US ZIP Code
38560

Elmwood, TN

Smith County  ·  Tennessee

● Active
👥 1,639 Population ↑ 17% since 2019
💰 $65,221 Median HH Income
▼ 15% below avg ↑ 60% since 2019
🎂 33.2 Median Age ↓ 26% since 2019
🏠 $202,700 Median Home Value
▼ 27% below avg ↑ 70% since 2019
🎓 32.8% College Grads
▼ 15% below avg
📊 6.2% Unemployment
▲ 27% above avg ↓ 43% since 2019
ZIP Code Details
ZIP Code38560
CityElmwood
StateTennessee (TN)
CountySmith County
Area Code615/629
Elevation762 ft
Latitude36.221926
Longitude-85.855639
TimezoneChicago (DST)
FIPS47159
ZIP TypeStandard
StatusActive
People & Population (ACS 2023)
♂ Male 57.6% (944) Female 42.4% (695) ♀

Race & Ethnicity

White: 94.1%Hispanic: 1.8%Black: 0.4%Asian: 1.9%Other: 1.8%Race
White94.1%
Hispanic1.8%
Black0.4%
Asian1.9%
Other1.8%

Age Breakdown

Under 5
1%
5–17
29%
18–24
10%
25–44
29%
45–64
21%
65+
4%

Key Indicators

Median Age33.2 yrs ↓ 26% since 2019
Avg Household Size3.80
Below Poverty16.4% ▲ 64% above avg
College Grads32.8% ▼ 15% below avg
Unemployment6.2% ▲ 27% above avg
No HS Diploma23 (2.8%)
HS Graduate357 (42.7%)
Some College99 (11.8%)
Associates83 (9.9%)
Bachelors144 (17.2%)
Graduate Degree130 (15.6%)

Education

No HS: 2.8%HS Grad: 42.7%Some College: 11.8%Associates: 9.9%Bachelors: 17.2%Graduate: 15.6%Edu
No HS2.8%
HS Grad42.7%
Some College11.8%
Associates9.9%
Bachelors17.2%
Graduate15.6%
Housing & Income

Housing Tenure

Owner: 68.5%Renter: 31.6%Tenure
Owner68.5%
Renter31.6%

Home Value Distribution

$50k–100k
14%
$100k–150k
25%
$150k–200k
11%
$200k–300k
34%
$300k–500k
11%
Over $500k
6%

Financials

Median HH Income$65,221 ▼ 15% below avg ↑ 60% since 2019
Median Home Value$202,700 ▼ 27% below avg ↑ 70% since 2019
Home/Income Ratio3.1x (nat avg ~3.5x)
Median Rent$783/mo ↑ 32% since 2019
Total Units584
Vacant Units153
Avg HH Size3.80

Income Distribution

Under $25k
16%
$25k–50k
21%
$50k–75k
16%
$75k–100k
11%
$100k–150k
14%
$150k–200k
12%
Over $200k
10%
Employment & Commute

How People Get to Work

Drove Alone
94%
Work From Home
6%

Commute Time

Under 15 min
17%
15–30 min
42%
30–45 min
15%
Over 45 min
27%
Housing Stock

Year Built

1940s–1950s
12%
1960s–1970s
11%
1980s–1990s
16%
2000+
61%

Summary

Total Units584
Vacant153
Owner Occupied68.5%
Renter Occupied31.6%
Avg HH Size3.80
Frequently Asked Questions
ZIP code 38560 is in Elmwood, TN, in Smith County.
ZIP code 38560 is located in Tennessee (TN).
ZIP code 38560 is in Smith County, TN.
ZIP 38560 observes the Chicago timezone. Daylight Saving Time is observed.
The estimated population of ZIP code 38560 is 1,639 people (ACS 2023).
The median household income in ZIP code 38560 is $65,221 (ACS 2023).
The median home value in ZIP 38560 is $202,700 (ACS 2023).
About ZIP Code 38560

ZIP code 38560 is located in Elmwood, Tennessee, within Smith County. With a population of 1,639, this is a sparsely populated ZIP code with a relatively young community — the median age is 33.2 years. Economically, 38560 is a solidly middle-class ZIP code: the median household income of $65,221 is near the national average.

Real estate in ZIP code 38560 represents an affordable housing market. The median home value of $202,700 is below the national average. Renters can expect to pay around $783 per month in median rent. Homeownership is strong here — 68.5% of occupied units are owner-occupied, suggesting an established, stable residential community. Median home values have increased by 70% since 2019.

The population of 38560 is primarily White (94.14%). Residents are moderately educated — 32.8% 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 60% since 2019.

The unemployment rate in 38560 stands at 6.2%, which is above the national average. As in most parts of the country, driving alone is the dominant commute mode at 87%.

Overall, ZIP code 38560 in Elmwood, TN is characterized as solidly middle-class, moderately educated, a relatively young community, and predominantly owner-occupied. With 1,639 residents, a median household income of $65,221, and a median home value of $202,700, it offers a clear picture of life in this part of Tennessee.