ZIP Code 38059 -- Newbern, TN

Dyer | 2024 American Community Survey Data

Key Insights

  • With a price-to-income ratio of 2.4x, housing here is relatively affordable compared to the recommended 3-5x benchmark.

Quick Overview

Population
8,281
Unknown
Median Income
$62,281
Home Value
$150,300
Median Rent
$851
Median Age
35.40
Diversity Index
36.10
Low
Cost of Living
60.6
significantly below average
Unemployment
2.4%

About ZIP Code 38059

ZIP code 38059 in Newbern, Tennessee is a unknown area with a population of 8,281. The median household income is $62,281, which is This is 17% below the national median of $75,000.. The median home value is $150,300, representing a price-to-income ratio of 2.4x . The cost of living is significantly below average with an index of 60.6 (the national average is 100). Residents have a median age of 35.40 years. Approximately 26.7% of adults hold a bachelor's degree or higher. This ZIP code is located in Dyer, TN.

Population & Age

Total Population
8,281
Median Age
35.40
Male Population
3,976
48.0%
Female Population
4,305
52.0%
Density Classification
Unknown

Age Distribution

Race & Ethnicity

Diversity Index
36.10 Low
White
84.4%
Black or African American
4.8%
Hispanic or Latino
6.6%
Asian
0.1%
Native American
0.0%
Pacific Islander
0.0%
Two or More Races
8.5%
Other Race
2.3%

Racial Composition

Income & Economy

Median Household Income
$62,281
Mean Household Income
$75,074
Per Capita Income
$29,614
Below Poverty Line
12.2%

This is 17% below the national median of $75,000.

Income Distribution

Housing

Median Home Value
$150,300
Median Rent
$851
Total Housing Units
3,357
Occupied Units
3,107
Vacant Units
250
7.4% vacancy
Median Year Built
1980
Owner Occupied
69.1%
Renter Occupied
30.9%
Price-to-Income Ratio 2.4x

Affordable housing market

Ownership vs Rental

Owner 69.1% Renter 30.9%

Education

High School Diploma or Higher 90.7%
Bachelor's Degree or Higher 26.7%
Graduate or Professional Degree 8.8%

Employment & Commuting

Civilian Labor Force
3,557
Employment Rate
97.6%
Unemployment Rate
2.4%
Mean Commute Time
N/A

How People Get to Work

Drive Alone
87.7%
Carpool
3.2%
Public Transit
0.0%
Work from Home
6.9%

Cost of Living Index

60.6
significantly below average

The cost of living in ZIP code 38059 is 39.4% below the national average of 100.

0 National Avg (100) 200

Compare 38059 with:

Compare 38059 with Another ZIP Code

Nearby ZIP Codes

Other ZIP Codes in Dyer

ZIP Code City Population Median Income
38024 Dyersburg 25,952 $57,061
38259 Trimble 672 $39,896
38030 Finley 228 $123,750
38047 Lenox 205 $58,438

Frequently Asked Questions about ZIP Code 38059

ZIP code 38059 (Newbern, TN) has a total population of 8,281 according to the 2024 American Community Survey. The median age is 35.40 years.

The median household income in ZIP code 38059 is $62,281 per year, based on 2024 Census Bureau data. This is 17% below the national median of $75,000.

ZIP code 38059 is primarily located in Newbern, Tennessee (TN). It falls within Dyer County.

The median home value in ZIP code 38059 is $150,300, based on the 2024 American Community Survey 5-year estimates. The median monthly rent is $851.

The median age in ZIP code 38059 is 35.40 years, compared to the national median of 38.9 years. This makes the area younger than the national average.

ZIP code 38059 has a cost of living index of 60.57 (national average = 100). This means the cost of living is significantly below average compared to the national average.

In ZIP code 38059, 26.72% of adults (25+) hold a bachelor's degree or higher, compared to the national average of 33.7%. 8.76% hold a graduate or professional degree.

The unemployment rate in ZIP code 38059 is 2.36%, which is below the national average of 3.6%. About 6.93% of workers work from home.

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Data sourced from the 2024 American Community Survey (U.S. Census Bureau). Learn more about our data sources.