It takes more than $200,000 in annual income to buy a home in Greater Nashville’s 10 wealthiest areas.
According to Zillow Group Inc., the 37215 ZIP code is Greater Nashville’s most affluent. These neighborhoods include Green Hills, Forest Hills and Belle Meade.
With a median home value of $1.2 million and the typical 30-year fixed mortgage rate at 6.8%, the typical monthly payment for a new mortgage in 37215 is more than $7,000. That translates to a minimum annual income of close to $300,000.
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