38114 ZIP Code – Memphis, Tennessee
38114 is a large ZIP code in Memphis, Tennessee, part of Shelby County with a population of approximately 22,112 residents. The median household income is $29,492 — well below the Tennessee average and well below the national average. The median home value of $68,500 is well below the national average, with 46.0% owner-occupied housing (increasing). , with median rent coming in at $854 — below the national figure. Housing consists of 82% single-family (increasing), 9% apartments (decreasing), 8% duplex/multi-family.
At 16.7%, the unemployment rate is well above the national figure. The poverty rate is 32.0%, well above the national average. An estimated 14.2% of adults hold a bachelor's degree or higher, well below the national average. At 42.3, the median age is near the national figure. Nearby ZIP codes include 38132, 38131, 38111.
ZIP Code 38114 Data
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ZIP 38114 vs. Tennessee vs. U.S.
| Metric | ZIP 38114 | TN Avg. | U.S. Avg. |
|---|---|---|---|
| Population | 22k | 11k | 10k |
| Median Household Income | $29k | $60k | $73k |
| Median Home Value | $68k | $201k | $258k |
| Median Rent | $854 | $922 | $1,088 |
| Median Age | 42.3 | 42.7 | 43.2 |
| Unemployment Rate | 16.7% | 5.2% | 5.0% |
| Poverty Rate | 32.0% | 15.0% | 13.3% |
| Bachelor's Degree or Higher | 14.2% | 22.7% | 26.9% |
Demographics Charts
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Nearby ZIP Codes
- 38132 – Memphis
- 38131 – Memphis
- 38111 – Memphis
- 38104 – Memphis
- 38106 – Memphis
- 38152 – Memphis
- 38112 – Memphis
- 38126 – Memphis
- 38116 – Memphis
- 38105 – Memphis
Nearby ZIP Code Comparison
| ZIP Code | City | Population | Median Income |
|---|---|---|---|
| 38132 | MEMPHIS | 57 | Not provided |
| 38131 | MEMPHIS | Not provided | Not provided |
| 38111 | MEMPHIS | 42,322 | $50,151 |
| 38104 | MEMPHIS | 23,408 | $53,351 |
| 38106 | MEMPHIS | 23,140 | $29,098 |