Income & Economy in Gates town, TN (38037)
Median Income
$45,948
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+55
Wealth inflow
Population
1,556
Unemployment
10.3%
6.6pp above US avg
IRS migration statistics show a net inflow of about 55 for ZIP 38037 (Gates 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 38037 (2020–Present)
Since 2020, population declined 0.1%, median income fell 11.6% (inflation-adjusted), home values decreased 16.7%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $45,948 |
| Unemployment | 10.3% |
| Establishments | 12 |
| Employees | 93 |