38871 ZIP Code Profile, Map, Data & Demographics

ZIP Code Type: STANDARD
County: Pontotoc County
Centroid: Latitude 34.31, Longitude -89.159
Time Zone: Central Time Zone (UTC -6 hours)
Observes DST: Yes

ZIP Code 38871 has segments in 3 Counties (Lafayette, Pontotoc, Union).

Businesses Addresses: 26
PO Box Addresses: 37
Residential Addresses: 860

Multi-Family Addresses: 0
Single Family Addresses: 860

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

Thaxton, MS 38871 Data & Demographics (As of July 1, 2022)

POPULATION
Total Population	1,855 (100%)
Population in Households	1,855 (100.0%)
Population in Families	1,588 (85.6%)
Population in Group Quarters¹	0
Population Density	38
Diversity Index²	26


INCOME
Median Household Income	$54,824
Average Household Income	$77,019
% of Income for Mortgage⁴	14%
Per Capita Income	$29,511
Wealth Index⁵	67

HOUSING
Total HU (Housing Units)	796 (100%)
Owner Occupied HU	543 (68.2%)
Renter Occupied HU	174 (21.9%)
Vacant Housing Units	79 ( 9.9%)
Median Home Value	$147,105
Average Home Value	$163,812
Housing Affordability Index³	192

HOUSEHOLDS
Total Households	717
Average Household Size	2.59
Family Households	527
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.

Thaxton, MS 38871 - Peer Comparisons by Rank and Percentile

The table below compares 38871 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	0.00%	0.04%
Households	0.12%	0.08%
Families		0.00%
Median Household Income		2.29%
Per Capita Income		3.24%
Owner Occupied HU		0.22%

Variable Description	Rank	Percentile
Total Population	# 260	36th
Population Density	# 186	55th
Median Household Income	# 65	84th
Housing Affordability Index	# 242	59th
Per Capita Income	# 85	79th
Diversity Index	# 360	12th

38871 ZIP Code Profile, Map, Data & Demographics

ZIP Code 38871: Basic Data & USPS Preferred City Name

Thaxton, MS 38871 Data & Demographics (As of July 1, 2022)

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

Thaxton, MS 38871 - Peer Comparisons by Rank and Percentile

Popular Places Near ZIP Code 38871

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