HousingHandbookReference data

U.S. ZIP Code · TN37416

Hamilton County · Chattanooga, TN-GA

Typical home value

$293,222[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
-1.3%
5-year / yr
+5.9%
10-year / yr
+7.2%

Relative price

vs U.S.
+3.2%
vs metro
-2.4%
vs state
+10.8%
ZIP 37416 location in TN
Location of ZIP 37416 in TN

Price history

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

The typical home in 37416 is worth $293,222 — 2.4% below the Chattanooga, TN-GA median. Over the past year, values have fallen 1.3%. Homes here rent for a typical $1,321 a month — a 5.4% gross rental yield. The effective property tax rate is 0.7%.

#Rent & investment

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

Monthly rent
$1,321[2]
Gross yield
5.4%[2]
Cap rate
3.2%[2]

#Property tax

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

Effective tax rate
0.7%[3]
Typical annual tax
$1,976[3]

#Climate risk

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

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

#Who lives here

Population
13,919[3]
Median household income
$70,705[3]

#Migration

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

Net migration
+1,834[5]
Moved in
10,809
Moved out
8,975

Schools

Open public schools in this ZIP, from the NCES Common Core of Data.

Public schools
2
Elementary
1
Middle
0
High
0
  • Chattanooga School For The Liberal Arts

    Other · Grades K–12 · Hamilton County

    923 students

  • Harrison Elementary School

    Elementary · Grades PK–5 · Hamilton County

    884 students

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 yield5.4%
Net yield (after ~40% expenses)3.2%
Annual rent$15,846

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$1,483
Loan principal$234,577
Down payment$58,644
Total interest paid$299,191

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 ratio1.43
Monthly cost to own$1,891
Monthly rent$1,321

Renting is meaningfully cheaper month-to-month.

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
29th percentile[1]
Rental yield
53rd percentile[2]
Property tax
54th percentile[3]

Frequently asked

How much is a home worth in ZIP code 37416?
The typical home in 37416 is worth $293,222, based on the Zillow Home Value Index.
Are home values rising in 37416?
Home values in 37416 are down 1.3% over the past year, and up 5.9% a year over five years.
What is the typical rent in 37416?
A typical home in 37416 rents for about $1,321 a month, a gross rental yield of 5.4%.
What is the property tax rate in 37416?
The effective property tax rate in 37416 is 0.7% — roughly $1,976 a year on a typical home.
Who lives in 37416?
ZIP code 37416 has a population of 13,919 and a median household income of $70,705.

#Comparable ZIPs

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

  • Chattanooga Valley CDP, GA

    Typical home
    $286,292
    Gross yield
  • West Brow CDP, GA

    Typical home
    $282,867
    Gross yield
  • Sale Creek CDP, TN

    Typical home
    $307,872
    Gross yield
  • Jasper, TN

    Typical home
    $275,183
    Gross yield
  • Dunlap, TN

    Typical home
    $274,972
    Gross yield
  • Ringgold, GA

    Typical home
    $316,374
    Gross yield
    6.5%

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