US ZIP Code
38134

Memphis, TN

Shelby County  ·  Tennessee

● Active
👥 42,500 Population ↓ 7% since 2019
💰 $61,172 Median HH Income
▼ 20% below avg ↑ 26% since 2019
🎂 33.9 Median Age
🏠 $184,400 Median Home Value
▼ 34% below avg ↑ 48% since 2019
🎓 31.8% College Grads
▼ 18% below avg
📊 4.8% Unemployment
≈ Avg ↓ 31% since 2019
ZIP Code Details
ZIP Code38134
CityMemphis
StateTennessee (TN)
CountyShelby County
Area Code901
Elevation275 ft
Latitude35.17454
Longitude-89.860777
TimezoneChicago (DST)
FIPS47157
ZIP TypeStandard
StatusActive
People & Population (ACS 2023)
♂ Male 50.4% (21,403) Female 49.6% (21,097) ♀

Race & Ethnicity

White: 37.8%Hispanic: 15.2%Black: 40.8%Asian: 2.9%Other: 3%Race
White37.8%
Hispanic15.2%
Black40.8%
Asian2.9%
Other3.0%

Age Breakdown

Under 5
5%
5–17
21%
18–24
9%
25–44
32%
45–64
21%
65+
5%

Key Indicators

Median Age33.9 yrs
Avg Household Size2.64
Below Poverty10.9% ▲ 9% above avg
College Grads31.8% ▼ 18% below avg
Unemployment4.8% ≈ Avg
No HS Diploma645 (2.6%)
HS Graduate7,726 (30.6%)
Some College3,549 (14.1%)
Associates5,289 (21%)
Bachelors2,293 (9.1%)
Graduate Degree5,735 (22.7%)

Education

No HS: 2.6%HS Grad: 30.6%Some College: 14.1%Associates: 21%Bachelors: 9.1%Graduate: 22.7%Edu
No HS2.6%
HS Grad30.6%
Some College14.1%
Associates21.0%
Bachelors9.1%
Graduate22.7%
Housing & Income

Housing Tenure

Owner: 49%Renter: 51%Tenure
Owner49.0%
Renter51.0%

Home Value Distribution

Under $50k
2%
$50k–100k
5%
$100k–150k
23%
$150k–200k
27%
$200k–300k
34%
$300k–500k
8%
Over $500k
0%

Financials

Median HH Income$61,172 ▼ 20% below avg ↑ 26% since 2019
Median Home Value$184,400 ▼ 34% below avg ↑ 48% since 2019
Home/Income Ratio3.0x (nat avg ~3.5x)
Median Rent$1,147/mo ↑ 19% since 2019
Total Units15,685
Vacant Units987
Avg HH Size2.64

Income Distribution

Under $25k
16%
$25k–50k
21%
$50k–75k
20%
$75k–100k
15%
$100k–150k
18%
$150k–200k
6%
Over $200k
3%
Employment & Commute

How People Get to Work

Drove Alone
92%
Walked
1%
Work From Home
8%

Commute Time

Under 15 min
22%
15–30 min
53%
30–45 min
20%
Over 45 min
5%
Housing Stock

Year Built

Before 1940
0%
1940s–1950s
12%
1960s–1970s
31%
1980s–1990s
6%
2000+
51%

Summary

Total Units15,685
Vacant987
Owner Occupied49.0%
Renter Occupied51.0%
Avg HH Size2.64
Frequently Asked Questions
ZIP code 38134 is in Memphis, TN, in Shelby County.
ZIP code 38134 is located in Tennessee (TN).
ZIP code 38134 is in Shelby County, TN.
ZIP 38134 observes the Chicago timezone. Daylight Saving Time is observed.
The estimated population of ZIP code 38134 is 42,500 people (ACS 2023).
The median household income in ZIP code 38134 is $61,172 (ACS 2023).
The median home value in ZIP 38134 is $184,400 (ACS 2023).
About ZIP Code 38134

ZIP code 38134 is located in Memphis, Tennessee, within Shelby County. With a population of 42,500, this is a highly populated ZIP code with a relatively young community — the median age is 33.9 years. Economically, 38134 is a solidly middle-class ZIP code: the median household income of $61,172 is below the national average.

Real estate in ZIP code 38134 represents an affordable housing market. The median home value of $184,400 is below the national average. Renters can expect to pay around $1,147 per month in median rent. The area has a relatively balanced mix of owners (49.0%) and renters (51.0%). Median home values have increased by 48% since 2019.

The population of 38134 is racially diverse, with Black as the largest group at 40.8%. Residents are moderately educated — 31.8% hold a bachelor's degree or higher, which is below the national average. Poverty affects some residents at 10.9%. Household income has grown by 26% since 2019.

The unemployment rate in 38134 stands at 4.8%, which is near the national average. As in most parts of the country, driving alone is the dominant commute mode at 82%.

Overall, ZIP code 38134 in Memphis, TN is characterized as solidly middle-class, moderately educated, and a relatively young community. With 42,500 residents, a median household income of $61,172, and a median home value of $184,400, it offers a clear picture of life in this part of Tennessee.