ZIP comparison · Morristown, TN
37814 vs 37860
Side-by-side comparison of two ZIP codes — typical home value, rent, yield, taxes, schools, and demographics. The greener number on each row signals which ZIP comes out ahead on that metric.
| Metric | ZIP37814Morristown, TN | ZIP37860Russellville CDP, TN |
|---|---|---|
| Home value | ||
| Typical home value | $286,678 | Better: $301,390 |
| 1-year appreciation | Better: +4.4% | +3.4% |
| 5-year CAGR | +8.5% | Better: +8.7% |
| 10-year CAGR | +7.7% | Better: +7.9% |
| Rent & investment | ||
| Monthly rent | $1,471 | — |
| Gross yield | 6.2% | — |
| Cap rate | 3.7% | — |
| Property tax | ||
| Effective tax rate | 0.4% | Better: 0.3% |
| Typical annual tax | $1,151 | Better: $1,012 |
| Demographics | ||
| Population | 35,239 | 3,700 |
| Median household income | $55,650 | Better: $73,875 |
| Climate & migration | ||
| Overall risk (FEMA NRI) | Relatively Low | Relatively Low |
| Net migration | +356 | +356 |
| Schools | ||
| Public schools | 6 | 1 |
| Students enrolled | 3,016 | 648 |