| ZIP Code | 38108 |
|---|---|
| City | Memphis |
| State | Tennessee (TN) |
| County | Shelby County |
| Area Code | 901 |
| Elevation | 237 ft |
| Latitude | 35.1769 |
|---|---|
| Longitude | -89.963974 |
| Timezone | Chicago (DST) |
| FIPS | 47157 |
| ZIP Type | Standard |
| Status | Active |
Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 34.3 yrs ↑ 3% since 2019 |
|---|---|
| Avg Household Size | 2.80 |
| Below Poverty | 28.0% ▲ 180% above avg |
| College Grads | 18.5% ▼ 52% below avg |
| Unemployment | 11.0% ▲ 124% above avg |
| No HS Diploma | 223 (2.5%) |
| HS Graduate | 3,220 (36.1%) |
| Some College | 2,054 (23%) |
| Associates | 1,775 (19.9%) |
| Bachelors | 443 (5%) |
| Graduate Degree | 1,210 (13.6%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $35,435 ▼ 54% below avg ↑ 65% since 2019 |
|---|---|
| Median Home Value | $62,600 ▼ 78% below avg ↑ 28% since 2019 |
| Home/Income Ratio | 1.8x (nat avg ~3.5x) |
| Median Rent | $921/mo ↑ 18% since 2019 |
| Total Units | 7,881 |
| Vacant Units | 1,312 |
| Avg HH Size | 2.80 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Summary
| Total Units | 7,881 |
|---|---|
| Vacant | 1,312 |
| Owner Occupied | 47.1% |
| Renter Occupied | 52.9% |
| Avg HH Size | 2.80 |
ZIP code 38108 is located in Memphis, Tennessee, within Shelby County. With a population of 18,501, this is a moderately populated ZIP code with a relatively young community — the median age is 34.3 years. Economically, 38108 is a lower-income ZIP code: the median household income of $35,435 is well below the national average.
Real estate in ZIP code 38108 represents one of the more affordable housing markets in the country. The median home value of $62,600 is well below the national average. Renters can expect to pay around $921 per month in median rent. The area has a relatively balanced mix of owners (47.1%) and renters (52.9%). Median home values have increased by 28% since 2019.
The population of 38108 is majority Black (51.88%). Residents are less-educated — 18.5% hold a bachelor's degree or higher, which is well below the national average. Poverty affects a significant share of residents at 28.0%. Household income has grown by 65% since 2019.
The unemployment rate in 38108 stands at 11.0%, which is more than double the national average. As in most parts of the country, driving alone is the dominant commute mode at 79%.
Overall, ZIP code 38108 in Memphis, TN is characterized as lower-income, less-educated, and a relatively young community. With 18,501 residents, a median household income of $35,435, and a median home value of $62,600, it offers a clear picture of life in this part of Tennessee.