US ZIP Code
38450

Collinwood, TN

Wayne County  ·  Tennessee

● Active
👥 2,633 Population ↓ 15% since 2019
💰 $42,773 Median HH Income
▼ 44% below avg ↑ 12% since 2019
🎂 49.8 Median Age ↑ 30% since 2019
🏠 $80,300 Median Home Value
▼ 71% below avg ↓ 12% since 2019
🎓 17.1% College Grads
▼ 56% below avg
📊 1.2% Unemployment
▼ 75% below avg ↓ 73% since 2019
ZIP Code Details
ZIP Code38450
CityCollinwood
StateTennessee (TN)
CountyWayne County
Area Code931
Elevation745 ft
Latitude35.203881
Longitude-87.669227
TimezoneChicago (DST)
FIPS47181
ZIP TypeStandard
StatusActive
People & Population (ACS 2023)
♂ Male 47.1% (1,241) Female 52.9% (1,392) ♀

Race & Ethnicity

White: 97%Hispanic: 1.5%Black: 0.2%Other: 1.2%Race
White97.0%
Hispanic1.5%
Black0.2%
Other1.2%

Age Breakdown

Under 5
4%
5–17
13%
18–24
4%
25–44
24%
45–64
30%
65+
13%

Key Indicators

Median Age49.8 yrs ↑ 30% since 2019
Avg Household Size2.27
Below Poverty23.0% ▲ 130% above avg
College Grads17.1% ▼ 56% below avg
Unemployment1.2% ▼ 75% below avg
No HS Diploma11 (0.6%)
HS Graduate1,039 (57.8%)
Some College264 (14.7%)
Associates177 (9.8%)
Bachelors96 (5.3%)
Graduate Degree212 (11.8%)

Education

No HS: 0.6%HS Grad: 57.8%Some College: 14.7%Associates: 9.8%Bachelors: 5.3%Graduate: 11.8%Edu
No HS0.6%
HS Grad57.8%
Some College14.7%
Associates9.8%
Bachelors5.3%
Graduate11.8%
Housing & Income

Housing Tenure

Owner: 77.7%Renter: 22.3%Tenure
Owner77.7%
Renter22.3%

Home Value Distribution

Under $50k
23%
$50k–100k
34%
$100k–150k
11%
$150k–200k
11%
$200k–300k
16%
$300k–500k
4%
Over $500k
1%

Financials

Median HH Income$42,773 ▼ 44% below avg ↑ 12% since 2019
Median Home Value$80,300 ▼ 71% below avg ↓ 12% since 2019
Home/Income Ratio1.9x (nat avg ~3.5x)
Median Rent$623/mo ↑ 37% since 2019
Total Units1,432
Vacant Units273
Avg HH Size2.27

Income Distribution

Under $25k
39%
$25k–50k
14%
$50k–75k
9%
$75k–100k
22%
$100k–150k
8%
$150k–200k
5%
Over $200k
4%
Employment & Commute

How People Get to Work

Drove Alone
88%
Public Transit
1%
Work From Home
11%

Commute Time

Under 15 min
30%
15–30 min
26%
30–45 min
15%
Over 45 min
29%
Housing Stock

Year Built

Before 1940
1%
1940s–1950s
8%
1960s–1970s
17%
1980s–1990s
18%
2000+
57%

Summary

Total Units1,432
Vacant273
Owner Occupied77.7%
Renter Occupied22.3%
Avg HH Size2.27
Frequently Asked Questions
ZIP code 38450 is in Collinwood, TN, in Wayne County.
ZIP code 38450 is located in Tennessee (TN).
ZIP code 38450 is in Wayne County, TN.
ZIP 38450 observes the Chicago timezone. Daylight Saving Time is observed.
The estimated population of ZIP code 38450 is 2,633 people (ACS 2023).
The median household income in ZIP code 38450 is $42,773 (ACS 2023).
The median home value in ZIP 38450 is $80,300 (ACS 2023).
About ZIP Code 38450

ZIP code 38450 is located in Collinwood, Tennessee, within Wayne County. With a population of 2,633, this is a sparsely populated ZIP code with a mature community — the median age is 49.8 years. Economically, 38450 is a working-class ZIP code: the median household income of $42,773 is below the national average.

Real estate in ZIP code 38450 represents one of the more affordable housing markets in the country. The median home value of $80,300 is well below the national average. Renters can expect to pay around $623 per month in median rent. Homeownership is strong here — 77.7% of occupied units are owner-occupied, suggesting an established, stable residential community. Median home values have decreased by 12% since 2019.

The population of 38450 is primarily White (97.04%). Residents are less-educated — 17.1% hold a bachelor's degree or higher, which is well below the national average. Poverty affects a significant share of residents at 23.0%. Household income has grown by 12% since 2019.

The unemployment rate in 38450 stands at 1.2%, which is well below the national average. As in most parts of the country, driving alone is the dominant commute mode at 80%.

Overall, ZIP code 38450 in Collinwood, TN is characterized as working-class, less-educated, a mature community, and predominantly owner-occupied. With 2,633 residents, a median household income of $42,773, and a median home value of $80,300, it offers a clear picture of life in this part of Tennessee.