City

Collinwood, TN

1 ZIP code  ·  Wayne County  ·  Tennessee

👥2,633Population
💰$42,773Median HH Income▼ 44% below avg
🎂49.8Median Age
🏠$80,300Median Home Value▼ 71% below avg
🎓17.1%College Grads▼ 56% below avg
📊1.2%Unemployment▼ 75% below avg
People & Population (ACS 2023 — weighted avg)
♂ Male 47.1% Female 52.9% ♀

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
Avg HH 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
Median Home Value$80,300 ▼ 71% below avg
Home/Income Ratio1.9x (nat avg ~3.5x)
Median Rent$623/mo
Total Housing Units1,432
Vacant Units273

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%
About Collinwood, TN

Collinwood is a city in Tennessee, located in Wayne County. The city spans 1 ZIP code and is home to approximately 2,633 residents. It is a mature city, with a median age of 49.8 years.

Economically, Collinwood is a working-class community. The median household income of $42,773 is below the national average. Approximately 23.0% of residents live below the poverty line. The unemployment rate is 1.2%, well below the national average.

The real estate market in Collinwood is one of the more affordable housing markets in the country. Median home values stand at $80,300, which is well below the national average. Renters typically pay around $623 per month. Homeownership is high at 77.7%, typical of suburban and family-oriented communities.

The population of Collinwood is less-educated. 17.1% of adults hold a bachelor's degree or higher — well below the national average. The community is primarily White (97.04%).

Collinwood, TN offers residents a cost-conscious lifestyle within Tennessee.

ZIP Codes in Collinwood
ZIPPopulationMedian IncomeMedian HomeMedian RentUnemp.CollegeOwner Occ.
38450 2,633 $42,773 $80,300 $623 1.2% 17.1% 77.7%