US ZIP Code
38363

Parsons, TN

Decatur County  ·  Tennessee

● Active
👥 5,600 Population ↑ 6% since 2019
💰 $42,955 Median HH Income
▼ 44% below avg ↑ 24% since 2019
🎂 44.1 Median Age ↑ 3% since 2019
🏠 $105,700 Median Home Value
▼ 62% below avg ↑ 16% since 2019
🎓 21.7% College Grads
▼ 44% below avg
📊 10.7% Unemployment
▲ 119% above avg ↓ 25% since 2019
ZIP Code Details
ZIP Code38363
CityParsons
StateTennessee (TN)
CountyDecatur County
Area Code731
Elevation560 ft
Latitude35.687839
Longitude-88.110728
TimezoneChicago (DST)
FIPS47039
ZIP TypeStandard
StatusActive
People & Population (ACS 2023)
♂ Male 51.5% (2,881) Female 48.6% (2,719) ♀

Race & Ethnicity

White: 90.2%Hispanic: 2.9%Black: 4.7%Asian: 1.8%Other: 0.4%Race
White90.2%
Hispanic2.9%
Black4.7%
Asian1.8%
Other0.4%

Age Breakdown

Under 5
5%
5–17
15%
18–24
8%
25–44
23%
45–64
28%
65+
9%

Key Indicators

Median Age44.1 yrs ↑ 3% since 2019
Avg Household Size2.54
Below Poverty21.6% ▲ 116% above avg
College Grads21.7% ▼ 44% below avg
Unemployment10.7% ▲ 119% above avg
No HS Diploma98 (3%)
HS Graduate1,552 (47.1%)
Some College574 (17.4%)
Associates355 (10.8%)
Bachelors288 (8.7%)
Graduate Degree427 (13%)

Education

No HS: 3%HS Grad: 47.1%Some College: 17.4%Associates: 10.8%Bachelors: 8.7%Graduate: 13%Edu
No HS3.0%
HS Grad47.1%
Some College17.4%
Associates10.8%
Bachelors8.7%
Graduate13.0%
Housing & Income

Housing Tenure

Owner: 66.4%Renter: 33.6%Tenure
Owner66.4%
Renter33.6%

Home Value Distribution

Under $50k
11%
$50k–100k
36%
$100k–150k
18%
$150k–200k
14%
$200k–300k
9%
$300k–500k
7%
Over $500k
4%

Financials

Median HH Income$42,955 ▼ 44% below avg ↑ 24% since 2019
Median Home Value$105,700 ▼ 62% below avg ↑ 16% since 2019
Home/Income Ratio2.5x (nat avg ~3.5x)
Median Rent$720/mo ↑ 42% since 2019
Total Units2,839
Vacant Units673
Avg HH Size2.54

Income Distribution

Under $25k
31%
$25k–50k
24%
$50k–75k
16%
$75k–100k
15%
$100k–150k
11%
$150k–200k
1%
Over $200k
3%
Employment & Commute

How People Get to Work

Drove Alone
92%
Walked
1%
Work From Home
7%

Commute Time

Under 15 min
44%
15–30 min
24%
30–45 min
10%
Over 45 min
22%
Housing Stock

Year Built

Before 1940
3%
1940s–1950s
11%
1960s–1970s
19%
1980s–1990s
15%
2000+
53%

Summary

Total Units2,839
Vacant673
Owner Occupied66.4%
Renter Occupied33.6%
Avg HH Size2.54
Frequently Asked Questions
ZIP code 38363 is in Parsons, TN, in Decatur County.
ZIP code 38363 is located in Tennessee (TN).
ZIP code 38363 is in Decatur County, TN.
ZIP 38363 observes the Chicago timezone. Daylight Saving Time is observed.
The estimated population of ZIP code 38363 is 5,600 people (ACS 2023).
The median household income in ZIP code 38363 is $42,955 (ACS 2023).
The median home value in ZIP 38363 is $105,700 (ACS 2023).
About ZIP Code 38363

ZIP code 38363 is located in Parsons, Tennessee, within Decatur County. With a population of 5,600, this is a lightly populated ZIP code with a middle-aged community — the median age is 44.1 years. Economically, 38363 is a working-class ZIP code: the median household income of $42,955 is below the national average.

Real estate in ZIP code 38363 represents one of the more affordable housing markets in the country. The median home value of $105,700 is well below the national average. Renters can expect to pay around $720 per month in median rent. Homeownership is strong here — 66.4% of occupied units are owner-occupied, suggesting an established, stable residential community. Median home values have increased by 16% since 2019.

The population of 38363 is primarily White (90.21%). Residents are less-educated — 21.7% hold a bachelor's degree or higher, which is below the national average. Poverty affects a significant share of residents at 21.6%. Household income has grown by 24% since 2019.

The unemployment rate in 38363 stands at 10.7%, which is more than double the national average. As in most parts of the country, driving alone is the dominant commute mode at 81%.

Overall, ZIP code 38363 in Parsons, TN is characterized as working-class, less-educated, a middle-aged community, and predominantly owner-occupied. With 5,600 residents, a median household income of $42,955, and a median home value of $105,700, it offers a clear picture of life in this part of Tennessee.