PlainZIP

Cordova, TN · standard

ZIP Code 38016

Shelby County, Tennessee - Census ACS demographics, housing tenure, and business patterns, benchmarked against every US ZIP.

43,079
873/sq mi
$76,569
Median income
$282,800
Median home value
40.8%
Bachelor's or higher

The verdict

Cordova pairs an above-median household income with above-median home values, in a low-density, mixed-tenure area.

Top 43%
household income, US ZIPs
Top 36%
home value, US ZIPs
873
people per sq mi
55%
owner-occupied homes

Source: U.S. Census Bureau ACS 5-Year Estimates (2019–2023). Percentiles rank ZIP 38016 against every reporting US ZIP.

ZIP code 38016 is a densely settled ZIP (a standard USPS delivery area) in Cordova, Shelby County, Tennessee, with 43,079 residents across 49.3 square miles, a density of 873 people per square mile, in the Chicago time zone.

ZIP 38016 lands in the middle-income range, with a median household income of $76,569 (15% above the Tennessee average), while per-capita income is $39,627. 9.8% of residents live below the poverty line, and the unemployment rate reads 4.9%. Housing costs here run $282,800 for a typical home value (14% above the state average), with rent averaging $1,595 a month; 54.7% of homes are owner-occupied.

A solid share of residents have a four-year degree: 40.8% of adults hold a bachelor's degree or higher, the median age is 37, and the average commute is 25 minutes. To put 38016 in local context, 10 ZIP codes within roughly 10 miles appear further down this page alongside 6 additional ZIPs in Shelby County, for a geography-aware comparison.

Every figure on this page is sourced from the U.S. Census Bureau American Community Survey 5-Year Estimates (including median rent) and the FHFA House Price Index, no estimates, no proprietary scoring. Verify with Census →

Top industries in ZIP 38016

Top 5 sectors by establishment count in Cordova, TN

Which industries have the most business establishments in ZIP 38016.

establishments

What this shows Establishment counts come from the Census ZIP Code Business Patterns program, which counts physical business locations rather than employees or revenue.

Source U.S. Census Bureau · ZIP Code Business Patterns (ZBP) As of 2023

Source: U.S. Census Bureau, American Community Survey 5-Year Estimates + ZIP Code Business Patterns + FHFA HPI ACS demographics and median rent, ZBP business establishments, FHFA HPI for ZIP 38016, Cordova, TN · 2023 Census ACS 5-Year Estimates use a rolling 60-month sample for stable small-geography estimates; ZBP updated annually; FHFA HPI updated quarterly/annually.

Quick Facts

43,079

Population

49.3

Area (sq mi)

873

People / sq mi

Chicago

Time Zone

standard

ZIP Type

Neighborhood Scorecard
Get an A-F grade across income, safety, housing, rent, education, commute, and childcare for this ZIP code.
View Scorecard →

Who lives in ZIP 38016?

37.0

Median Age

46.3%

Male

53.7%

Female

9.8%

Foreign-Born

White 29.0%
African American 54.7%
Asian 4.3%
American Indian or Alaska Native 0.1%
Native Hawaiian or Pacific Islander 0.3%
Two or More Ethnicities 7.6%
Hispanic or Latino 7.3%

Hispanic or Latino is an ethnicity category from the Census Bureau and may overlap with other categories above.

Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)

How much do residents earn?

$76,569

Median Household Income

+15% vs state

$39,627

Per Capita Income

9.8%

Poverty Rate

4.9%

Unemployment Rate

24.9 min

Mean Commute Time

How ZIP 38016 ranks nationally

Cordova, TN household income vs. every US ZIP code

Median household income, the full national distribution, with this ZIP marked

$76,569 Top 43% higher than 57% of 30,318 US ZIPs

$0–$20,000: 118 US ZIPs (0%). Below this entry. $20,000–$40,000: 1,573 US ZIPs (5%). Below this entry. $40,000–$60,000: 7,092 US ZIPs (23%). Below this entry. $60,000–$80,000: 9,980 US ZIPs (33%). This entry sits in this band. $80,000–$100,000: 5,778 US ZIPs (19%). Above this entry. $100,000–$120,000: 2,855 US ZIPs (9%). Above this entry. $120,000–$140,000: 1,362 US ZIPs (4%). Above this entry. $140,000–$160,000: 686 US ZIPs (2%). Above this entry. $160,000–$180,000: 364 US ZIPs (1%). Above this entry. $180,000–$200,000: 186 US ZIPs (1%). Above this entry. $200,000–$220,000: 324 US ZIPs (1%). Above this entry. This ZIP $0 $200K+ every reporting US ZIP, bucketed by value

Each bar is a $20K-wide band; taller bars hold more US ZIPs. The dashed line + filled bar mark this entry. Hover or tap any bar for its full count, share, and where it sits relative to this entry.

Source U.S. Census Bureau, ACS 5-Year Estimates · 2019–2023

Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)

What is the education profile here?

High School Graduate or Higher 64.1%
Bachelor's Degree or Higher 40.8%

Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)

What does housing look like?

20,153

Total Housing Units

18,517

Occupied Units

1,636

Vacant Units

2.38

Avg Household Size

Occupancy Type

Owner 54.7%
Renter 45.3%

$282,800

Median Home Value

+14% vs state

$1,595

Median Rent

1998

Median Year Built

Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)

How have home values changed over time?

FHFA House Price Index, annual appreciation data based on repeat sales and appraisals

+0.5%

YoY Change (2024)

177

HPI Index (2000 = 100)

+77%

Total Change Since 2000

Home values in ZIP 38016 have increased 0.5% over the past year (2024). Since 2000, this ZIP has seen +77% cumulative appreciation.

Year Annual Change HPI Index
2020 +6.9% 125
2021 +14.6% 144
2022 +20.4% 173
2023 +1.7% 176
2024 +0.5% 177

Source: Federal Housing Finance Agency (FHFA) House Price Index, All-Transactions, Five-Digit ZIP Codes (Developmental Index). Index base = 100 in year 2000. Data through 2024. ZIP codes with few transactions may show missing values.

What businesses operate in this ZIP?

Census Bureau data shows 537 business establishments in ZIP 38016, employing approximately 8,392 people with a combined annual payroll of $404,661,000.

537

Businesses

8,392

Employees

$404.7M

Annual Payroll

17

Industry Sectors

Industry Establishments % of Total
Health care and social assistance 80 14.9%
Retail trade 76 14.2%
Accommodation and food services 65 12.1%
Other services (except public administration) 53 9.9%
Administrative and support and waste management and remediation services 44 8.2%
Professional, scientific, and technical services 41 7.6%
Finance and insurance 34 6.3%
Construction 32 6.0%
Transportation and warehousing 29 5.4%
Real estate and rental and leasing 21 3.9%
Wholesale trade 18 3.4%
Information 12 2.2%
Arts, entertainment, and recreation 12 2.2%
Management of companies and enterprises 8 1.5%
Manufacturing 5 0.9%
Educational services 4 0.7%
Industries not classified 3 0.6%

Source: U.S. Census Bureau, ZIP Code Business Patterns (ZBP), 2023. Employment figures may include noise for disclosure avoidance.

Nearby ZIP Codes

Want a side-by-side? Compare 38016 vs 38018 →

ZIP 38016 vs its nearest neighbors, by population

Resident population of this ZIP and the closest reporting ZIP codes within ~10 miles.

residents

What this shows Among its immediate neighbors, ZIP 38016 ranks the most populous - useful context the national average alone can't give.

Source U.S. Census Bureau · ACS 5-Year Estimates As of 2019–2023

ZIP 38016 vs its nearest neighbors, by median income

Median household income of this ZIP and the closest reporting ZIP codes within ~10 miles.

median income

What this shows By household income, ZIP 38016 ranks #9 of 9 neighboring ZIPs, local affluence varies block to block, not just metro to metro.

Source U.S. Census Bureau · ACS 5-Year Estimates As of 2019–2023
ZIP Code City Population Distance
38018 Cordova, TN 35,059 2.9 mi
38133 Memphis, TN 20,787 3.0 mi
38139 Germantown, TN 16,086 6.5 mi
38134 Memphis, TN 41,948 5.7 mi
38029 Ellendale, TN 80 5.4 mi
38028 Eads, TN 6,883 7.0 mi
38138 Germantown, TN 24,045 6.9 mi
38135 Memphis, TN 30,657 6.5 mi
38120 Memphis, TN 14,237 6.6 mi
38002 Arlington, TN 38,927 7.9 mi

More ZIP Codes in Shelby County

38017 standard
Collierville, TN
Pop: 48,642
38109 standard
Memphis, TN
Pop: 46,594
38127 standard
Memphis, TN
Pop: 45,248
38128 standard
Memphis, TN
Pop: 44,863
38134 standard
Memphis, TN
Pop: 41,948
38111 standard
Memphis, TN
Pop: 41,742

Related Areas

Shelby County Cordova, TN Tennessee

Frequently Asked Questions

What county is ZIP code 38016 in? ▼
ZIP code 38016 (Cordova) is located in Shelby County, Tennessee. Shelby County contains multiple ZIP codes, see the full list at /counties/shelby-tn.
What is the population of ZIP code 38016? ▼
ZIP code 38016 in Cordova, TN has a population of 43,079 according to the Census Bureau ACS 2023 estimates.
What is the median household income in ZIP 38016? ▼
The median household income in ZIP 38016 is $76,569, which is 0% above the national average of $76,288.
What is the average home value in ZIP 38016? ▼
The median home value in ZIP 38016 is $282,800, which is 2% above the national average of $278,155.
What is the demographic makeup of ZIP 38016? ▼
The largest racial group in ZIP 38016 is African American at 54.7%. Hispanic or Latino residents make up 7.3% of the population.
How many businesses are in ZIP code 38016? ▼
ZIP code 38016 has 537 business establishments employing approximately 8,392 people, according to Census Bureau ZIP Code Business Patterns (ZBP) 2023 data.
What are the main industries in ZIP code 38016? ▼
The top industries by establishment count in ZIP 38016 are: Health care and social assistance (80), Retail trade (76), Accommodation and food services (65). There are 17 industry sectors represented in total.
How have home values changed in ZIP code 38016? ▼
According to the FHFA House Price Index, home values in ZIP 38016 increased by 0.5% in 2024. Since 2000, home values in this ZIP have appreciated by approximately 77%. This is a developmental index based on repeat sales and appraisal data from Fannie Mae and Freddie Mac.
What is the education level in ZIP code 38016? ▼
In ZIP code 38016, 64.1% of residents aged 25+ have a high school diploma or higher, and 40.8% hold a bachelor's degree or higher. These figures come from the Census Bureau ACS 5-Year Estimates (2023).
What is the average commute time in ZIP 38016? ▼
The mean commute time for workers in ZIP code 38016 is 24.9 minutes according to Census ACS data. The national average is roughly 26 minutes, so commuters here spend less time traveling to work than typical.
What percentage of residents own vs. rent in ZIP 38016? ▼
In ZIP code 38016, approximately 54.7% of occupied housing units are owner-occupied and 45.3% are renter-occupied, based on Census ACS 2023 data.
What is the poverty rate in ZIP code 38016? ▼
The poverty rate in ZIP code 38016 is 9.8% according to Census Bureau ACS 2023 estimates. This measures the percentage of the population living below the federal poverty threshold.

Read our methodology to see how this data is sourced, computed, and verified.