ZIP Code 38242 — Paris city, TN Demographics & Data

ZIP code 38242 covers Paris, TN in Henry County with a population of about 19,619.

At a glance, the area shows median age of 44.5 versus a U.S. median of about 38.9.

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

Paris, TN sits in a university / college context (near tennessee college of applied technology-henry/carroll (2.0 mi)). Expect stronger interest in student housing, rentals, walkability, transit, and a younger adult age mix versus typical suburban ZIPs.

Median household income in ZIP 38242 is about $44,833 — about 40% below the U.S. median ($75,149).

On socioeconomic markers, US5 shows a poverty rate of 19.7%; unemployment rate near 1.9%; 20.4% of adults with a bachelor’s degree or higher (about 13.3 points below the national share (33.7%)).

Labor and commute patterns include leading industry context around Manufacturing, Healthcare, and Retail trade; about 4.3% of workers reporting work-from-home (about 10.8 points below the U.S. share (15.2%)); a mean commute of about 180.0 minutes (U.S. average near 26.8).

Median home value is about $157,400 — about 55% below the U.S. median home value ($348,079).

Housing tenure and rents show median gross rent around $538 (about 54% below the U.S. median rent ($1,163)), and owner-occupancy near 69.1% (about 3.7 points above the national owner-occupancy rate (65.4%)).

To comfortably buy a median-priced home in ZIP 38242 in Paris, TN, a household would need roughly $43,000 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 $1,011. That is roughly in line with the local median household income ($44,833). 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 Paris city, TN as Relatively Moderate (composite score 84.7), which is elevated versus much of the country. The strongest component scores on US5 are hurricane (48.9) and flood (38.8). 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 Paris city, TN show little to no average snow and around 55.0 inches of annual precipitation.

IRS migration statistics show a net inflow of about 696 for ZIP 38242 (Paris 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.