38117

2023 Data
Unknown, XX

38117 is a comfortable, middle-class neighborhood in Unknown with affordable housing options.

Population

26,327

Income Rank

Top 55%

16%

$94K

Median Income

vs national

8%

$288K

Home Value

vs national

3%

$1,353

Monthly Rent

vs national

38.6 yrs

Median Age

Unknown 38117 vs National Average

Key metrics versus national medians

Median Income
$93,688+16%

National median: $80,610

Home Value
$287,500-8%

National median: $311,500

Monthly Rent
$1,353+3%

National median: $1,314

College Educated
33.1%-5%

National median: 34.8%

Planning a move to this area?

Get personalized insights and connect with local experts in Unknown.

Median Household Income in Unknown, XX (38117)

Average income and economic data for 38117

$93,688

Median Household Income

$62,424

Per Capita Income

2.8%

Unemployment Rate

Residents of 38117 earn a median household income of $93,688 per year. This is 16% higher than the national median of $80,610. The per capita income of $62,424 provides insight into individual earning power.

Cost of Living in Unknown 38117

Housing costs, home values, and rent prices in Unknown, XX

Home Buying

Median Home Value$287,500
20% Down Payment$57,500
Est. Monthly Mortgage$1,610

*Estimated at 7% APR, 30-year fixed

Renting

Median Monthly Rent$1,353
Annual Rent Cost$16,236
Rent-to-Income Ratio17%

Affordability Score

How affordable is it to live here?

0
out of 100
Highly Affordable

How is this calculated?

Based on the standard 4x annual income mortgage guideline used by lenders: (Median Income x 4) / Median Home Value, combined with the 28% rent-to-income ratio recommended by financial advisors. This is not financial advice.

Strong income-to-cost ratio makes this area financially accessible for most households.

Ready to buy or rent?

Find your perfect home in 38117. Compare listings and connect with agents.

Unknown Demographics & Population (38117)

Population breakdown, age distribution, and diversity in Unknown, XX

26,327

Total Population

38.6

Median Age

33%

College Educated

11,393

Households

38117 has a population of 26,327 residents in approximately 11,393 households. The median age of 38.6 years is younger than the national median of 39 years. About 33% of residents have completed higher education.

What is Unknown 38117 Like?

Neighborhood profile and quality of life in Unknown, XX

Community profile generated from Census data analysis
Community Type

Upper-Middle Suburban

The 38117 zip code represents a upper-middle suburban in the Unknown region.

Earnings are slightly above the national median.

Established families and mid-career professionals call this area home.

The community has diverse educational backgrounds.

Best Suited For

  • +Growing families
  • +Professionals seeking space
  • +Those prioritizing schools

May Not Suit

  • -Urban lifestyle seekers
  • -Those without cars

Key Characteristics

  • Affordable path to homeownership
  • Reasonable rental costs for the area
  • Strong local job market

Typical Resident Profile

A typical 38117 resident is a established adult in their early 40s, homeowner in an accessible neighborhood, working in white-collar professional role with some college education.

Lifestyle

Family-oriented with focus on community, schools, and outdoor activities

Unknown 38117 FAQ

Frequently asked questions about Unknown, XX 38117

The median household income in 38117 (Unknown, XX) is $93,688, which is 16% higher than the national median of $80,610.

The median home value in 38117 is $287,500. A 20% down payment would be $57,500, with an estimated monthly mortgage of $1,610 at current rates.

The median monthly rent in 38117 is $1,353, totaling $16,236 annually. This represents 17% of the median household income.

38117 in Unknown, XX is a comfortable, middle-class neighborhood with a median age of 38.6 years. The area has diverse educational backgrounds.

The unemployment rate in 38117 is 2.8%, lower than the national rate of 4.8%. This means 97.2% of the labor force is employed.

Moving to this area?

Get free moving quotes from top-rated companies in your area.