Income & Economy in Newbern town, TN (38059)
Median Income
$57,182
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+313
Wealth inflow
Population
8,822
Unemployment
1.4%
2.3pp below US avg
IRS migration statistics show a net inflow of about 313 for ZIP 38059 (Newbern 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 38059 (2020–Present)
Since 2020, population grew 11.3%, median income fell 4.1% (inflation-adjusted), home values increased 19.8%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $57,182 |
| Unemployment | 1.4% |
| Establishments | 82 |
| Employees | 1,622 |