Paris, TN · standard

ZIP Code 38242

Henry County, Tennessee — Census ACS demographics, housing tenure, and business patterns, benchmarked against every US ZIP.

20,151
42/sq mi
$47,938
Median income
$173,600
Median home value
20.7%
Bachelor's or higher

The verdict

Paris pairs one of the lowest household incomes in the country with below-median home values, in a rural, homeowner-dominated area.

12th pct
household income, US ZIPs
36th pct
home value, US ZIPs
42
people per sq mi
67%
owner-occupied homes

Source: U.S. Census Bureau ACS 5-Year Estimates (2019–2023). Percentiles rank ZIP 38242 against every reporting US ZIP.

ZIP code 38242 is classified by USPS as a standard delivery area and covers roughly 477.5 square miles in Paris, Henry County, Tennessee. The area is home to 20,151 residents, producing a population density of 42 people per square mile, and falls within the Chicago time zone. These USPS and Census boundary values drive every downstream statistic on this page, including the benchmarks that compare 38242 against Tennessee and the nation.

On the economic side, the median household income for ZIP 38242 sits at $47,938 (28% below the Tennessee average), while per-capita income is $30,294. The poverty rate stands at 19.7% and the unemployment rate at 3.3%. On housing, the median home value is $173,600 (30% below the state average) with median rent at $782 per month, and 67.1% of occupied units are owner-occupied, a direct signal of whether 38242 behaves more like a homeowner neighborhood or a renter-heavy ZIP.

Education and household profile round out the picture: 20.7% of adults hold a bachelor's degree or higher, the median age is 44.4, and the average commute is 19 minutes. We also surface 3 nearby ZIP codes within roughly 10 miles and 6 additional ZIPs sharing Henry County, so you can benchmark 38242 against its immediate geography rather than a national average alone. Every figure is sourced from the U.S. Census Bureau American Community Survey 5-Year Estimates, HUD Fair Market Rents, and FHFA Home Price Index data, no estimates, no proprietary scoring. Verify with HUD →

Top industries in ZIP 38242

Top 5 sectors by establishment count

Which industries have the most business establishments in ZIP 38242.

establishments

What this shows Establishment counts come from the Census ZIP Code Business Patterns program, which counts physical business locations rather than employees or revenue.

Source U.S. Census Bureau · ZIP Code Business Patterns (ZBP) As of 2023

Source: U.S. Census Bureau, American Community Survey 5-Year Estimates + ZIP Code Business Patterns + HUD FMR + FHFA HPI ACS demographics, ZBP business establishments, HUD Fair Market Rents, FHFA HPI for ZIP 38242, Paris, TN · 2023 Census ACS 5-Year Estimates use a rolling 60-month sample for stable small-geography estimates; ZBP updated annually; HUD FMR + FHFA HPI updated quarterly/annually.

Quick Facts

20,151

Population

477.5

Area (sq mi)

42

People / sq mi

Chicago

Time Zone

standard

ZIP Type

Neighborhood Scorecard
Get an A-F grade across income, safety, housing, rent, education, commute, and childcare for this ZIP code.
View Scorecard →

Who lives in ZIP 38242?

44.4

Median Age

47.9%

Male

52.1%

Female

1.8%

Foreign-Born

White 82.7%
African American 9.4%
Asian 0.5%
American Indian or Alaska Native 0.1%
Native Hawaiian or Pacific Islander 0.0%
Two or More Ethnicities 7.0%
Hispanic or Latino 3.1%

Hispanic or Latino is an ethnicity category from the Census Bureau and may overlap with other categories above.

Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)

How much do residents earn?

$47,938

Median Household Income

-28% vs state

$30,294

Per Capita Income

19.7%

Poverty Rate

3.3%

Unemployment Rate

18.7 min

Mean Commute Time

How ZIP 38242 ranks nationally

Household income vs. every US ZIP code

Median household income — the full national distribution, with this ZIP marked

$47,938 12th percentile higher than 12% of 30,318 US ZIPs

$0–$20,000: 118 US ZIPs (0%). Below this entry. $20,000–$40,000: 1,573 US ZIPs (5%). Below this entry. $40,000–$60,000: 7,092 US ZIPs (23%). This entry sits in this band. $60,000–$80,000: 9,980 US ZIPs (33%). Above this entry. $80,000–$100,000: 5,778 US ZIPs (19%). Above this entry. $100,000–$120,000: 2,855 US ZIPs (9%). Above this entry. $120,000–$140,000: 1,362 US ZIPs (4%). Above this entry. $140,000–$160,000: 686 US ZIPs (2%). Above this entry. $160,000–$180,000: 364 US ZIPs (1%). Above this entry. $180,000–$200,000: 186 US ZIPs (1%). Above this entry. $200,000–$220,000: 324 US ZIPs (1%). Above this entry. This ZIP $0 $200K+ every reporting US ZIP, bucketed by value

Each bar is a $20K-wide band; taller bars hold more US ZIPs. The dashed line + filled bar mark this entry. Hover or tap any bar for its full count, share, and where it sits relative to this entry.

Source U.S. Census Bureau — ACS 5-Year Estimates · 2019–2023

Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)

What is the education profile here?

High School Graduate or Higher 66.8%
Bachelor's Degree or Higher 20.7%

Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)

What does housing look like?

9,247

Total Housing Units

7,888

Occupied Units

1,359

Vacant Units

2.40

Avg Household Size

Occupancy Type

Owner 67.1%
Renter 32.9%

$173,600

Median Home Value

-30% vs state

$782

Median Rent

1979

Median Year Built

Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)

FHFA House Price Index, annual appreciation data based on repeat sales and appraisals

+4.6%

YoY Change (2024)

220

HPI Index (2000 = 100)

+120%

Total Change Since 2000

Home values in ZIP 38242 have increased 4.6% over the past year (2024). Since 2000, this ZIP has seen +120% cumulative appreciation.

Year Annual Change HPI Index
2020 +2.0% 145
2021 +14.5% 166
2022 +14.4% 191
2023 +10.2% 210
2024 +4.6% 220

Source: Federal Housing Finance Agency (FHFA) House Price Index, All-Transactions, Five-Digit ZIP Codes (Developmental Index). Index base = 100 in year 2000. Data through 2024. ZIP codes with few transactions may show missing values.

What businesses operate in this ZIP?

Census Bureau data shows 574 business establishments in ZIP 38242, employing approximately 8,205 people with a combined annual payroll of $347,451,000.

574

Businesses

8,205

Employees

$347.5M

Annual Payroll

16

Industry Sectors

Industry Establishments % of Total
Retail trade 117 20.4%
Health care and social assistance 76 13.2%
Other services (except public administration) 63 11.0%
Accommodation and food services 55 9.6%
Finance and insurance 46 8.0%
Professional, scientific, and technical services 38 6.6%
Construction 37 6.5%
Real estate and rental and leasing 31 5.4%
Manufacturing 26 4.5%
Administrative and support and waste management and remediation services 21 3.7%
Wholesale trade 20 3.5%
Transportation and warehousing 11 1.9%
Information 10 1.7%
Arts, entertainment, and recreation 9 1.6%
Agriculture, forestry, fishing and hunting 5 0.9%
Educational services 4 0.7%

Source: U.S. Census Bureau, ZIP Code Business Patterns (ZBP), 2023. Employment figures may include noise for disclosure avoidance.

Nearby ZIP Codes

Want a side-by-side? Compare 38242 vs 38251 →

ZIP 38242 vs its nearest neighbors, by population

Resident population of this ZIP and the closest reporting ZIP codes within ~10 miles.

residents

What this shows Among its immediate neighbors, ZIP 38242 ranks the most populous — useful context the national average alone can't give.

Source U.S. Census Bureau · ACS 5-Year Estimates As of 2019–2023

ZIP 38242 vs its nearest neighbors, by median income

Median household income of this ZIP and the closest reporting ZIP codes within ~10 miles.

median income

What this shows By household income, ZIP 38242 ranks #3 of 4 neighboring ZIPs — local affluence varies block to block, not just metro to metro.

Source U.S. Census Bureau · ACS 5-Year Estimates As of 2019–2023
ZIP Code City Population Distance
38251 Puryear, TN 2,751 9.9 mi
38236 Mansfield, TN 662 9.6 mi
38231 Henry, TN 1,664 8.3 mi

More ZIP Codes in Henry County

Frequently Asked Questions

What county is ZIP code 38242 in?
ZIP code 38242 (Paris) is located in Henry County, Tennessee. Henry County contains multiple ZIP codes, see the full list at /counties/henry-tn.
What is the population of ZIP code 38242?
ZIP code 38242 in Paris, TN has a population of 20,151 according to the Census Bureau ACS 2023 estimates.
What is the median household income in ZIP 38242?
The median household income in ZIP 38242 is $47,938, which is 37% below the national average of $76,288.
What is the average home value in ZIP 38242?
The median home value in ZIP 38242 is $173,600, which is 38% below the national average of $278,155.
What is the demographic makeup of ZIP 38242?
The largest racial group in ZIP 38242 is White at 82.7%. Hispanic or Latino residents make up 3.1% of the population.
How many businesses are in ZIP code 38242?
ZIP code 38242 has 574 business establishments employing approximately 8,205 people, according to Census Bureau ZIP Code Business Patterns (ZBP) 2023 data.
What are the main industries in ZIP code 38242?
The top industries by establishment count in ZIP 38242 are: Retail trade (117), Health care and social assistance (76), Other services (except public administration) (63). There are 16 industry sectors represented in total.
How have home values changed in ZIP code 38242?
According to the FHFA House Price Index, home values in ZIP 38242 increased by 4.6% in 2024. Since 2000, home values in this ZIP have appreciated by approximately 120%. This is a developmental index based on repeat sales and appraisal data from Fannie Mae and Freddie Mac.
What is the education level in ZIP code 38242?
In ZIP code 38242, 66.8% of residents aged 25+ have a high school diploma or higher, and 20.7% hold a bachelor's degree or higher. These figures come from the Census Bureau ACS 5-Year Estimates (2023).
What is the average commute time in ZIP 38242?
The mean commute time for workers in ZIP code 38242 is 18.7 minutes according to Census ACS data. The national average is roughly 26 minutes, so commuters here spend less time traveling to work than typical.
What percentage of residents own vs. rent in ZIP 38242?
In ZIP code 38242, approximately 67.1% of occupied housing units are owner-occupied and 32.9% are renter-occupied, based on Census ACS 2023 data.
What is the poverty rate in ZIP code 38242?
The poverty rate in ZIP code 38242 is 19.7% according to Census Bureau ACS 2023 estimates. This measures the percentage of the population living below the federal poverty threshold.

ZIP Code Research Guides

Official Data Resources for Paris, TN

Verify and explore additional data for this area using these official government sources.