Housing market/Tennessee/ZIP 37097

ACS 2023 · FY2027 SAFMR

ZIP 37097 Lobelville, Perry County, Tennessee

Perry County, TN · Tennessee. Census housing stock, renter economics, HUD SAFMR, LIHTC, and population change. Not a listing page and not a buy/sell score.

Population
2,118
Households
864
Median HH income
$53,235
Renter share
19.8%
Median gross rent
$813
Vacancy
31.8%
Pop. change
-6.0%
2BR SAFMR
$1,060
SAFMR / rent
1.304×
2–49 unit stock
47
LIHTC proj / units
1 / 32
HUD assisted MF
—

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 37097 · TN — sent to you.

ZIP 37097 · TN

ACS median rent$813
2BR SAFMR$1,060
90% floor$954
110% ceiling$1,166

ACS median is all-bedroom occupied rent. SAFMR is the 2-bedroom HCV benchmark.

Housing stock

ACS 2023 units-in-structure · ZCTA 37097

  • 1-unit detached70155.4%
  • 1-unit attached171.3%
  • 2–4 units342.7%
  • 5–49 units131.0%
  • Mobile50139.6%
TypeUnitsShare
1-unit detached70155.4%
1-unit attached171.3%
2 units (duplex)241.9%
3–4 units100.8%
5–9 units131.0%
10–19 units00.0%
20–49 units00.0%
50+ units00.0%
Mobile50139.6%

2–4 unit share 2.7% · 5–49 unit share 1.0% · combined 2–49 3.7%.

Units by bedrooms

Studio
21
1BR
85
2BR
523
3BR
455
4BR
111
5+
71

Rent burden

Rent ≥30% of income25.7%
Rent ≥50% of income8.8%
  • ACS median gross rent $813 (all bedrooms, occupied rentals).
  • Median contract rent $562.
  • Renters paying ≥30% of income 25.7%; ≥50% 8.8%.
  • FY2027 2BR SAFMR $1,060 (1.304× ACS median gross rent).

Population

2,118 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: -6.0%.

ACS 5-year estimates lag current construction. This is not a forecast.

Assisted inventory

  • LIHTC: 1 projects, 32 units.
  • HUD project-based assisted MF: not published for this ZIP.
  • HCV household counts (Picture of Subsidized Households) are not on this page yet.

New apartment permits

About 0 new apartments in 5+ unit buildings may have been permitted in this ZIP’s share of the county. That is units (doors), not a building count.

Cities and counties report building permits to the Census. Apartment counts are for the whole county, not a project list in this ZIP.

What the data shows

ZIP 37097 19.8% of occupied households are renters; vacancy is 31.8%; ACS median gross rent is $813; population changed -6.0% between the 2018 and 2023 ACS vintages; the housing stock includes 34 units in 2–4-unit structures and 13 units in 5–49-unit structures; 1 LIHTC projects totaling 32 units; FY2027 2BR SAFMR is $1,060 versus ACS median gross rent of $813. These figures describe the underlying housing market, not the cash flow of any one property. Asking rents, expenses, condition, taxes, insurance, and the rent roll have to be underwritten separately.

Tennessee research

ZIP 37097 is a Census / HUD profile for Perry County, TN. Not a listing page. Brokerage is Georgia; out-of-state work is referral.

Nearby ZIPs in this FMR area

ZIPPlaceRentersMed. rent2BR SAFMR
37033Perry County, TN26.9%$935$1,130

Census ZIP areas approximate mail ZIPs. Sources: Census ACS 5-year 2023, HUD FY2027 Small Area FMR, HUD LIHTC and assisted multifamily lists, Census building permits (county). This page is Tennessee research. Brokerage is Georgia.

FAQ

What is the housing market like in ZIP 37097?

ZIP 37097 (Perry County, TN) has 2,118 residents, 864 households, a renter share of 19.8%, median household income of $53,235, and ACS 2023 median gross rent of $813. Vacancy is 31.8%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 37097?

ACS counts 24 units in 2-unit buildings, 10 in 3–4 unit buildings, 13 in 5–9, 0 in 10–19, and 0 in 20–49. Combined 2–49 unit stock is 47 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 37097?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,060. See the full schedule and 90–110% payment-standard band on the ZIP 37097 — Lobelville, TN HUD Section 8 Payment Standards / SAFMR.

Does this Tennessee ZIP profile include Georgia listings?

No. ZIP 37097 is Census / HUD research for Perry County, TN. Jeff Crowe CRE does not list Tennessee property. Licensed brokerage is Georgia. If you use this stock table and then buy in Georgia, live FMLS Residential Income is on multifamily for sale in Georgia.