HousingHandbookReference data

U.S. ZIP Code · TN38464

Lawrence County

Typical home value

$241,641[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
+6.3%
5-year / yr
+7.4%
10-year / yr
+8.6%

Relative price

vs U.S.
-14.9%
vs metro
vs state
-8.7%
ZIP 38464 location in TN
Location of ZIP 38464 in TN

Price history

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

The typical home in 38464 is worth $241,641. Over the past year, values have risen 6.3%. Homes here rent for a typical $1,170 a month — a 5.8% 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
$1,170[2]
Gross yield
5.8%[2]
Cap rate
3.5%[2]

#Property tax

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

Effective tax rate
0.5%[3]
Typical annual tax
$1,094[3]

#Climate risk

FEMA National Risk Index ratings for Lawrence 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
Relatively Low
Hurricane
Very Low
Tornado
Relatively High
Earthquake
Relatively Low
Winter weather
Relatively Low

#Who lives here

Population
23,504[3]
Median household income
$50,853[3]

#Migration

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

Net migration
+226[5]
Moved in
994
Moved out
768

Schools

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

Public schools
8
Elementary
4
Middle
1
High
2
  • Lawrence Co High School

    High · Grades 9–12 · Lawrence County

    1,101 students

  • E O Coffman Middle School

    Middle · Grades 6–8 · Lawrence County

    586 students

  • Lawrenceburg Public

    Elementary · Grades PK–5 · Lawrence County

    499 students

  • David Crockett Elementary

    Elementary · Grades PK–5 · Lawrence County

    440 students

  • Ingram Sowell Elementary

    Elementary · Grades PK–5 · Lawrence County

    413 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 yield5.8%
Net yield (after ~40% expenses)3.5%
Annual rent$14,040

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$1,222
Loan principal$193,313
Down payment$48,328
Total interest paid$246,560

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 ratio1.29
Monthly cost to own$1,514
Monthly rent$1,170

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

Frequently asked

How much is a home worth in ZIP code 38464?
The typical home in 38464 is worth $241,641, based on the Zillow Home Value Index.
Are home values rising in 38464?
Home values in 38464 are up 6.3% over the past year, and up 7.4% a year over five years.
What is the typical rent in 38464?
A typical home in 38464 rents for about $1,170 a month, a gross rental yield of 5.8%.
What is the property tax rate in 38464?
The effective property tax rate in 38464 is 0.5% — roughly $1,094 a year on a typical home.
Who lives in 38464?
ZIP code 38464 has a population of 23,504 and a median household income of $50,853.

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