ZIP Code 38641

standard

Source:

Lake Cormorant · DeSoto County · Mississippi

Population
2,338

12/sq mi

Median income
$96,208

▲ 26% vs US

higher than 78% of US ZIPs

Median home value
$237,400

▼ 15% vs US

higher than 54% of US ZIPs

Bachelor's or higher
22.1%

Median age 38.6

Land area
190.1 sq mi

Chicago

ZIP code 38641 in Lake Cormorant, Mississippi has a population of 2,338. The median household income is $96,208, which is 26% above the national average. Median home value is $237,400, 15% below the US average. 22.1% of residents hold a bachelor's degree or higher.

ZIP code 38641 is classified by USPS as a standard delivery area and covers roughly 190.1 square miles in Lake Cormorant, DeSoto County, Mississippi. The area is home to 2,338 residents, producing a population density of 12 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 38641 against Mississippi and the nation.

On the economic side, the median household income for ZIP 38641 sits at $96,208 (83% above the Mississippi average), while per-capita income is $43,619. The poverty rate stands at 11.7% and the unemployment rate at 0.6%. On housing, the median home value is $237,400 (77% above the state average) with median rent at per month, and 94.9% of occupied units are owner-occupied, a direct signal of whether 38641 behaves more like a homeowner neighborhood or a renter-heavy ZIP.

Education and household profile round out the picture: 22.1% of adults hold a bachelor's degree or higher, the median age is 38.6, and the average commute is . We also surface 4 nearby ZIP codes within roughly 10 miles and 6 additional ZIPs sharing DeSoto County, so you can benchmark 38641 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 38641

Top 5 sectors by establishment count

Which industries have the most business establishments in ZIP 38641.

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 38641, Lake Cormorant, MS · 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

2,338

Population

190.1

Area (sq mi)

12

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 38641?

38.6

Median Age

43.8%

Male

56.2%

Female

3.1%

Foreign-Born

White 75.4%
African American 15.4%
Asian 0.2%
American Indian or Alaska Native 0.0%
Native Hawaiian or Pacific Islander 0.0%
Two or More Ethnicities 4.4%
Hispanic or Latino 6.6%

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?

$96,208

Median Household Income

+83% vs state

$43,619

Per Capita Income

11.7%

Poverty Rate

0.6%

Unemployment Rate

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

What is the education profile here?

High School Graduate or Higher 53.9%
Bachelor's Degree or Higher 22.1%

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

What does housing look like?

1,049

Total Housing Units

961

Occupied Units

88

Vacant Units

2.50

Avg Household Size

Occupancy Type

Owner 94.9%
Renter 5.1%

$237,400

Median Home Value

+77% vs state

1995

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

+24.7%

YoY Change (2023)

198

HPI Index (2000 = 100)

+98%

Total Change Since 2000

Home values in ZIP 38641 have increased 24.7% over the past year (2023). Since 2000, this ZIP has seen +98% cumulative appreciation.

Year Annual Change HPI Index
2019 +6.3% 126
2020 +3.0% 130
2021 +4.5% 136
2022 +16.9% 159
2023 +24.7% 198

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 2023. ZIP codes with few transactions may show missing values.

What businesses operate in this ZIP?

Census Bureau data shows 22 business establishments in ZIP 38641, employing approximately 204 people with a combined annual payroll of $9,656,000.

22

Businesses

204

Employees

$9.7M

Annual Payroll

3

Industry Sectors

Industry Establishments % of Total
Transportation and warehousing 5 22.7%
Construction 3 13.6%
Health care and social assistance 3 13.6%

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 38641 vs 38680 →

ZIP Code City Population Distance
38680 Walls, MS 6,194 3.7 mi
38109 Memphis, TN 46,594 8.5 mi
38637 Horn Lake, MS 26,066 8.3 mi
38664 Robinsonville, MS 3,279 10.7 mi

More ZIP Codes in DeSoto County

Frequently Asked Questions

What county is ZIP code 38641 in?
ZIP code 38641 (Lake Cormorant) is located in DeSoto County, Mississippi. DeSoto County contains multiple ZIP codes, see the full list at /counties/desoto-ms.
What is the population of ZIP code 38641?
ZIP code 38641 in Lake Cormorant, MS has a population of 2,338 according to the Census Bureau ACS 2023 estimates.
What is the median household income in ZIP 38641?
The median household income in ZIP 38641 is $96,208, which is 26% above the national average of $76,288.
What is the average home value in ZIP 38641?
The median home value in ZIP 38641 is $237,400, which is 15% below the national average of $278,155.
What is the demographic makeup of ZIP 38641?
The largest racial group in ZIP 38641 is White at 75.4%. Hispanic or Latino residents make up 6.6% of the population.
How many businesses are in ZIP code 38641?
ZIP code 38641 has 22 business establishments employing approximately 204 people, according to Census Bureau ZIP Code Business Patterns (ZBP) 2023 data.
What are the main industries in ZIP code 38641?
The top industries by establishment count in ZIP 38641 are: Transportation and warehousing (5), Construction (3), Health care and social assistance (3). There are 3 industry sectors represented in total.
How have home values changed in ZIP code 38641?
According to the FHFA House Price Index, home values in ZIP 38641 increased by 24.7% in 2023. Since 2000, home values in this ZIP have appreciated by approximately 98%. 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 38641?
In ZIP code 38641, 53.9% of residents aged 25+ have a high school diploma or higher, and 22.1% hold a bachelor's degree or higher. These figures come from the Census Bureau ACS 5-Year Estimates (2023).
What percentage of residents own vs. rent in ZIP 38641?
In ZIP code 38641, approximately 94.9% of occupied housing units are owner-occupied and 5.1% are renter-occupied, based on Census ACS 2023 data.
What is the poverty rate in ZIP code 38641?
The poverty rate in ZIP code 38641 is 11.7% 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 Lake Cormorant, MS

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

Source: U.S. Census Bureau, ACS 5-Year Estimates (2023). Business data: Source: Census ZIP Code Business Patterns (ZBP) 2023. Home value trends: Source: FHFA House Price Index (HPI), Five-Digit ZIP Codes.

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