ZIP Code 38655: Population, Income, Housing

State: MS

Total population: 46,156 Household income: $68,235 Rent: $1,090

Overview

Total population

46,156

Rent

$1,090

Year built

2000

Household income

$68,235

Per capita income

$41,492

Poverty rate

19.4%

Unemployment rate

N/A

Household size

2.7 persons

Rent over 30% of income

47.6%

Note: Rent, income, and year built are shown as median values, while household size is shown as an average (see explanations below).

ZIP data use Census ZCTAs, which closely match USPS ZIP Codes in most cases (see FAQ for details).

Data are sourced from the American Community Survey (ACS) 5-Year Estimates, 2024 release — the latest dataset currently available. New 5-year estimates are published annually, about 6–12 months after the end of each reference year.

Demographics

State

Mississippi

County

Lafayette County

City

Oxford

Total population

46,156

Adults over 25

28,965

Total households

16,685

Household size

2.7 persons

Note: Rent, income, and year built are shown as median values, while household size is shown as an average (see explanations below).

ZIP data use Census ZCTAs, which closely match USPS ZIP Codes in most cases (see FAQ for details).

Income & Poverty

Household income

$68,235

Per capita income

$41,492

Poverty rate

19.4%

Unemployment rate

N/A

Rent over 30% of income

47.6%

Note: Rent, income, and year built are shown as median values, while household size is shown as an average (see explanations below).

ZIP data use Census ZCTAs, which closely match USPS ZIP Codes in most cases (see FAQ for details).

Housing

Rent

$1,090

Year built

2000

Households that rent

39.6%

Households that own

60.4%

Rooms per home (all homes)

5.2

Note: Rent, income, and year built are shown as median values, while household size is shown as an average (see explanations below).

ZIP data use Census ZCTAs, which closely match USPS ZIP Codes in most cases (see FAQ for details).

Race

White

69%

Black

23.3%

Asian

2.5%

Two or more races

3.9%

Note: Rent, income, and year built are shown as median values, while household size is shown as an average (see explanations below).

ZIP data use Census ZCTAs, which closely match USPS ZIP Codes in most cases (see FAQ for details).

Ethnicity

Hispanic or Latino

3.8%

Not Hispanic or Latino

96.2%

Note: Rent, income, and year built are shown as median values, while household size is shown as an average (see explanations below).

ZIP data use Census ZCTAs, which closely match USPS ZIP Codes in most cases (see FAQ for details).

Commute

Commute rate

19,866 (91.1%)

Commute time to work

22 mins

Work from home

1,947 (8.9%)

Note: Rent, income, and year built are shown as median values, while household size is shown as an average (see explanations below).

ZIP data use Census ZCTAs, which closely match USPS ZIP Codes in most cases (see FAQ for details).

Education

Less than high school

22.7%

High school graduate or GED

16.1%

Some college or associate degree

10.1%

Bachelor’s degree or higher

51.1%

Note: Rent, income, and year built are shown as median values, while household size is shown as an average (see explanations below).

ZIP data use Census ZCTAs, which closely match USPS ZIP Codes in most cases (see FAQ for details).

Comparison of ZIP Code 38655 with: Lafayette County, MS Mississippi United States

ZIP 38655

Total population46,156

Rent$1,090

Year built2000

Household income$68,235

Per capita income$41,492

Poverty rate19.4%

Unemployment rateN/A

Lafayette County, MS

Total population58,327

Rent$1,085

Year built2000

Household income$67,185

Per capita income$36,403

Poverty rate18.5%

Unemployment rate2.7%

Mississippi State

Total population2,946,779

Rent$954

Year built1986

Household income$56,447

Per capita income$31,549

Poverty rate18.9%

Unemployment rate3.1%

United States

Total population334,922,499

Rent$1,413

Year built1980

Household income$80,734

Per capita income$44,673

Poverty rate12.5%

Unemployment rate4%

Metric	ZIP38655	CountyLafayette, MS	StateMississippi	CountryUnited States
Total population	46,156	58,327	2,946,779	334,922,499
Rent	$1,090	$1,085	$954	$1,413
Year built	2000	2000	1986	1980
Household income	$68,235	$67,185	$56,447	$80,734
Per capita income	$41,492	$36,403	$31,549	$44,673
Poverty rate	19.4%	18.5%	18.9%	12.5%
Unemployment rate	N/A	2.7%	3.1%	4%

View the full multi-level comparison →

Summary for 38655

Rent & Income

In 38655, the typical monthly rent is $1,090 and the typical household income is $68,235. Rent here is higher than Mississippi, and household income is higher than Mississippi. The estimated poverty rate is 19.4%.

Housing & Affordability

This ZIP Code is primarily owner-occupied, with renters accounting for about 39.6% of households. About 47.6% of renters spend more than 30% of their income on housing, indicating high cost burden.

Education & Employment

Educational attainment is very high, with about 51.1% of adults holding a bachelor’s degree or higher.

ZIP 38655 — Rent vs Household Income

ZIP 38655 — Poverty

How ZIP 38655 compares in Mississippi (14 ZIP Codes)

Metric	This ZIP	Rank	Starts from	State range
Rent	$1,090	3 / 14	from lower rent	$922 – $1,829
Household income	$68,235	9 / 14	from higher income	$41,127 – $125,506
Poverty rate	19.4%	12 / 14	from lower poverty	3.5% – 31.1%

Rankings are calculated among ZIP Codes in Mississippi with total population > 30,000 (year 2024).

Detailed Ranking Explanation for ZIP Code 38655

Rent

When it comes to rent, ZIP Code 38655 ranks 3rd out of 14 ZIP Codes in Mississippi. Statewide, values range from $922 in ZIP 39759 up to $1,829 in ZIP 38654.

Household income

Income-wise, this area is placed 9th out of 14 ZIP Codes. Across Mississippi, figures vary from $41,127 in ZIP 39401 up to $125,506 in ZIP 39110.

Poverty rate

When it comes to poverty, ZIP Code 38655 places 12th out of 14 ZIP Codes. Throughout Mississippi, numbers span from 3.5% in ZIP 39110 up to 31.1% in ZIP 39401.

💰 Rent in ZIP Code 38655 (with Utilities)

Estimated Monthly Rent: $1,090 ℹ️ What’s Included:
✅ Base rent, electricity, gas, water/sewer, and heating fuels
❌ Not included: internet, cable TV, renter's insurance, parking

💡 What does this rent estimate mean?

Explanation: This estimate shows what renters typically pay each month for housing — including the apartment or home and essential utilities like heat, water, and electricity.

Included in this number: Rent plus electricity, gas, water/sewer, and heating fuel.

Not included: Internet, cable, parking, renter’s insurance, or furniture rental.

Note: This cost does not depend on the number of people living in the home.

👨‍👧‍👦 Household Income in ZIP Code 38655

Annual Household Income: $68,235

💡 What does Household Income mean?

Definition: This represents the middle value of all household incomes in the ZIP code — half of households earn less, and half earn more.

Includes: wages, salaries, self-employment income, Social Security, pensions, investments, unemployment, public assistance, and rental income.

Does NOT include: capital gains, non-cash benefits (like food stamps), or tax refunds.

Household = any group of people (or a single person) living in the same housing unit.

Example: A couple earning $40,000 and $30,000 together have a household income of $70,000. If that's in the middle of all local incomes, it's the value shown here.

📉 Poverty Rate in ZIP Code 38655

Estimated Rate: 19.4%

💡 What does the Poverty Rate represent?

Definition: The percentage of people in this area living below the federal poverty threshold.

How it works: The threshold is a dollar amount set by the U.S. Census Bureau that varies by family size and age. If a household's income is below that level, everyone in it is included in this rate.

Example: In a town of 10,000 people, if 1,500 have incomes below the poverty line, the poverty rate is 15%.

Note: This statistic only includes people living in households; it does not count those in student housing, military barracks, or nursing homes.

🏘️ Renter vs. Owner Households in ZIP Code 38655

In ZIP Code 38655, households that rent: 6,599 (39.6%)

📊 What does the renter household percentage reveal about this ZIP Code?

Household Type	Count	Share
Renter-Occupied	6,599	39.6%
Owner-Occupied	10,086	60.4%

Definition: This is the percentage of households that rent their home rather than own it. It includes only occupied housing units.

Why it matters: Areas with a high share of renter households often have younger populations, higher mobility, and different housing needs compared to mostly owner-occupied areas.

Example: If 65% of homes in an area are renter-occupied, it means 65 out of every 100 households rent their home.

📉 Renters Spending Over 30% of Income on Rent in ZIP Code 38655

In ZIP Code 38655, cost-burdened renters (households spending over 30% of income on housing): 3,143 (47.6%)

🏚️ What Does It Mean When Renters Spend Over 30% of Their Income on Housing?

Household Group	Households	Share
Cost-burdened renters (over 30%)	3,143	47.6%
Other renter households	3,456	52.4%
Total renter households	6,599	100%

Shares are calculated as a percentage of renter households.

This shows how many renters in the ZIP code are considered cost-burdened — meaning they spend more than 30% of their income on housing (rent and basic utilities).

It’s a sign that housing might be unaffordable in the area or that lower-income residents may be struggling with rent.

Data comes from the U.S. Census Bureau’s American Community Survey.

📊 Education Levels in ZIP Code 38655

Less than High School: 6,565 people (22.7%)

Includes adults who did not complete high school.

High School Graduate or GED: 4,668 people (16.1%)

Includes adults whose highest education is a high school diploma or GED.

Some College or Associate Degree: 2,937 people (10.1%)

Includes adults who attended college without completing a bachelor’s degree (some college or associate degree).

Bachelor’s Degree or Higher: 14,795 people (51.1%)

Includes adults with a bachelor’s degree or higher (bachelor’s, master’s, professional, or doctoral degree).

👥 Total Adults (25+): 28,965

ℹ️ Have questions about how these statistics are calculated? See our data methodology & FAQs

Source: ACS 5-Year Estimates (U.S. Census Bureau) — unemployment rate from BLS. Some values are derived metrics.