| ZIP Code | 38362 |
|---|---|
| City | Oakfield |
| State | Tennessee (TN) |
| County | Madison County |
| Area Code | 731 |
| Elevation | 439 ft |
| Latitude | 35.72694 |
|---|---|
| Longitude | -88.785157 |
| Timezone | Chicago (DST) |
| FIPS | 47113 |
| ZIP Type | Standard |
| Status | Active |
Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 41.1 yrs ↑ 38% since 2019 |
|---|---|
| Avg Household Size | 2.35 |
| Below Poverty | 13.3% ▲ 33% above avg |
| College Grads | 30.1% ▼ 22% below avg |
| Unemployment | 6.6% ▲ 34% above avg |
| HS Graduate | 154 (22.6%) |
| Some College | 114 (16.7%) |
| Associates | 208 (30.5%) |
| Bachelors | 61 (9%) |
| Graduate Degree | 144 (21.1%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $62,163 ▼ 19% below avg ↑ 17% since 2019 |
|---|---|
| Median Home Value | $143,300 ▼ 49% below avg ↑ 40% since 2019 |
| Home/Income Ratio | 2.3x (nat avg ~3.5x) |
| Median Rent | $1,152/mo |
| Total Units | 422 |
| Avg HH Size | 2.35 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Summary
| Total Units | 422 |
|---|---|
| Owner Occupied | 73.2% |
| Renter Occupied | 26.8% |
| Avg HH Size | 2.35 |
ZIP code 38362 is located in Oakfield, Tennessee, within Madison County. With a population of 991, this is a sparsely populated ZIP code with a middle-aged community — the median age is 41.1 years. Economically, 38362 is a solidly middle-class ZIP code: the median household income of $62,163 is below the national average.
Real estate in ZIP code 38362 represents one of the more affordable housing markets in the country. The median home value of $143,300 is below the national average. Renters can expect to pay around $1,152 per month in median rent. Homeownership is strong here — 73.2% of occupied units are owner-occupied, suggesting an established, stable residential community. Median home values have increased by 40% since 2019.
The population of 38362 is majority White (69.63%). Residents are moderately educated — 30.1% hold a bachelor's degree or higher, which is below the national average. Poverty affects some residents at 13.3%. Household income has grown by 17% since 2019.
The unemployment rate in 38362 stands at 6.6%, which is above the national average. As in most parts of the country, driving alone is the dominant commute mode at 92%.
Overall, ZIP code 38362 in Oakfield, TN is characterized as solidly middle-class, moderately educated, a middle-aged community, and predominantly owner-occupied. With 991 residents, a median household income of $62,163, and a median home value of $143,300, it offers a clear picture of life in this part of Tennessee.