HousingHandbookReference data

U.S. ZIP Code · TN38039

Hardeman County

Typical home value

$150,846[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
+4.0%
5-year / yr
10-year / yr

Relative price

vs U.S.
-46.9%
vs metro
vs state
-43.0%
ZIP 38039 location in TN
Location of ZIP 38039 in TN

Price history

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

The typical home in 38039 is worth $150,846. Over the past year, values have risen 4.0%. The effective property tax rate is 0.5%.

#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
0.5%[3]
Typical annual tax
$688[3]

#Climate risk

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

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

#Who lives here

Population
1,305[3]
Median household income
$39,020[3]

#Migration

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

Net migration
+65[5]
Moved in
562
Moved out
497

Schools

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

Public schools
1
Elementary
1
Middle
0
High
0
  • Grand Junction Elementary

    Elementary · Grades PK–6 · Hardeman County Schools

    159 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 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$763
Loan principal$120,677
Down payment$30,169
Total interest paid$153,917

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$946
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
[1]
Rental yield
[2]
Property tax
[3]

Frequently asked

How much is a home worth in ZIP code 38039?
The typical home in 38039 is worth $150,846, based on the Zillow Home Value Index.
Are home values rising in 38039?
Home values in 38039 are up 4.0% over the past year.
What is the property tax rate in 38039?
The effective property tax rate in 38039 is 0.5% — roughly $688 a year on a typical home.
Who lives in 38039?
ZIP code 38039 has a population of 1,305 and a median household income of $39,020.

Compare ZIPs

Pit ZIP 38039 against any other ZIP — full side-by-side table.

Compare 38039

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