38240 Map

38240 Income Statistics

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Comparison to Surrounding Areas

38240 Median Household Income

The median household income ($53,750) for 38240 is less than the median household income for 38059 ($54,750) and 38253 ($62,700). But it's more than 38260 ($50,560), 38080 ($38,427), 38232 ($44,292), 38259 ($34,167), 38079 ($30,172), Obion County ($50,638), Dyer County ($53,150), and Obion town ($47,500).

38240$53,750
Obion town$47,500
Dyer County$53,150
Obion County$50,638

38240 Average Household Income

The average household income ($70,068) for 38240 is less than the average household income for 38253 ($84,146) and Dyer County ($92,632). But it's more than 38260 ($61,295), 38232 ($51,073), 38259 ($44,523), 38059 ($61,912), 38079 ($53,982), 38080 ($54,226), Obion County ($68,079), and Obion town ($54,549).

38240$70,068
Obion town$54,549
Dyer County$92,632
Obion County$68,079

38240 Per-Capita Income

The per-capita income for 38240 is $32,863. The per capita income ($32,863) for 38240 is less than the per capita income for Dyer County ($37,415). But it's more than 38260 ($27,148), 38253 ($30,453), 38259 ($19,524), 38059 ($25,871), 38079 ($19,670), 38080 ($21,195), 38232 ($22,920), Obion County ($28,782), and Obion town ($25,016).

38240$32,863
Obion town$25,016
Dyer County$37,415
Obion County$28,782

38240 High Income Households

5.1% of households make over $200,000 a year. The percent high income households (5.1%) for 38240 is more than 38260 (2.0%), 38232 (0.0%), 38253 (12.3%), 38259 (0.0%), 38059 (0.3%), 38079 (1.2%), 38080 (2.8%), Obion County (2.7%), Dyer County (5.4%), and Obion town (1.1%).

382405.1%
Obion town1.1%
Dyer County5.4%
Obion County2.7%

38240 Median Household Income by Age of Householder

under 25 years 25 to 44 years 45 to 64 years 65 years and over
38240$48,269$49,583$64,643$57,637
Obion town$48,269$46,250$45,556$46,875
Dyer County$54,708$57,582$58,864$42,512
Obion County$48,185$61,085$54,648$37,380

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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 38240 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+
38240+/-$10,417+/-$10,660+/-$4,941+/-4.0%+/-$39,771+/-$15,705+/-$46,291+/-$12,056
Obion town+/-$13,604+/-$10,866+/-$5,016+/-1.5%+/-$39,771+/-$28,259+/-$20,323+/-$29,794
Dyer County+/-$2,728+/-$20,651+/-$7,444+/-1.6%+/-$11,305+/-$5,248+/-$9,236+/-$5,259
Obion County+/-$2,113+/-$6,020+/-$2,497+/-0.8%+/-$15,822+/-$8,466+/-$4,510+/-$2,948