Interested in purchasing investment houses in the 38362 zip code in Oakfield, TN?
The zip code 38362 is in Madison county with a latitude of -88.782920000000 and longitude of 35.729060000000, is in the state of Tennessee. The average asking price of houses and condos is $86,125.00 and the average sale price was $204,750.00. this regions is classified as the Jackson metro area and is in the 731 area code. The location in degrees is 35° 43' 44.616" N, 88° 46' 58.512" W. The county F.I.P.S. is 47113. The total land area is 8.3 square miles and the water area is 0.0 square miles. The elevation in this area is 371 - 449 feet. The zip code is on central standard time and observes daylight savings time.
The zip 38362 is in county number 113 and is L. Sector 97, L. Segment 00, H. Sector 00, and H. Segment 00. The population was 1,377 in 2019 and 1,145 in 2010. Of this, the break down in 2019 was 497 urban and 879 rural. This further breaks down to 754 males (54.8%) and 622 females (45.2%). The median age of residents is 30.0 years. The population of the greater Jackson, TN area is 115,270. The population density (people per square mile) is 165. This zip code has a combined total of 525 houses and condos. There are 141 rented appartments. 29% of residents rent versus the 29% of residents in the state who rent.
The financial status of those living in this area is considered middle class. The average individual gross adjusted income is $42,409 and the average salary is $38,773. The median household income of individuals is $56,238.00 and the average is $45,410.00. This zip code has a mean commute time to work of 17.7 minutes. The unemployment rate is 1.0%. Income earners by percent breakdown as 41.10% (Under $50,000), 44.60% ($50,000-$100,000), and 14.40% earn over $100,000. 2.4% of residents live below poverty line versus the 13.9% in the state that are below this line. The cost of living index is 86.3. The educational breakdown is 90.4% have a high school education or higher, 14.6% have a bachelor's degree or higher, and 0.0% have some kind of profesional degree.
This area has 421 households and the average size is 2.8 people. Individuals who are single and have never been married are 31.2%, 56.5% are now married, 0.0% are separated, 1.7% are widowed, and 10.6% are divorced. The average yearly contribution amount given by people to charity was $4,644 versus the state average of $6,709. The percent of residents who gave to charity was 16.1%.
The estimated median value of houses and condos is $112,897. The median monthly owner costs of mortgage holders was $872, where as the costs for those who don't have a mortgage are $468. The median number of rooms in houses and condos are 5.9 versus apartments which had a median number of 5.0.
The real estate tax percent rate is 0.5% which equated to an average real estate tax amount payment of $529. 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. Reported taxable interest for persons was $218, dividends $217, capital gains +$7,900, and itemized deductions $15,818. The average earned income tax credit is $2,447. The percent of individuals that use a tax preparer is 50.0%. The total average income taxes paid by individuals was $2,509. Businesses reported an average profit of $5,917.
LongHorn Steakhouse
631 Vann Dr, Jackson, TN 38305 (3.9 miles away)
Medina BBQ
358 S Main St, Medina, TN 38355 (5.9 miles away)
Catfish Cabin
1290 S Highland Ave, Jackson, TN 38301 (8.1 miles away)
Toyami Inc
2718 N Central Ave, Humboldt, TN 38343 (10.5 miles away)
Store & Cafe
1132 S Main St, Gibson, TN 38338 (10.8 miles away)
Farm House
37 White Fern Rd, Beech Bluff, TN 38313 (12.1 miles away)
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