ZIP 37601 Fair Market Rent FY2027

Small Area Fair Market Rents for ZIP code 37601 in the Johnson City, TN MSA FMR area.

$950Efficiency
$9601 bedroom
$1,2202 bedrooms
$1,4703 bedrooms
$1,6204 bedrooms

Payment standard range

Unit sizeSAFMR90%110%Metro FMR
Efficiency$950$855$1,045$942
1 bedroom$960$864$1,056$948
2 bedrooms$1,220$1,098$1,342$1,211
3 bedrooms$1,470$1,323$1,617$1,461
4 bedrooms$1,620$1,458$1,782$1,609

Housing authorities may set voucher payment standards from 90% to 110% of the FMR that applies to them.

Income in ZIP 37601

$63,885average adjusted gross income per tax return (2022)
$43,963average salaries and wages per return
16,070tax returns filed
23%of average income for a 2-bedroom SAFMR
Adjusted gross incomeShare of returns
$1 to $25,00034.1%
$25,000 to $50,00028.2%
$50,000 to $75,00013.8%
$75,000 to $100,0008.0%
$100,000 to $200,00011.7%
$200,000 or more4.2%

IRS Statistics of Income, individual income tax returns by ZIP code, tax year 2022. 20.2% of returns claimed the Earned Income Tax Credit.

Questions and answers

What is the Small Area Fair Market Rent for ZIP code 37601?

HUD's FY2027 Small Area FMRs for ZIP 37601 (Johnson City, TN MSA) are $950 efficiency, $960 one bedroom, $1,220 two bedrooms, $1,470 three and $1,620 four bedrooms.

What payment standard can a housing authority set in ZIP 37601?

Public housing agencies may set voucher payment standards between 90% and 110% of the Small Area FMR – for a two-bedroom unit $1,098 to $1,342.

How affordable is rent in ZIP 37601?

Tax returns filed from ZIP 37601 reported an average adjusted gross income of $63,885 (2022). A two-bedroom unit at the Small Area FMR costs $14,640 a year, or 23% of that income.