ZIP Code 38116 — Memphis, TN

Shelby | 2024 Census Data

Key Takeaway

ZIP code 38116 in Memphis, TN has a population of 40,061 with a median household income of $42,183 and a median home value of $138,600 . The cost of living index is 65.0 (national average = 100).

Population & Age

Total Population
40,061
Median Age
34.90
Male
18,178
Female
21,883

Race & Ethnicity

White
4.0%
Black
91.6%
Hispanic
3.5%
Asian
0.0%
Native American
0.2%
Pacific Islander
0.7%
Two or More
2.2%
Other
1.4%

Income

Median Household
$42,183
Mean Household
$58,713
Per Capita
$24,131
Below Poverty
31.1%

Housing

Median Home Value
$138,600
Median Rent
$1,059
Total Units
18,546
Occupied
15,599
Owner Occupied
43.2%
Renter Occupied
56.8%
Median Year Built
1966
Vacant
2,947

Education

High School or Higher 87.3%
Bachelor's or Higher 22.2%
Graduate Degree 8.5%

Employment & Commuting

Labor Force
17,728
Unemployment
13.4%
Drive Alone
79.9%
Public Transit
0.8%
Work from Home
8.4%
Avg Commute
N/A

Cost of Living Index

65.0
National average = 100. Below average by 35.0%.

Nearby ZIP Codes

38132
Memphis
2.5 mi
38118
Memphis
4.6 mi
38106
Memphis
4.7 mi
38114
Memphis
4.8 mi
38109
Memphis
4.9 mi
38671
Southaven
5.3 mi
38637
Horn lake
5.8 mi
38111
Memphis
6.4 mi
38126
Memphis
6.8 mi
38104
Memphis
7.1 mi
38672
Zcta 38672
7.6 mi
38680
Walls
7.7 mi

Other ZIP Codes in Memphis

38125
Pop: 43,071
38109
Pop: 42,452
38128
Pop: 42,162
38111
Pop: 41,934
38127
Pop: 39,541
38118
Pop: 39,107

Compare This ZIP Code

Frequently Asked Questions

What is the population of ZIP code 38116?

ZIP code 38116 (Memphis, TN) has a total population of 40,061 according to the 2024 American Community Survey.

What is the median household income in ZIP code 38116?

The median household income in ZIP code 38116 is $42,183 per year, based on 2024 Census Bureau data.

What city is ZIP code 38116 in?

ZIP code 38116 is primarily located in Memphis, Tennessee (TN).

What is the median home value in ZIP code 38116?

The median home value in ZIP code 38116 is $138,600, based on the 2024 American Community Survey 5-year estimates.

What is the median age in ZIP code 38116?

The median age in ZIP code 38116 is 34.90 years, compared to the national median of 38.9 years.