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 High-density area
- $76,569
- Median income Near-median income area
- $282,800
- Median home value Near-median home value
- 40.8%
- Bachelor's or higher Above-average bachelor's attainment
National ZIP placement
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 average Tennessee ZIP), while per-capita income is $39,627. The poverty rate is 9.8%, with unemployment at 4.9%; those measures add context to the income figure. Median home value is $282,800 (14% above the average Tennessee ZIP) and median rent is $1,595; 54.7% of occupied 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. The page also surfaces 10 ZIP codes within roughly 10 miles and 6 more in Shelby County, so 38016 can be compared with both its immediate and county-level context.
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.
- Health care and social assistance
Health care and social assistance
80 establishments
- Retail trade
Retail trade
76 establishments
- Accommodation and food services
Accommodation and food services
65 establishments
- Other services (except public administration)
Other services (except public administration)
53 establishments
- Administrative and support and waste management and remediation services
Administrative and support and waste management and remediation services
44 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, 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
Who lives in ZIP 38016?
37.0
Median Age
46.3%
Male
53.7%
Female
9.8%
Foreign-Born
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 ZIP avg
$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
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?
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
What does housing look like?
Housing stock: occupied vs vacant
20,153housing units
20,153
Total Housing Units
18,517
Occupied Units
1,636
Vacant Units
2.38
Avg Household Size
Occupancy Type
$282,800
Median Home Value
+14% vs state ZIP avg
$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.
- 38016
Cordova (38016)
43,079 residents
- 38134
Memphis (38134)
41,948 residents
- 38002
Arlington (38002)
38,927 residents
- 38018
Cordova (38018)
35,059 residents
- 38135
Memphis (38135)
30,657 residents
- 38138
Germantown (38138)
24,045 residents
- 38133
Memphis (38133)
20,787 residents
- 38139 16,086
Germantown (38139)
16,086 residents
- 38120 14,237
Memphis (38120)
14,237 residents
What this shows Among its immediate neighbors, ZIP 38016 ranks the most populous - useful context the national average alone can't give.
ZIP 38016 vs its nearest neighbors, by median income
Median household income of this ZIP and the closest reporting ZIP codes within ~10 miles.
- 38139
Germantown (38139)
$178,661 median income
- 38028
Eads (38028)
$151,389 median income
- 38138
Germantown (38138)
$136,297 median income
- 38120
Memphis (38120)
$123,538 median income
- 38002
Arlington (38002)
$116,895 median income
- 38135
Memphis (38135)
$97,282 median income
- 38018
Cordova (38018)
$90,004 median income
- 38133
Memphis (38133)
$81,659 median income
- 38016
Cordova (38016)
$76,569 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.
| 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 |
Nationwide ZIPs with similar ACS profiles
Two Census-derived peer sets for ZIP 38016, both outside TN so the neighborhoods are not geographic containment (Nearby and same-county blocks stay local).
Similar population
Nearest cross-state ZIPs by resident population (43,079 here; floor ≥1,000).
Similar median household income
Nearest cross-state ZIPs by ACS median household income.
More ZIP Codes in Shelby County
Related Areas
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.
Related
Take this with you
What to do with ZIP 38016's numbers, next.
- See how ZIP 38016 compares to a neighboring ZIP code on the same Census fields Compare this ZIP
- Check where Cordova, TN ranks among every U.S. ZIP code on income, education, or homeownership View national rankings
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ZIP Code Tabulation Areas (ZCTAs) are Census Bureau approximations of USPS ZIP codes; figures describe the ZCTA area, not any single address within it.