US ZIP Code
38104

Memphis, TN

Shelby County  ·  Tennessee

● Active
👥 22,925 Population ↓ 2% since 2019
💰 $56,452 Median HH Income
▼ 26% below avg ↑ 35% since 2019
🎂 37.3 Median Age ↓ 3% since 2019
🏠 $301,100 Median Home Value
▲ 8% above avg ↑ 34% since 2019
🎓 56.5% College Grads
▲ 46% above avg
📊 4.3% Unemployment
▼ 12% below avg ↓ 14% since 2019
ZIP Code Details
ZIP Code38104
CityMemphis
StateTennessee (TN)
CountyShelby County
Area Code901
Elevation294 ft
Latitude35.132559
Longitude-90.004289
TimezoneChicago (DST)
FIPS47157
ZIP TypeStandard
StatusActive
People & Population (ACS 2023)
♂ Male 49.8% (11,419) Female 50.2% (11,506) ♀

Race & Ethnicity

White: 59.5%Hispanic: 5.8%Black: 28.6%Asian: 2.9%Other: 2.9%Race
White59.5%
Hispanic5.8%
Black28.6%
Asian2.9%
Other2.9%

Age Breakdown

Under 5
4%
5–17
10%
18–24
8%
25–44
40%
45–64
23%
65+
8%

Key Indicators

Median Age37.3 yrs ↓ 3% since 2019
Avg Household Size1.71
Below Poverty13.7% ▲ 37% above avg
College Grads56.5% ▲ 46% above avg
Unemployment4.3% ▼ 12% below avg
No HS Diploma218 (1.3%)
HS Graduate2,400 (14.6%)
Some College1,084 (6.6%)
Associates3,418 (20.9%)
Bachelors717 (4.4%)
Graduate Degree8,547 (52.2%)

Education

No HS: 1.3%HS Grad: 14.6%Some College: 6.6%Associates: 20.9%Bachelors: 4.4%Graduate: 52.2%Edu
No HS1.3%
HS Grad14.6%
Some College6.6%
Associates20.9%
Bachelors4.4%
Graduate52.2%
Housing & Income

Housing Tenure

Owner: 39.4%Renter: 60.6%Tenure
Owner39.4%
Renter60.6%

Home Value Distribution

Under $50k
2%
$50k–100k
6%
$100k–150k
5%
$150k–200k
6%
$200k–300k
30%
$300k–500k
35%
Over $500k
15%

Financials

Median HH Income$56,452 ▼ 26% below avg ↑ 35% since 2019
Median Home Value$301,100 ▲ 8% above avg ↑ 34% since 2019
Home/Income Ratio5.3x (nat avg ~3.5x)
Median Rent$1,073/mo ↑ 37% since 2019
Total Units14,315
Vacant Units1,369
Avg HH Size1.71

Income Distribution

Under $25k
22%
$25k–50k
20%
$50k–75k
18%
$75k–100k
11%
$100k–150k
12%
$150k–200k
6%
Over $200k
11%
Employment & Commute

How People Get to Work

Drove Alone
82%
Public Transit
1%
Walked
5%
Work From Home
12%

Commute Time

Under 15 min
37%
15–30 min
46%
30–45 min
12%
Over 45 min
4%
Housing Stock

Year Built

Before 1940
2%
1940s–1950s
8%
1960s–1970s
7%
1980s–1990s
6%
2000+
78%

Summary

Total Units14,315
Vacant1,369
Owner Occupied39.4%
Renter Occupied60.6%
Avg HH Size1.71
Frequently Asked Questions
ZIP code 38104 is in Memphis, TN, in Shelby County.
ZIP code 38104 is located in Tennessee (TN).
ZIP code 38104 is in Shelby County, TN.
ZIP 38104 observes the Chicago timezone. Daylight Saving Time is observed.
The estimated population of ZIP code 38104 is 22,925 people (ACS 2023).
The median household income in ZIP code 38104 is $56,452 (ACS 2023).
The median home value in ZIP 38104 is $301,100 (ACS 2023).
About ZIP Code 38104

ZIP code 38104 is located in Memphis, Tennessee, within Shelby County. With a population of 22,925, this is a moderately populated ZIP code with a relatively young community — the median age is 37.3 years. Economically, 38104 is a solidly middle-class ZIP code: the median household income of $56,452 is below the national average.

Real estate in ZIP code 38104 represents a mid-range housing market. The median home value of $301,100 is near the national average. Renters can expect to pay around $1,073 per month in median rent. This is predominantly a renter community, with 60.6% of occupied units rented — typical of urban and transitional neighborhoods. Median home values have increased by 34% since 2019.

The population of 38104 is majority White (59.48%). Residents are well-educated — 56.5% hold a bachelor's degree or higher, which is above the national average. Poverty affects some residents at 13.7%. Household income has grown by 35% since 2019.

The unemployment rate in 38104 stands at 4.3%, which is near the national average. About 11% of workers are remote. As in most parts of the country, driving alone is the dominant commute mode at 75%.

Overall, ZIP code 38104 in Memphis, TN is characterized as solidly middle-class, well-educated, and a relatively young community. With 22,925 residents, a median household income of $56,452, and a median home value of $301,100, it offers a clear picture of life in this part of Tennessee.