Income & Economy in Parsons city, TN (38363)
Median Income
$42,955
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+199
Wealth inflow
Population
5,600
Unemployment
10.7%
7.0pp above US avg
IRS migration statistics show a net inflow of about 199 for ZIP 38363 (Parsons city, 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 38363 (2020–Present)
Since 2020, population grew 5.1%, median income rose 10.3% (inflation-adjusted), home values increased 3.6%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $42,955 |
| Unemployment | 10.7% |
| Establishments | 150 |
| Employees | 2,397 |