Income & Economy in Lakeland city, TN (38002)
Median Income
$115,478
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+1,556
Wealth inflow
Population
43,868
Unemployment
2.7%
1.0pp below US avg
IRS migration statistics show a net inflow of about 1,556 for ZIP 38002 (Lakeland 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 38002 (2020–Present)
Since 2020, population grew 9.5%, median income rose 0.3% (inflation-adjusted), home values increased 19.6%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $115,478 |
| Unemployment | 2.7% |
| Establishments | 593 |
| Employees | 7,080 |