The affordable housing inventory in zip code 37849 primarily consists of one-bedroom and two-bedroom units. There are 4 one-bedroom units and 2 two-bedroom units recorded. The bedroom distribution for the remaining units is not specified in the available data.

Over the past decade, the population in zip code 37849 has grown from 26,953 in 2017 to 29,111 in 2022. The median income has increased from $64,435 in 2017 to $72,525 in 2022, indicating improving economic conditions for residents. Racial demographics have remained relatively stable, with a slight decrease in the white population from 95% in 2017 to 90% in 2022. The Black population has grown from 1% to 3%, and the Hispanic population from 2% to 4% during this period.

No new LIHTC projects have been recorded in zip code 37849 in the last decade. This may suggest that the existing affordable housing stock is meeting current needs, or that other factors are influencing affordable housing development in the area.

Zip code 37849 has a modest LIHTC funded affordable housing inventory, covering just under 1% of the estimated housing stock. The area has experienced consistent population growth and rising median incomes over the past decade, along with a slight increase in racial diversity. While no new LIHTC projects have been recorded recently, the existing affordable housing developments continue to provide important low-income housing options for the community. This analysis emphasizes the need to monitor and assess affordable housing requirements in light of changing demographics and economic conditions in zip code 37849.