ZIP 38024 - 860Z200US38024 — Demographic Snapshot (2023)

Overview

If you’re considering ZIP code 38024 for your next home, investment, or business venture, understanding the local demographics and housing landscape is essential. Located in a dynamic region, this area offers a blend of affordability and diversity that appeals to a wide range of stakeholders. With a population of over 25,000 and a median household income of $54,303, ZIP 38024 provides a snapshot of a stable, community-driven environment. This article breaks down the latest 2023 data to help homebuyers, real estate investors, small-business owners, and analysts make informed decisions.

Population & Households

ZIP 38024 is home to 25,357 residents, reflecting a sizable community with a mix of families, professionals, and individuals. These residents are spread across 10,507 households, indicating an average household size of roughly 2.4 people. This balance suggests a community that supports both family living and independent lifestyles, making it a versatile location for various demographic groups. Whether you’re a homebuyer looking for a family-friendly area or an investor assessing rental demand, the population density and household structure in 38024 offer a solid foundation for planning.

Income & Housing Costs

The median household income in ZIP 38024 stands at $54,303, pointing to a moderate earning capacity that supports a comfortable yet affordable lifestyle. On the housing front, the median home value is $171,100, which positions this area as an accessible entry point for first-time buyers or investors seeking value-driven opportunities. For renters, the median rent is $757 per month, offering a cost-effective alternative to homeownership. With 11,561 total housing units in the area, there’s a decent inventory to explore, though availability can vary based on market demand. These figures highlight ZIP 38024 as a practical choice for those balancing budget and quality of life.

Race & Ethnicity

The demographic makeup of ZIP 38024 reflects a predominantly White population at 74.27%, followed by a significant Black community at 19.13%. Hispanic residents account for 3.12% of the population, while Asian individuals make up 0.44%. This diversity contributes to a culturally rich environment, which can be a draw for businesses aiming to serve varied customer bases or families seeking inclusive communities. Understanding this breakdown helps stakeholders anticipate community needs, from tailored marketing strategies to housing preferences.

Key Facts

• Total population: 25,357 residents in ZIP 38024 as of 2023.
• Total households: 10,507, with an average size of about 2.4 people.
• Total housing units: 11,561, providing a range of options for buyers and renters.
• Median household income: $54,303, reflecting moderate earning potential.
• Median home value: $171,100, an affordable entry point for many buyers.
• Median rent: $757 per month, appealing to cost-conscious renters.
• Racial composition: 74.27% White, 19.13% Black, 3.12% Hispanic, 0.44% Asian.

What This Means for You

For homebuyers, ZIP 38024 offers a compelling mix of affordability and community size. With a median home value of $171,100, it’s a realistic option for first-time buyers or those looking to downsize without sacrificing quality. The moderate median income suggests neighbors with stable finances, fostering a reliable community vibe.

For investors and real estate agents, the housing stats in 38024 signal opportunity. The $757 median rent points to a strong rental market for budget-conscious tenants, while the total of 11,561 housing units provides inventory to work with. Consider focusing on properties near community hubs to maximize appeal.

For small-business owners, the diverse population and moderate income levels suggest a customer base with varied needs but limited discretionary spending. Tailor your offerings to essential goods or services, and leverage the cultural diversity (notably the 19.13% Black and 3.12% Hispanic populations) to build inclusive marketing campaigns.

For analysts, these metrics provide a clear baseline for deeper market studies. Pair this data with local employment trends or school ratings to uncover hidden growth potential in ZIP 38024.

Run This Study Yourself

• Visit ZipcodeGPT to access powerful demographic and housing analysis tools tailored to your needs.
• Enter any ZIP code, like 38024, to generate a detailed report with the latest data and insights.
• Use the results to inform your homebuying, investment, or business decisions with confidence.