38040 Map

38040 Income Statistics

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Comparison to Surrounding Areas

38040 Median Household Income

The median household income ($46,554) for 38040 is less than the median household income for 72315 ($47,305), 38030 ($94,934), 38034 ($55,321), 38063 ($46,929), 38001 ($51,154), 38024 ($52,475), Dyer County ($53,150), Lauderdale County ($46,702), and Crockett County ($59,136). But it's more than 38012 ($41,702), 38037 ($39,625), and Halls town ($40,375).

38040$46,554
Halls town$40,375
Crockett County$59,136
Dyer County$53,150
Lauderdale County$46,702

38040 Average Household Income

The average household income ($62,495) for 38040 is less than the average household income for 72315 ($71,323), 38034 ($74,963), 38063 ($63,006), 38001 ($68,896), 38024 ($104,685), 38030 ($99,711), Dyer County ($92,632), and Crockett County ($75,827). But it's more than 38012 ($57,059), 38037 ($53,654), Lauderdale County ($61,805), and Halls town ($52,720).

38040$62,495
Halls town$52,720
Crockett County$75,827
Dyer County$92,632
Lauderdale County$61,805

38040 Per-Capita Income

The per-capita income for 38040 is $27,648. The per capita income ($27,648) for 38040 is less than the per capita income for 38024 ($41,817), 38034 ($32,946), 72315 ($28,240), 38001 ($28,973), 38030 ($38,025), Dyer County ($37,415), and Crockett County ($30,362). But it's more than 38012 ($24,699), 38037 ($21,334), 38063 ($26,141), Lauderdale County ($24,358), and Halls town ($25,850).

38040$27,648
Halls town$25,850
Crockett County$30,362
Dyer County$37,415
Lauderdale County$24,358

38040 High Income Households

1.1% of households make over $200,000 a year. The percent high income households (1.1%) for 38040 is more than 72315 (6.1%), 38030 (0.0%), 38034 (3.8%), 38037 (0.0%), 38063 (4.1%), 38001 (2.3%), 38012 (2.2%), 38024 (7.1%), Dyer County (5.4%), Lauderdale County (2.8%), Crockett County (2.8%), and Halls town (0.0%).

380401.1%
Halls town0.0%
Crockett County2.8%
Dyer County5.4%
Lauderdale County2.8%

38040 Median Household Income by Age of Householder

under 25 years 25 to 44 years 45 to 64 years 65 years and over
38040$41,140$48,452$46,436$49,444
Halls town$-1$34,443$46,328$35,125
Crockett County$36,615$58,409$79,744$43,852
Dyer County$54,708$57,582$58,864$42,512
Lauderdale County$39,934$52,057$51,318$36,995

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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 38040 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+
38040+/-$7,229+/-$11,049+/-$4,755+/-1.2%+/-$13,586+/-$31,692+/-$7,611+/-$16,846
Halls town+/-$12,252+/-$6,572+/-$3,615+/-4.7%+/-$-1+/-$13,491+/-$10,803+/-$16,666
Crockett County+/-$6,216+/-$7,019+/-$2,615+/-0.8%+/-$5,014+/-$13,969+/-$4,402+/-$7,050
Dyer County+/-$2,728+/-$20,651+/-$7,444+/-1.6%+/-$11,305+/-$5,248+/-$9,236+/-$5,259
Lauderdale County+/-$2,898+/-$3,557+/-$1,425+/-1.1%+/-$10,674+/-$8,242+/-$4,971+/-$3,429