HousingHandbookReference data

U.S. ZIP Code · TN38301

Madison County · Jackson, TN

Typical home value

$138,955[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
-3.1%
5-year / yr
+4.2%
10-year / yr
+5.8%

Relative price

vs U.S.
-51.1%
vs metro
-24.0%
vs state
-47.5%
ZIP 38301 location in TN
Location of ZIP 38301 in TN

Price history

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

The typical home in 38301 is worth $138,955 — 24.0% below the Jackson, TN median. Over the past year, values have fallen 3.1%. Homes here rent for a typical $1,253 a month — a 10.8% gross rental yield. 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
$1,253[2]
Gross yield
10.8%[2]
Cap rate
6.5%[2]

#Property tax

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

Effective tax rate
0.5%[3]
Typical annual tax
$658[3]

#Climate risk

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

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

#Who lives here

Population
33,536[3]
Median household income
$43,227[3]

#Migration

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

Net migration
-131[5]
Moved in
2,581
Moved out
2,712

Schools

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

Public schools
14
Elementary
7
Middle
2
High
4
  • South Side High School

    High · Grades 9–12 · Madison County

    773 students

  • Community Montessori School

    Elementary · Grades PK–8 · Madison County

    657 students

  • Arlington Elementary School

    Elementary · Grades PK–5 · Madison County

    632 students

  • Rose Hill School

    Elementary · Grades PK–8 · Madison County

    519 students

  • Madison Academic Magnet High School

    High · Grades 9–12 · Madison County

    477 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 yield10.8%
Net yield (after ~40% expenses)6.5%
Annual rent$15,037

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$703
Loan principal$111,164
Down payment$27,791
Total interest paid$141,783

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 ratio0.70
Monthly cost to own$873
Monthly rent$1,253

Owning 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
6th percentile[1]
Rental yield
100th percentile[2]
Property tax
21st percentile[3]

Frequently asked

How much is a home worth in ZIP code 38301?
The typical home in 38301 is worth $138,955, based on the Zillow Home Value Index.
Are home values rising in 38301?
Home values in 38301 are down 3.1% over the past year, and up 4.2% a year over five years.
What is the typical rent in 38301?
A typical home in 38301 rents for about $1,253 a month, a gross rental yield of 10.8%.
What is the property tax rate in 38301?
The effective property tax rate in 38301 is 0.5% — roughly $658 a year on a typical home.
Who lives in 38301?
ZIP code 38301 has a population of 33,536 and a median household income of $43,227.

#Comparable ZIPs

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

  • Rutherford, TN

    Typical home
    $145,733
    Gross yield
  • Kenton, TN

    Typical home
    $145,804
    Gross yield
  • Dyer, TN

    Typical home
    $149,217
    Gross yield
  • Enville, TN

    Typical home
    $122,421
    Gross yield
  • Jacks Creek CDP, TN

    Typical home
    $155,497
    Gross yield
  • Trenton, TN

    Typical home
    $164,500
    Gross yield

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