US ZIP Code
38023

Drummonds, TN

Tipton County  ·  Tennessee

● Active
👥 5,343 Population ↓ 17% since 2019
💰 $71,734 Median HH Income
≈ Avg ↑ 8% since 2019
🎂 41.4 Median Age ↑ 20% since 2019
🏠 $229,500 Median Home Value
▼ 18% below avg ↑ 61% since 2019
🎓 32.8% College Grads
▼ 15% below avg
📊 2.3% Unemployment
▼ 53% below avg ↓ 38% since 2019
ZIP Code Details
ZIP Code38023
CityDrummonds
StateTennessee (TN)
CountyTipton County
Area Code901
Elevation205 ft
Latitude35.474501
Longitude-89.964131
TimezoneChicago (DST)
FIPS47167
ZIP TypeStandard
StatusActive
People & Population (ACS 2023)
♂ Male 51.4% (2,745) Female 48.6% (2,598) ♀

Race & Ethnicity

White: 85.3%Hispanic: 2.1%Black: 7.3%Asian: 1%Other: 4.1%Race
White85.3%
Hispanic2.1%
Black7.3%
Asian1.0%
Other4.1%

Age Breakdown

Under 5
3%
5–17
18%
18–24
8%
25–44
25%
45–64
25%
65+
13%

Key Indicators

Median Age41.4 yrs ↑ 20% since 2019
Avg Household Size2.75
Below Poverty10.9% ▲ 9% above avg
College Grads32.8% ▼ 15% below avg
Unemployment2.3% ▼ 53% below avg
No HS Diploma36 (1%)
HS Graduate1,233 (34.5%)
Some College691 (19.3%)
Associates446 (12.5%)
Bachelors343 (9.6%)
Graduate Degree829 (23.2%)

Education

No HS: 1%HS Grad: 34.5%Some College: 19.3%Associates: 12.5%Bachelors: 9.6%Graduate: 23.2%Edu
No HS1.0%
HS Grad34.5%
Some College19.3%
Associates12.5%
Bachelors9.6%
Graduate23.2%
Housing & Income

Housing Tenure

Owner: 81.2%Renter: 18.8%Tenure
Owner81.2%
Renter18.8%

Home Value Distribution

Under $50k
7%
$50k–100k
4%
$100k–150k
13%
$150k–200k
13%
$200k–300k
33%
$300k–500k
20%
Over $500k
8%

Financials

Median HH Income$71,734 ≈ Avg ↑ 8% since 2019
Median Home Value$229,500 ▼ 18% below avg ↑ 61% since 2019
Home/Income Ratio3.2x (nat avg ~3.5x)
Median Rent$1,161/mo ↑ 26% since 2019
Total Units2,135
Vacant Units195
Avg HH Size2.75

Income Distribution

Under $25k
11%
$25k–50k
17%
$50k–75k
23%
$75k–100k
17%
$100k–150k
13%
$150k–200k
13%
Over $200k
6%
Employment & Commute

How People Get to Work

Drove Alone
90%
Walked
3%
Work From Home
7%

Commute Time

Under 15 min
9%
15–30 min
29%
30–45 min
27%
Over 45 min
36%
Housing Stock

Year Built

Before 1940
2%
1940s–1950s
4%
1960s–1970s
14%
1980s–1990s
27%
2000+
54%

Summary

Total Units2,135
Vacant195
Owner Occupied81.2%
Renter Occupied18.8%
Avg HH Size2.75
Frequently Asked Questions
ZIP code 38023 is in Drummonds, TN, in Tipton County.
ZIP code 38023 is located in Tennessee (TN).
ZIP code 38023 is in Tipton County, TN.
ZIP 38023 observes the Chicago timezone. Daylight Saving Time is observed.
The estimated population of ZIP code 38023 is 5,343 people (ACS 2023).
The median household income in ZIP code 38023 is $71,734 (ACS 2023).
The median home value in ZIP 38023 is $229,500 (ACS 2023).
About ZIP Code 38023

ZIP code 38023 is located in Drummonds, Tennessee, within Tipton County. With a population of 5,343, this is a lightly populated ZIP code with a middle-aged community — the median age is 41.4 years. Economically, 38023 is a solidly middle-class ZIP code: the median household income of $71,734 is near the national average.

Real estate in ZIP code 38023 represents an affordable housing market. The median home value of $229,500 is below the national average. Renters can expect to pay around $1,161 per month in median rent. Homeownership is strong here — 81.2% of occupied units are owner-occupied, suggesting an established, stable residential community. Median home values have increased by 61% since 2019.

The population of 38023 is primarily White (85.29%). Residents are moderately educated — 32.8% hold a bachelor's degree or higher, which is below the national average. Poverty affects some residents at 10.9%. Household income has grown by 8% since 2019.

The unemployment rate in 38023 stands at 2.3%, which is well below the national average. As in most parts of the country, driving alone is the dominant commute mode at 83%.

Overall, ZIP code 38023 in Drummonds, TN is characterized as solidly middle-class, moderately educated, a middle-aged community, and predominantly owner-occupied. With 5,343 residents, a median household income of $71,734, and a median home value of $229,500, it offers a clear picture of life in this part of Tennessee.