PlainZIP

Memphis, TN · standard

ZIP Code 38111

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

41,742
1,628/sq mi
$52,589
Median income
$190,100
Median home value
39.1%
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, mixed-tenure area.

18th pct
household income, US ZIPs
41th pct
home value, US ZIPs
1,628
people per sq mi
44%
owner-occupied homes

Source: U.S. Census Bureau ACS 5-Year Estimates (2019–2023). Percentiles rank ZIP 38111 against every reporting US ZIP.

ZIP code 38111 is a densely settled ZIP (a standard USPS delivery area) in Memphis, Shelby County, Tennessee, with 41,742 residents across 25.6 square miles, a density of 1,628 people per square mile, in the Chicago time zone.

ZIP 38111 reports a modest median household income of $52,589 (21% below the Tennessee average), while per-capita income is $38,740. The poverty rate stands at 26.1% and the unemployment rate at 8.3%. The typical home here is valued at $190,100 (23% below the state average); renters pay a median of $1,155 monthly, and 44.2% of units are owner-occupied.

A solid share of residents have a four-year degree: 39.1% of adults hold a bachelor's degree or higher, the median age is 32.2, and the average commute is 18 minutes. We also surface 10 nearby ZIP codes within roughly 10 miles and 6 additional ZIPs sharing Shelby County, so you can benchmark 38111 against its immediate geography rather than a national average 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 38111

Top 5 sectors by establishment count in Memphis, TN

Which industries have the most business establishments in ZIP 38111.

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 38111, 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

41,742

Population

25.6

Area (sq mi)

1,628

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 38111?

32.2

Median Age

45.2%

Male

54.8%

Female

9.3%

Foreign-Born

White 34.3%
African American 48.8%
Asian 3.5%
American Indian or Alaska Native 3.3%
Native Hawaiian or Pacific Islander 0.0%
Two or More Ethnicities 5.8%
Hispanic or Latino 13.3%

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?

$52,589

Median Household Income

-21% vs state

$38,740

Per Capita Income

26.1%

Poverty Rate

8.3%

Unemployment Rate

18.1 min

Mean Commute Time

How ZIP 38111 ranks nationally

Memphis, TN household income vs. every US ZIP code

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

$52,589 18th percentile higher than 18% of 30,318 US ZIPs

$0–$20,000: 118 US ZIPs (0%). Below this entry. $20,000–$40,000: 1,573 US ZIPs (5%). Below this entry. $40,000–$60,000: 7,092 US ZIPs (23%). This entry sits in this band. $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 65.1%
Bachelor's Degree or Higher 39.1%

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

What does housing look like?

19,695

Total Housing Units

17,486

Occupied Units

2,209

Vacant Units

2.33

Avg Household Size

Occupancy Type

Owner 44.2%
Renter 55.8%

$190,100

Median Home Value

-23% vs state

$1,155

Median Rent

1956

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

-3.9%

YoY Change (2024)

204

HPI Index (2000 = 100)

+104%

Total Change Since 2000

Home values in ZIP 38111 have decreased 3.9% over the past year (2024). Since 2000, this ZIP has seen +104% cumulative appreciation.

Year Annual Change HPI Index
2020 +5.7% 167
2021 +10.9% 185
2022 +14.5% 212
2023 +0.3% 213
2024 -3.9% 204

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 527 business establishments in ZIP 38111, employing approximately 7,260 people with a combined annual payroll of $292,800,000.

527

Businesses

7,260

Employees

$292.8M

Annual Payroll

15

Industry Sectors

Industry Establishments % of Total
Retail trade 117 22.2%
Accommodation and food services 68 12.9%
Other services (except public administration) 63 11.9%
Health care and social assistance 54 10.3%
Professional, scientific, and technical services 45 8.5%
Real estate and rental and leasing 30 5.7%
Finance and insurance 29 5.5%
Administrative and support and waste management and remediation services 26 4.9%
Construction 25 4.7%
Wholesale trade 16 3.0%
Transportation and warehousing 14 2.7%
Information 14 2.7%
Educational services 11 2.1%
Arts, entertainment, and recreation 8 1.5%
Manufacturing 6 1.1%

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 38111 vs 38152 →

ZIP 38111 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 38111 ranks the most populous - useful context the national average alone can't give.

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

ZIP 38111 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 38111 ranks #4 of 8 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
38152 Memphis, TN 834 1.0 mi
38117 Memphis, TN 26,125 2.2 mi
38114 Memphis, TN 26,905 2.5 mi
38112 Memphis, TN 17,472 3.2 mi
38122 Memphis, TN 25,270 3.6 mi
38104 Memphis, TN 23,409 3.7 mi
38118 Memphis, TN 41,465 5.2 mi
38108 Memphis, TN 18,729 4.8 mi
38131 Memphis, TN 0 4.1 mi
38132 Memphis, TN 7 4.2 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 38111 in? ▼
ZIP code 38111 (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 38111? ▼
ZIP code 38111 in Memphis, TN has a population of 41,742 according to the Census Bureau ACS 2023 estimates.
What is the median household income in ZIP 38111? ▼
The median household income in ZIP 38111 is $52,589, which is 31% below the national average of $76,288.
What is the average home value in ZIP 38111? ▼
The median home value in ZIP 38111 is $190,100, which is 32% below the national average of $278,155.
What is the demographic makeup of ZIP 38111? ▼
The largest racial group in ZIP 38111 is African American at 48.8%. Hispanic or Latino residents make up 13.3% of the population.
How many businesses are in ZIP code 38111? ▼
ZIP code 38111 has 527 business establishments employing approximately 7,260 people, according to Census Bureau ZIP Code Business Patterns (ZBP) 2023 data.
What are the main industries in ZIP code 38111? ▼
The top industries by establishment count in ZIP 38111 are: Retail trade (117), Accommodation and food services (68), Other services (except public administration) (63). There are 15 industry sectors represented in total.
How have home values changed in ZIP code 38111? ▼
According to the FHFA House Price Index, home values in ZIP 38111 decreased by 3.9% in 2024. Since 2000, home values in this ZIP have appreciated by approximately 104%. 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 38111? ▼
In ZIP code 38111, 65.1% of residents aged 25+ have a high school diploma or higher, and 39.1% 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 38111? ▼
The mean commute time for workers in ZIP code 38111 is 18.1 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 38111? ▼
In ZIP code 38111, approximately 44.2% of occupied housing units are owner-occupied and 55.8% are renter-occupied, based on Census ACS 2023 data.
What is the poverty rate in ZIP code 38111? ▼
The poverty rate in ZIP code 38111 is 26.1% 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.