ZIP 38104 vs ZIP 38112

This side-by-side compares ZIP 38104 (Memphis, TN) and ZIP 38112 (Memphis, TN) using the same Census ACS 5-Year table fields for both — no averages swapped in, no national proxies. ZIP 38104 has a population of 23,409 at 1,773 people per square mile, while ZIP 38112 has 17,472 at 1,500 per square mile. That difference in population size and density alone reshapes how every other metric should be interpreted — a higher-income ZIP with 1,200 residents behaves very differently from one with 45,000.

On income and education, ZIP 38104 reports a median household income of $58,117 against $55,207 in ZIP 38112, with per-capita income of $53,836 vs $32,543. The share of adults holding a bachelor's degree or higher is 51.3% in 38104 and 39.2% in 38112. Poverty rate reads 16.0% vs 31.3%, and unemployment 4.3% vs 9.6% — these four fields alone drive most of the difference in the scorecard grades you will see for each ZIP.

Housing separates these two ZIPs further: median home value sits at $317,200 in 38104 versus $252,100 in 38112, with median rent of $1,112 and $985 per month respectively. Homeownership rate is 38.0% vs 51.8%. When reading the comparison table below, focus on paired metrics rather than single winners — a ZIP with lower home values and lower income is not strictly "worse" if rent-to-income ratios and commute times land in the same zone. Every value is pulled from the exact same ACS table so the two columns are genuinely comparable.