Income & Economy in Scotts Hill town, TN (38374)
Median Income
$38,591
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+69
Wealth inflow
Population
1,948
Unemployment
1.5%
2.2pp below US avg
IRS migration statistics show a net inflow of about 69 for ZIP 38374 (Scotts Hill 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.
Historical Trends in 38374 (2020–Present)
Since 2020, population declined 17.9%, median income rose 1.3% (inflation-adjusted), home values increased 23.6%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $38,591 |
| Unemployment | 1.5% |
| Establishments | 31 |
| Employees | 154 |