38650 ZIP Code Profile, Map, Data & Demographics

ZIP Code Type: STANDARD
County: Union County
Centroid: Latitude 34.544, Longitude -89.129
Time Zone: Central Time Zone (UTC -6 hours)
Observes DST: Yes

ZIP Code 38650 has segments in 3 Counties (Benton, Tippah, Union).

Businesses Addresses: 52
PO Box Addresses: 113
Residential Addresses: 1,640

Multi-Family Addresses: 0
Single Family Addresses: 1,640

The ZIP Code maps and database are updated 4 times per year.
Database updated: April 1, 2023, Maps updated: February 3, 2023.

Myrtle, MS 38650 Data & Demographics (As of July 1, 2022)

POPULATION
Total Population	4,486 (100%)
Population in Households	4,472 (99.7%)
Population in Families	3,800 (84.7%)
Population in Group Quarters¹	14 ( 0.3%)
Population Density	55
Diversity Index²	31


INCOME
Median Household Income	$47,012
Average Household Income	$58,753
% of Income for Mortgage⁴	13%
Per Capita Income	$22,202
Wealth Index⁵	39

HOUSING
Total HU (Housing Units)	1,894 (100%)
Owner Occupied HU	1,294 (68.3%)
Renter Occupied HU	402 (21.2%)
Vacant Housing Units	198 (10.5%)
Median Home Value	$119,876
Average Home Value	$134,075
Housing Affordability Index³	197

HOUSEHOLDS
Total Households	1,696
Average Household Size	2.64
Family Households	1,226
Average Family Size	3.00

NOTES

Group Quarters - a place where people live or stay in a group living arrangement. Includes college residents halls, nursing facilities, military barracks, and correctional facilities.
The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different races or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
The % of Income for Mortgage quantifies the percentage of median household income dedicated to mortgage payments on a home priced at the median value (assuming a 30-year mortgage and a 20% down payment).
The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.

Myrtle, MS 38650 - Peer Comparisons by Rank and Percentile

The table below compares 38650 to the other 407 ZIP Codes in Mississippi by rank and percentile using July 1, 2022 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

GROWTH RATE / YEAR	2020-2022	2022-2027
Population	0.39%	0.23%
Households	0.53%	0.35%
Families		0.29%
Median Household Income		2.42%
Per Capita Income		2.31%
Owner Occupied HU		0.38%

Variable Description	Rank	Percentile
Total Population	# 165	60th
Population Density	# 144	65th
Median Household Income	# 148	64th
Housing Affordability Index	# 264	65th
Per Capita Income	# 295	28th
Diversity Index	# 333	18th

38650 ZIP Code Profile, Map, Data & Demographics

ZIP Code 38650: Basic Data & USPS Preferred City Name

Myrtle, MS 38650 Data & Demographics (As of July 1, 2022)

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

Myrtle, MS 38650 - Peer Comparisons by Rank and Percentile

Popular Places Near ZIP Code 38650

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