38016 ZIP Code – Cordova, Tennessee
38016 is a ZIP code serving Cordova, Tennessee in Shelby County with a population of approximately 46,394 residents. At $72,749, the median household income here runs above the Tennessee average and near the U.S. average. Homes in this ZIP code have a median value of $232,200, near the national average, with 54.7% owner-occupied housing (increasing). ; median rent of $1,351 is similarly above the national average. Housing consists of 68% single-family (decreasing), 25% apartments (increasing), 7% duplex/multi-family.
At 5.5%, the unemployment rate is near the national figure. About 9.9% of residents live below the poverty line, below the national rate. An estimated 41.5% of adults hold a bachelor's degree or higher, well above the national average. The median age is 37.5, near the national median. Nearby ZIP codes include 38018, 38133, 38029.
ZIP Code 38016 Data
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ZIP 38016 vs. Tennessee vs. U.S.
| Metric | ZIP 38016 | TN Avg. | U.S. Avg. |
|---|---|---|---|
| Population | 46k | 11k | 10k |
| Median Household Income | $72k | $60k | $73k |
| Median Home Value | $232k | $201k | $258k |
| Median Rent | $1,351 | $922 | $1,088 |
| Median Age | 37.5 | 42.7 | 43.2 |
| Unemployment Rate | 5.5% | 5.2% | 5.0% |
| Poverty Rate | 9.9% | 15.0% | 13.3% |
| Bachelor's Degree or Higher | 41.5% | 22.7% | 26.9% |
Demographics Charts
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Nearby ZIP Codes
- 38018 – Cordova
- 38133 – Memphis
- 38029 – Ellendale
- 38134 – Memphis
- 38139 – Germantown
- 38120 – Memphis
- 38135 – Memphis
- 38138 – Germantown
- 38028 – Eads
- 38002 – Arlington
Nearby ZIP Code Comparison
| ZIP Code | City | Population | Median Income |
|---|---|---|---|
| 38018 | CORDOVA | 38,338 | $82,355 |
| 38133 | MEMPHIS | 21,383 | $74,775 |
| 38029 | ELLENDALE | 37 | Not provided |
| 38134 | MEMPHIS | 42,789 | $57,630 |
| 38139 | GERMANTOWN | 16,627 | $174,396 |