| ZIP Code | 38016 |
|---|---|
| City | Cordova |
| State | Tennessee (TN) |
| County | Shelby County |
| Area Code | 901 |
| Elevation | 350 ft |
| Latitude | 35.18086 |
|---|---|
| Longitude | -89.759839 |
| Timezone | Chicago (DST) |
| FIPS | 47157 |
| ZIP Type | Standard |
| Status | Active |
Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 37.5 yrs ↑ 9% since 2019 |
|---|---|
| Avg Household Size | 2.41 |
| Below Poverty | 9.9% ≈ Avg |
| College Grads | 48.8% ▲ 26% above avg |
| Unemployment | 5.5% ▲ 12% above avg |
| No HS Diploma | 129 (0.4%) |
| HS Graduate | 6,159 (21.1%) |
| Some College | 2,653 (9.1%) |
| Associates | 5,983 (20.5%) |
| Bachelors | 2,289 (7.9%) |
| Graduate Degree | 11,945 (41%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $75,719 ≈ Avg ↑ 13% since 2019 |
|---|---|
| Median Home Value | $261,700 ≈ Avg ↑ 49% since 2019 |
| Home/Income Ratio | 3.5x (nat avg ~3.5x) |
| Median Rent | $1,407/mo ↑ 23% since 2019 |
| Total Units | 20,218 |
| Vacant Units | 1,853 |
| Avg HH Size | 2.41 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Summary
| Total Units | 20,218 |
|---|---|
| Vacant | 1,853 |
| Owner Occupied | 59.1% |
| Renter Occupied | 40.9% |
| Avg HH Size | 2.41 |
ZIP code 38016 is located in Cordova, Tennessee, within Shelby County. With a population of 44,390, this is a highly populated ZIP code with a relatively young community — the median age is 37.5 years. Economically, 38016 is a middle-income ZIP code: the median household income of $75,719 is near the national average.
Real estate in ZIP code 38016 represents a mid-range housing market. The median home value of $261,700 is near the national average. Renters can expect to pay around $1,407 per month in median rent. The area has a relatively balanced mix of owners (59.1%) and renters (40.9%). Median home values have increased by 49% since 2019.
The population of 38016 is majority Black (52.73%). Residents are well-educated — 48.8% hold a bachelor's degree or higher, which is above the national average. Poverty affects a relatively small share of residents at 9.9%. Household income has grown by 13% since 2019.
The unemployment rate in 38016 stands at 5.5%, which is near the national average. As in most parts of the country, driving alone is the dominant commute mode at 80%.
Overall, ZIP code 38016 in Cordova, TN is characterized as middle-income, well-educated, and a relatively young community. With 44,390 residents, a median household income of $75,719, and a median home value of $261,700, it offers a clear picture of life in this part of Tennessee.