ZIP 37404 · Chattanooga, Tennessee

Population

14,737 people call ZIP 37404 home.

14,737

people.

Census ACS 5-year, 2020-2024. Sources: Census ACS 5-year

Rent

Median rent is up 48% since the 2010–2014 survey, before inflation.

$1,094

a month. Tennessee's median is $1,189.

Census ACS 5-year, 2020-2024 (latest), with earlier 5-year windows. Sources: Census ACS 5-year

Room to build

Local wages can carry more rent than the median charged today.

$1,193–$1,789

is the monthly rent range local workforce wages support.

• $1,094 median

Supportable rent computed by the Almanac from 2023 source wage data. Median rent: Census ACS 5-year, 2020-2024. Sources: Computed by the Almanac, Census ACS 5-year

Building

Most of the housing here is older than 2000.

• 87% of all homes were built before 2000

Census ACS 5-year, 2020-2024. Sources: Census ACS 5-year

Units needed

Closing the gap would add 1–2% to the 6,079 homes here.

31–137

is the estimated number of missing housing units, from the lowest to the highest of three estimates.

Range computed by the Almanac from 2023 jobs and household data, using three demand models: 1% of jobs located here, 1% of renter households, and a rate by town size applied to renters. The low end is the lowest of the three and the high end the highest. It is an estimate, not a count. Sources: Computed by the Almanac

Home value

A median home costs 11% less than Tennessee's.

$255,400

median home value in ZIP 37404.

• $255,400 ZIP 37404
• $286,700 Tennessee
• $332,700 U.S.

Census ACS 5-year, 2020-2024. Sources: Census ACS 5-year