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ZipNumbers

Davidson County · Tennessee

ZIP code 37203

Population, income, housing costs and the sales tax rate charged on purchases inside ZIP 37203 — Census 2019-2023 ACS 5-year, no modelled estimates.
Population
20,234

ZCTA residents

Median income
$69,671

Household, past 12 months

Median home
$519,600

Owner-occupied value

Sales tax
9.25%

Combined state + local

Quick answer

ZIP 37203 sits in Davidson County, Tennessee and is home to 20,234 people. Median household income is $69,671, the median home is worth $519,600 and median gross rent is $1,881. 19.3% of households own their home, and purchases are taxed at 9.25% combined.

County
Davidson County

FIPS 47037

State
Tennessee (TN)

638 ZIPs covered

Area codes
615, 629

NANPA codes serving this area

Metro area
Nashville

Rate jurisdiction used for tax

The numbers for 37203

American Community Survey 2019-2023 ACS 5-year estimates for this ZCTA.

Population
20,234ZIP 37203 residents
Median household income
$69,671Past 12 months, inflation adjusted
Median home value
$519,600Owner-occupied units
Median gross rent
$1,881Rent plus utilities, monthly
Median age
30.7 yrsAll residents
Homeownership rate
19.3%Owner-occupied households

Sales tax in 37203

What a purchase inside this ZIP costs at checkout.

Rate applied
9.25%Nashville jurisdiction stack
Tax on $100
$9Rounded to the dollar
Tax on $1,000
$93Before any exemptions

This ZIP falls inside the Nashville rate area, so state, county, city and district levies are published here as a full stack.

Affordability in this ZIP

Derived from the Census medians above — indicative, not an offer.

Rent burden
32%Median rent ÷ median income
Price-to-income
7.5×Home value ÷ household income
Est. mortgage
$2,696/mo20% down, 30-yr at 6.75%
Poverty rate
22.1%Residents below poverty line

A rent burden above 30% is the federal threshold for cost-burdened households, and a price-to-income multiple above 4× is generally considered a stretched housing market. The mortgage figure is principal and interest only — taxes, insurance and HOA dues are extra.

How 37203 compares

ZIP 37203 against the median ZIP in Davidson County and across Tennessee.

MeasureZIP 37203County medianState medianvs state
Median household income$69,671$75,810$59,143+18%
Median home value$519,600$383,050$195,100+166%
Median gross rent$1,881$1,468$885+113%
Population20,23420,2194,324+368%

Medians are computed across the 30 ZIP areas in Davidson County and the 638 ZIP areas in Tennessee.

Statewide rank

Where this ZIP places among all 638 Tennessee ZIP areas.

Income

richer than 70% of 596 state ZIPs

#180
Home value

above 97% of 589 state ZIPs

#18
Population

larger than 81% of 638 state ZIPs

#121

Comparable ZIP codes

Tennessee ZIP areas with almost the same household income.

ZIPCountyIncomeHome valueRent
37659Washington County$69,765$241,700$1,034
38401Maury County$69,467$295,200$1,084
37211Davidson County$69,936$374,200$1,444
37308Hamilton County$69,398$238,200$744
37690Washington County$70,026$221,400$867
37918Knox County$69,311$237,500$1,102

Nearby ZIP codes

Other ZIP codes filed under Davidson County.

ZIP 37203 questions

Common questions about this ZIP code.

Where is ZIP code 37203?
ZIP 37203 lies mostly in Davidson County, Tennessee. County assignment follows the largest share of land area, so a ZIP straddling a county line is filed under its dominant county.
What sales tax do I pay in 37203?
Purchases are taxed at 9.25% combined, built from the Nashville jurisdiction stack.
Is 37203 expensive to live in?
Median rent runs $1,881 a month, about 32% of median household income, and the median home is worth $519,600+166% against the typical Tennessee ZIP.
Is a ZCTA the same as a postal ZIP code?
Not exactly. The Census builds ZIP Code Tabulation Areas from the ZIP codes of addresses inside each census block, so a ZCTA can differ slightly from the USPS delivery route of the same number, and PO-box-only ZIPs have no ZCTA at all.

Related pages for this area.

Sources & transparency

Every figure on this page is a published estimate for ZIP Code Tabulation Area 37203, except the affordability ratios and mortgage estimate, which we derive from those medians and label as estimates.

Last reviewed December 2024. Figures are published for reference and can change; verify with the source agency before filing or contracting. How we build and check this data.