38940 Map

38940 Income Statistics

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Comparison to Surrounding Areas

38940 Median Household Income

The median household income ($62,708) for 38940 is less than the median household income for 38917 ($67,792) and Holcomb CDP ($63,514). But it's more than 38901 ($46,956), 38920 ($-1), 38930 ($35,109), 38950 ($-1), Grenada County ($47,998), Tallahatchie County ($37,383), and Carroll County ($55,275).

38940$62,708
Holcomb CDP$63,514
Carroll County$55,275
Grenada County$47,998
Tallahatchie County$37,383

38940 Average Household Income

The average household income ($66,953) for 38940 is less than the average household income for 38901 ($71,596), 38917 ($73,323), Carroll County ($67,202), and Grenada County ($70,611). But it's more than 38920 ($50,680), 38930 ($61,918), 38950 ($63,428), Tallahatchie County ($55,647), and Holcomb CDP ($55,102).

38940$66,953
Holcomb CDP$55,102
Carroll County$67,202
Grenada County$70,611
Tallahatchie County$55,647

38940 Per-Capita Income

The per-capita income for 38940 is $22,492. The per capita income ($22,492) for 38940 is less than the per capita income for 38950 ($24,322), 38917 ($43,087), 38920 ($29,624), 38930 ($24,198), 38901 ($29,235), Grenada County ($27,886), Tallahatchie County ($22,998), and Carroll County ($32,822). But it's more than Holcomb CDP ($21,460).

38940$22,492
Holcomb CDP$21,460
Carroll County$32,822
Grenada County$27,886
Tallahatchie County$22,998

38940 High Income Households

0% of households make over $200,000 a year. The percent high income households (0.0%) for 38940 is less than 38950 (0.8%), 38917 (4.9%), 38920 (9.2%), 38930 (4.7%), 38901 (6.8%), Grenada County (5.9%), Tallahatchie County (1.7%), and Carroll County (2.1%). And it's the same as Holcomb CDP (0.0%).

389400.0%
Holcomb CDP0.0%
Carroll County2.1%
Grenada County5.9%
Tallahatchie County1.7%

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$78,550$63,264$35,313
Holcomb CDP$-1$-1$63,412$-1
Carroll County$-1$82,708$66,143$33,931
Grenada County$55,122$48,844$55,242$36,452
Tallahatchie County$45,417$49,810$35,992$29,122

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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 2023 5-year estimates. You can find this information and other demographics for 38940 on the US Census Bureau’s website. These values are in 2023 inflation-adjusted dollars and were downloaded on 12 December 2024.

The following data tables were used:

  • B19001 Household Income in the Past 12 Months (in 2023 inflation-adjusted dollars)
  • B19013 Median Household Income in the Past 12 Months (in 2023 inflation-adjusted dollars)
  • B19301 Per Capita Income in the Past 12 Months (in 2023 inflation-adjusted dollars)
  • S1902 Mean Income in the Past 12 Months (in 2023 inflation-adjusted dollars)
  • B19049 Median Household Income in the Past 12 Months (in 2023 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+/-$22,797+/-$13,954+/-$6,746+/-7.2%+/-$-1+/-$21,861+/-$42,915+/-$18,962
Holcomb CDP+/-$37,332+/-$20,617+/-$11,282+/-35.7%+/-$-1+/-$-1+/-$48,214+/-$-1
Carroll County+/-$16,670+/-$8,772+/-$5,443+/-1.4%+/-$-1+/-$34,169+/-$15,740+/-$7,256
Grenada County+/-$3,536+/-$6,674+/-$2,835+/-2.1%+/-$40,249+/-$4,346+/-$5,174+/-$7,476
Tallahatchie County+/-$5,153+/-$6,129+/-$2,234+/-1.3%+/-$30,802+/-$5,610+/-$10,557+/-$6,106