Interested in purchasing investment houses in the 38061 zip code in Pocahontas, TN?
The zip code 38061 is in both McNairy and Hardeman counties with a latitude of -88.767550000000 and longitude of 35.064970000000, is in the state of Tennessee. The average asking price of houses and condos is $93,500.00 and the average sale price was $251,462.00. this regions is classified as the Memphis metro area and is in the 731 area code. The location in degrees is 35° 3' 53.892" N, 88° 46' 3.18" W. The county F.I.P.S. is 47069. The total land area is 63.6 square miles and the water area is 0.4 square miles. The elevation in this area is 390 - 525 feet. The zip code is on central standard time and observes daylight savings time.
The zip 38061 is in county number 069 and is L. Sector 00, L. Segment 01, H. Sector 04, and H. Segment 04. The population was 627 in 2019 and 977 in 2010. This further breaks down to 303 males (48.3%) and 324 females (51.7%). The median age of residents is 60.9 years. The population density (people per square mile) is 10. This zip code has a combined total of 442 houses and condos. There are 29 rented appartments. 11% of residents rent versus the 11% of residents in the state who rent.
The financial status of those living in this area is considered lower middle class. The average individual gross adjusted income is $33,791 and the average salary is $33,117. The median household income of individuals is $36,476.00 and the average is $39,090.00. This zip code has a mean commute time to work of 28.6 minutes. Income earners by percent breakdown as 72.70% (Under $50,000), 22.10% ($50,000-$100,000), and 5.20% earn over $100,000. 22.9% of residents live below poverty line versus the 13.9% in the state that are below this line. The cost of living index is 78.7. The educational breakdown is 69.2% have a high school education or higher, 3.5% have a bachelor's degree or higher, and 1.7% have some kind of profesional degree.
This area has 401 households and the average size is 2.3 people. Individuals who are single and have never been married are 14.3%, 47.6% are now married, 3.5% are separated, 14.7% are widowed, and 20.0% are divorced.
The estimated median value of houses and condos is $131,916. The median monthly owner costs of mortgage holders was $933, where as the costs for those who don't have a mortgage are $344. The median number of rooms in houses and condos are 5.9 versus apartments which had a median number of 5.6.
The real estate tax percent rate is 0.6% which equated to an average real estate tax amount payment of $734. In comparision, the average real estate tax percent rate in the state is 0.6% which equated to an average real estate tax amount payment in the state of $1,220. The median housing property tax percent for residents with mortgages was 2.5% which amounted to an average tax amount of $1,008. Conversely, the median housing property tax percent for residents who don't have mortgages was 0.4% which amounted to an average tax amount of $633. Reported taxable interest for persons was $357 and itemized deductions $10,700. The average earned income tax credit is $2,382. The percent of individuals that use a tax preparer is 62.9%. The total average income taxes paid by individuals was $2,867. Businesses reported an average profit of $7,300.
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Jim's Steak & Fish
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Jacobs Grocery
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Muddy Creek Cafe
20640 Highway 15, Falkner, MS 38629 (15.4 miles away)
Pappy John's Original Barbecue
3597 Highway 45 S, Selmer, TN 38375 (15.5 miles away)