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

Population 22,112
Median Household Income $29,492
Median Home Value $68,500
Median Rent $854
Median Age 42.3
Unemployment Rate 16.7%
Poverty Rate 32.0%
Bachelor's Degree or Higher 14.2%
County Shelby County
State Tennessee

ZIP 38114 vs. Tennessee vs. U.S.

MetricZIP 38114TN Avg.U.S. Avg.
Population22k11k10k
Median Household Income$29k$60k$73k
Median Home Value$68k$201k$258k
Median Rent$854$922$1,088
Median Age42.342.743.2
Unemployment Rate16.7%5.2%5.0%
Poverty Rate32.0%15.0%13.3%
Bachelor's Degree or Higher14.2%22.7%26.9%

Demographics Charts

Race & Ethnicity

Gender

Education Level (adults 25+)

Nearby ZIP Codes

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