Housing market/Tennessee/ZIP 37331

ACS 2023 · FY2027 SAFMR

ZIP 37331 Etowah, McMinn County, Tennessee

McMinn 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
7,653
Households
2,985
Median HH income
$56,484
Renter share
22.8%
Median gross rent
$837
Vacancy
19.8%
Pop. change
+3.0%
2BR SAFMR
$1,110
SAFMR / rent
1.326×
2–49 unit stock
154
LIHTC proj / units
—
HUD assisted MF
1 / 16

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 37331 · TN — sent to you.

ZIP 37331 · TN

ACS median rent$837
2BR SAFMR$1,110
90% floor$999
110% ceiling$1,221

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

Housing stock

ACS 2023 units-in-structure · ZCTA 37331

  • 1-unit detached3,19085.7%
  • 1-unit attached140.4%
  • 2–4 units1323.5%
  • 5–49 units220.6%
  • Mobile3639.8%
TypeUnitsShare
1-unit detached3,19085.7%
1-unit attached140.4%
2 units (duplex)1072.9%
3–4 units250.7%
5–9 units140.4%
10–19 units00.0%
20–49 units80.2%
50+ units00.0%
Mobile3639.8%

2–4 unit share 3.5% · 5–49 unit share 0.6% · combined 2–49 4.1%.

Units by bedrooms

Studio
0
1BR
161
2BR
841
3BR
2,187
4BR
359
5+
173

Rent burden

Rent ≥30% of income55.9%
Rent ≥50% of income14.4%
  • ACS median gross rent $837 (all bedrooms, occupied rentals).
  • Median contract rent $583.
  • Renters paying ≥30% of income 55.9%; ≥50% 14.4%.
  • FY2027 2BR SAFMR $1,110 (1.326× ACS median gross rent).

Population

7,653 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: +3.0%.

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, 16 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 37331 22.8% of occupied households are renters; vacancy is 19.8%; ACS median gross rent is $837; population increased +3.0% between the 2018 and 2023 ACS vintages; the housing stock includes 132 units in 2–4-unit structures and 22 units in 5–49-unit structures; FY2027 2BR SAFMR is $1,110 versus ACS median gross rent of $837. 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 37331 is a Census / HUD profile for McMinn 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 37331?

ZIP 37331 (McMinn County, TN) has 7,653 residents, 2,985 households, a renter share of 22.8%, median household income of $56,484, and ACS 2023 median gross rent of $837. Vacancy is 19.8%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 37331?

ACS counts 107 units in 2-unit buildings, 25 in 3–4 unit buildings, 14 in 5–9, 0 in 10–19, and 8 in 20–49. Combined 2–49 unit stock is 154 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 37331?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,110. See the full schedule and 90–110% payment-standard band on the ZIP 37331 — Etowah, TN HUD Section 8 Payment Standards / SAFMR.

Does this Tennessee ZIP profile include Georgia listings?

No. ZIP 37331 is Census / HUD research for McMinn 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.