| ZIP Code | 38111 |
|---|---|
| City | Memphis |
| State | Tennessee (TN) |
| County | Shelby County |
| Area Code | 901 |
| Elevation | 311 ft |
| Latitude | 35.110521 |
|---|---|
| Longitude | -89.943501 |
| Timezone | Chicago (DST) |
| FIPS | 47157 |
| ZIP Type | Standard |
| Status | Active |
Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 32.9 yrs |
|---|---|
| Avg Household Size | 2.35 |
| Below Poverty | 22.5% ▲ 125% above avg |
| College Grads | 43.4% ▲ 12% above avg |
| Unemployment | 8.3% ▲ 69% above avg |
| No HS Diploma | 759 (3.1%) |
| HS Graduate | 6,583 (26.5%) |
| Some College | 2,340 (9.4%) |
| Associates | 4,399 (17.7%) |
| Bachelors | 1,069 (4.3%) |
| Graduate Degree | 9,727 (39.1%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $52,806 ▼ 31% below avg ↑ 35% since 2019 |
|---|---|
| Median Home Value | $165,200 ▼ 41% below avg ↑ 76% since 2019 |
| Home/Income Ratio | 3.1x (nat avg ~3.5x) |
| Median Rent | $1,077/mo ↑ 32% since 2019 |
| Total Units | 20,084 |
| Vacant Units | 2,218 |
| Avg HH Size | 2.35 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Summary
| Total Units | 20,084 |
|---|---|
| Vacant | 2,218 |
| Owner Occupied | 45.7% |
| Renter Occupied | 54.3% |
| Avg HH Size | 2.35 |
ZIP code 38111 is located in Memphis, Tennessee, within Shelby County. With a population of 43,308, this is a highly populated ZIP code with a relatively young community — the median age is 32.9 years. Economically, 38111 is a working-class ZIP code: the median household income of $52,806 is below the national average.
Real estate in ZIP code 38111 represents an affordable housing market. The median home value of $165,200 is below the national average. Renters can expect to pay around $1,077 per month in median rent. The area has a relatively balanced mix of owners (45.7%) and renters (54.3%). Median home values have increased by 76% since 2019.
The population of 38111 is racially diverse, with Black as the largest group at 48.6%. Residents are well-educated — 43.4% hold a bachelor's degree or higher, which is near the national average. Poverty affects a significant share of residents at 22.5%. Household income has grown by 35% since 2019.
The unemployment rate in 38111 stands at 8.3%, which is significantly above the national average. As in most parts of the country, driving alone is the dominant commute mode at 73%.
Overall, ZIP code 38111 in Memphis, TN is characterized as working-class, well-educated, and a relatively young community. With 43,308 residents, a median household income of $52,806, and a median home value of $165,200, it offers a clear picture of life in this part of Tennessee.