HousingHandbookReference data

U.S. ZIP Code · TN37016

Wilson County · Nashville-Davidson--Murfreesboro--Franklin, TN

Typical home value

$397,060[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
+3.1%
5-year / yr
+7.6%
10-year / yr
+8.8%

Relative price

vs U.S.
+39.8%
vs metro
-2.6%
vs state
+50.0%
ZIP 37016 location in TN
Location of ZIP 37016 in TN

Price history

Zillow Home Value Index — monthly, smoothed and seasonally adjusted.

The typical home in 37016 is worth $397,060 — 2.6% below the Nashville-Davidson--Murfreesboro--Franklin, TN median. Over the past year, values have risen 3.1%. The effective property tax rate is 0.4%.

#Rent & investment

Typical asking rent, and the returns it implies at the current home value.

Monthly rent
[2]
Gross yield
[2]
Cap rate
[2]

#Property tax

Effective rate — total real estate taxes paid relative to total home value.

Effective tax rate
0.4%[3]
Typical annual tax
$1,448[3]

#Climate risk

FEMA National Risk Index ratings for Wilson County. "Not Applicable" means the hazard does not threaten the county.

Overall risk
Relatively Low[4]
Riverine flood
Relatively Moderate
Coastal flood
Not Applicable
Wildfire
Very Low
Drought
Relatively Low
Heat wave
Relatively Low
Hurricane
Very Low
Tornado
Relatively Moderate
Earthquake
Relatively Low
Winter weather
Relatively High

#Who lives here

Population
900[3]
Median household income
$64,821[3]

#Migration

Household moves in and out of Wilson County over a year, from IRS tax-return data.

Net migration
+1,934[5]
Moved in
7,109
Moved out
5,175

Run the numbers

Interactive calculators pre-filled with this ZIP's typical home value, rent, and property-tax rate. Edit any field to recompute.

Gross yield
Net yield (after ~40% expenses)
Annual rent

Gross and net yield are estimates based on the inputs and the selected expense ratio. Actual income and expenses will vary by property and market. Not investment advice.

Monthly payment$2,008
Loan principal$317,648
Down payment$79,412
Total interest paid$405,142

Estimated monthly payments include principal and interest only. Actual costs will include property tax, insurance, possibly PMI, and HOA fees not modeled here. Loan terms shown are estimates; consult a licensed lender for current rates and qualification.

Own : rent ratio
Monthly cost to own$2,458
Monthly rent

This calculator projects multi-year scenarios based on assumptions about appreciation, rent growth, and investment returns — none of which are guaranteed. Actual outcomes depend on variables this tool cannot know. Not financial or real estate advice.

#Metro ranking

Where this ZIP sits among others in its metro area.

Appreciation
86th percentile[1]
Rental yield
[2]
Property tax
21st percentile[3]

Rankings

Top-10 lists this ZIP code appears on.

Frequently asked

How much is a home worth in ZIP code 37016?
The typical home in 37016 is worth $397,060, based on the Zillow Home Value Index.
Are home values rising in 37016?
Home values in 37016 are up 3.1% over the past year, and up 7.6% a year over five years.
What is the property tax rate in 37016?
The effective property tax rate in 37016 is 0.4% — roughly $1,448 a year on a typical home.
Who lives in 37016?
ZIP code 37016 has a population of 900 and a median household income of $64,821.

#Comparable ZIPs

Same metro, nearest typical home value. Each card shows the comparable ZIP's headline numbers so you can scan at a glance.

  • TN

    Typical home
    $394,697
    Gross yield
  • Nashville-Davidson metropolitan government (balance), TN

    Typical home
    $400,971
    Gross yield
    4.3%
  • Nashville-Davidson metropolitan government (balance), TN

    Typical home
    $391,863
    Gross yield
    6.5%
  • Pleasant View, TN

    Typical home
    $402,926
    Gross yield
  • White House, TN

    Typical home
    $390,480
    Gross yield
    5.5%
  • Greenbrier, TN

    Typical home
    $389,767
    Gross yield

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