Memphis, TN · standard

ZIP Code 38106

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

27,222
405/sq mi High-density area
$30,232
Median income Below-median income area
$71,800
Median home value Below-median home value
10.3%
Bachelor's or higher Below-average bachelor's attainment

National ZIP placement

Memphis pairs one of the lowest household incomes in the country with among the most affordable home values nationally, in a low-density, renter-heavy area.

2nd pct
household income, US ZIPs
3rd pct
home value, US ZIPs
405
people per sq mi
39%
owner-occupied homes

Source: U.S. Census Bureau ACS 5-Year Estimates (2019–2023). Percentiles rank ZIP 38106 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 38106 (Memphis, TN) fell -5.8% from 2023 to 2024.

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 38106 is a densely settled ZIP (a standard USPS delivery area) in Memphis, Shelby County, Tennessee, with 27,222 residents across 67.1 square miles, a density of 405 people per square mile, in the Chicago time zone.

ZIP 38106 sits on the lower end of the income spectrum: median household income is $30,232 (55% below the average Tennessee ZIP), while per-capita income is $19,130. Economic pressure is pronounced: 43.0% of residents are below the poverty line and unemployment is 19.7%. Home values sit below the statewide ZIP benchmark: the median is $71,800 (71% below the average Tennessee ZIP), and median rent is $952; owner occupancy is 38.6%.

Formal educational attainment runs low here: just 10.3% of adults hold a bachelor's degree or higher, the median age is 41.9, and the average commute is 21 minutes. The page also surfaces 10 ZIP codes within roughly 10 miles and 6 more in Shelby County, so 38106 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 38106

Top 5 sectors by establishment count in Memphis, TN

Which industries have the most business establishments in ZIP 38106.

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 38106, Memphis, 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

27,222

Population

67.1

Area (sq mi)

405

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 38106?

41.9

Median Age

48.1%

Male

51.9%

Female

1.5%

Foreign-Born

White 2.3%
African American 94.0%
Asian 0.0%
American Indian or Alaska Native 0.2%
Native Hawaiian or Pacific Islander 0.0%
Two or More Ethnicities 1.7%
Hispanic or Latino 2.9%

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?

$30,232

Median Household Income

-55% vs state ZIP avg

$19,130

Per Capita Income

43.0%

Poverty Rate

19.7%

Unemployment Rate

21.2 min

Mean Commute Time

How ZIP 38106 ranks among Tennessee ZIPs

Memphis, TN household income vs. every Tennessee ZIP code

Median household income among 593 reporting Tennessee ZIPs (this ZIP's population is too small for a reliable national-corpus placement)

$30,232 2nd percentile higher than 2% of 593 Tennessee ZIPs

This ZIP $0 $200K+ every Tennessee ZIP, bucketed by value

Each bar is a $20K-wide band; taller bars hold more Tennessee 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 57.2%
Bachelor's Degree or Higher 10.3%

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

What does housing look like?

11,226

Total Housing Units

8,640

Occupied Units

2,586

Vacant Units

2.41

Avg Household Size

Occupancy Type

Owner 38.6%
Renter 61.4%

$71,800

Median Home Value

-71% vs state ZIP avg

$952

Median Rent

1954

Median Year Built

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

What businesses operate in this ZIP?

Census Bureau data shows 287 business establishments in ZIP 38106, employing approximately 6,724 people with a combined annual payroll of $333,799,000.

287

Businesses

6,724

Employees

$333.8M

Annual Payroll

14

Industry Sectors

Industry Establishments % of Total
Retail trade 55 19.2%
Transportation and warehousing 43 15.0%
Other services (except public administration) 43 15.0%
Manufacturing 29 10.1%
Wholesale trade 29 10.1%
Accommodation and food services 26 9.1%
Construction 13 4.5%
Administrative and support and waste management and remediation services 12 4.2%
Health care and social assistance 9 3.1%
Educational services 8 2.8%
Professional, scientific, and technical services 6 2.1%
Finance and insurance 4 1.4%
Real estate and rental and leasing 4 1.4%
Arts, entertainment, and recreation 4 1.4%

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 38106 vs 38126 →

ZIP 38106 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 38106 ranks #2 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 38106 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 38106 ranks #8 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
38126 Memphis, TN 7,334 3.5 mi
38103 Memphis, TN 12,180 4.3 mi
38105 Memphis, TN 6,184 4.9 mi
38114 Memphis, TN 26,905 6.3 mi
38109 Memphis, TN 46,594 5.5 mi
38104 Memphis, TN 23,409 5.7 mi
38132 Memphis, TN 7 5.8 mi
72301 West Memphis, AR 26,069 6.0 mi
38131 Memphis, TN 0 6.4 mi
38107 Memphis, TN 17,698 6.3 mi

Nationwide ZIPs with similar ACS profiles

Two Census-derived peer sets for ZIP 38106, 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 (27,222 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 38106 in?

ZIP code 38106 (Memphis) 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 38106?

ZIP code 38106 in Memphis, TN has a population of 27,222 according to the Census Bureau ACS 2023 estimates.

What is the median household income in ZIP 38106?

The median household income in ZIP 38106 is $30,232, which is 60% below the national average of $76,288.

What is the average home value in ZIP 38106?

The median home value in ZIP 38106 is $71,800, which is 74% below the national average of $278,155.

What is the demographic makeup of ZIP 38106?

The largest racial group in ZIP 38106 is African American at 94.0%. Hispanic or Latino residents make up 2.9% of the population.

How many businesses are in ZIP code 38106?

ZIP code 38106 has 287 business establishments employing approximately 6,724 people, according to Census Bureau ZIP Code Business Patterns (ZBP) 2023 data.

What are the main industries in ZIP code 38106?

The top industries by establishment count in ZIP 38106 are: Retail trade (55), Transportation and warehousing (43), Other services (except public administration) (43). There are 14 industry sectors represented in total.

What is the education level in ZIP code 38106?

In ZIP code 38106, 57.2% of residents aged 25+ have a high school diploma or higher, and 10.3% 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 38106?

The mean commute time for workers in ZIP code 38106 is 21.2 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 38106?

In ZIP code 38106, approximately 38.6% of occupied housing units are owner-occupied and 61.4% are renter-occupied, based on Census ACS 2023 data.

What is the poverty rate in ZIP code 38106?

The poverty rate in ZIP code 38106 is 43.0% according to Census Bureau ACS 2023 estimates. This measures the percentage of the population living below the federal poverty threshold.

ZIP 38106'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

Compare this ZIP with another

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

Take this with you

What to do with ZIP 38106's numbers, next.

ZIP Code Tabulation Areas (ZCTAs) are Census Bureau approximations of USPS ZIP codes; figures describe the ZCTA area, not any single address within it.