Memphis, TN · standard

ZIP Code 38119

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

22,330
976/sq mi High-density area
$89,289
Median income Above-median income area
$296,700
Median home value Above-median home value
51.5%
Bachelor's or higher Above-average bachelor's attainment

National ZIP placement

Memphis pairs an above-median household income with above-median home values, in a low-density, homeowner-dominated area.

Top 27%
household income, US ZIPs
Top 34%
home value, US ZIPs
976
people per sq mi
60%
owner-occupied homes

Source: U.S. Census Bureau ACS 5-Year Estimates (2019–2023). Percentiles rank ZIP 38119 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 38119 (Memphis, TN) rose +1.7% from 2023 to 2024. The all-transactions index moved from 187.2 in 2023 to 190.4 in 2024 (2000 = 100).

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 38119 is a densely settled ZIP (a standard USPS delivery area) in Memphis, Shelby County, Tennessee, with 22,330 residents across 22.9 square miles, a density of 976 people per square mile, in the Chicago time zone.

ZIP 38119 lands in the middle-income range, with a median household income of $89,289 (34% above the average Tennessee ZIP), while per-capita income is $53,019. The poverty rate is 8.3%, with unemployment at 5.5%; those measures add context to the income figure. Housing is both higher-cost and owner-heavy: median home value is $296,700 (20% above the average Tennessee ZIP), while 60.1% of occupied homes are owner-occupied and median rent is $1,401.

This is a highly-educated ZIP: 51.5% of adults hold a bachelor's degree or higher, the median age is 41.9, and the average commute is 20 minutes. The page also surfaces 10 ZIP codes within roughly 10 miles and 6 more in Shelby County, so 38119 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 38119

Top 5 sectors by establishment count in Memphis, TN

Which industries have the most business establishments in ZIP 38119.

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 38119, 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

22,330

Population

22.9

Area (sq mi)

976

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 38119?

41.9

Median Age

47.8%

Male

52.2%

Female

7.6%

Foreign-Born

White 48.1%
African American 39.9%
Asian 3.3%
American Indian or Alaska Native 0.3%
Native Hawaiian or Pacific Islander 0.0%
Two or More Ethnicities 4.6%
Hispanic or Latino 5.6%

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?

$89,289

Median Household Income

+34% vs state ZIP avg

$53,019

Per Capita Income

8.3%

Poverty Rate

5.5%

Unemployment Rate

20.1 min

Mean Commute Time

How ZIP 38119 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)

$89,289 Top 13% higher than 87% 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 66.8%
Bachelor's Degree or Higher 51.5%

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

What does housing look like?

10,747

Total Housing Units

10,138

Occupied Units

609

Vacant Units

2.27

Avg Household Size

Occupancy Type

Owner 60.1%
Renter 39.9%

$296,700

Median Home Value

+20% vs state ZIP avg

$1,401

Median Rent

1979

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

+1.7%

YoY Change (2024)

190

HPI Index (2000 = 100)

+90%

Total Change Since 2000

Home values in ZIP 38119 have increased 1.7% over the past year (2024). Since 2000, this ZIP has seen +90% cumulative appreciation.

Year Annual Change HPI Index
2020 +5.4% 138
2021 +14.1% 157
2022 +16.1% 182
2023 +2.7% 187
2024 +1.7% 190

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 980 business establishments in ZIP 38119, employing approximately 20,433 people with a combined annual payroll of $1,407,266,000.

980

Businesses

20,433

Employees

$1.4B

Annual Payroll

16

Industry Sectors

Industry Establishments % of Total
Health care and social assistance 202 20.6%
Finance and insurance 160 16.3%
Professional, scientific, and technical services 115 11.7%
Accommodation and food services 94 9.6%
Retail trade 83 8.5%
Real estate and rental and leasing 69 7.0%
Other services (except public administration) 65 6.6%
Administrative and support and waste management and remediation services 62 6.3%
Construction 23 2.4%
Wholesale trade 21 2.1%
Information 19 1.9%
Transportation and warehousing 16 1.6%
Management of companies and enterprises 14 1.4%
Educational services 13 1.3%
Arts, entertainment, and recreation 13 1.3%
Manufacturing 9 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 38119 vs 38115 →

ZIP 38119 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 38119 ranks #9 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 38119 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 38119 ranks #4 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
38115 Memphis, TN 39,129 2.0 mi
38120 Memphis, TN 14,237 3.0 mi
38138 Germantown, TN 24,045 2.7 mi
38141 Memphis, TN 22,462 4.4 mi
38117 Memphis, TN 26,125 4.2 mi
38139 Germantown, TN 16,086 5.1 mi
38125 Memphis, TN 36,150 4.9 mi
38134 Memphis, TN 41,948 6.8 mi
38111 Memphis, TN 41,742 5.9 mi
38118 Memphis, TN 41,465 5.7 mi

Nationwide ZIPs with similar ACS profiles

Two Census-derived peer sets for ZIP 38119, 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 (22,330 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 38119 in?

ZIP code 38119 (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 38119?

ZIP code 38119 in Memphis, TN has a population of 22,330 according to the Census Bureau ACS 2023 estimates.

What is the median household income in ZIP 38119?

The median household income in ZIP 38119 is $89,289, which is 17% above the national average of $76,288.

What is the average home value in ZIP 38119?

The median home value in ZIP 38119 is $296,700, which is 7% above the national average of $278,155.

What is the demographic makeup of ZIP 38119?

The largest racial group in ZIP 38119 is White at 48.1%. Hispanic or Latino residents make up 5.6% of the population.

How many businesses are in ZIP code 38119?

ZIP code 38119 has 980 business establishments employing approximately 20,433 people, according to Census Bureau ZIP Code Business Patterns (ZBP) 2023 data.

What are the main industries in ZIP code 38119?

The top industries by establishment count in ZIP 38119 are: Health care and social assistance (202), Finance and insurance (160), Professional, scientific, and technical services (115). There are 16 industry sectors represented in total.

How have home values changed in ZIP code 38119?

According to the FHFA House Price Index, home values in ZIP 38119 increased by 1.7% in 2024. Since 2000, home values in this ZIP have appreciated by approximately 90%. 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 38119?

In ZIP code 38119, 66.8% of residents aged 25+ have a high school diploma or higher, and 51.5% 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 38119?

The mean commute time for workers in ZIP code 38119 is 20.1 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 38119?

In ZIP code 38119, approximately 60.1% of occupied housing units are owner-occupied and 39.9% are renter-occupied, based on Census ACS 2023 data.

What is the poverty rate in ZIP code 38119?

The poverty rate in ZIP code 38119 is 8.3% according to Census Bureau ACS 2023 estimates. This measures the percentage of the population living below the federal poverty threshold.

ZIP 38119'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 38119'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.