38118 ZIP Code – Memphis, Tennessee
ZIP code 38118 is a large ZIP code located in Memphis, Tennessee, within Shelby County with a population of approximately 39,373 residents. The median household income of $41,830 is below the Tennessee average and well below the national average. Median home values of $90,400 are well below the national average, with 39.8% owner-occupied housing (decreasing). . Median rent is $1,081, which is near the U.S. average. Housing consists of 70% single-family (decreasing), 21% apartments (increasing), 7% duplex/multi-family.
The area reports an unemployment rate of 11.0%, well above the national average. About 32.5% of residents live below the poverty line, well above the national rate. An estimated 11.8% of adults hold a bachelor's degree or higher, well below the national average. The median age is 28.9, below the national median. Nearby ZIP codes include 38115, 38131, 38141.
ZIP Code 38118 Data
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ZIP 38118 vs. Tennessee vs. U.S.
| Metric | ZIP 38118 | TN Avg. | U.S. Avg. |
|---|---|---|---|
| Population | 39k | 11k | 10k |
| Median Household Income | $41k | $60k | $73k |
| Median Home Value | $90k | $201k | $258k |
| Median Rent | $1,081 | $922 | $1,088 |
| Median Age | 28.9 | 42.7 | 43.2 |
| Unemployment Rate | 11.0% | 5.2% | 5.0% |
| Poverty Rate | 32.5% | 15.0% | 13.3% |
| Bachelor's Degree or Higher | 11.8% | 22.7% | 26.9% |
Demographics Charts
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Gender
Education Level (adults 25+)
Nearby ZIP Codes
- 38115 – Memphis
- 38131 – Memphis
- 38141 – Memphis
- 38116 – Memphis
- 38132 – Memphis
- 38111 – Memphis
- 38114 – Memphis
- 38117 – Memphis
- 38119 – Memphis
- 38152 – Memphis
Nearby ZIP Code Comparison
| ZIP Code | City | Population | Median Income |
|---|---|---|---|
| 38115 | MEMPHIS | 36,574 | $39,176 |
| 38131 | MEMPHIS | Not provided | Not provided |
| 38141 | MEMPHIS | 23,123 | $67,584 |
| 38116 | MEMPHIS | 40,212 | $42,354 |
| 38132 | MEMPHIS | 57 | Not provided |