38224 ZIP Code Demographics & Rankings

ZIP Code Type: STANDARD
County: Henry County
Centroid: Latitude 36.38, Longitude -88.481
Time Zone: Central Time Zone (UTC -6 hours)
Observes DST: Yes

ZIP Code 38224 has segments in 2 Counties (Henry, Weakley).

Businesses Addresses: 25
PO Box Addresses: 13
Residential Addresses: 380

Multi-Family Addresses: 0
Single Family Addresses: 380

The ZIP Code maps and database are updated 4 times per year.
Database updated: July 1, 2020, Maps updated: May 1, 2020.

Cottage Grove, TN 38224 Data & Demographics (As of July 1, 2020)

POPULATION
Total Population	1,064 (100%)
Population in Households	1,064 (100.0%)
Population in Families	894 (84.0%)
Population in Group Quarters¹	0
Population Density	17
Diversity Index²	15


INCOME
Median Household Income	$40,411
Average Household Income	$56,841
% of Income for Mortgage⁴	10%
Per Capita Income	$20,674
Wealth Index⁵	54

HOUSING
Total HU (Housing Units)	460 (100%)
Owner Occupied HU	309 (67.2%)
Renter Occupied HU	78 (17.0%)
Vacant Housing Units	73 (15.9%)
Median Home Value	$94,837
Average Home Value	$142,961
Housing Affordability Index³	273

HOUSEHOLDS
Total Households	387
Average Household Size	2.75
Family Households	277
Average Family Size	3

NOTES

Group Quarters - a place where people live or stay in a group living arrangement. Includes college residents halls, nursing facilities, military barracks, and correctional facilities.
The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different races or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
The % of Income for Mortgage quantifies the percentage of median household income dedicated to mortgage payments on a home priced at the median value (assuming a 30-year mortgage and a 20% down payment).
The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.

Cottage Grove, TN 38224 - Peer Comparisons by Rank and Percentile

The table below compares 38224 to the other 610 ZIP Codes in Tennessee by rank and percentile using July 1, 2020 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

GROWTH RATE / YEAR	2010-2020	2020-2025
Population	-0.15%	-0.08%
Households	-0.15%	-0.05%
Families	-0.31%	-0.22%
Median Household Income		1.02%
Per Capita Income		1.23%
Owner Occupied HU		-0.06%

Variable Description	Rank	Percentile
Total Population	# 527	14th
Population Density	# 578	5th
Median Household Income	# 419	31st
Housing Affordability Index	# 565	93rd
Per Capita Income	# 481	21st
Diversity Index	# 400	35th

Cottage Grove, TN 38224 ZIP Code Profile

ZIP Code 38224: Basic Data & USPS Preferred City Name

Cottage Grove, TN 38224 Data & Demographics (As of July 1, 2020)

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

Cottage Grove, TN 38224 - Peer Comparisons by Rank and Percentile

Popular Places Near ZIP Code 38224

Use HTL Address Research for a Tennessee Address and get...

Quick & Easy Ways to...

Tennessee Census Data Comparison Tool

More Tools and Resources:

COVID-19 Statistics and Data

Henry County

Cottage Grove Jobs