38127 ZIP Code – Memphis, Tennessee

38127 is a ZIP code serving Memphis, Tennessee in Shelby County with a population of approximately 40,565 residents. The median household income is $34,781 — well below the Tennessee average and well below the national average. At $76,600, median home values run well below the national average, with 42.2% owner-occupied housing (decreasing). , with median rent coming in at $1,037 — near the national figure. Housing consists of 83% single-family (increasing), 9% apartments (decreasing), 6% duplex/multi-family.

Unemployment stands at 11.5%, which is well above the U.S. rate. About 34.7% of residents live below the poverty line, well above the national rate. About 11.4% of residents have completed a four-year degree, well below the national rate. The median age is 32.3, below the national median. Nearby ZIP codes include 38107, 38128, 38108.

ZIP Code 38127 Data

Population 40,565
Median Household Income $34,781
Median Home Value $76,600
Median Rent $1,037
Median Age 32.3
Unemployment Rate 11.5%
Poverty Rate 34.7%
Bachelor's Degree or Higher 11.4%
County Shelby County
State Tennessee

ZIP 38127 vs. Tennessee vs. U.S.

MetricZIP 38127TN Avg.U.S. Avg.
Population40k11k10k
Median Household Income$34k$60k$73k
Median Home Value$76k$201k$258k
Median Rent$1,037$922$1,088
Median Age32.342.743.2
Unemployment Rate11.5%5.2%5.0%
Poverty Rate34.7%15.0%13.3%
Bachelor's Degree or Higher11.4%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
38107 MEMPHIS 14,509 $34,325
38128 MEMPHIS 44,400 $40,497
38108 MEMPHIS 17,629 $29,757
38105 MEMPHIS 5,215 $26,250
38103 MEMPHIS 13,981 $89,851