Income & Economy in Cookeville city, TN (38501)
Median Income
$50,923
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+1,504
Wealth inflow
Population
42,422
Unemployment
4.2%
0.5pp above US avg
IRS migration statistics show a net inflow of about 1,504 for ZIP 38501 (Cookeville 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 38501 (2020–Present)
Since 2020, population grew 8.7%, median income rose 4.1% (inflation-adjusted), home values increased 28.6%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $50,923 |
| Unemployment | 4.2% |
| Establishments | 1,341 |
| Employees | 22,747 |