Housing market/Tennessee/ZIP 37324

ACS 2023 · FY2027 SAFMR

ZIP 37324 Decherd, Grundy County, Tennessee

Grundy County, TN · Tennessee. Census housing stock, renter economics, HUD SAFMR, LIHTC, and population change. Not a listing page and not a buy/sell score.

Population
5,168
Households
2,249
Median HH income
$44,563
Renter share
40.9%
Median gross rent
$844
Vacancy
11.5%
Pop. change
-9.1%
2BR SAFMR
$1,020
SAFMR / rent
1.209×
2–49 unit stock
563
LIHTC proj / units
—
HUD assisted MF
1 / 20

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 37324 · TN — sent to you.

ZIP 37324 · TN

ACS median rent$844
2BR SAFMR$1,020
90% floor$918
110% ceiling$1,122

ACS median is all-bedroom occupied rent. SAFMR is the 2-bedroom HCV benchmark.

Housing stock

ACS 2023 units-in-structure · ZCTA 37324

  • 1-unit detached1,66365.7%
  • 1-unit attached582.3%
  • 2–4 units47818.9%
  • 5–49 units853.4%
  • Mobile2479.8%
TypeUnitsShare
1-unit detached1,66365.4%
1-unit attached582.3%
2 units (duplex)41616.4%
3–4 units622.4%
5–9 units813.2%
10–19 units00.0%
20–49 units40.2%
50+ units00.0%
Mobile2479.7%

2–4 unit share 18.8% · 5–49 unit share 3.3% · combined 2–49 22.1%.

Units by bedrooms

Studio
83
1BR
123
2BR
733
3BR
1,298
4BR
257
5+
48

Rent burden

Rent ≥30% of income53.5%
Rent ≥50% of income9.7%
  • ACS median gross rent $844 (all bedrooms, occupied rentals).
  • Median contract rent $625.
  • Renters paying ≥30% of income 53.5%; ≥50% 9.7%.
  • FY2027 2BR SAFMR $1,020 (1.209× ACS median gross rent).

Population

5,168 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: -9.1%.

ACS 5-year estimates lag current construction. This is not a forecast.

Assisted inventory

  • LIHTC: not published for this ZIP.
  • HUD project-based assisted MF: 1 properties, 20 assisted units.
  • HCV household counts (Picture of Subsidized Households) are not on this page yet.

New apartment permits

About 0 new apartments in 5+ unit buildings may have been permitted in this ZIP’s share of the county. That is units (doors), not a building count.

Cities and counties report building permits to the Census. Apartment counts are for the whole county, not a project list in this ZIP.

What the data shows

ZIP 37324 40.9% of occupied households are renters; vacancy is 11.5%; ACS median gross rent is $844; population changed -9.1% between the 2018 and 2023 ACS vintages; the housing stock includes 478 units in 2–4-unit structures and 85 units in 5–49-unit structures; FY2027 2BR SAFMR is $1,020 versus ACS median gross rent of $844. These figures describe the underlying housing market, not the cash flow of any one property. Asking rents, expenses, condition, taxes, insurance, and the rent roll have to be underwritten separately.

Tennessee research

ZIP 37324 is a Census / HUD profile for Grundy County, TN. Not a listing page. Brokerage is Georgia; out-of-state work is referral.

Nearby ZIPs in this FMR area

Census ZIP areas approximate mail ZIPs. Sources: Census ACS 5-year 2023, HUD FY2027 Small Area FMR, HUD LIHTC and assisted multifamily lists, Census building permits (county). This page is Tennessee research. Brokerage is Georgia.

FAQ

What is the housing market like in ZIP 37324?

ZIP 37324 (Grundy County, TN) has 5,168 residents, 2,249 households, a renter share of 40.9%, median household income of $44,563, and ACS 2023 median gross rent of $844. Vacancy is 11.5%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 37324?

ACS counts 416 units in 2-unit buildings, 62 in 3–4 unit buildings, 81 in 5–9, 0 in 10–19, and 4 in 20–49. Combined 2–49 unit stock is 563 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 37324?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,020. See the full schedule and 90–110% payment-standard band on the ZIP 37324 — Decherd, TN HUD Section 8 Payment Standards / SAFMR.

Does this Tennessee ZIP profile include Georgia listings?

No. ZIP 37324 is Census / HUD research for Grundy County, TN. Jeff Crowe CRE does not list Tennessee property. Licensed brokerage is Georgia. If you use this stock table and then buy in Georgia, live FMLS Residential Income is on multifamily for sale in Georgia.