The ZIP Code 38362 is associated with the city of Oakfield in Tennessee in Madison County in the U.S. Approximately 0% of the population is living below the poverty line. The median household income of this region is $53,293. It is estimated that about 14.2% of residents in this Tennessee region hold a bachelor's degree or higher, while the per capita income is approximately $25,862. The median age in ZIP Code 38362 is approximately 29.7 years, with 14.7% of residents aged 62 years and older. The current population estimate is 1,363.
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Looking at race in the population that makes up ZIP Code 38362, 98.5% is one race, while 1.5% are two or more races. Approximately 7.3% of 38362 residents are hispanic or Latino (of any race). The most common race in 38362 (race alone or in combination with one or more other races), is White (57.4%), followed by Black or African American (44.2%) .
| Industry | Percent |
|---|---|
| White | 57.4% |
| Black or African American | 44.2% |
| American Indian and Alaska Native | 0.0% |
| Asian | 0.0% |
| Native Hawaiian and Other Pacific Islander | 0.0% |
| Some other race | 0.0% |
The median household income in ZIP Code 38362 is $53,293, while the region's mean household income is $68,456. Breaking income down further, per capita income in the region is $25,862. The per capita income in ZIP Code 38362 of $25,862 is approximately 13.39% less than the per capita income in the U.S. overall of $29,859. An estimated 0.0% of the population is living below the poverty line in this region. This rate is approximately 100% lower than the overall poverty rate in the U.S. of 9.5%. Regarding household income, approximately 28.2% of the population in 38362 earn $50,000 to $74,999 per year, while an estimated 18.7% earn $75,000 to $99,999 per year, and 0.0% of 38362 residents earn less than $10,000 per year.
| Household Income | Percent |
|---|---|
| Less than $10,000 per year | 0.0% |
| $10,000 to $14,999 per year | 1.9% |
| $15,000 to $24,999 per year | 12.4% |
| $25,000 to $34,999 per year | 16.8% |
| $35,000 to $49,999 per year | 6.8% |
| $50,000 to $74,999 per year | 28.2% |
| $75,000 to $99,999 per year | 18.7% |
| $100,000 to $149,999 per year | 10.8% |
| $150,000 to $199,999 per year | 1.7% |
| $200,000 or more per year | 2.7% |
In ZIP Code 38362, 90.2% of the population graduated high school, while 14.2% have a bachelor's degree or higher. In this region, 0.0% achieved an education level less than 9th grade, while 0.0% hold a graduate or professional degree. Approximately 45.4% in this Madison County region reached the highest level of high school graduate (including equivalency).
| Education Level | Percent |
|---|---|
| Less than 9th grade | 0.0% |
| 9th to 12th grade, no diploma | 9.8% |
| High school graduate (includes equivalency) | 45.4% |
| Some college, no degree | 23.1% |
| Associate's degree | 7.6% |
| Bachelor's degree | 14.2% |
| Graduate or professional degree | 0.0% |
Residents of ZIP Code 38362 are younger than average. The median age of 29.7 years in ZIP Code 38362 is approximately 22.05% lower than the overall median age in the U.S. of 38.1 years. About 76.9% of residents are aged 18 years and older, and 14.7% of residents are 62 years and over. Approximately 26.0% of the population in 38362 falls in the age group 25 to 34 years, while an estimated 13.3% are aged 35 to 44 years. On the low end of the scale, 0.0% of 38362 residents are aged 85 years and over.
| Age Range | Percent |
|---|---|
| Under 5 years | 5.1% |
| 5 to 9 years | 12.4% |
| 10 to 14 years | 5.6% |
| 15 to 19 years | 2.3% |
| 20 to 24 years | 5.7% |
| 25 to 34 years | 26.0% |
| 35 to 44 years | 13.3% |
| 45 to 54 years | 10.1% |
| 55 to 59 years | 2.8% |
| 60 to 64 years | 8.6% |
| 65 to 74 years | 2.5% |
| 75 to 84 years | 5.6% |
| 85 years and over | 0.0% |
In ZIP Code 38362, 98.6% of the population lists "English only" as the language spoken in home, while 1.4% of lists Spanish. Additionally, Asian and Pacific Islander languages are spoken in 0.0% of homes, and other Indo-European languages are spoken in 0.0% of homes. Lastly, 0.0% of homes list "other languages" as spoken in the home. All percentages referenced are for the population 5 years and older in this Madison County region.
| Language Spoken | Percent |
|---|---|
| English only | 98.6% |
| Spanish | 1.4% |
| Other Indo-European languages | 0.0% |
| Asian and Pacific Islander languages | 0.0% |
| Other languages | 0.0% |
Regarding the age of homes in ZIP Code 38362, an estimated 31.7% of homes were built between 1990 and 1999. Additionally, 21.7% of homes in the region were built between 1980 and 1989, while an estimated 0.0% of homes were built between 2010 and 2013 in this Madison County region.
| Year Home Built | Percent |
|---|---|
| Built in 2014 or later | 0.0% |
| Built between 2010 and 2013 | 0.0% |
| Built between 2000 and 2009 | 11.4% |
| Built between 1990 and 1999 | 31.7% |
| Built between 1980 and 1989 | 21.7% |
| Built between 1970 and 1979 | 10.3% |
| Built between 1960 and 1969 | 7.2% |
| Built between 1950 and 1959 | 1.2% |
| Built between 1940 and 1949 | 9.9% |
| Built in 1939 or earlier | 6.8% |
In 38362, 80.8% of the population is in the labor force. Recent estimates place 0.7% as working from home, while the total labor force in the region has a mean travel to time to work of 17.3 minutes. Approximately 50.7% of the employed population 16 years and over in 38362 work in educational services, and health care and social assistance, while an estimated 11.9% work in manufacturing. On the lower end of the scale, just 0.0% of 38362 workers 16 years and over work in other services, except public administration.
| Industry | Percent |
|---|---|
| Agriculture, forestry, fishing and hunting, and mining | 1.6% |
| Construction | 1.7% |
| Manufacturing | 11.9% |
| Wholesale trade | 2.6% |
| Retail trade | 8.0% |
| Transportation and warehousing, and utilities | 3.7% |
| Information | 1.0% |
| Finance and insurance, and real estate and rental and leasing | 2.2% |
| Professional, scientific, management, and administrative | 5.9% |
| Educational services, and health care and social assistance | 50.7% |
| Arts, entertainment, and recreation, and accommodation and food services | 9.7% |
| Other services, except public administration | 0.0% |
| Public administration | 1.2% |
| Health Issue | Percent of adults* |
|---|
One of the top preventative health measures in ZIP Code 38362 is current access to health insurance, as an estimated 88.7% of adults 18 and older take part in this preventive measure. Additionally, % of those 18 and above in 38362 list , as a preventive measure.
| Preventive Measure | Percent of adults* |
|---|---|
| Current access to health insurance | 88.7% |
| Risk Behavior | Percent of adults* |
|---|
Regarding solar power potential, ZIP Code 38362 has an average daily solar radiation level of 5.1 kWh/m2/day. This is approximately 23.79% greater than an area in the U.S. with historically low solar radiation levels (WA), and about 22.61% less than an area in the U.S. with historically high solar radiation levels (AZ).
| Region | Residential | Commercial | Industrial |
|---|---|---|---|
| ZIP Code 38362 | 10.49¢/kWh | 11.28¢/kWh | 6.55¢/kWh |
| Tennessee | 13.29¢/kWh | 12.98¢/kWh | 6.7¢/kWh |
| United States | 18.07¢/kWh | 14.06¢/kWh | 9.02¢/kWh |
| Month | ZIP Code 38362 | Low (WA) | High (AZ) |
|---|---|---|---|
| Jan | 3.99 | 1.9 | 5.84 |
| Feb | 4.33 | 3 | 6.31 |
| Mar | 5.05 | 3.65 | 7.02 |
| Apr | 5.43 | 5.13 | 7.3 |
| May | 5.59 | 5.17 | 7.13 |
| Jun | 5.76 | 5.72 | 6.95 |
| Jul | 5.7 | 6.22 | 6.51 |
| Aug | 6.09 | 6.08 | 6.65 |
| Sep | 5.78 | 5.15 | 7.02 |
| Oct | 5.5 | 3.32 | 6.92 |
| Nov | 4.54 | 2.33 | 5.99 |
| Dec | 3.45 | 1.78 | 5.46 |