ZIP Code 37040
ZIP Code Tabulation Area in Montgomery County, Tennessee.
- Population
- 62,137
- Median household income
- $65,331
- Median home value
- $242,400
+19.1%’19–’23
+20.1%’19–’23
+48.5%’19–’23
ZIP Code 37040 (Montgomery County, Tennessee) is home to about 62,137 residents. At $65,331, its median household income sits below Montgomery County's $72,365.
Between 2019 and 2023, ZIP Code 37040's population grew 19.1% from 52,155 to 62,137, while its median gross rent rose 32.2% from $890 to $1,177.
70.5% of homes are single-family detached houses. The typical home was built around 2000.
Demographics
ACS 2019–2023- Population
- 62,137
- Median age
- 30.6 yrs
- Median household income
- $65,331
- Median home value
- $242,400
- Median gross rent
- $1,177
- Housing units
- 24,628
- Homeownership rate
- 58.6%
- Bachelor's degree or higher
- 29.9%
- Unemployment rate
- 6.5%
Trends
ACS 5-year · 2019–202352,15562,137
$54,375$65,331
$163,200$242,400
$890$1,177
| Year | Population | Median household income | Median home value | Median gross rent |
|---|---|---|---|---|
| 2019 | 52,155 | $54,375 | $163,200 | $890 |
| 2020 | 52,736 | $54,348 | $178,700 | $895 |
| 2021 | 58,490 | $58,229 | $185,600 | $943 |
| 2022 | 60,377 | $62,035 | $223,900 | $1,052 |
| 2023 | 62,137 | $65,331 | $242,400 | $1,177 |
Each year is a US Census Bureau ACS 5-year estimate ending that year.
Age distribution
Under 58.2%
5 to 1718.4%
18 to 2411.9%
25 to 3419.3%
35 to 4414.5%
45 to 549.7%
55 to 649.3%
65 to 745.7%
75 and over2.9%
| Count | Share | |
|---|---|---|
| Under 5 | 5,126 | 8.2% |
| 5 to 17 | 11,435 | 18.4% |
| 18 to 24 | 7,377 | 11.9% |
| 25 to 34 | 11,985 | 19.3% |
| 35 to 44 | 9,039 | 14.5% |
| 45 to 54 | 6,039 | 9.7% |
| 55 to 64 | 5,801 | 9.3% |
| 65 to 74 | 3,563 | 5.7% |
| 75 and over | 1,772 | 2.9% |
Race & ethnicity
| Count | Share | |
|---|---|---|
| White (non-Hispanic) | 34,921 | 56.2% |
| Black or African American | 15,396 | 24.8% |
| American Indian & Alaska Native | 149 | 0.2% |
| Asian | 1,238 | 2.0% |
| Native Hawaiian & Pacific Islander | 33 | 0.1% |
| Some other race | 195 | 0.3% |
| Two or more races | 3,711 | 6.0% |
| Hispanic or Latino (any race) | 6,494 | 10.5% |
Educational attainment (age 25+)
No high school diploma6.2%
High school graduate27.8%
Some college or associate's36.2%
Bachelor's degree17.6%
Graduate or professional degree12.3%
| Count | Share | |
|---|---|---|
| No high school diploma | 2,351 | 6.2% |
| High school graduate | 10,602 | 27.8% |
| Some college or associate's | 13,816 | 36.2% |
| Bachelor's degree | 6,727 | 17.6% |
| Graduate or professional degree | 4,703 | 12.3% |
Commute to work
- Mean travel time to work
- 28 min
Drove alone78.7%
Carpooled10.0%
Public transit0.5%
Walked1.4%
Bicycle0.0%
Worked from home8.4%
Other means1.1%
How workers get to work
| Count | Share | |
|---|---|---|
| Drove alone | 21,843 | 78.7% |
| Carpooled | 2,772 | 10.0% |
| Public transit | 125 | 0.5% |
| Walked | 376 | 1.4% |
| Bicycle | 0 | 0.0% |
| Worked from home | 2,326 | 8.4% |
| Other means | 309 | 1.1% |
Travel time
| Count | Share | |
|---|---|---|
| Under 15 min | 6,823 | 26.8% |
| 15 to 29 min | 9,392 | 36.9% |
| 30 to 44 min | 3,998 | 15.7% |
| 45 to 59 min | 2,456 | 9.7% |
| 60+ min | 2,756 | 10.8% |
Households
- Average household size
- 2.57
- Poverty rate
- 18.0% (10,721 of 59,467)
| Count | Share | |
|---|---|---|
| Family households | 15,244 | 65.9% |
| Nonfamily households | 7,902 | 34.1% |
Housing
- Median year structure built
- 2000
Occupancy
| Count | Share | |
|---|---|---|
| Occupied | 23,146 | 94.0% |
| Vacant | 1,482 | 6.0% |
Tenure (of occupied units)
| Count | Share | |
|---|---|---|
| Owner-occupied | 13,560 | 58.6% |
| Renter-occupied | 9,586 | 41.4% |
1-unit, detached70.5%
1-unit, attached4.1%
2 to 4 units8.5%
5 to 19 units8.6%
20 or more units5.5%
Mobile home & other2.8%
Units in structure
| Count | Share | |
|---|---|---|
| 1-unit, detached | 17,373 | 70.5% |
| 1-unit, attached | 999 | 4.1% |
| 2 to 4 units | 2,091 | 8.5% |
| 5 to 19 units | 2,128 | 8.6% |
| 20 or more units | 1,352 | 5.5% |
| Mobile home & other | 685 | 2.8% |
Geography
- ZCTA
- 37040
- Land area
- 93 sq mi
- Water area
- 1.39 sq mi
- Center point
- 36.5223, -87.3279
Counties this ZIP covers
1Compare with nearby ZIP codes
6National ZIP rankings
21- Largest by population
- Most densely populated
- Highest median household income
- Highest median home value
- Most affordable home values
- Highest median gross rent
- Cheapest median gross rent
- Oldest by median age
- Youngest by median age
- Most college-educated
- Highest poverty rate
- Lowest poverty rate
- Highest homeownership rate
- Lowest homeownership rate
- Longest commutes
- Shortest commutes
- Largest households
- Newest housing
- Oldest housing
- Fastest-growing (2019–2023)
- Fastest-shrinking (2019–2023)