Housing market/Tennessee/ZIP 38544
ZIP 38544 Baxter, Putnam County, Tennessee
Putnam County, TN · Tennessee. Census housing stock, renter economics, HUD SAFMR, LIHTC, and population change. Not a listing page and not a buy/sell score.
ZIP brief
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HUD schedule, ACS stock, and the 90–110% band for ZIP 38544 · TN — sent to you.
ZIP 38544 · TN
ACS rent vs 2BR SAFMR
ZIP 38544 — Baxter, TN HUD Section 8 Payment Standards / SAFMR →ACS median is all-bedroom occupied rent. SAFMR is the 2-bedroom HCV benchmark.
Housing stock
ACS 2023 units-in-structure · ZCTA 38544
- 1-unit detached2,57077.2%
- 1-unit attached220.7%
- 2–4 units581.7%
- 5–49 units361.1%
- Mobile64119.3%
2–4 unit share 1.7% · 5–49 unit share 1.1% · combined 2–49 2.8%.
Units by bedrooms
Rent burden
- ACS median gross rent $904 (all bedrooms, occupied rentals).
- Median contract rent $762.
- Renters paying ≥30% of income 35.6%; ≥50% 22.6%.
- FY2027 2BR SAFMR $1,100 (1.217× ACS median gross rent).
Population
7,413 residents · ACS 2023
Change versus the 2018 ACS 5-year estimate: +2.7%.
ACS 5-year estimates lag current construction. This is not a forecast.
Assisted inventory
- LIHTC: 1 projects, 20 units.
- HUD project-based assisted MF: not published for this ZIP.
- HCV household counts (Picture of Subsidized Households) are not on this page yet.
New apartment permits
About 35 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 38544 21.2% of occupied households are renters; vacancy is 14.9%; ACS median gross rent is $904; population increased +2.7% between the 2018 and 2023 ACS vintages; the housing stock includes 58 units in 2–4-unit structures and 36 units in 5–49-unit structures; 1 LIHTC projects totaling 20 units; FY2027 2BR SAFMR is $1,100 versus ACS median gross rent of $904. 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 38544 is a Census / HUD profile for Putnam County, TN. Not a listing page. Brokerage is Georgia; out-of-state work is referral.
ZIP 38544 — Baxter, TN HUD Section 8 Payment Standards / SAFMR·Tennessee ZIP directory
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 38544?
ZIP 38544 (Putnam County, TN) has 7,413 residents, 2,831 households, a renter share of 21.2%, median household income of $66,801, and ACS 2023 median gross rent of $904. Vacancy is 14.9%. These are ZCTA estimates, not a property rent roll.
How much small multifamily housing is in 38544?
ACS counts 35 units in 2-unit buildings, 23 in 3–4 unit buildings, 21 in 5–9, 15 in 10–19, and 0 in 20–49. Combined 2–49 unit stock is 94 units. This is occupied-and-vacant stock, not listings for sale.
What is the Section 8 rent in 38544?
The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,100. See the full schedule and 90–110% payment-standard band on the ZIP 38544 — Baxter, TN HUD Section 8 Payment Standards / SAFMR.
Does this Tennessee ZIP profile include Georgia listings?
No. ZIP 38544 is Census / HUD research for Putnam 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.