Cordova, TN · standard

ZIP Code 38018

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

35,059
733/sq mi High-density area
$90,004
Median income Above-median income area
$293,800
Median home value Near-median home value
46.1%
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, homeowner-dominated area.

Top 27%
household income, US ZIPs
Top 34%
home value, US ZIPs
733
people per sq mi
62%
owner-occupied homes

Source: U.S. Census Bureau ACS 5-Year Estimates (2019–2023). Percentiles rank ZIP 38018 against every reporting US ZIP.

FHFA HPI release change

What changed in the latest House Price Index year

2023 -> 2024
  • FHFA House Price Index values in ZIP 38018 (Cordova, TN) fell -3.9% from 2023 to 2024. The all-transactions index moved from 190.7 in 2023 to 183.2 in 2024 (2000 = 100).

Arithmetic difference between stored FHFA all-transactions ZIP House Price Index annual values - a developmental index from repeat sales and appraisals, not a transaction median, appraisal opinion, or forecast. Thin markets can move sharply.

National HPI changes Year-pair CSV

ZIP code 38018 is a densely settled ZIP (a standard USPS delivery area) in Cordova, Shelby County, Tennessee, with 35,059 residents across 47.8 square miles, a density of 733 people per square mile, in the Chicago time zone.

ZIP 38018 lands in the middle-income range, with a median household income of $90,004 (35% above the average Tennessee ZIP), while per-capita income is $43,096. The poverty rate is 7.0%, with unemployment at 4.7%; those measures add context to the income figure. Housing is both higher-cost and owner-heavy: median home value is $293,800 (19% above the average Tennessee ZIP), while 62.0% of occupied homes are owner-occupied and median rent is $1,716.

A solid share of residents have a four-year degree: 46.1% of adults hold a bachelor's degree or higher, the median age is 36.5, 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 38018 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 →

View your shortlist → Compare ZIPs →

Top industries in ZIP 38018

Top 5 sectors by establishment count in Cordova, TN

Which industries have the most business establishments in ZIP 38018.

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 38018, 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

35,059

Population

47.8

Area (sq mi)

733

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 38018?

36.5

Median Age

47.7%

Male

52.3%

Female

9.0%

Foreign-Born

White 35.4%
African American 49.3%
Asian 4.6%
American Indian or Alaska Native 0.0%
Native Hawaiian or Pacific Islander 0.0%
Two or More Ethnicities 8.1%
Hispanic or Latino 9.1%

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?

$90,004

Median Household Income

+35% vs state ZIP avg

$43,096

Per Capita Income

7.0%

Poverty Rate

4.7%

Unemployment Rate

25.0 min

Mean Commute Time

How ZIP 38018 ranks nationally

Cordova, TN household income vs. every US ZIP code

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

$90,004 Top 27% higher than 73% of 30,318 US ZIPs

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 65.3%
Bachelor's Degree or Higher 46.1%

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

What does housing look like?

15,380

Total Housing Units

14,575

Occupied Units

805

Vacant Units

2.62

Avg Household Size

Occupancy Type

Owner 62.0%
Renter 38.0%

$293,800

Median Home Value

+19% vs state ZIP avg

$1,716

Median Rent

1997

Median Year Built

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

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

-3.9%

YoY Change (2024)

183

HPI Index (2000 = 100)

+83%

Total Change Since 2000

Home values in ZIP 38018 have decreased 3.9% over the past year (2024). Since 2000, this ZIP has seen +83% cumulative appreciation.

Year Annual Change HPI Index
2020 +5.3% 131
2021 +16.6% 153
2022 +18.0% 180
2023 +6.0% 191
2024 -3.9% 183

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 726 business establishments in ZIP 38018, employing approximately 11,621 people with a combined annual payroll of $605,533,000.

726

Businesses

11,621

Employees

$605.5M

Annual Payroll

16

Industry Sectors

Industry Establishments % of Total
Health care and social assistance 116 16.0%
Other services (except public administration) 84 11.6%
Retail trade 73 10.1%
Finance and insurance 69 9.5%
Professional, scientific, and technical services 68 9.4%
Accommodation and food services 67 9.2%
Construction 57 7.8%
Wholesale trade 45 6.2%
Real estate and rental and leasing 41 5.7%
Administrative and support and waste management and remediation services 41 5.7%
Transportation and warehousing 16 2.2%
Arts, entertainment, and recreation 15 2.1%
Educational services 10 1.4%
Manufacturing 9 1.2%
Information 7 1.0%
Management of companies and enterprises 6 0.8%

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 38018 vs 38016 →

ZIP 38018 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 38018 ranks #4 by population - useful context the national average alone can't give.

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

ZIP 38018 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 38018 ranks #4 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
38016 Cordova, TN 43,079 2.9 mi
38139 Germantown, TN 16,086 3.7 mi
38138 Germantown, TN 24,045 4.1 mi
38120 Memphis, TN 14,237 5.0 mi
38133 Memphis, TN 20,787 5.4 mi
38134 Memphis, TN 41,948 6.0 mi
38125 Memphis, TN 36,150 7.9 mi
38119 Memphis, TN 22,330 6.1 mi
38029 Ellendale, TN 80 7.6 mi
38117 Memphis, TN 26,125 8.0 mi

Nationwide ZIPs with similar ACS profiles

Two Census-derived peer sets for ZIP 38018, 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 (35,059 here; floor ≥1,000).

Similar median household income

Nearest cross-state ZIPs by ACS median household income.

More ZIP Codes in Shelby County

Frequently Asked Questions

What county is ZIP code 38018 in?

ZIP code 38018 (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 38018?

ZIP code 38018 in Cordova, TN has a population of 35,059 according to the Census Bureau ACS 2023 estimates.

What is the median household income in ZIP 38018?

The median household income in ZIP 38018 is $90,004, which is 18% above the national average of $76,288.

What is the average home value in ZIP 38018?

The median home value in ZIP 38018 is $293,800, which is 6% above the national average of $278,155.

What is the demographic makeup of ZIP 38018?

The largest racial group in ZIP 38018 is African American at 49.3%. Hispanic or Latino residents make up 9.1% of the population.

How many businesses are in ZIP code 38018?

ZIP code 38018 has 726 business establishments employing approximately 11,621 people, according to Census Bureau ZIP Code Business Patterns (ZBP) 2023 data.

What are the main industries in ZIP code 38018?

The top industries by establishment count in ZIP 38018 are: Health care and social assistance (116), Other services (except public administration) (84), Retail trade (73). There are 16 industry sectors represented in total.

How have home values changed in ZIP code 38018?

According to the FHFA House Price Index, home values in ZIP 38018 decreased by 3.9% in 2024. Since 2000, home values in this ZIP have appreciated by approximately 83%. 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 38018?

In ZIP code 38018, 65.3% of residents aged 25+ have a high school diploma or higher, and 46.1% 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 38018?

The mean commute time for workers in ZIP code 38018 is 25.0 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 38018?

In ZIP code 38018, approximately 62.0% of occupied housing units are owner-occupied and 38.0% are renter-occupied, based on Census ACS 2023 data.

What is the poverty rate in ZIP code 38018?

The poverty rate in ZIP code 38018 is 7.0% according to Census Bureau ACS 2023 estimates. This measures the percentage of the population living below the federal poverty threshold.

ZIP 38018's figures come from ACS 5-Year Estimates, Census ZIP Code Business Patterns, and the FHFA House Price Index. See our methodology for details.

Related

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

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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.