38224 Map

38224 Income Statistics

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Comparison to Surrounding Areas

38224 Median Household Income

The median household income ($58,828) for 38224 is less than the median household income for 42079 ($76,520). But it's more than 38241 ($54,091), 38242 ($44,833), 38251 ($52,759), 42049 ($48,482), Weakley County ($49,502), Henry County ($48,540), and Cottage Grove town ($38,750).

38224$58,828
Cottage Grove town$38,750
Henry County$48,540
Weakley County$49,502

38224 Average Household Income

The average household income ($77,946) for 38224 is less than the average household income for 38241 ($78,690) and 42079 ($104,984). But it's more than 38242 ($68,763), 38251 ($64,092), 42049 ($68,096), Henry County ($67,325), Weakley County ($63,928), and Cottage Grove town ($59,360).

38224$77,946
Cottage Grove town$59,360
Henry County$67,325
Weakley County$63,928

38224 Per-Capita Income

The per-capita income for 38224 is $32,702. The per capita income ($32,702) for 38224 is less than the per capita income for 42079 ($39,216). But it's more than 38241 ($30,468), 38242 ($29,621), 38251 ($27,193), 42049 ($26,716), Weakley County ($26,807), Henry County ($29,136), and Cottage Grove town ($25,785).

38224$32,702
Cottage Grove town$25,785
Henry County$29,136
Weakley County$26,807

38224 High Income Households

3.9% of households make over $200,000 a year. The percent high income households (3.9%) for 38224 is less than the percent high income households for 38242 (4.6%), 42049 (4.1%), and 42079 (7.5%). But it's more than 38241 (2.5%), 38251 (0.8%), Weakley County (2.6%), and Cottage Grove town (0.0%). And it's the same as Henry County (3.9%).

382243.9%
Cottage Grove town0.0%
Henry County3.9%
Weakley County2.6%

38224 Median Household Income by Age of Householder

under 25 years 25 to 44 years 45 to 64 years 65 years and over
38224$-1$82,708$39,792$64,000
Cottage Grove town$-1$-1$-1$32,500
Henry County$36,310$53,804$54,521$39,263
Weakley County$28,979$48,824$66,883$41,643

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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 38224 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+
38224+/-$12,669+/-$18,366+/-$10,397+/-4.2%+/-$-1+/-$9,694+/-$27,091+/-$57,092
Cottage Grove town+/-$18,548+/-$26,250+/-$12,424+/-67.8%+/-$-1+/-$-1+/-$-1+/-$21,258
Henry County+/-$2,778+/-$3,333+/-$1,343+/-1.0%+/-$3,100+/-$7,414+/-$7,577+/-$6,055
Weakley County+/-$2,298+/-$3,201+/-$1,206+/-0.9%+/-$5,121+/-$4,343+/-$5,652+/-$7,091