ZIP Code 38042 — Hickory Valley town, TN Demographics & Data

ZIP code 38042 covers Hickory Valley, TN in Hardeman County with a population of about 451.

At a glance, the area shows median age of 69.1 versus a U.S. median of about 38.9.

It sits in telephone area code 731; U.S. House district TN-8; the MEMPHIS media market.

Hickory Valley, TN fits a retirement-oriented profile (high share of residents 65+ (55.6%)). Residents and relocators commonly research healthcare access, everyday amenities (dining, personal services), and housing costs rather than tech or campus life.

Median household income in ZIP 38042 is about $48,897 — about 35% below the U.S. median ($75,149).

On socioeconomic markers, US5 shows a poverty rate of 18.2%; unemployment rate near 10.3%; 21.6% of adults with a bachelor’s degree or higher (about 12.1 points below the national share (33.7%)).

Labor and commute patterns include leading industry context around Retail trade, Transportation, and Healthcare; a mean commute of about 139.0 minutes (U.S. average near 26.8).

Median home value is about $144,300 — about 59% below the U.S. median home value ($348,079).

Housing tenure and rents show median gross rent around $802 (about 31% below the U.S. median rent ($1,163)), and owner-occupancy near 77.6% (about 12.2 points above the national owner-occupancy rate (65.4%)).

To comfortably buy a median-priced home in ZIP 38042 in Hickory Valley, TN, a household would need roughly $40,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $927. That sits below the local median household income ($48,897), suggesting the typical household income is closer to a workable buy-in level under these assumptions. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

FEMA’s National Risk Index rates natural-hazard risk for Hickory Valley town, TN as Relatively Low (composite score 63.0), which is near the middle of the national distribution. The strongest component scores on US5 are hurricane (58.7) and wildfire (34.9). These scores are county-linked NRI values published for planning context — all ZIP codes in the same county share the same composite score on US5. Useful when comparing insurance and disaster exposure across areas, not a substitute for a parcel-level flood or fire determination.

Climate normals for Hickory Valley town, TN show little to no average snow and around 57.8 inches of annual precipitation.

IRS migration statistics show a net inflow of about 16 for ZIP 38042 (Hickory Valley town, 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.