PlainZIP

Memphis, TN · standard

ZIP Code 38114

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

26,905
1,377/sq mi
$34,206
Median income
$82,000
Median home value
15.0%
Bachelor's or higher

The verdict

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

3th pct
household income, US ZIPs
5th pct
home value, US ZIPs
1,377
people per sq mi
46%
owner-occupied homes

Source: U.S. Census Bureau ACS 5-Year Estimates (2019–2023). Percentiles rank ZIP 38114 against every reporting US ZIP.

ZIP code 38114 is a densely settled ZIP (a standard USPS delivery area) in Memphis, Shelby County, Tennessee, with 26,905 residents across 19.5 square miles, a density of 1,377 people per square mile, in the Chicago time zone.

ZIP 38114 sits on the lower end of the income spectrum: median household income is $34,206 (49% below the Tennessee average), while per-capita income is $23,741. Poverty here runs at 33.0%, with unemployment measured at 14.6%. On housing, the median home value is $82,000 (67% below the state average) with median rent at $905 per month, and 46.0% of occupied units are owner-occupied.

Educational attainment sits below the national norm: 15.0% of adults hold a bachelor's degree or higher, the median age is 42.7, and the average commute is 20 minutes. A geography-based comparison follows: 10 ZIP codes within about 10 miles of 38114, plus 6 more within Shelby County, give a clearer read than the 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 38114

Top 5 sectors by establishment count in Memphis, TN

Which industries have the most business establishments in ZIP 38114.

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 38114, 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

26,905

Population

19.5

Area (sq mi)

1,377

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 38114?

42.7

Median Age

50.8%

Male

49.2%

Female

2.2%

Foreign-Born

White 5.5%
African American 89.1%
Asian 0.3%
American Indian or Alaska Native 0.2%
Native Hawaiian or Pacific Islander 0.2%
Two or More Ethnicities 2.1%
Hispanic or Latino 4.8%

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?

$34,206

Median Household Income

-49% vs state

$23,741

Per Capita Income

33.0%

Poverty Rate

14.6%

Unemployment Rate

20.4 min

Mean Commute Time

How ZIP 38114 ranks nationally

Memphis, TN household income vs. every US ZIP code

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

$34,206 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 53.8%
Bachelor's Degree or Higher 15.0%

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

What does housing look like?

12,226

Total Housing Units

9,438

Occupied Units

2,788

Vacant Units

2.14

Avg Household Size

Occupancy Type

Owner 46.0%
Renter 54.0%

$82,000

Median Home Value

-67% vs state

$905

Median Rent

1955

Median Year Built

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

What businesses operate in this ZIP?

Census Bureau data shows 279 business establishments in ZIP 38114, employing approximately 3,280 people with a combined annual payroll of $182,105,000.

279

Businesses

3,280

Employees

$182.1M

Annual Payroll

13

Industry Sectors

Industry Establishments % of Total
Retail trade 65 23.3%
Accommodation and food services 33 11.8%
Other services (except public administration) 33 11.8%
Transportation and warehousing 27 9.7%
Construction 24 8.6%
Health care and social assistance 23 8.2%
Wholesale trade 18 6.5%
Manufacturing 12 4.3%
Professional, scientific, and technical services 10 3.6%
Finance and insurance 9 3.2%
Real estate and rental and leasing 9 3.2%
Administrative and support and waste management and remediation services 8 2.9%
Information 3 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 38114 vs 38131 →

ZIP 38114 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 38114 ranks #3 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 38114 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 38114 ranks #7 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
38131 Memphis, TN 0 2.1 mi
38132 Memphis, TN 7 1.9 mi
38104 Memphis, TN 23,409 2.7 mi
38111 Memphis, TN 41,742 2.5 mi
38112 Memphis, TN 17,472 3.6 mi
38152 Memphis, TN 834 3.5 mi
38116 Memphis, TN 40,404 4.6 mi
38126 Memphis, TN 7,334 3.9 mi
38108 Memphis, TN 18,729 5.6 mi
38117 Memphis, TN 26,125 4.7 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 38114 in? ▼
ZIP code 38114 (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 38114? ▼
ZIP code 38114 in Memphis, TN has a population of 26,905 according to the Census Bureau ACS 2023 estimates.
What is the median household income in ZIP 38114? ▼
The median household income in ZIP 38114 is $34,206, which is 55% below the national average of $76,288.
What is the average home value in ZIP 38114? ▼
The median home value in ZIP 38114 is $82,000, which is 71% below the national average of $278,155.
What is the demographic makeup of ZIP 38114? ▼
The largest racial group in ZIP 38114 is African American at 89.1%. Hispanic or Latino residents make up 4.8% of the population.
How many businesses are in ZIP code 38114? ▼
ZIP code 38114 has 279 business establishments employing approximately 3,280 people, according to Census Bureau ZIP Code Business Patterns (ZBP) 2023 data.
What are the main industries in ZIP code 38114? ▼
The top industries by establishment count in ZIP 38114 are: Retail trade (65), Accommodation and food services (33), Other services (except public administration) (33). There are 13 industry sectors represented in total.
What is the education level in ZIP code 38114? ▼
In ZIP code 38114, 53.8% of residents aged 25+ have a high school diploma or higher, and 15.0% 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 38114? ▼
The mean commute time for workers in ZIP code 38114 is 20.4 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 38114? ▼
In ZIP code 38114, approximately 46.0% of occupied housing units are owner-occupied and 54.0% are renter-occupied, based on Census ACS 2023 data.
What is the poverty rate in ZIP code 38114? ▼
The poverty rate in ZIP code 38114 is 33.0% 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.