First, I am assuming the tank is a bladder tank by your description since it was precharged to 38 lbs. The only way to check the pressure correctly in this tank is by shutting power down to the pump and draining all pressure off the system. The tank should be holding at 38#'s(since you are running a 40-60 pressure gauge). The new precharged tanks are sized by using the bladder in the tank to keep the pressure up. This 30 gal tank is comparable to the old non bladder tanks. In reality it is around a 12 gallon tank. If you don't have a variable drive pump system on this well, I suspect that your tank is way undersized for your home. There is a calculation that you use counting all of the water usage appliances in the home with specific gallons per each, then you size the tank accordingly. This will actually make your pump run more efficiently. If you have a variable drive pump, disregard this rambling. If you are certain that the flow from the pump is good, I suspect the pressure gauge may be a little off. I would adjust the pressure set points on the switch until I got to the desired pressure from the outlets. With that being done, I would recheck the cut in, cut out pressures and then set the pressure in the tank to 2 #'s less than the cut in, provided your pump has this capability.