Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 44.1 yrs |
|---|---|
| Avg HH Size | 2.54 |
| Below Poverty | 21.6% ▲ 116% above avg |
| College Grads | 21.7% ▼ 44% below avg |
| Unemployment | 10.7% ▲ 119% above avg |
| No HS Diploma | 98 (3%) |
| HS Graduate | 1,552 (47.1%) |
| Some College | 574 (17.4%) |
| Associates | 355 (10.8%) |
| Bachelors | 288 (8.7%) |
| Graduate Degree | 427 (13%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $42,955 ▼ 44% below avg |
|---|---|
| Median Home Value | $105,700 ▼ 62% below avg |
| Home/Income Ratio | 2.5x (nat avg ~3.5x) |
| Median Rent | $720/mo |
| Total Housing Units | 2,839 |
| Vacant Units | 673 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Parsons is a city in Tennessee, located in Decatur County. The city spans 1 ZIP code and is home to approximately 5,600 residents. It is a middle-aged city, with a median age of 44.1 years.
Economically, Parsons is a working-class community. The median household income of $42,955 is below the national average. Approximately 21.6% of residents live below the poverty line. The unemployment rate is 10.7%, more than double the national average.
The real estate market in Parsons is one of the more affordable housing markets in the country. Median home values stand at $105,700, which is well below the national average. Renters typically pay around $720 per month. Homeownership is high at 66.4%, typical of suburban and family-oriented communities.
The population of Parsons is less-educated. 21.7% of adults hold a bachelor's degree or higher — below the national average. The community is primarily White (90.21%).
Parsons, TN offers residents a cost-conscious lifestyle within Tennessee.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 38363 | 5,600 | $42,955 | $105,700 | $720 | 10.7% | 21.7% | 66.4% |