38040 Income Statistics

Comparison to Surrounding Areas

38040 Median Household Income

The median household income ($49,833) for 38040 is less than the median household income for 72315 ($52,259), 38024 ($57,061), 38030 ($123,750), 38037 ($51,976), 38001 ($53,438), Dyer County ($58,154), Lauderdale County ($49,879), and Crockett County ($62,165). But it's more than 38012 ($45,974), 38034 ($47,241), 38063 ($49,403), and Halls town ($43,750).

38040$49,833
Halls town$43,750
Crockett County$62,165
Dyer County$58,154
Lauderdale County$49,879

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38040 Average Household Income

The average household income ($69,163) for 38040 is less than the average household income for 38024 ($94,631), 38030 ($95,683), 72315 ($73,888), Crockett County ($79,515), and Dyer County ($87,907). But it's more than 38012 ($61,799), 38037 ($57,631), 38063 ($68,885), 38001 ($68,789), 38034 ($65,964), Lauderdale County ($66,819), and Halls town ($57,772).

38040$69,163
Halls town$57,772
Crockett County$79,515
Dyer County$87,907
Lauderdale County$66,819

Get Average Household Income for all Zip Codes in Tennessee.

38040 Per-Capita Income

The per-capita income for 38040 is $33,312. The per capita income ($33,312) for 38040 is less than the per capita income for 38024 ($41,174), 38030 ($59,659), and Dyer County ($37,772). But it's more than 72315 ($30,714), 38034 ($28,605), 38037 ($23,560), 38063 ($27,788), 38001 ($29,862), 38012 ($26,158), Lauderdale County ($26,653), Crockett County ($32,864), and Halls town ($28,015).

38040$33,312
Halls town$28,015
Crockett County$32,864
Dyer County$37,772
Lauderdale County$26,653

Get Per-Capita Income for all Zip Codes in Tennessee.

38040 High Income Households

2.3% of households make over $200,000 a year. The percent high income households (2.3%) for 38040 is less than the percent high income households for 38012 (4.0%), 38024 (6.1%), 38063 (4.4%), 72315 (5.8%), Dyer County (5.1%), Lauderdale County (3.1%), and Crockett County (3.0%). But it's more than 38001 (1.6%), 38030 (0.0%), 38034 (2.2%), 38037 (0.0%), and Halls town (0.5%).

380402.3%
Halls town0.5%
Crockett County3.0%
Dyer County5.1%
Lauderdale County3.1%

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38040 Median Household Income by Age of Householder

under 25 years 25 to 44 years 45 to 64 years 65 years and over
38040$43,889$41,667$62,159$50,144
Halls town$-1$37,139$68,000$32,614
Crockett County$60,625$70,293$82,463$41,522
Dyer County$50,500$60,064$62,414$47,068
Lauderdale County$34,464$53,344$57,619$37,319

Get Median Household Income by Age of Householder for all Zip Codes in Tennessee.

38040 Map

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About the Data

Data Sources

All income statistics above are the most current, comparable income statistics available from the US Census Bureau and are from the American Community Survey 2024 5-year estimates. You can find this information and other demographics for 38040 on the US Census Bureau’s website. These values are in 2024 inflation-adjusted dollars and were downloaded on 29 January 2026.

The following data tables were used:

  • B19001 Household Income in the Past 12 Months (in 2024 inflation-adjusted dollars)
  • B19013 Median Household Income in the Past 12 Months (in 2024 inflation-adjusted dollars)
  • B19301 Per Capita Income in the Past 12 Months (in 2024 inflation-adjusted dollars)
  • S1902 Mean Income in the Past 12 Months (in 2024 inflation-adjusted dollars)
  • B19049 Median Household Income in the Past 12 Months (in 2024 inflation-adjusted dollars) By Age Of Householder

Margins of Error

Margins of error for the 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+/-$12,119+/-$13,468+/-$6,525+/-1.7%+/-$27,890+/-$41,015+/-$20,545+/-$21,851
Halls town+/-$14,939+/-$7,595+/-$4,042+/-0.9%+/-$-1+/-$31,219+/-$31,162+/-$24,401
Crockett County+/-$5,593+/-$7,916+/-$3,053+/-1.1%+/-$26,252+/-$15,824+/-$14,210+/-$9,889
Dyer County+/-$3,239+/-$16,428+/-$7,438+/-1.7%+/-$21,516+/-$3,076+/-$10,166+/-$6,289
Lauderdale County+/-$3,995+/-$4,785+/-$1,866+/-1.4%+/-$10,139+/-$8,238+/-$9,761+/-$5,347