38305 ZIP Code Demographics & Rankings

ZIP Code Type: STANDARD
County: Madison County
Centroid: Latitude 35.681, Longitude -88.822
Time Zone: Central Time Zone (UTC -6 hours)
Observes DST: Yes

ZIP Code 38305 has segments in 2 Counties (Carroll, Madison).

Businesses Addresses: 2,062
PO Box Addresses: 0
Residential Addresses: 22,080

Multi-Family Addresses: 2,455
Single Family Addresses: 19,625

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

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Jackson, TN 38305 Data & Demographics (As of July 1, 2019)

HOUSING AFFORDABILITY INDEX
Jackson, TN 38305 Housing Affordability Index is 158 State of Tennessee Housing Affordability Index is 143
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.

WEALTH INDEX
Jackson, TN 38305 Wealth Index is 92 State of Tennessee Wealth Index is 81
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.

These new demographic attributes are availiable for Neighborhoods, Cities, Counties, and ZIP Codes.

POPULATION
Total Population	51,200 (100%)
Population in Households	49,727 (97.1%)
Population in Families	40,816 (79.7%)
Population in Group Quarters¹	1,473 ( 2.9%)
Population Density	432
Diversity Index²	57

INCOME
Median Household Income	$55,204
Average Household Income	$77,953
Per Capita Income	$30,815
Wealth Index⁴	92

HOUSING
Total Housing Units	21,640 (100%)
Owner Occupied HU	13,156 (60.8%)
Renter Occupied HU	7,040 (32.5%)
Vacant Housing Units	1,444 ( 6.7%)
Median Home Value	$174,613
Housing Affordability Index³	158

HOUSEHOLDS
Total Households	20,196
Average Household Size	2.46
Family Households	13,677
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 race 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 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.

Jackson, TN 38305 - Peer Comparisons by Rank and Percentile

The table below compares 38305 to the other 617 ZIP Codes in Tennessee by rank and percentile using July 1, 2019 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	2010-2019	2019-2024
Population	0.32%	0.29%
Households	0.39%	0.35%
Families	0.25%	0.25%
Median Household Income		2.18%
Per Capita Income		2.78%

Variable Description	Rank	Percentile
Total Population	# 17	97th
Population Density	# 130	79th
Diversity Index	# 40	94th
Median Household Income	# 134	78th
Per Capita Income	# 107	83rd

Jackson, TN 38305 ZIP Code Profile

ZIP Code 38305: Basic Data & USPS Preferred City Name

Popular Places Near ZIP Code 38305

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Jackson, TN 38305 Data & Demographics (As of July 1, 2019)

HOUSING AFFORDABILITY INDEX

WEALTH INDEX

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

Jackson, TN 38305 - Peer Comparisons by Rank and Percentile

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