38940 Map

38940 Income Statistics

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Comparison to Surrounding Areas

38940 Median Household Income

The median household income ($50,852) for 38940 is less than the median household income for 38917 ($65,934) and Holcomb CDP ($61,429). But it's more than 38901 ($44,820), 38920 ($-1), 38930 ($34,072), 38950 ($-1), Grenada County ($45,745), Tallahatchie County ($35,428), and Carroll County ($42,285).

38940$50,852
Holcomb CDP$61,429
Carroll County$42,285
Grenada County$45,745
Tallahatchie County$35,428

38940 Average Household Income

The average household income ($59,406) for 38940 is less than the average household income for 38901 ($68,512), 38917 ($73,359), 38930 ($65,389), Carroll County ($61,964), Grenada County ($67,233), and Holcomb CDP ($63,437). But it's more than 38920 ($38,868), 38950 ($47,005), and Tallahatchie County ($50,959).

38940$59,406
Holcomb CDP$63,437
Carroll County$61,964
Grenada County$67,233
Tallahatchie County$50,959

38940 Per-Capita Income

The per-capita income for 38940 is $21,932. The per capita income ($21,932) for 38940 is less than the per capita income for 38901 ($28,275), 38917 ($35,330), 38920 ($23,310), 38930 ($25,564), Grenada County ($27,128), Carroll County ($29,588), and Holcomb CDP ($32,409). But it's more than 38950 ($20,644) and Tallahatchie County ($20,348).

38940$21,932
Holcomb CDP$32,409
Carroll County$29,588
Grenada County$27,128
Tallahatchie County$20,348

38940 High Income Households

0.0% of households make over $200,000 a year. The percent high income households (0.0%) for 38940 is less than 38950 (1.1%), 38917 (5.0%), 38920 (2.9%), 38930 (4.4%), 38901 (4.7%), Grenada County (4.1%), Tallahatchie County (0.7%), and Carroll County (1.5%). And it's the same as Holcomb CDP (0.0%).

389400.0%
Holcomb CDP0.0%
Carroll County1.5%
Grenada County4.1%
Tallahatchie County0.7%

38940 Median Household Income by Age of Householder

under 25 years 25 to 44 years 45 to 64 years 65 years and over
38940$-1$76,831$61,183$28,958
Holcomb CDP$-1$-1$61,429$-1
Carroll County$28,750$77,540$53,938$27,412
Grenada County$53,135$45,492$53,679$36,159
Tallahatchie County$33,274$53,570$31,236$29,321

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About the Data

Sources & Margins of Error

All income statistics above are the most current, comparable income statistics available from the US Census Bureau and are from the American Community Survey 2022 5-year estimates. You can find this information and other demographics for 38940 on the US Census Bureau’s website. These values are in 2022 inflation-adjusted dollars and were downloaded on 7 December 2023.

The following data tables were used:

  • B19001 Household Income in the Past 12 Months (in 2022 inflation-adjusted dollars)
  • B19013 Median Household Income in the Past 12 Months (in 2022 inflation-adjusted dollars)
  • B19301 Per Capita Income in the Past 12 Months (in 2022 inflation-adjusted dollars)
  • S1902 Mean Income in the Past 12 Months (in 2022 inflation-adjusted dollars)
  • B19049 Median Household Income in the Past 12 Months (in 2022 inflation-adjusted dollars) By Age Of Householder

Margins of error for the above income data are:

Median Household Income Average Household Income Per Capita Income High Income Households Median Household Income by Age of Householder
under 25 25 to 44 45 to 64 65+
38940+/-$23,431+/-$15,071+/-$6,136+/-7.4%+/-$-1+/-$27,296+/-$28,984+/-$9,790
Holcomb CDP+/-$10,070+/-$25,013+/-$11,822+/-38.5%+/-$-1+/-$-1+/-$10,070+/-$-1
Carroll County+/-$14,597+/-$8,381+/-$5,155+/-1.5%+/-$882+/-$38,478+/-$17,405+/-$8,009
Grenada County+/-$4,951+/-$6,905+/-$2,825+/-1.7%+/-$31,326+/-$3,808+/-$7,900+/-$8,919
Tallahatchie County+/-$4,291+/-$4,789+/-$1,802+/-0.5%+/-$22,743+/-$7,706+/-$5,987+/-$7,173