| ZIP Code | 38117 |
|---|---|
| City | Memphis |
| State | Tennessee (TN) |
| County | Shelby County |
| Area Code | 901 |
| Elevation | 317 ft |
| Latitude | 35.115008 |
|---|---|
| Longitude | -89.905517 |
| Timezone | Chicago (DST) |
| FIPS | 47157 |
| ZIP Type | Standard |
| Status | Active |
Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 38.6 yrs ↓ 4% since 2019 |
|---|---|
| Avg Household Size | 2.30 |
| Below Poverty | 9.4% ≈ Avg |
| College Grads | 64.4% ▲ 66% above avg |
| Unemployment | 2.8% ▼ 42% below avg |
| No HS Diploma | 158 (0.9%) |
| HS Graduate | 2,988 (16.6%) |
| Some College | 893 (5%) |
| Associates | 2,354 (13.1%) |
| Bachelors | 807 (4.5%) |
| Graduate Degree | 10,761 (59.9%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $93,688 ▲ 23% above avg ↑ 15% since 2019 |
|---|---|
| Median Home Value | $287,500 ≈ Avg ↑ 45% since 2019 |
| Home/Income Ratio | 3.1x (nat avg ~3.5x) |
| Median Rent | $1,353/mo ↑ 22% since 2019 |
| Total Units | 12,045 |
| Vacant Units | 652 |
| Avg HH Size | 2.30 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Summary
| Total Units | 12,045 |
|---|---|
| Vacant | 652 |
| Owner Occupied | 76.2% |
| Renter Occupied | 23.8% |
| Avg HH Size | 2.30 |
ZIP code 38117 is located in Memphis, Tennessee, within Shelby County. With a population of 26,327, this is a moderately populated ZIP code with a middle-aged community — the median age is 38.6 years. Economically, 38117 is a middle-income ZIP code: the median household income of $93,688 is above the national average.
Real estate in ZIP code 38117 represents a mid-range housing market. The median home value of $287,500 is near the national average. Renters can expect to pay around $1,353 per month in median rent. Homeownership is strong here — 76.2% of occupied units are owner-occupied, suggesting an established, stable residential community. Median home values have increased by 45% since 2019.
The population of 38117 is primarily White (75.64%). Residents are highly educated — 64.4% hold a bachelor's degree or higher, which is significantly above the national average. Poverty affects a relatively small share of residents at 9.4%. Household income has grown by 15% since 2019.
The unemployment rate in 38117 stands at 2.8%, which is below the national average. About 12% of workers are remote. As in most parts of the country, driving alone is the dominant commute mode at 80%.
Overall, ZIP code 38117 in Memphis, TN is characterized as middle-income, highly educated, a middle-aged community, and predominantly owner-occupied. With 26,327 residents, a median household income of $93,688, and a median home value of $287,500, it offers a clear picture of life in this part of Tennessee.