Back to Explorer

ZIP Code 37040

Montgomery, Tennessee

FIPS 37040

Juniper

ZIP Code 37040 is in the top 14% nationally for HPI growth 5yr %, but in the bottom 26% nationally for price-to-income ratio. It also sits in the top 21% nationally for appreciation 1yr %. And it sits in the 75th percentile nationally for median rent.

Median Home Value

$270,000

Higher than 65% of U.S. ZIP codes

HPI Growth 5yr %

60%

Higher than 86% of U.S. ZIP codes

FEMA Risk Score

69.2

Near the U.S. ZIP codes median

The basics

Total Population

64,977

Median Age

31.4

Home values & property tax

Ranked against U.S. ZIP codes.

Median Home Value

$270,000

Higher than 65%

Median Property Tax

$1,693

Effective Tax Rate

1%

Cost of living & affordability

Ranked against U.S. ZIP codes.

Price-to-Income Ratio

3.99

Higher than 74%

Median Rent

$1,266

Higher than 75%

Home prices & appreciation

Ranked against U.S. ZIP codes.

HPI Growth 5yr %

60%

Higher than 86%

Appreciation 1yr %

3.8%

Higher than 79%

Pandemic Gain %

60%

Recession Drop %

3%

Climate & weather

Ranked against U.S. ZIP codes.

Summer Avg High (°F)

88.7

Winter Avg Low (°F)

29.9

Avg Temperature (°F)

59.2

Hot Days/yr (>90°F)

56.7

Freezing Days/yr (<32°F)

78.4

Annual Precipitation (in)

53.5

Annual Snowfall (in)

0.5

Flood & disaster risk

Ranked against U.S. ZIP codes.

FEMA Risk Score

69.2

Near median

The full report

Six pillars — each with percentile benchmarks, 16-year trends, and per-metric detail.

  • People

  • Work & Money

  • Housing

  • Amenities

  • Environment & Risk

ZIP Code 37040: frequently asked questions

What is the median home value in ZIP Code 37040?
The median home value in ZIP Code 37040 is $270,000, higher than 65% of U.S. ZIP codes.
How much is property tax in ZIP Code 37040?
The median annual property tax in ZIP Code 37040 is $1,693, an effective rate of 1% of home value.
Is ZIP Code 37040 expensive to live in?
Homes in ZIP Code 37040 cost about 3.99× the median household income, higher than 74% of U.S. ZIP codes.
What is the average rent in ZIP Code 37040?
The median gross rent in ZIP Code 37040 is $1,266 a month, higher than 75% of U.S. ZIP codes.
How much have home prices grown in ZIP Code 37040?
Home prices in ZIP Code 37040 have moved 60% over the past five years (3.8% in the past year), per the FHFA House Price Index.
What is the weather like in ZIP Code 37040?
ZIP Code 37040 averages 59.2°F year-round, summer highs near 88.7°F, winter lows around 29.9°F (NOAA 1991–2020 normals). It sees about 0.5 inches of snow a year.
Is ZIP Code 37040 at risk of flooding or natural disasters?
ZIP Code 37040's FEMA National Risk Index score is 69.2 (near the U.S. ZIP codes median). Its greatest modeled natural hazard is earthquake.

Sources: U.S. Census ACS, FEMA National Risk Index, FHFA House Price Index, OpenStreetMap, EPA. Explore the map →