US ZIP Code
38128

Memphis, TN

Shelby County  ·  Tennessee

● Active
👥 44,027 Population ↓ 2% since 2019
💰 $43,166 Median HH Income
▼ 43% below avg ↑ 20% since 2019
🎂 30.9 Median Age ↑ 3% since 2019
🏠 $123,900 Median Home Value
▼ 56% below avg ↑ 48% since 2019
🎓 25.8% College Grads
▼ 33% below avg
📊 6.1% Unemployment
▲ 24% above avg ↓ 24% since 2019
ZIP Code Details
ZIP Code38128
CityMemphis
StateTennessee (TN)
CountyShelby County
Area Code901
Elevation299 ft
Latitude35.224574
Longitude-89.926689
TimezoneChicago (DST)
FIPS47157
ZIP TypeStandard
StatusActive
People & Population (ACS 2023)
♂ Male 46.2% (20,327) Female 53.8% (23,700) ♀

Race & Ethnicity

White: 8.7%Hispanic: 8.9%Black: 78.8%Asian: 0.6%Other: 2.9%Race
White8.7%
Hispanic8.9%
Black78.8%
Asian0.6%
Other2.9%

Age Breakdown

Under 5
8%
5–17
22%
18–24
10%
25–44
29%
45–64
20%
65+
6%

Key Indicators

Median Age30.9 yrs ↑ 3% since 2019
Avg Household Size2.71
Below Poverty22.4% ▲ 124% above avg
College Grads25.8% ▼ 33% below avg
Unemployment6.1% ▲ 24% above avg
No HS Diploma550 (2.3%)
HS Graduate10,016 (42.1%)
Some College2,627 (11.1%)
Associates4,452 (18.7%)
Bachelors2,377 (10%)
Graduate Degree3,750 (15.8%)

Education

No HS: 2.3%HS Grad: 42.1%Some College: 11.1%Associates: 18.7%Bachelors: 10%Graduate: 15.8%Edu
No HS2.3%
HS Grad42.1%
Some College11.1%
Associates18.7%
Bachelors10.0%
Graduate15.8%
Housing & Income

Housing Tenure

Owner: 42%Renter: 58%Tenure
Owner42.0%
Renter58.0%

Home Value Distribution

Under $50k
7%
$50k–100k
30%
$100k–150k
25%
$150k–200k
19%
$200k–300k
14%
$300k–500k
3%
Over $500k
2%

Financials

Median HH Income$43,166 ▼ 43% below avg ↑ 20% since 2019
Median Home Value$123,900 ▼ 56% below avg ↑ 48% since 2019
Home/Income Ratio2.9x (nat avg ~3.5x)
Median Rent$1,150/mo ↑ 23% since 2019
Total Units18,388
Vacant Units2,257
Avg HH Size2.71

Income Distribution

Under $25k
27%
$25k–50k
26%
$50k–75k
19%
$75k–100k
14%
$100k–150k
7%
$150k–200k
4%
Over $200k
3%
Employment & Commute

How People Get to Work

Drove Alone
92%
Public Transit
0%
Walked
1%
Work From Home
7%

Commute Time

Under 15 min
20%
15–30 min
52%
30–45 min
21%
Over 45 min
8%
Housing Stock

Year Built

Before 1940
1%
1940s–1950s
19%
1960s–1970s
21%
1980s–1990s
8%
2000+
51%

Summary

Total Units18,388
Vacant2,257
Owner Occupied42.0%
Renter Occupied58.0%
Avg HH Size2.71
Frequently Asked Questions
ZIP code 38128 is in Memphis, TN, in Shelby County.
ZIP code 38128 is located in Tennessee (TN).
ZIP code 38128 is in Shelby County, TN.
ZIP 38128 observes the Chicago timezone. Daylight Saving Time is observed.
The estimated population of ZIP code 38128 is 44,027 people (ACS 2023).
The median household income in ZIP code 38128 is $43,166 (ACS 2023).
The median home value in ZIP 38128 is $123,900 (ACS 2023).
About ZIP Code 38128

ZIP code 38128 is located in Memphis, Tennessee, within Shelby County. With a population of 44,027, this is a highly populated ZIP code with a relatively young community — the median age is 30.9 years. Economically, 38128 is a working-class ZIP code: the median household income of $43,166 is below the national average.

Real estate in ZIP code 38128 represents one of the more affordable housing markets in the country. The median home value of $123,900 is well below the national average. Renters can expect to pay around $1,150 per month in median rent. The area has a relatively balanced mix of owners (42.0%) and renters (58.0%). Median home values have increased by 48% since 2019.

The population of 38128 is primarily Black (78.83%). Residents are moderately educated — 25.8% hold a bachelor's degree or higher, which is below the national average. Poverty affects a significant share of residents at 22.4%. Household income has grown by 20% since 2019.

The unemployment rate in 38128 stands at 6.1%, which is above the national average. As in most parts of the country, driving alone is the dominant commute mode at 79%.

Overall, ZIP code 38128 in Memphis, TN is characterized as working-class, moderately educated, and a relatively young community. With 44,027 residents, a median household income of $43,166, and a median home value of $123,900, it offers a clear picture of life in this part of Tennessee.