38361 ZIP Code Profile, Map, Data & Demographics

ZIP Code Type: STANDARD
County: Hardin County
Centroid: Latitude 35.31, Longitude -88.287
Time Zone: Central Time Zone (UTC -6 hours)
Observes DST: Yes

ZIP Code 38361 has segments in 2 Counties (Hardin, McNairy).

Businesses Addresses: 5
PO Box Addresses: 23
Residential Addresses: 491

Multi-Family Addresses: 0
Single Family Addresses: 491

The ZIP Code maps and database are updated 4 times per year.
Database updated: July 1, 2023, Maps updated: May 3, 2023.

Morris Chapel, TN 38361 Data & Demographics (As of July 1, 2023)

POPULATION
Total Population	1,022 (100%)
Population in Households	1,022 (100.0%)
Population in Families	885 (86.6%)
Population in Group Quarters¹	0
Population Density	22
Diversity Index²	21


INCOME
Median Household Income	$55,248
Average Household Income	$61,830
% of Income for Mortgage⁴	18%
Per Capita Income	$25,954
Wealth Index⁵	45
Socioeconomic Status Index⁶	Moderate (54.7)

HOUSING
Total HU (Housing Units)	629 (100%)
Owner Occupied HU	378 (60.1%)
Renter Occupied HU	51 ( 8.1%)
Vacant Housing Units	200 (31.8%)
Median Home Value	$162,281
Average Home Value	$190,146
Housing Affordability Index³	148

HOUSEHOLDS
Total Households	429
Average Household Size	2.38
Family Households	328
Average Family Size	3.00

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.
The Socioeconomic Index ranges from zero (lowest relative status) to 100 (highest relative status). This measure quantifies disparities in social position of an area's inhabitants and is built from a broad range of demographic, housing, and socioeconomic inputs. More information on this measure can be found in Esri's SEI tutorial.

Morris Chapel, TN 38361 - Peer Comparisons by Rank and Percentile

The table below compares 38361 to the other 613 ZIP Codes in Tennessee by rank and percentile using July 1, 2023 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	2020-2023	2023-2028
Population	0.61%	-0.08%
Households	0.88%	0.05%
Families		0.12%
Median Household Income		0.92%
Per Capita Income		2.36%
Owner Occupied HU		0.21%

Variable Description	Rank	Percentile
Total Population	# 527	14th
Population Density	# 547	11th
Median Household Income	# 286	54th
Housing Affordability Index	# 513	84th
Per Capita Income	# 489	20th
Diversity Index	# 386	37th

38361 ZIP Code Profile, Map, Data & Demographics

ZIP Code 38361: Basic Data & USPS Preferred City Name

Morris Chapel, TN 38361 Data & Demographics (As of July 1, 2023)

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

Morris Chapel, TN 38361 - Peer Comparisons by Rank and Percentile

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