38117 ZIP Code – Memphis, Tennessee

ZIP code 38117 is a large ZIP code located in Memphis, Tennessee, within Shelby County with a population of approximately 26,430 residents. The median household income of $91,680 is well above the Tennessee average and above the national average. At $263,100, median home values run near the national average, with 75.7% owner-occupied housing (decreasing). . Median rent is $1,249, which is near the U.S. average. Housing consists of 89% single-family (decreasing), 7% apartments (decreasing).

Unemployment stands at 2.8%, which is well below the U.S. rate. An estimated 9.5% of the population falls below the poverty line, below the national figure. Bachelor's degree attainment is 60.0%, well above the national average. The population has a median age of 38.6, near the national median. Nearby ZIP codes include 38152, 38111, 38122.

ZIP Code 38117 Data

Population 26,430
Median Household Income $91,680
Median Home Value $263,100
Median Rent $1,249
Median Age 38.6
Unemployment Rate 2.8%
Poverty Rate 9.5%
Bachelor's Degree or Higher 60.0%
County Shelby County
State Tennessee

ZIP 38117 vs. Tennessee vs. U.S.

MetricZIP 38117TN Avg.U.S. Avg.
Population26k11k10k
Median Household Income$91k$60k$73k
Median Home Value$263k$201k$258k
Median Rent$1,249$922$1,088
Median Age38.642.743.2
Unemployment Rate2.8%5.2%5.0%
Poverty Rate9.5%15.0%13.3%
Bachelor's Degree or Higher60.0%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
38152 MEMPHIS 719 Not provided
38111 MEMPHIS 42,322 $50,151
38122 MEMPHIS 24,014 $45,065
38120 MEMPHIS 13,554 $112,700
38119 MEMPHIS 22,990 $92,500