PlainZIP

Memphis, TN · standard

ZIP Code 38134

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

41,948
871/sq mi
$60,622
Median income
$207,000
Median home value
20.4%
Bachelor's or higher

The verdict

Memphis pairs a below-median household income with below-median home values, in a low-density, mixed-tenure area.

30th pct
household income, US ZIPs
45th pct
home value, US ZIPs
871
people per sq mi
47%
owner-occupied homes

Source: U.S. Census Bureau ACS 5-Year Estimates (2019–2023). Percentiles rank ZIP 38134 against every reporting US ZIP.

ZIP code 38134 is a densely settled ZIP (a standard USPS delivery area) in Memphis, Shelby County, Tennessee, with 41,948 residents across 48.2 square miles, a density of 871 people per square mile, in the Chicago time zone.

ZIP 38134 reports a modest median household income of $60,622 (9% below the Tennessee average), while per-capita income is $28,888. Local economic indicators show a 11.1% poverty rate alongside 4.8% unemployment. The typical home here is valued at $207,000 (16% below the state average); renters pay a median of $1,198 monthly, and 47.4% of units are owner-occupied.

Educational attainment sits below the national norm: 20.4% of adults hold a bachelor's degree or higher, the median age is 32.6, and the average commute is 21 minutes. To put 38134 in local context, 10 ZIP codes within roughly 10 miles appear further down this page alongside 6 additional ZIPs in Shelby County, for a geography-aware comparison.

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 38134

Top 5 sectors by establishment count in Memphis, TN

Which industries have the most business establishments in ZIP 38134.

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 38134, 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

41,948

Population

48.2

Area (sq mi)

871

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 38134?

32.6

Median Age

52.9%

Male

47.1%

Female

12.0%

Foreign-Born

White 41.3%
African American 39.5%
Asian 2.1%
American Indian or Alaska Native 0.3%
Native Hawaiian or Pacific Islander 0.5%
Two or More Ethnicities 8.8%
Hispanic or Latino 16.1%

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?

$60,622

Median Household Income

-9% vs state

$28,888

Per Capita Income

11.1%

Poverty Rate

4.8%

Unemployment Rate

21.3 min

Mean Commute Time

How ZIP 38134 ranks nationally

Memphis, TN household income vs. every US ZIP code

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

$60,622 30th percentile higher than 30% 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%). Below this entry. $60,000–$80,000: 9,980 US ZIPs (33%). This entry sits in this band. $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 54.0%
Bachelor's Degree or Higher 20.4%

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

What does housing look like?

15,781

Total Housing Units

15,062

Occupied Units

719

Vacant Units

2.68

Avg Household Size

Occupancy Type

Owner 47.4%
Renter 52.6%

$207,000

Median Home Value

-16% vs state

$1,198

Median Rent

1979

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

+2.1%

YoY Change (2024)

216

HPI Index (2000 = 100)

+116%

Total Change Since 2000

Home values in ZIP 38134 have increased 2.1% over the past year (2024). Since 2000, this ZIP has seen +116% cumulative appreciation.

Year Annual Change HPI Index
2020 +7.5% 146
2021 +15.1% 168
2022 +17.8% 198
2023 +6.9% 212
2024 +2.1% 216

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 1,265 business establishments in ZIP 38134, employing approximately 22,107 people with a combined annual payroll of $1,081,667,000.

1,265

Businesses

22,107

Employees

$1.1B

Annual Payroll

16

Industry Sectors

Industry Establishments % of Total
Retail trade 168 13.3%
Construction 144 11.4%
Health care and social assistance 142 11.2%
Other services (except public administration) 137 10.8%
Accommodation and food services 120 9.5%
Professional, scientific, and technical services 100 7.9%
Administrative and support and waste management and remediation services 91 7.2%
Wholesale trade 85 6.7%
Finance and insurance 77 6.1%
Real estate and rental and leasing 55 4.3%
Transportation and warehousing 36 2.9%
Manufacturing 31 2.5%
Information 28 2.2%
Educational services 22 1.7%
Arts, entertainment, and recreation 16 1.3%
Management of companies and enterprises 12 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 38134 vs 38120 →

ZIP 38134 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 38134 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 38134 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 38134 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
38120 Memphis, TN 14,237 3.7 mi
38135 Memphis, TN 30,657 4.3 mi
38122 Memphis, TN 25,270 3.7 mi
38029 Ellendale, TN 80 4.8 mi
38133 Memphis, TN 20,787 4.5 mi
38016 Cordova, TN 43,079 5.7 mi
38117 Memphis, TN 26,125 5.0 mi
38108 Memphis, TN 18,729 6.2 mi
38119 Memphis, TN 22,330 6.8 mi
38128 Memphis, TN 44,863 5.1 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
38111 standard
Memphis, TN
Pop: 41,742

Related Areas

Shelby County Memphis, TN Tennessee

Frequently Asked Questions

What county is ZIP code 38134 in? ▼
ZIP code 38134 (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 38134? ▼
ZIP code 38134 in Memphis, TN has a population of 41,948 according to the Census Bureau ACS 2023 estimates.
What is the median household income in ZIP 38134? ▼
The median household income in ZIP 38134 is $60,622, which is 21% below the national average of $76,288.
What is the average home value in ZIP 38134? ▼
The median home value in ZIP 38134 is $207,000, which is 26% below the national average of $278,155.
What is the demographic makeup of ZIP 38134? ▼
The largest racial group in ZIP 38134 is White at 41.3%. Hispanic or Latino residents make up 16.1% of the population.
How many businesses are in ZIP code 38134? ▼
ZIP code 38134 has 1,265 business establishments employing approximately 22,107 people, according to Census Bureau ZIP Code Business Patterns (ZBP) 2023 data.
What are the main industries in ZIP code 38134? ▼
The top industries by establishment count in ZIP 38134 are: Retail trade (168), Construction (144), Health care and social assistance (142). There are 16 industry sectors represented in total.
How have home values changed in ZIP code 38134? ▼
According to the FHFA House Price Index, home values in ZIP 38134 increased by 2.1% in 2024. Since 2000, home values in this ZIP have appreciated by approximately 116%. 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 38134? ▼
In ZIP code 38134, 54.0% of residents aged 25+ have a high school diploma or higher, and 20.4% 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 38134? ▼
The mean commute time for workers in ZIP code 38134 is 21.3 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 38134? ▼
In ZIP code 38134, approximately 47.4% of occupied housing units are owner-occupied and 52.6% are renter-occupied, based on Census ACS 2023 data.
What is the poverty rate in ZIP code 38134? ▼
The poverty rate in ZIP code 38134 is 11.1% 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.