Dyersburg, TN

The 38024 zip code of Dyersburg, TN has a median home value of $101,000 and a median home equity of $71,000. This is significantly lower than the national median home value of $177,500 and the regional median home equity of $119,700. The 38024 zip code also has a significantly lower homeownership rate than the national homeownership rate of 68.9% and the regional homeownership rate of 73.5%.

One explanation for these low home values may be that the 38024 zip code is located in one of Tennessee's poorest counties. The poverty rate in Williamson County is 27.1%, which is higher than both the Tennessee poverty rate (21%) and national poverty rate (15%). Additionally, Williamson County has one of the highest unemployment rates in Tennessee (8.4%), which may contribute to low home values.

Despite these challenges, there are some reasons to believe that homes in the 38024 zip code will continue to appreciate over time. First, Williamson County is experiencing an economic renaissance thanks to new businesses and jobs being created in recent years. Second, Williamson County residents have a strong desire to own their homes due to its strong historical ties to the community and its lack of available housing options outside of Dyersburg itself. Finally, Williamson County residents are generally well-educated and have good job prospects – factors that are likely to lead them to invest in their homes over time