HousingHandbookReference data

U.S. ZIP Code · TN37604

Washington County · Johnson City, TN

Typical home value

$281,433[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
-0.9%
5-year / yr
+7.1%
10-year / yr
+6.6%

Relative price

vs U.S.
≈ U.S. median
vs metro
+3.0%
vs state
+6.3%
ZIP 37604 location in TN
Location of ZIP 37604 in TN

Price history

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

The typical home in 37604 is worth $281,433 — 3.0% above the Johnson City, TN median. Over the past year, values have fallen 0.9%. Homes here rent for a typical $1,512 a month — a 6.4% gross rental yield. The effective property tax rate is 0.6%.

#Rent & investment

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

Monthly rent
$1,512[2]
Gross yield
6.4%[2]
Cap rate
3.9%[2]

#Property tax

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

Effective tax rate
0.6%[3]
Typical annual tax
$1,788[3]

#Climate risk

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

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

#Who lives here

Population
39,097[3]
Median household income
$52,345[3]

#Migration

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

Net migration
+719[5]
Moved in
4,744
Moved out
4,025

Schools

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

Public schools
7
Elementary
4
Middle
1
High
1
  • Science Hill High School

    High · Grades 9–12 · Johnson City

    2,423 students

  • Liberty Bell Middle School

    Middle · Grades 6–8 · Johnson City

    937 students

  • Woodland Elementary

    Elementary · Grades PK–5 · Johnson City

    537 students

  • South Side Elementary

    Elementary · Grades PK–5 · Johnson City

    442 students

  • Towne Acres Elementary

    Elementary · Grades K–5 · Johnson City

    394 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 yield6.4%
Net yield (after ~40% expenses)3.9%
Annual rent$18,140

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$1,423
Loan principal$225,147
Down payment$56,287
Total interest paid$287,162

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 ratio1.20
Monthly cost to own$1,808
Monthly rent$1,512

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
33rd percentile[1]
Rental yield
100th percentile[2]
Property tax
92nd percentile[3]

Frequently asked

How much is a home worth in ZIP code 37604?
The typical home in 37604 is worth $281,433, based on the Zillow Home Value Index.
Are home values rising in 37604?
Home values in 37604 are down 0.9% over the past year, and up 7.1% a year over five years.
What is the typical rent in 37604?
A typical home in 37604 rents for about $1,512 a month, a gross rental yield of 6.4%.
What is the property tax rate in 37604?
The effective property tax rate in 37604 is 0.6% — roughly $1,788 a year on a typical home.
Who lives in 37604?
ZIP code 37604 has a population of 39,097 and a median household income of $52,345.

#Comparable ZIPs

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

  • Fall Branch CDP, TN

    Typical home
    $283,268
    Gross yield
  • TN

    Typical home
    $291,993
    Gross yield
  • Johnson City, TN

    Typical home
    $265,153
    Gross yield
    5.9%
  • Unicoi, TN

    Typical home
    $301,202
    Gross yield
  • Telford CDP, TN

    Typical home
    $307,038
    Gross yield
  • TN

    Typical home
    $254,978
    Gross yield

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