38483 ZIP Code Profile, Map, Data & Demographics

ZIP Code Type: STANDARD
County: Lawrence County
Centroid: Latitude 35.433, Longitude -87.336
Time Zone: Central Time Zone (UTC -6 hours)
Observes DST: Yes

ZIP Code 38483 has segments in 4 Counties (Giles, Lawrence, Lewis, Maury).

Businesses Addresses: 126
PO Box Addresses: 234
Residential Addresses: 2,365

Multi-Family Addresses: 98
Single Family Addresses: 2,267

Foreclosures in TN 38483

The ZIP Code maps and database are updated 4 times per year.
Database updated: January 1, 2023, Maps updated: August 12, 2022.

Summertown, TN 38483 Data & Demographics (As of July 1, 2022)

POPULATION
Total Population	6,091 (100%)
Population in Households	6,074 (99.7%)
Population in Families	5,258 (86.3%)
Population in Group Quarters¹	17 ( 0.3%)
Population Density	60
Diversity Index²	13


INCOME
Median Household Income	$51,337
Average Household Income	$70,290
% of Income for Mortgage⁴	19%
Per Capita Income	$25,805
Wealth Index⁵	52

HOUSING
Total HU (Housing Units)	2,481 (100%)
Owner Occupied HU	1,725 (69.5%)
Renter Occupied HU	483 (19.5%)
Vacant Housing Units	273 (11.0%)
Median Home Value	$184,924
Average Home Value	$202,146
Housing Affordability Index³	143

HOUSEHOLDS
Total Households	2,208
Average Household Size	2.75
Family Households	1,664
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.

Summertown, TN 38483 - Peer Comparisons by Rank and Percentile

The table below compares 38483 to the other 613 ZIP Codes in Tennessee by rank and percentile using July 1, 2022 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	2020-2022	2022-2027
Population	1.17%	0.93%
Households	1.34%	0.96%
Families		0.87%
Median Household Income		2.16%
Per Capita Income		3.09%
Owner Occupied HU		1.46%

Variable Description	Rank	Percentile
Total Population	# 268	56th
Population Density	# 360	42nd
Median Household Income	# 367	40th
Housing Affordability Index	# 287	47th
Per Capita Income	# 482	22nd
Diversity Index	# 544	11th

38483 ZIP Code Profile, Map, Data & Demographics

ZIP Code 38483: Basic Data & USPS Preferred City Name

Summertown, TN 38483 Data & Demographics (As of July 1, 2022)

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

Summertown, TN 38483 - Peer Comparisons by Rank and Percentile

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