US ZIP Code
38107

Memphis, TN

Shelby County  ·  Tennessee

● Active
👥 14,254 Population ↓ 10% since 2019
💰 $36,393 Median HH Income
▼ 52% below avg ↑ 25% since 2019
🎂 38.1 Median Age ↓ 3% since 2019
🏠 $128,600 Median Home Value
▼ 54% below avg ↑ 46% since 2019
🎓 31.9% College Grads
▼ 18% below avg
📊 10.8% Unemployment
▲ 120% above avg ↓ 23% since 2019
ZIP Code Details
ZIP Code38107
CityMemphis
StateTennessee (TN)
CountyShelby County
Area Code901
Elevation241 ft
Latitude35.170165
Longitude-90.023442
TimezoneChicago (DST)
FIPS47157
ZIP TypeStandard
StatusActive
People & Population (ACS 2023)
♂ Male 49.5% (7,049) Female 50.6% (7,205) ♀

Race & Ethnicity

White: 18.3%Hispanic: 4.5%Black: 74.7%Asian: 0.2%Other: 2.1%Race
White18.3%
Hispanic4.5%
Black74.7%
Asian0.2%
Other2.1%

Age Breakdown

Under 5
4%
5–17
18%
18–24
7%
25–44
30%
45–64
27%
65+
6%

Key Indicators

Median Age38.1 yrs ↓ 3% since 2019
Avg Household Size2.10
Below Poverty28.3% ▲ 183% above avg
College Grads31.9% ▼ 18% below avg
Unemployment10.8% ▲ 120% above avg
No HS Diploma305 (3.3%)
HS Graduate2,839 (30.9%)
Some College964 (10.5%)
Associates2,162 (23.5%)
Bachelors694 (7.5%)
Graduate Degree2,237 (24.3%)

Education

No HS: 3.3%HS Grad: 30.9%Some College: 10.5%Associates: 23.5%Bachelors: 7.5%Graduate: 24.3%Edu
No HS3.3%
HS Grad30.9%
Some College10.5%
Associates23.5%
Bachelors7.5%
Graduate24.3%
Housing & Income

Housing Tenure

Owner: 38.4%Renter: 61.6%Tenure
Owner38.4%
Renter61.6%

Home Value Distribution

Under $50k
18%
$50k–100k
20%
$100k–150k
17%
$150k–200k
11%
$200k–300k
23%
$300k–500k
11%
Over $500k
1%

Financials

Median HH Income$36,393 ▼ 52% below avg ↑ 25% since 2019
Median Home Value$128,600 ▼ 54% below avg ↑ 46% since 2019
Home/Income Ratio3.5x (nat avg ~3.5x)
Median Rent$999/mo ↑ 26% since 2019
Total Units8,093
Vacant Units1,434
Avg HH Size2.10

Income Distribution

Under $25k
37%
$25k–50k
25%
$50k–75k
12%
$75k–100k
11%
$100k–150k
9%
$150k–200k
3%
Over $200k
3%
Employment & Commute

How People Get to Work

Drove Alone
83%
Public Transit
4%
Walked
4%
Work From Home
9%

Commute Time

Under 15 min
34%
15–30 min
45%
30–45 min
17%
Over 45 min
5%
Housing Stock

Year Built

Before 1940
7%
1940s–1950s
11%
1960s–1970s
4%
1980s–1990s
6%
2000+
73%

Summary

Total Units8,093
Vacant1,434
Owner Occupied38.4%
Renter Occupied61.6%
Avg HH Size2.10
Frequently Asked Questions
ZIP code 38107 is in Memphis, TN, in Shelby County.
ZIP code 38107 is located in Tennessee (TN).
ZIP code 38107 is in Shelby County, TN.
ZIP 38107 observes the Chicago timezone. Daylight Saving Time is observed.
The estimated population of ZIP code 38107 is 14,254 people (ACS 2023).
The median household income in ZIP code 38107 is $36,393 (ACS 2023).
The median home value in ZIP 38107 is $128,600 (ACS 2023).
About ZIP Code 38107

ZIP code 38107 is located in Memphis, Tennessee, within Shelby County. With a population of 14,254, this is a lightly populated ZIP code with a middle-aged community — the median age is 38.1 years. Economically, 38107 is a lower-income ZIP code: the median household income of $36,393 is well below the national average.

Real estate in ZIP code 38107 represents one of the more affordable housing markets in the country. The median home value of $128,600 is well below the national average. Renters can expect to pay around $999 per month in median rent. This is predominantly a renter community, with 61.6% of occupied units rented — typical of urban and transitional neighborhoods. Median home values have increased by 46% since 2019.

The population of 38107 is primarily Black (74.72%). Residents are moderately educated — 31.9% hold a bachelor's degree or higher, which is below the national average. Poverty affects a significant share of residents at 28.3%. Household income has grown by 25% since 2019.

The unemployment rate in 38107 stands at 10.8%, which is more than double the national average. As in most parts of the country, driving alone is the dominant commute mode at 76%.

Overall, ZIP code 38107 in Memphis, TN is characterized as lower-income, moderately educated, and a middle-aged community. With 14,254 residents, a median household income of $36,393, and a median home value of $128,600, it offers a clear picture of life in this part of Tennessee.