ZIP Code 38120 — Memphis, TN

Shelby | 2024 Census Data

Key Takeaway

ZIP code 38120 in Memphis, TN has a population of 13,309 with a median household income of $123,538 and a median home value of $460,700 . The cost of living index is 155.6 (national average = 100).

Population & Age

Total Population
13,309
Median Age
44.40
Male
6,446
Female
6,863

Race & Ethnicity

White
85.0%
Black
5.4%
Hispanic
4.0%
Asian
5.1%
Native American
0.1%
Pacific Islander
0.0%
Two or More
3.7%
Other
0.7%

Income

Median Household
$123,538
Mean Household
$243,896
Per Capita
$108,686
Below Poverty
7.9%

Housing

Median Home Value
$460,700
Median Rent
$1,705
Total Units
6,507
Occupied
6,092
Owner Occupied
71.5%
Renter Occupied
28.5%
Median Year Built
1976
Vacant
415

Education

High School or Higher 98.8%
Bachelor's or Higher 70.4%
Graduate Degree 34.6%

Employment & Commuting

Labor Force
7,707
Unemployment
2.1%
Drive Alone
79.1%
Public Transit
0.3%
Work from Home
17.4%
Avg Commute
N/A

Cost of Living Index

155.6
National average = 100. Above average by 55.6%.

Compare This ZIP Code

Frequently Asked Questions

What is the population of ZIP code 38120?

ZIP code 38120 (Memphis, TN) has a total population of 13,309 according to the 2024 American Community Survey.

What is the median household income in ZIP code 38120?

The median household income in ZIP code 38120 is $123,538 per year, based on 2024 Census Bureau data.

What city is ZIP code 38120 in?

ZIP code 38120 is primarily located in Memphis, Tennessee (TN).

What is the median home value in ZIP code 38120?

The median home value in ZIP code 38120 is $460,700, based on the 2024 American Community Survey 5-year estimates.

What is the median age in ZIP code 38120?

The median age in ZIP code 38120 is 44.40 years, compared to the national median of 38.9 years.