US ZIP Code
38126

Memphis, TN

Shelby County  ·  Tennessee

● Active
👥 5,723 Population ↓ 10% since 2019
💰 $30,825 Median HH Income
▼ 60% below avg ↑ 143% since 2019
🎂 28.1 Median Age ↑ 17% since 2019
🏠 $59,000 Median Home Value
▼ 79% below avg ↑ 63% since 2019
🎓 18.5% College Grads
▼ 52% below avg
📊 8.0% Unemployment
▲ 64% above avg ↓ 67% since 2019
ZIP Code Details
ZIP Code38126
CityMemphis
StateTennessee (TN)
CountyShelby County
Area Code901
Elevation285 ft
Latitude35.126977
Longitude-90.043696
TimezoneChicago (DST)
FIPS47157
ZIP TypeStandard
StatusActive
People & Population (ACS 2023)
♂ Male 36.8% (2,107) Female 63.2% (3,616) ♀

Race & Ethnicity

White: 6.3%Hispanic: 1.6%Black: 88.2%Other: 4%Race
White6.3%
Hispanic1.6%
Black88.2%
Other4.0%

Age Breakdown

Under 5
9%
5–17
21%
18–24
13%
25–44
29%
45–64
16%
65+
6%

Key Indicators

Median Age28.1 yrs ↑ 17% since 2019
Avg Household Size2.02
Below Poverty44.0% ▲ 340% above avg
College Grads18.5% ▼ 52% below avg
Unemployment8.0% ▲ 64% above avg
No HS Diploma47 (1.6%)
HS Graduate1,305 (45.2%)
Some College399 (13.8%)
Associates604 (20.9%)
Bachelors79 (2.7%)
Graduate Degree456 (15.8%)

Education

No HS: 1.6%HS Grad: 45.2%Some College: 13.8%Associates: 20.9%Bachelors: 2.7%Graduate: 15.8%Edu
No HS1.6%
HS Grad45.2%
Some College13.8%
Associates20.9%
Bachelors2.7%
Graduate15.8%
Housing & Income

Housing Tenure

Owner: 15.6%Renter: 84.4%Tenure
Owner15.6%
Renter84.4%

Home Value Distribution

Under $50k
45%
$50k–100k
24%
$100k–150k
17%
$150k–200k
4%
$200k–300k
3%
$300k–500k
3%
Over $500k
4%

Financials

Median HH Income$30,825 ▼ 60% below avg ↑ 143% since 2019
Median Home Value$59,000 ▼ 79% below avg ↑ 63% since 2019
Home/Income Ratio1.9x (nat avg ~3.5x)
Median Rent$794/mo ↑ 27% since 2019
Total Units3,260
Vacant Units562
Avg HH Size2.02

Income Distribution

Under $25k
53%
$25k–50k
18%
$50k–75k
17%
$75k–100k
7%
$100k–150k
4%
$150k–200k
1%
Employment & Commute

How People Get to Work

Drove Alone
83%
Public Transit
2%
Walked
8%
Work From Home
7%

Commute Time

Under 15 min
30%
15–30 min
59%
30–45 min
10%
Over 45 min
1%
Housing Stock

Year Built

Before 1940
12%
1940s–1950s
2%
1960s–1970s
9%
1980s–1990s
16%
2000+
60%

Summary

Total Units3,260
Vacant562
Owner Occupied15.6%
Renter Occupied84.4%
Avg HH Size2.02
Frequently Asked Questions
ZIP code 38126 is in Memphis, TN, in Shelby County.
ZIP code 38126 is located in Tennessee (TN).
ZIP code 38126 is in Shelby County, TN.
ZIP 38126 observes the Chicago timezone. Daylight Saving Time is observed.
The estimated population of ZIP code 38126 is 5,723 people (ACS 2023).
The median household income in ZIP code 38126 is $30,825 (ACS 2023).
The median home value in ZIP 38126 is $59,000 (ACS 2023).
About ZIP Code 38126

ZIP code 38126 is located in Memphis, Tennessee, within Shelby County. With a population of 5,723, this is a lightly populated ZIP code with a young community — the median age is 28.1 years. Economically, 38126 is a lower-income ZIP code: the median household income of $30,825 is well below the national average.

Real estate in ZIP code 38126 represents one of the more affordable housing markets in the country. The median home value of $59,000 is well below the national average. Renters can expect to pay around $794 per month in median rent. This is predominantly a renter community, with 84.4% of occupied units rented — typical of urban and transitional neighborhoods. Median home values have increased by 63% since 2019.

The population of 38126 is primarily Black (88.17%). 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 44.0%. Household income has grown by 143% since 2019.

The unemployment rate in 38126 stands at 8.0%, which is significantly above the national average. As in most parts of the country, driving alone is the dominant commute mode at 79%.

Overall, ZIP code 38126 in Memphis, TN is characterized as lower-income, less-educated, and a young community. With 5,723 residents, a median household income of $30,825, and a median home value of $59,000, it offers a clear picture of life in this part of Tennessee.