HousingHandbookReference data

U.S. ZIP Code · TN38305

Madison County · Jackson, TN

Typical home value

$278,800[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
-0.4%
5-year / yr
+6.8%
10-year / yr
+6.7%

Relative price

vs U.S.
-1.9%
vs metro
+52.4%
vs state
+5.3%
ZIP 38305 location in TN
Location of ZIP 38305 in TN

Price history

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

The typical home in 38305 is worth $278,800 — 52.4% above the Jackson, TN median. Over the past year, values have fallen 0.4%. Homes here rent for a typical $1,457 a month — a 6.3% 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
$1,457[2]
Gross yield
6.3%[2]
Cap rate
3.8%[2]

#Property tax

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

Effective tax rate
0.7%[3]
Typical annual tax
$1,890[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
53,488[3]
Median household income
$68,977[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
11
Elementary
4
Middle
3
High
2
  • North Side High School

    High · Grades 9–12 · Madison County

    925 students

  • Northeast Middle School

    Middle · Grades 6–8 · Madison County

    794 students

  • Thelma Barker Elementary

    Elementary · Grades K–5 · Madison County

    715 students

  • Pope School

    Elementary · Grades K–6 · Madison County

    613 students

  • Liberty Technology Magnet High School

    High · Grades 9–12 · Madison County

    584 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 yield6.3%
Net yield (after ~40% expenses)3.8%
Annual rent$17,485

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$1,410
Loan principal$223,040
Down payment$55,760
Total interest paid$284,475

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 ratio1.24
Monthly cost to own$1,800
Monthly rent$1,457

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
56th percentile[1]
Rental yield
0th percentile[2]
Property tax
95th percentile[3]

Frequently asked

How much is a home worth in ZIP code 38305?
The typical home in 38305 is worth $278,800, based on the Zillow Home Value Index.
Are home values rising in 38305?
Home values in 38305 are down 0.4% over the past year, and up 6.8% a year over five years.
What is the typical rent in 38305?
A typical home in 38305 rents for about $1,457 a month, a gross rental yield of 6.3%.
What is the property tax rate in 38305?
The effective property tax rate in 38305 is 0.7% — roughly $1,890 a year on a typical home.
Who lives in 38305?
ZIP code 38305 has a population of 53,488 and a median household income of $68,977.

#Comparable ZIPs

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

  • Medina, TN

    Typical home
    $322,115
    Gross yield
  • Beech Bluff CDP, TN

    Typical home
    $218,124
    Gross yield
  • Medon, TN

    Typical home
    $211,212
    Gross yield
  • TN

    Typical home
    $210,136
    Gross yield
  • Gadsden, TN

    Typical home
    $208,218
    Gross yield
  • Mercer CDP, TN

    Typical home
    $192,009
    Gross yield

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