PlainZIP

Memphis, TN · standard

ZIP Code 38107

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

17,698
1,265/sq mi
$35,265
Median income
$152,000
Median home value
24.4%
Bachelor's or higher

The verdict

Memphis pairs one of the lowest household incomes in the country with below-median home values, in a low-density, renter-heavy area.

3th pct
household income, US ZIPs
26th pct
home value, US ZIPs
1,265
people per sq mi
38%
owner-occupied homes

Source: U.S. Census Bureau ACS 5-Year Estimates (2019–2023). Percentiles rank ZIP 38107 against every reporting US ZIP.

ZIP code 38107 is a mid-sized community (a standard USPS delivery area) in Memphis, Shelby County, Tennessee, home to 17,698 residents across 14.0 square miles, a density of 1,265 people per square mile, in the Chicago time zone.

ZIP 38107 sits on the lower end of the income spectrum: median household income is $35,265 (47% below the Tennessee average), while per-capita income is $28,065. Local economic indicators show a 30.6% poverty rate alongside 11.9% unemployment. Median home value sits at $152,000 (39% below the state average), median rent at $1,073 a month, and owner-occupancy at 37.9%.

Educational attainment sits below the national norm: 24.4% of adults hold a bachelor's degree or higher, the median age is 38, and the average commute is 22 minutes. Beyond these figures, 10 nearby ZIP codes within about 10 miles are surfaced below, along with 6 more sharing Shelby County, letting you compare 38107 to its immediate surroundings rather than a national baseline alone.

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 38107

Top 5 sectors by establishment count in Memphis, TN

Which industries have the most business establishments in ZIP 38107.

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 38107, 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

17,698

Population

14.0

Area (sq mi)

1,265

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 38107?

38.0

Median Age

46.8%

Male

53.2%

Female

1.0%

Foreign-Born

White 19.1%
African American 74.9%
Asian 0.4%
American Indian or Alaska Native 0.1%
Native Hawaiian or Pacific Islander 0.0%
Two or More Ethnicities 3.6%
Hispanic or Latino 3.3%

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?

$35,265

Median Household Income

-47% vs state

$28,065

Per Capita Income

30.6%

Poverty Rate

11.9%

Unemployment Rate

22.4 min

Mean Commute Time

How ZIP 38107 ranks nationally

Memphis, TN household income vs. every US ZIP code

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

$35,265 3rd percentile higher than 3% of 30,318 US ZIPs

$0–$20,000: 118 US ZIPs (0%). Below this entry. $20,000–$40,000: 1,573 US ZIPs (5%). This entry sits in this band. $40,000–$60,000: 7,092 US ZIPs (23%). Above this entry. $60,000–$80,000: 9,980 US ZIPs (33%). Above this entry. $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 51.1%
Bachelor's Degree or Higher 24.4%

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

What does housing look like?

8,332

Total Housing Units

6,925

Occupied Units

1,407

Vacant Units

1.97

Avg Household Size

Occupancy Type

Owner 37.9%
Renter 62.1%

$152,000

Median Home Value

-39% vs state

$1,073

Median Rent

1954

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

-8.3%

YoY Change (2024)

236

HPI Index (2000 = 100)

+136%

Total Change Since 2000

Home values in ZIP 38107 have decreased 8.3% over the past year (2024). Since 2000, this ZIP has seen +136% cumulative appreciation.

Year Annual Change HPI Index
2020 +13.2% 196
2021 +13.7% 223
2022 +11.6% 249
2023 +3.3% 257
2024 -8.3% 236

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 138 business establishments in ZIP 38107, employing approximately 1,953 people with a combined annual payroll of $115,176,000.

138

Businesses

1,953

Employees

$115.2M

Annual Payroll

13

Industry Sectors

Industry Establishments % of Total
Retail trade 30 21.7%
Other services (except public administration) 24 17.4%
Health care and social assistance 14 10.1%
Manufacturing 10 7.3%
Accommodation and food services 9 6.5%
Real estate and rental and leasing 8 5.8%
Wholesale trade 7 5.1%
Transportation and warehousing 7 5.1%
Administrative and support and waste management and remediation services 7 5.1%
Educational services 6 4.3%
Construction 5 3.6%
Professional, scientific, and technical services 5 3.6%
Arts, entertainment, and recreation 3 2.2%

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 38107 vs 38105 →

ZIP 38107 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 38107 ranks #6 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 38107 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 38107 ranks #7 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
38105 Memphis, TN 6,184 1.5 mi
38103 Memphis, TN 12,180 2.1 mi
38104 Memphis, TN 23,409 2.8 mi
38108 Memphis, TN 18,729 3.1 mi
38126 Memphis, TN 7,334 3.2 mi
38112 Memphis, TN 17,472 3.1 mi
38127 Memphis, TN 45,248 4.7 mi
38114 Memphis, TN 26,905 5.5 mi
38122 Memphis, TN 25,270 5.8 mi
38132 Memphis, TN 7 6.9 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
38016 standard
Cordova, TN
Pop: 43,079
38134 standard
Memphis, TN
Pop: 41,948

Related Areas

Shelby County Memphis, TN Tennessee

Frequently Asked Questions

What county is ZIP code 38107 in? ▼
ZIP code 38107 (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 38107? ▼
ZIP code 38107 in Memphis, TN has a population of 17,698 according to the Census Bureau ACS 2023 estimates.
What is the median household income in ZIP 38107? ▼
The median household income in ZIP 38107 is $35,265, which is 54% below the national average of $76,288.
What is the average home value in ZIP 38107? ▼
The median home value in ZIP 38107 is $152,000, which is 45% below the national average of $278,155.
What is the demographic makeup of ZIP 38107? ▼
The largest racial group in ZIP 38107 is African American at 74.9%. Hispanic or Latino residents make up 3.3% of the population.
How many businesses are in ZIP code 38107? ▼
ZIP code 38107 has 138 business establishments employing approximately 1,953 people, according to Census Bureau ZIP Code Business Patterns (ZBP) 2023 data.
What are the main industries in ZIP code 38107? ▼
The top industries by establishment count in ZIP 38107 are: Retail trade (30), Other services (except public administration) (24), Health care and social assistance (14). There are 13 industry sectors represented in total.
How have home values changed in ZIP code 38107? ▼
According to the FHFA House Price Index, home values in ZIP 38107 decreased by 8.3% in 2024. Since 2000, home values in this ZIP have appreciated by approximately 136%. 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 38107? ▼
In ZIP code 38107, 51.1% of residents aged 25+ have a high school diploma or higher, and 24.4% 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 38107? ▼
The mean commute time for workers in ZIP code 38107 is 22.4 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 38107? ▼
In ZIP code 38107, approximately 37.9% of occupied housing units are owner-occupied and 62.1% are renter-occupied, based on Census ACS 2023 data.
What is the poverty rate in ZIP code 38107? ▼
The poverty rate in ZIP code 38107 is 30.6% 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.