| ZIP Code | 38122 |
|---|---|
| City | Memphis |
| State | Tennessee (TN) |
| County | Shelby County |
| Area Code | 901 |
| Elevation | 253 ft |
| Latitude | 35.157102 |
|---|---|
| Longitude | -89.922444 |
| Timezone | Chicago (DST) |
| FIPS | 47157 |
| ZIP Type | Standard |
| Status | Active |
Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 31.4 yrs ↓ 5% since 2019 |
|---|---|
| Avg Household Size | 2.72 |
| Below Poverty | 26.8% ▲ 168% above avg |
| College Grads | 33.0% ▼ 15% below avg |
| Unemployment | 5.3% ≈ Avg |
| No HS Diploma | 677 (5.5%) |
| HS Graduate | 3,850 (31.5%) |
| Some College | 1,449 (11.8%) |
| Associates | 2,227 (18.2%) |
| Bachelors | 746 (6.1%) |
| Graduate Degree | 3,286 (26.9%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $45,456 ▼ 40% below avg ↑ 18% since 2019 |
|---|---|
| Median Home Value | $108,200 ▼ 61% below avg ↑ 52% since 2019 |
| Home/Income Ratio | 2.4x (nat avg ~3.5x) |
| Median Rent | $1,127/mo ↑ 21% since 2019 |
| Total Units | 10,201 |
| Vacant Units | 896 |
| Avg HH Size | 2.72 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Summary
| Total Units | 10,201 |
|---|---|
| Vacant | 896 |
| Owner Occupied | 48.7% |
| Renter Occupied | 51.3% |
| Avg HH Size | 2.72 |
ZIP code 38122 is located in Memphis, Tennessee, within Shelby County. With a population of 25,310, this is a moderately populated ZIP code with a relatively young community — the median age is 31.4 years. Economically, 38122 is a working-class ZIP code: the median household income of $45,456 is below the national average.
Real estate in ZIP code 38122 represents one of the more affordable housing markets in the country. The median home value of $108,200 is well below the national average. Renters can expect to pay around $1,127 per month in median rent. The area has a relatively balanced mix of owners (48.7%) and renters (51.3%). Median home values have increased by 52% since 2019.
The population of 38122 is racially diverse, with Hispanic as the largest group at 37.4%. Residents are moderately educated — 33.0% hold a bachelor's degree or higher, which is near the national average. Poverty affects a significant share of residents at 26.8%. Household income has grown by 18% since 2019.
The unemployment rate in 38122 stands at 5.3%, which is near the national average. As in most parts of the country, driving alone is the dominant commute mode at 75%.
Overall, ZIP code 38122 in Memphis, TN is characterized as working-class, moderately educated, and a relatively young community. With 25,310 residents, a median household income of $45,456, and a median home value of $108,200, it offers a clear picture of life in this part of Tennessee.