38115 ZIP Code – Memphis, Tennessee
38115 is a ZIP code serving Memphis, Tennessee in Shelby County with a population of approximately 36,574 residents. At $39,176, the median household income here runs below the Tennessee average and well below the U.S. average. Median home values of $117,400 are well below the national average, with 23.4% owner-occupied housing (decreasing). , and the median rent of $1,041 is near the national average. Housing consists of 41% single-family (increasing), 41% apartments (increasing), 18% duplex/multi-family.
The unemployment rate is 8.4%, well above the national average. The poverty rate of 19.5% is above the U.S. average. About 14.3% of residents have completed a four-year degree, well below the national rate. Residents have a median age of 29.9, below the U.S. median. Neighboring ZIP codes include 38119, 38141, 38118.
ZIP Code 38115 Data
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ZIP 38115 vs. Tennessee vs. U.S.
| Metric | ZIP 38115 | TN Avg. | U.S. Avg. |
|---|---|---|---|
| Population | 36k | 11k | 10k |
| Median Household Income | $39k | $60k | $73k |
| Median Home Value | $117k | $201k | $258k |
| Median Rent | $1,041 | $922 | $1,088 |
| Median Age | 29.9 | 42.7 | 43.2 |
| Unemployment Rate | 8.4% | 5.2% | 5.0% |
| Poverty Rate | 19.5% | 15.0% | 13.3% |
| Bachelor's Degree or Higher | 14.3% | 22.7% | 26.9% |
Demographics Charts
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Education Level (adults 25+)
Nearby ZIP Codes
- 38119 – Memphis
- 38141 – Memphis
- 38118 – Memphis
- 38138 – Germantown
- 38125 – Memphis
- 38120 – Memphis
- 38117 – Memphis
- 38111 – Memphis
- 38152 – Memphis
- 38139 – Germantown
Nearby ZIP Code Comparison
| ZIP Code | City | Population | Median Income |
|---|---|---|---|
| 38119 | MEMPHIS | 22,990 | $92,500 |
| 38141 | MEMPHIS | 23,123 | $67,584 |
| 38118 | MEMPHIS | 39,373 | $41,830 |
| 38138 | GERMANTOWN | 25,465 | $122,627 |
| 38125 | MEMPHIS | 43,305 | $80,116 |