38240 Map

38240 Income Statistics

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Comparison to Surrounding Areas

38240 Median Household Income

The median household income ($58,468) for 38240 is less than the median household income for 38253 ($66,767). But it's more than 38260 ($49,336), 38080 ($33,750), 38232 ($49,438), 38259 ($35,625), 38059 ($57,182), 38079 ($28,750), Obion County ($53,102), Dyer County ($54,973), and Obion town ($49,018).

38240$58,468
Obion town$49,018
Dyer County$54,973
Obion County$53,102

38240 Average Household Income

The average household income ($71,751) for 38240 is less than the average household income for 38253 ($89,380) and Dyer County ($89,280). But it's more than 38260 ($63,741), 38232 ($55,288), 38259 ($48,682), 38059 ($68,051), 38079 ($52,062), 38080 ($45,935), Obion County ($71,392), and Obion town ($56,049).

38240$71,751
Obion town$56,049
Dyer County$89,280
Obion County$71,392

38240 Per-Capita Income

The per-capita income for 38240 is $35,095. The per capita income ($35,095) for 38240 is less than the per capita income for Dyer County ($37,628). But it's more than 38260 ($28,316), 38253 ($32,995), 38259 ($22,252), 38059 ($27,294), 38079 ($15,298), 38080 ($19,264), 38232 ($26,645), Obion County ($29,891), and Obion town ($27,341).

38240$35,095
Obion town$27,341
Dyer County$37,628
Obion County$29,891

38240 High Income Households

5.1% of households make over $200,000 a year. The percent high income households (5.1%) for 38240 is less than the percent high income households for 38253 (12.1%) and Dyer County (5.5%). But it's more than 38260 (1.5%), 38232 (0.0%), 38259 (0.0%), 38059 (1.2%), 38079 (1.9%), 38080 (0.8%), Obion County (3.0%), and Obion town (0.6%).

382405.1%
Obion town0.6%
Dyer County5.5%
Obion County3.0%

38240 Median Household Income by Age of Householder

under 25 years 25 to 44 years 45 to 64 years 65 years and over
38240$50,690$59,167$65,625$60,205
Obion town$50,690$39,432$50,179$38,500
Dyer County$51,556$57,630$60,536$43,921
Obion County$52,083$66,330$56,710$38,592

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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 38240 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+
38240+/-$10,710+/-$11,247+/-$5,582+/-4.2%+/-$50,392+/-$20,984+/-$48,072+/-$13,562
Obion town+/-$15,214+/-$10,596+/-$5,145+/-0.9%+/-$50,392+/-$24,556+/-$12,843+/-$35,233
Dyer County+/-$2,303+/-$22,139+/-$8,178+/-1.5%+/-$13,970+/-$3,009+/-$7,550+/-$3,794
Obion County+/-$2,557+/-$6,560+/-$2,697+/-0.9%+/-$23,978+/-$8,916+/-$4,270+/-$1,818