Interested in purchasing investment houses in the 38356 zip code in Medon, TN?
The zip code 38356 is in both Madison and Hardeman counties with a latitude of -88.895340000000 and longitude of 35.434490000000, is in the state of Tennessee. The average asking price of houses and condos is $167,909.00 and the average sale price was $48,278.00. this regions is classified as the Jackson metro area and is in the 731 area code. The location in degrees is 35° 26' 4.164" N, 88° 53' 43.224" W. The county F.I.P.S. is 47023. The total land area is 72.1 square miles and the water area is 0.2 square miles. The elevation in this area is 381 - 548 feet. The zip code is on central standard time and observes daylight savings time.
The zip 38356 is in county number 113 and is L. Sector 00, L. Segment 01, H. Sector 96, and H. Segment 96. The population was 2,757 in 2019 and 2,193 in 2010. This further breaks down to 1,356 males (49.2%) and 1,401 females (50.8%). The median age of residents is 42.3 years. The population of the greater Jackson, TN area is 115,270. The population density (people per square mile) is 38. This zip code has a combined total of 1,116 houses and condos. There are 146 rented appartments. 14% of residents rent versus the 14% 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 $42,205 and the average salary is $38,520. The median household income of individuals is $41,054.00 and the average is $48,340.00. This zip code has a mean commute time to work of 24.4 minutes. The unemployment rate is 4.3%. Income earners by percent breakdown as 58.60% (Under $50,000), 32.60% ($50,000-$100,000), and 8.80% earn over $100,000. 10.0% of residents live below poverty line versus the 13.9% in the state that are below this line. The cost of living index is 78.0. The educational breakdown is 88.8% have a high school education or higher, 10.4% have a bachelor's degree or higher, and 3.5% have some kind of profesional degree.
This area has 861 households and the average size is 2.7 people. Individuals who are single and have never been married are 26.7%, 57.7% are now married, 1.7% are separated, 5.2% are widowed, and 8.6% are divorced. The average yearly contribution amount given by people to charity was $5,300 versus the state average of $6,709. The percent of residents who gave to charity was 14.0%.
The estimated median value of houses and condos is $125,281. The median monthly owner costs of mortgage holders was $1,001, where as the costs for those who don't have a mortgage are $430. The median number of rooms in houses and condos are 6.1 versus apartments which had a median number of 4.4.
The real estate tax percent rate is 0.7% which equated to an average real estate tax amount payment of $860. 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 0.8% which amounted to an average tax amount of $857. Conversely, the median housing property tax percent for residents who don't have mortgages was 0.6% which amounted to an average tax amount of $870. Reported taxable interest for persons was $793, dividends $1,180, capital gains +$3,350, and itemized deductions $18,981. The average earned income tax credit is $2,371. The percent of individuals that use a tax preparer is 57.0%. The total average income taxes paid by individuals was $3,163. Businesses reported an average profit of $8,036.
Snowhite Tavern
26685 Highway 18, Medon, TN 38356
Dotties Diner
110 Kilgore Rd, Toone, TN 38381 (5.8 miles away)
Papa Daddy's
1704 Highway 138, Mercer, TN 38392 (8.1 miles away)
Country Pride
155 Providence Rd, Denmark, TN 38391 (9.6 miles away)
Brenda's Kitchen
4087 Us Highway 45 S, Pinson, TN 38366 (9.8 miles away)
Catfish Cabin
1290 S Highland Ave, Jackson, TN 38301 (13 miles away)
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