| ZIP Code | 38127 |
|---|---|
| City | Memphis |
| State | Tennessee (TN) |
| County | Shelby County |
| Area Code | 901 |
| Elevation | 215 ft |
| Latitude | 35.242751 |
|---|---|
| Longitude | -90.02679 |
| Timezone | Chicago (DST) |
| FIPS | 47157 |
| ZIP Type | Standard |
| Status | Active |
Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 32.3 yrs ↑ 13% since 2019 |
|---|---|
| Avg Household Size | 2.78 |
| Below Poverty | 34.7% ▲ 247% above avg |
| College Grads | 19.2% ▼ 50% below avg |
| Unemployment | 11.3% ▲ 131% above avg |
| No HS Diploma | 586 (2.8%) |
| HS Graduate | 8,870 (42.9%) |
| Some College | 3,054 (14.8%) |
| Associates | 4,190 (20.3%) |
| Bachelors | 1,341 (6.5%) |
| Graduate Degree | 2,622 (12.7%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $37,768 ▼ 51% below avg ↑ 27% since 2019 |
|---|---|
| Median Home Value | $82,500 ▼ 70% below avg ↑ 39% since 2019 |
| Home/Income Ratio | 2.2x (nat avg ~3.5x) |
| Median Rent | $1,104/mo ↑ 25% since 2019 |
| Total Units | 17,560 |
| Vacant Units | 3,377 |
| Avg HH Size | 2.78 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Summary
| Total Units | 17,560 |
|---|---|
| Vacant | 3,377 |
| Owner Occupied | 45.7% |
| Renter Occupied | 54.4% |
| Avg HH Size | 2.78 |
ZIP code 38127 is located in Memphis, Tennessee, within Shelby County. With a population of 39,553, this is a highly populated ZIP code with a relatively young community — the median age is 32.3 years. Economically, 38127 is a lower-income ZIP code: the median household income of $37,768 is well below the national average.
Real estate in ZIP code 38127 represents one of the more affordable housing markets in the country. The median home value of $82,500 is well below the national average. Renters can expect to pay around $1,104 per month in median rent. The area has a relatively balanced mix of owners (45.7%) and renters (54.4%). Median home values have increased by 39% since 2019.
The population of 38127 is primarily Black (86.35%). Residents are less-educated — 19.2% hold a bachelor's degree or higher, which is well below the national average. Poverty affects a significant share of residents at 34.7%. Household income has grown by 27% since 2019.
The unemployment rate in 38127 stands at 11.3%, which is more than double the national average. As in most parts of the country, driving alone is the dominant commute mode at 76%.
Overall, ZIP code 38127 in Memphis, TN is characterized as lower-income, less-educated, and a relatively young community. With 39,553 residents, a median household income of $37,768, and a median home value of $82,500, it offers a clear picture of life in this part of Tennessee.