| ZIP Code | 38040 |
|---|---|
| City | Halls |
| State | Tennessee (TN) |
| County | Lauderdale County |
| Area Code | 731 |
| Elevation | 436 ft |
| Latitude | 35.879109 |
|---|---|
| Longitude | -89.482941 |
| Timezone | Chicago (DST) |
| FIPS | 47097 |
| ZIP Type | Standard |
| Status | Active |
Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 41.3 yrs ↑ 3% since 2019 |
|---|---|
| Avg Household Size | 2.25 |
| Below Poverty | 16.4% ▲ 64% above avg |
| College Grads | 21.0% ▼ 46% below avg |
| Unemployment | 2.3% ▼ 52% below avg |
| No HS Diploma | 25 (0.8%) |
| HS Graduate | 1,440 (48.4%) |
| Some College | 587 (19.7%) |
| Associates | 301 (10.1%) |
| Bachelors | 259 (8.7%) |
| Graduate Degree | 365 (12.3%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $52,119 ▼ 32% below avg ↑ 24% since 2019 |
|---|---|
| Median Home Value | $107,600 ▼ 61% below avg ↑ 38% since 2019 |
| Home/Income Ratio | 2.1x (nat avg ~3.5x) |
| Median Rent | $735/mo ↑ 13% since 2019 |
| Total Units | 2,320 |
| Vacant Units | 236 |
| Avg HH Size | 2.25 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Summary
| Total Units | 2,320 |
|---|---|
| Vacant | 236 |
| Owner Occupied | 55.5% |
| Renter Occupied | 44.5% |
| Avg HH Size | 2.25 |
ZIP code 38040 is located in Halls, Tennessee, within Lauderdale County. With a population of 4,689, this is a lightly populated ZIP code with a middle-aged community — the median age is 41.3 years. Economically, 38040 is a working-class ZIP code: the median household income of $52,119 is below the national average.
Real estate in ZIP code 38040 represents one of the more affordable housing markets in the country. The median home value of $107,600 is well below the national average. Renters can expect to pay around $735 per month in median rent. The area has a relatively balanced mix of owners (55.5%) and renters (44.5%). Median home values have increased by 38% since 2019.
The population of 38040 is primarily White (76.90%). Residents are less-educated — 21.0% hold a bachelor's degree or higher, which is below the national average. Poverty affects some residents at 16.4%. Household income has grown by 24% since 2019.
The unemployment rate in 38040 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 85%.
Overall, ZIP code 38040 in Halls, TN is characterized as working-class, less-educated, and a middle-aged community. With 4,689 residents, a median household income of $52,119, and a median home value of $107,600, it offers a clear picture of life in this part of Tennessee.