Income & Economy in Powells Crossroads town, TN (37397)
Median Income
$55,776
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+356
Wealth inflow
Population
10,044
Unemployment
5.5%
1.8pp above US avg
IRS migration statistics show a net inflow of about 356 for ZIP 37397 (Powells Crossroads town, TN) on US5’s published series — a signal of people/tax filers moving in relative to those leaving. Inflows often track job growth, housing demand, or lifestyle migration; treat the figure as a directional indicator rather than a precise headcount.
Historical Trends in 37397 (2020–Present)
Since 2020, population declined 0.6%, median income fell 11.6% (inflation-adjusted), home values increased 12.1%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $55,776 |
| Unemployment | 5.5% |
| Establishments | 80 |
| Employees | 458 |