| ZIP Code | 38106 |
|---|---|
| City | Memphis |
| State | Tennessee (TN) |
| County | Shelby County |
| Area Code | 901 |
| Elevation | 207 ft |
| Latitude | 35.100832 |
|---|---|
| Longitude | -90.040325 |
| Timezone | Chicago (DST) |
| FIPS | 47157 |
| ZIP Type | Standard |
| Status | Active |
Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 42.2 yrs ↑ 6% since 2019 |
|---|---|
| Avg Household Size | 2.38 |
| Below Poverty | 41.2% ▲ 312% above avg |
| College Grads | 19.9% ▼ 49% below avg |
| Unemployment | 18.6% ▲ 279% above avg |
| No HS Diploma | 309 (2.3%) |
| HS Graduate | 7,116 (54.1%) |
| Some College | 1,118 (8.5%) |
| Associates | 1,999 (15.2%) |
| Bachelors | 813 (6.2%) |
| Graduate Degree | 1,798 (13.7%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $29,818 ▼ 61% below avg ↑ 18% since 2019 |
|---|---|
| Median Home Value | $66,400 ▼ 76% below avg ↑ 29% since 2019 |
| Home/Income Ratio | 2.2x (nat avg ~3.5x) |
| Median Rent | $915/mo ↑ 24% since 2019 |
| Total Units | 11,630 |
| Vacant Units | 2,504 |
| Avg HH Size | 2.38 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Summary
| Total Units | 11,630 |
|---|---|
| Vacant | 2,504 |
| Owner Occupied | 36.4% |
| Renter Occupied | 63.6% |
| Avg HH Size | 2.38 |
ZIP code 38106 is located in Memphis, Tennessee, within Shelby County. With a population of 21,827, this is a moderately populated ZIP code with a middle-aged community — the median age is 42.2 years. Economically, 38106 is a lower-income ZIP code: the median household income of $29,818 is well below the national average.
Real estate in ZIP code 38106 represents one of the more affordable housing markets in the country. The median home value of $66,400 is well below the national average. Renters can expect to pay around $915 per month in median rent. This is predominantly a renter community, with 63.6% of occupied units rented — typical of urban and transitional neighborhoods. Median home values have increased by 29% since 2019.
The population of 38106 is primarily Black (94.61%). Residents are less-educated — 19.9% hold a bachelor's degree or higher, which is below the national average. Poverty affects a significant share of residents at 41.2%. Household income has grown by 18% since 2019.
The unemployment rate in 38106 stands at 18.6%, which is more than double the national average. As in most parts of the country, driving alone is the dominant commute mode at 82%.
Overall, ZIP code 38106 in Memphis, TN is characterized as lower-income, less-educated, and a middle-aged community. With 21,827 residents, a median household income of $29,818, and a median home value of $66,400, it offers a clear picture of life in this part of Tennessee.