ZIP Code 38018

standard

Source:

Cordova · Shelby County · Tennessee

Population
35,059

733/sq mi

Median income
$90,004

▲ 18% vs US

higher than 73% of US ZIPs

Median home value
$293,800

▲ 6% vs US

higher than 66% of US ZIPs

Bachelor's or higher
46.1%

Median age 36.5

Land area
47.8 sq mi

Chicago

ZIP code 38018 in Cordova, Tennessee has a population of 35,059. The median household income is $90,004, which is 18% above the national average. Median home value is $293,800, 6% above the US average. 46.1% of residents hold a bachelor's degree or higher.

ZIP code 38018 is classified by USPS as a standard delivery area and covers roughly 47.8 square miles in Cordova, Shelby County, Tennessee. The area is home to 35,059 residents, producing a population density of 733 people per square mile, and falls within the Chicago time zone. These USPS and Census boundary values drive every downstream statistic on this page, including the benchmarks that compare 38018 against Tennessee and the nation.

On the economic side, the median household income for ZIP 38018 sits at $90,004 (35% above the Tennessee average), while per-capita income is $43,096. The poverty rate stands at 7.0% and the unemployment rate at 4.7%. On housing, the median home value is $293,800 (19% above the state average) with median rent at $1,716 per month, and 62.0% of occupied units are owner-occupied, a direct signal of whether 38018 behaves more like a homeowner neighborhood or a renter-heavy ZIP.

Education and household profile round out the picture: 46.1% of adults hold a bachelor's degree or higher, the median age is 36.5, and the average commute is 25 minutes. We also surface 10 nearby ZIP codes within roughly 10 miles and 6 additional ZIPs sharing Shelby County, so you can benchmark 38018 against its immediate geography rather than a national average alone. Every figure is sourced from the U.S. Census Bureau American Community Survey 5-Year Estimates, HUD Fair Market Rents, and FHFA Home Price Index data, no estimates, no proprietary scoring. Verify with HUD →

Top industries in ZIP 38018

Top 5 sectors by establishment count

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 + HUD FMR + FHFA HPI ACS demographics, ZBP business establishments, HUD Fair Market Rents, 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; HUD FMR + 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

$43,096

Per Capita Income

7.0%

Poverty Rate

4.7%

Unemployment Rate

25.0 min

Mean Commute Time

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

$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 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

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 Code Research Guides

Official Data Resources for Cordova, TN

Verify and explore additional data for this area using these official government sources.

Source: U.S. Census Bureau, ACS 5-Year Estimates (2023). Business data: Source: Census ZIP Code Business Patterns (ZBP) 2023. Home value trends: Source: FHFA House Price Index (HPI), Five-Digit ZIP Codes.

PlainZIP is not affiliated with the U.S. Census Bureau or any government agency.