ZIP Code 38112

standard

Source:

Memphis · Shelby County · Tennessee

Population
17,472

1,500/sq mi

Median income
$55,207

▼ 28% vs US

higher than 21% of US ZIPs

Median home value
$252,100

▼ 9% vs US

higher than 58% of US ZIPs

Bachelor's or higher
39.2%

Median age 32.4

Land area
11.6 sq mi

Chicago

ZIP code 38112 in Memphis, Tennessee has a population of 17,472. The median household income is $55,207, which is 28% below the national average. Median home value is $252,100, 9% below the US average. 39.2% of residents hold a bachelor's degree or higher.

ZIP code 38112 is classified by USPS as a standard delivery area and covers roughly 11.6 square miles in Memphis, Shelby County, Tennessee. The area is home to 17,472 residents, producing a population density of 1,500 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 38112 against Tennessee and the nation.

On the economic side, the median household income for ZIP 38112 sits at $55,207 (17% below the Tennessee average), while per-capita income is $32,543. The poverty rate stands at 31.3% and the unemployment rate at 9.6%. On housing, the median home value is $252,100 (2% above the state average) with median rent at $985 per month, and 51.8% of occupied units are owner-occupied, a direct signal of whether 38112 behaves more like a homeowner neighborhood or a renter-heavy ZIP.

Education and household profile round out the picture: 39.2% of adults hold a bachelor's degree or higher, the median age is 32.4, and the average commute is 20 minutes. We also surface 10 nearby ZIP codes within roughly 10 miles and 6 additional ZIPs sharing Shelby County, so you can benchmark 38112 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 38112

Top 5 sectors by establishment count

Which industries have the most business establishments in ZIP 38112.

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 38112, Memphis, 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

17,472

Population

11.6

Area (sq mi)

1,500

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 38112?

32.4

Median Age

51.9%

Male

48.1%

Female

12.5%

Foreign-Born

White 35.5%
African American 44.4%
Asian 1.2%
American Indian or Alaska Native 1.1%
Native Hawaiian or Pacific Islander 0.0%
Two or More Ethnicities 9.6%
Hispanic or Latino 14.9%

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?

$55,207

Median Household Income

-17% vs state

$32,543

Per Capita Income

31.3%

Poverty Rate

9.6%

Unemployment Rate

19.5 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 62.0%
Bachelor's Degree or Higher 39.2%

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

What does housing look like?

7,469

Total Housing Units

6,494

Occupied Units

975

Vacant Units

2.33

Avg Household Size

Occupancy Type

Owner 51.8%
Renter 48.2%

$252,100

Median Home Value

+2% vs state

$985

Median Rent

1950

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

-0.0%

YoY Change (2024)

228

HPI Index (2000 = 100)

+128%

Total Change Since 2000

Home values in ZIP 38112 have decreased 0.0% over the past year (2024). Since 2000, this ZIP has seen +128% cumulative appreciation.

Year Annual Change HPI Index
2020 +5.5% 183
2021 +10.8% 203
2022 +13.6% 230
2023 -1.0% 228
2024 -0.0% 228

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 338 business establishments in ZIP 38112, employing approximately 7,128 people with a combined annual payroll of $318,786,000.

338

Businesses

7,128

Employees

$318.8M

Annual Payroll

16

Industry Sectors

Industry Establishments % of Total
Retail trade 53 15.7%
Other services (except public administration) 41 12.1%
Wholesale trade 33 9.8%
Accommodation and food services 33 9.8%
Health care and social assistance 32 9.5%
Professional, scientific, and technical services 26 7.7%
Construction 23 6.8%
Administrative and support and waste management and remediation services 23 6.8%
Real estate and rental and leasing 17 5.0%
Finance and insurance 13 3.9%
Educational services 12 3.5%
Manufacturing 11 3.3%
Transportation and warehousing 8 2.4%
Arts, entertainment, and recreation 6 1.8%
Information 4 1.2%
Management of companies and enterprises 3 0.9%

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 38112 vs 38108 →

ZIP Code City Population Distance
38108 Memphis, TN 18,729 2.0 mi
38104 Memphis, TN 23,409 1.9 mi
38114 Memphis, TN 26,905 3.6 mi
38105 Memphis, TN 6,184 3.3 mi
38122 Memphis, TN 25,270 3.2 mi
38152 Memphis, TN 834 3.0 mi
38107 Memphis, TN 17,698 3.1 mi
38111 Memphis, TN 41,742 3.2 mi
38103 Memphis, TN 12,180 4.5 mi
38126 Memphis, TN 7,334 4.0 mi

More ZIP Codes in Shelby County

Frequently Asked Questions

What county is ZIP code 38112 in?
ZIP code 38112 (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 38112?
ZIP code 38112 in Memphis, TN has a population of 17,472 according to the Census Bureau ACS 2023 estimates.
What is the median household income in ZIP 38112?
The median household income in ZIP 38112 is $55,207, which is 28% below the national average of $76,288.
What is the average home value in ZIP 38112?
The median home value in ZIP 38112 is $252,100, which is 9% below the national average of $278,155.
What is the demographic makeup of ZIP 38112?
The largest racial group in ZIP 38112 is African American at 44.4%. Hispanic or Latino residents make up 14.9% of the population.
How many businesses are in ZIP code 38112?
ZIP code 38112 has 338 business establishments employing approximately 7,128 people, according to Census Bureau ZIP Code Business Patterns (ZBP) 2023 data.
What are the main industries in ZIP code 38112?
The top industries by establishment count in ZIP 38112 are: Retail trade (53), Other services (except public administration) (41), Wholesale trade (33). There are 16 industry sectors represented in total.
How have home values changed in ZIP code 38112?
According to the FHFA House Price Index, home values in ZIP 38112 decreased by 0.0% in 2024. Since 2000, home values in this ZIP have appreciated by approximately 128%. 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 38112?
In ZIP code 38112, 62.0% of residents aged 25+ have a high school diploma or higher, and 39.2% 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 38112?
The mean commute time for workers in ZIP code 38112 is 19.5 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 38112?
In ZIP code 38112, approximately 51.8% of occupied housing units are owner-occupied and 48.2% are renter-occupied, based on Census ACS 2023 data.
What is the poverty rate in ZIP code 38112?
The poverty rate in ZIP code 38112 is 31.3% 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 Memphis, 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.