Income & Economy in Germantown city, TN (38138)
Median Income
$130,125
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+900
Wealth inflow
Population
25,368
Unemployment
3.0%
0.7pp below US avg
IRS migration statistics show a net inflow of about 900 for ZIP 38138 (Germantown 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 38138 (2020–Present)
Since 2020, population grew 5.1%, median income rose 3.4% (inflation-adjusted), home values increased 12.9%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $130,125 |
| Unemployment | 3.0% |
| Establishments | 1,017 |
| Employees | 20,735 |