Housing market/Tennessee/ZIP 38305

ACS 2023 · FY2027 SAFMR

ZIP 38305 Jackson, Carroll County, Tennessee

Carroll 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
53,366
Households
21,347
Median HH income
$66,292
Renter share
34.8%
Median gross rent
$1,201
Vacancy
7.0%
Pop. change
+1.3%
2BR SAFMR
$1,500
SAFMR / rent
1.249×
2–49 unit stock
4,829
LIHTC proj / units
5 / 560
HUD assisted MF
2 / 198

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 38305 · TN — sent to you.

ZIP 38305 · TN

ACS median rent$1,201
2BR SAFMR$1,500
90% floor$1,350
110% ceiling$1,650

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

Housing stock

ACS 2023 units-in-structure · ZCTA 38305

  • 1-unit detached16,21070.7%
  • 1-unit attached6953.0%
  • 2–4 units2,44410.7%
  • 5–49 units2,38510.4%
  • 50+ units4391.9%
  • Mobile7523.3%
TypeUnitsShare
1-unit detached16,21070.6%
1-unit attached6953.0%
2 units (duplex)9284.0%
3–4 units1,5166.6%
5–9 units1,7707.7%
10–19 units5122.2%
20–49 units1030.4%
50+ units4391.9%
Mobile7523.3%

2–4 unit share 10.6% · 5–49 unit share 10.4% · combined 2–49 21.0%.

Units by bedrooms

Studio
360
1BR
1,083
2BR
4,769
3BR
10,525
4BR
5,135
5+
1,078

Rent burden

Rent ≥30% of income54.4%
Rent ≥50% of income30.7%
  • ACS median gross rent $1,201 (all bedrooms, occupied rentals).
  • Median contract rent $924.
  • Renters paying ≥30% of income 54.4%; ≥50% 30.7%.
  • FY2027 2BR SAFMR $1,500 (1.249× ACS median gross rent).

Population

53,366 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: +1.3%.

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

Assisted inventory

  • LIHTC: 5 projects, 560 units.
  • HUD project-based assisted MF: 2 properties, 198 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 38305 34.8% of occupied households are renters; vacancy is 7.0%; ACS median gross rent is $1,201; population increased +1.3% between the 2018 and 2023 ACS vintages; the housing stock includes 2,444 units in 2–4-unit structures and 2,385 units in 5–49-unit structures; 5 LIHTC projects totaling 560 units; FY2027 2BR SAFMR is $1,500 versus ACS median gross rent of $1,201. 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 38305 is a Census / HUD profile for Carroll 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 38305?

ZIP 38305 (Carroll County, TN) has 53,366 residents, 21,347 households, a renter share of 34.8%, median household income of $66,292, and ACS 2023 median gross rent of $1,201. Vacancy is 7.0%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 38305?

ACS counts 928 units in 2-unit buildings, 1,516 in 3–4 unit buildings, 1,770 in 5–9, 512 in 10–19, and 103 in 20–49. Combined 2–49 unit stock is 4,829 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 38305?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,500. See the full schedule and 90–110% payment-standard band on the ZIP 38305 — Jackson, TN HUD Section 8 Payment Standards / SAFMR.

Does this Tennessee ZIP profile include Georgia listings?

No. ZIP 38305 is Census / HUD research for Carroll 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.