Income & Economy in Cookeville city, TN (38506)
Median Income
$63,051
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+1,052
Wealth inflow
Population
29,657
Unemployment
2.2%
1.5pp below US avg
IRS migration statistics show a net inflow of about 1,052 for ZIP 38506 (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 38506 (2020–Present)
Since 2020, population grew 2.9%, median income rose 10.1% (inflation-adjusted), home values increased 29.3%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $63,051 |
| Unemployment | 2.2% |
| Establishments | 479 |
| Employees | 8,484 |