US ZIP Code
38135

Memphis, TN

Shelby County  ·  Tennessee

● Active
👥 30,490 Population ↑ 4% since 2019
💰 $92,458 Median HH Income
▲ 21% above avg ↑ 18% since 2019
🎂 41.4 Median Age ↓ 3% since 2019
🏠 $270,100 Median Home Value
≈ Avg ↑ 59% since 2019
🎓 48.0% College Grads
▲ 24% above avg
📊 4.8% Unemployment
≈ Avg ↑ 24% since 2019
ZIP Code Details
ZIP Code38135
CityMemphis
StateTennessee (TN)
CountyShelby County
Area Code901
Elevation291 ft
Latitude35.238915
Longitude-89.848589
TimezoneChicago (DST)
FIPS47157
ZIP TypeStandard
StatusActive
People & Population (ACS 2023)
♂ Male 48.8% (14,870) Female 51.2% (15,620) ♀

Race & Ethnicity

White: 56.5%Hispanic: 2.4%Black: 36.3%Asian: 3.1%Other: 1.6%Race
White56.5%
Hispanic2.4%
Black36.3%
Asian3.1%
Other1.6%

Age Breakdown

Under 5
6%
5–17
17%
18–24
7%
25–44
25%
45–64
30%
65+
8%

Key Indicators

Median Age41.4 yrs ↓ 3% since 2019
Avg Household Size2.77
Below Poverty8.3% ▼ 18% below avg
College Grads48.0% ▲ 24% above avg
Unemployment4.8% ≈ Avg
No HS Diploma39 (0.2%)
HS Graduate5,653 (27.8%)
Some College2,175 (10.7%)
Associates2,705 (13.3%)
Bachelors1,940 (9.5%)
Graduate Degree7,803 (38.4%)

Education

No HS: 0.2%HS Grad: 27.8%Some College: 10.7%Associates: 13.3%Bachelors: 9.5%Graduate: 38.4%Edu
No HS0.2%
HS Grad27.8%
Some College10.7%
Associates13.3%
Bachelors9.5%
Graduate38.4%
Housing & Income

Housing Tenure

Owner: 80.9%Renter: 19.1%Tenure
Owner80.9%
Renter19.1%

Home Value Distribution

Under $50k
2%
$50k–100k
2%
$100k–150k
9%
$150k–200k
18%
$200k–300k
28%
$300k–500k
39%
Over $500k
2%

Financials

Median HH Income$92,458 ▲ 21% above avg ↑ 18% since 2019
Median Home Value$270,100 ≈ Avg ↑ 59% since 2019
Home/Income Ratio2.9x (nat avg ~3.5x)
Median Rent$1,580/mo ↑ 27% since 2019
Total Units11,166
Vacant Units241
Avg HH Size2.77

Income Distribution

Under $25k
10%
$25k–50k
10%
$50k–75k
17%
$75k–100k
14%
$100k–150k
27%
$150k–200k
12%
Over $200k
10%
Employment & Commute

How People Get to Work

Drove Alone
93%
Walked
1%
Work From Home
6%

Commute Time

Under 15 min
20%
15–30 min
42%
30–45 min
31%
Over 45 min
8%
Housing Stock

Year Built

Before 1940
1%
1940s–1950s
2%
1960s–1970s
17%
1980s–1990s
27%
2000+
53%

Summary

Total Units11,166
Vacant241
Owner Occupied80.9%
Renter Occupied19.1%
Avg HH Size2.77
Frequently Asked Questions
ZIP code 38135 is in Memphis, TN, in Shelby County.
ZIP code 38135 is located in Tennessee (TN).
ZIP code 38135 is in Shelby County, TN.
ZIP 38135 observes the Chicago timezone. Daylight Saving Time is observed.
The estimated population of ZIP code 38135 is 30,490 people (ACS 2023).
The median household income in ZIP code 38135 is $92,458 (ACS 2023).
The median home value in ZIP 38135 is $270,100 (ACS 2023).
About ZIP Code 38135

ZIP code 38135 is located in Memphis, Tennessee, within Shelby County. With a population of 30,490, this is a moderately populated ZIP code with a middle-aged community — the median age is 41.4 years. Economically, 38135 is a middle-income ZIP code: the median household income of $92,458 is above the national average.

Real estate in ZIP code 38135 represents a mid-range housing market. The median home value of $270,100 is near the national average. Renters can expect to pay around $1,580 per month in median rent. Homeownership is strong here — 80.9% of occupied units are owner-occupied, suggesting an established, stable residential community. Median home values have increased by 59% since 2019.

The population of 38135 is majority White (56.53%). Residents are well-educated — 48.0% hold a bachelor's degree or higher, which is above the national average. Poverty affects a relatively small share of residents at 8.3%. Household income has grown by 18% since 2019.

The unemployment rate in 38135 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 84%.

Overall, ZIP code 38135 in Memphis, TN is characterized as middle-income, well-educated, a middle-aged community, and predominantly owner-occupied. With 30,490 residents, a median household income of $92,458, and a median home value of $270,100, it offers a clear picture of life in this part of Tennessee.