City

Memphis, TN

61 ZIP codes  ·  Shelby County  ·  Tennessee

👥676,192Population
💰$55,965Median HH Income▼ 27% below avg
🎂34.9Median Age
🏠$165,708Median Home Value▼ 41% below avg
🎓35.2%College Grads▼ 9% below avg
📊8.8%Unemployment▲ 79% above avg
People & Population (ACS 2023 — weighted avg)
♂ Male 47.3% Female 52.7% ♀

Race & Ethnicity

White: 24.1%Hispanic: 9.5%Black: 62.2%Asian: 2%Other: 2.1%Race
White24.1%
Hispanic9.5%
Black62.2%
Asian2.0%
Other2.1%

Age Breakdown

Under 5
7%
5–17
18%
18–24
9%
25–44
28%
45–64
23%
65+
7%

Key Indicators

Median Age34.9 yrs
Avg HH Size2.43
Below Poverty21.4% ▲ 114% above avg
College Grads35.2% ▼ 9% below avg
Unemployment8.8% ▲ 79% above avg
No HS Diploma8,328 (2.1%)
HS Graduate129,436 (32.4%)
Some College40,912 (10.2%)
Associates74,792 (18.7%)
Bachelors28,627 (7.2%)
Graduate Degree117,171 (29.3%)

Education

No HS: 2.1%HS Grad: 32.4%Some College: 10.2%Associates: 18.7%Bachelors: 7.2%Graduate: 29.3%Edu
No HS2.1%
HS Grad32.4%
Some College10.2%
Associates18.7%
Bachelors7.2%
Graduate29.3%
Housing & Income

Housing Tenure

Owner: 48.8%Renter: 51.2%Tenure
Owner48.8%
Renter51.2%

Home Value Distribution

Under $50k
8%
$50k–$100k
21%
$100k–$150k
16%
$150k–$200k
13%
$200k–$300k
19%
$300k–$500k
15%
Over $500k
7%

Financials

Median HH Income$55,965 ▼ 27% below avg
Median Home Value$165,707 ▼ 41% below avg
Home/Income Ratio3.0x (nat avg ~3.5x)
Median Rent$1,171/mo
Total Housing Units306,227
Vacant Units37,229

Income Distribution

Under $25k
25%
$25k–$50k
20%
$50k–$75k
19%
$75k–$100k
12%
$100k–$150k
13%
$150k–$200k
5%
Over $200k
6%
Employment & Commute

How People Get to Work

Drove Alone
89%
Public Transit
1%
Walked
2%
Work From Home
9%

Commute Time

Under 15 min
24%
15–30 min
52%
30–45 min
19%
Over 45 min
5%
Housing Stock

Year Built

Before 1940
4%
1940s–1950s
18%
1960s–1970s
15%
1980s–1990s
9%
2000+
54%
About Memphis, TN

Memphis is a city in Tennessee, located in Shelby County. The city spans 61 ZIP codes and is home to approximately 676,192 residents. It is a relatively young city, with a median age of 34.89 years.

Economically, Memphis is a solidly middle-class community. The median household income of $55,965 is below the national average. Approximately 21.4% of residents live below the poverty line. The unemployment rate is 8.8%, significantly above the national average.

The real estate market in Memphis is an affordable housing market. Median home values stand at $165,707, which is below the national average. Renters typically pay around $1,170 per month.

The population of Memphis is moderately educated. 35.2% of adults hold a bachelor's degree or higher — near the national average. The community is majority Black (62.19%).

Memphis, TN offers residents a cost-conscious lifestyle within Tennessee. Spread across 61 ZIP codes, the city's neighborhoods vary in character, density, and demographics — explore each ZIP code below for a detailed breakdown.

ZIP Codes in Memphis
ZIPPopulationMedian IncomeMedian HomeMedian RentUnemp.CollegeOwner Occ.
38103 14,025 $75,763 $380,900 $1,575 1.7% 66.2% 30.8%
38104 22,925 $56,452 $301,100 $1,073 4.3% 56.5% 39.4%
38105 5,151 $29,316 $75,400 $928 9.2% 29.0% 13.5%
38106 21,827 $29,818 $66,400 $915 18.6% 19.9% 36.4%
38107 14,254 $36,393 $128,600 $999 10.8% 31.9% 38.4%
38108 18,501 $35,435 $62,600 $921 11.0% 18.5% 47.1%
38109 43,764 $36,934 $76,600 $1,000 16.2% 20.4% 54.4%
38111 43,308 $52,806 $165,200 $1,077 8.3% 43.4% 45.7%
38112 16,798 $52,639 $206,900 $969 9.3% 45.6% 52.8%
38114 20,440 $32,080 $79,000 $897 16.7% 20.6% 46.2%
38115 36,878 $42,931 $129,700 $1,129 8.4% 22.7% 23.0%
38116 41,393 $44,663 $125,800 $1,035 11.4% 31.0% 44.0%
38117 26,327 $93,688 $287,500 $1,353 2.8% 64.4% 76.2%
38118 39,162 $42,464 $95,700 $1,105 11.0% 21.7% 37.8%
38119 22,332 $86,325 $279,100 $1,336 5.2% 59.6% 60.2%
38120 13,249 $119,309 $421,500 $1,552 1.6% 76.3% 73.3%
38122 25,310 $45,456 $108,200 $1,127 5.3% 33.0% 48.7%
38125 42,793 $83,184 $230,400 $1,440 9.0% 48.2% 52.0%
38126 5,723 $30,825 $59,000 $794 8.0% 18.5% 15.6%
38127 39,553 $37,768 $82,500 $1,104 11.3% 19.2% 45.7%
38128 44,027 $43,166 $123,900 $1,150 6.1% 25.8% 42.0%
38133 21,153 $82,485 $234,800 $1,449 5.8% 43.7% 69.9%
38134 42,500 $61,172 $184,400 $1,147 4.8% 31.8% 49.0%
38135 30,490 $92,458 $270,100 $1,580 4.8% 48.0% 80.9%
38141 23,768 $64,050 $146,100 $1,389 9.9% 25.7% 60.8%