ZIP Code 38135
standardSource:
Memphis · Shelby County · Tennessee
- Population
- 30,657
- Median income
- $97,282
- Median home value
- $287,000
- Bachelor's or higher
- 35.0%
- Land area
- 33.1 sq mi
926/sq mi
▲ 28% vs US
higher than 79% of US ZIPs
▲ 3% vs US
higher than 65% of US ZIPs
Median age 40.8
Chicago
ZIP code 38135 in Memphis, Tennessee has a population of 30,657. The median household income is $97,282, which is 28% above the national average. Median home value is $287,000, 3% above the US average. 35.0% of residents hold a bachelor's degree or higher.
ZIP code 38135 is classified by USPS as a standard delivery area and covers roughly 33.1 square miles in Memphis, Shelby County, Tennessee. The area is home to 30,657 residents, producing a population density of 926 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 38135 against Tennessee and the nation.
On the economic side, the median household income for ZIP 38135 sits at $97,282 (46% above the Tennessee average), while per-capita income is $41,183. The poverty rate stands at 7.7% and the unemployment rate at 3.9%. On housing, the median home value is $287,000 (16% above the state average) with median rent at $1,702 per month, and 81.4% of occupied units are owner-occupied, a direct signal of whether 38135 behaves more like a homeowner neighborhood or a renter-heavy ZIP.
Education and household profile round out the picture: 35.0% of adults hold a bachelor's degree or higher, the median age is 40.8, and the average commute is 25 minutes. We also surface 10 nearby ZIP codes within roughly 10 miles and 6 additional ZIPs sharing Shelby County, so you can benchmark 38135 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 38135
Top 5 sectors by establishment count
Which industries have the most business establishments in ZIP 38135.
- Administrative and support and waste management and remediation services
Administrative and support and waste management and remediation services
20 establishments
- Construction
Construction
19 establishments
- Other services (except public administration)
Other services (except public administration)
17 establishments
- Retail trade
Retail trade
16 establishments
- Health care and social assistance
Health care and social assistance
15 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, 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 38135, 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
30,657
Population
33.1
Area (sq mi)
926
People / sq mi
Chicago
Time Zone
standard
ZIP Type
Who lives in ZIP 38135?
40.8
Median Age
48.5%
Male
51.5%
Female
5.8%
Foreign-Born
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?
$97,282
Median Household Income
+46% vs state
$41,183
Per Capita Income
7.7%
Poverty Rate
3.9%
Unemployment Rate
25.2 min
Mean Commute Time
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
What is the education profile here?
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
What does housing look like?
11,068
Total Housing Units
10,850
Occupied Units
218
Vacant Units
2.78
Avg Household Size
Occupancy Type
$287,000
Median Home Value
+16% vs state
$1,702
Median Rent
1993
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
+3.5%
YoY Change (2024)
201
HPI Index (2000 = 100)
+101%
Total Change Since 2000
Home values in ZIP 38135 have increased 3.5% over the past year (2024). Since 2000, this ZIP has seen +101% cumulative appreciation.
| Year | Annual Change | HPI Index |
|---|---|---|
| 2020 | +5.0% | 138 |
| 2021 | +14.8% | 158 |
| 2022 | +19.1% | 188 |
| 2023 | +3.4% | 195 |
| 2024 | +3.5% | 201 |
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 134 business establishments in ZIP 38135, employing approximately 1,918 people with a combined annual payroll of $84,516,000.
134
Businesses
1,918
Employees
$84.5M
Annual Payroll
10
Industry Sectors
| Industry | Establishments | % of Total |
|---|---|---|
| Administrative and support and waste management and remediation services | 20 | 14.9% |
| Construction | 19 | 14.2% |
| Other services (except public administration) | 17 | 12.7% |
| Retail trade | 16 | 11.9% |
| Health care and social assistance | 15 | 11.2% |
| Professional, scientific, and technical services | 11 | 8.2% |
| Accommodation and food services | 10 | 7.5% |
| Transportation and warehousing | 9 | 6.7% |
| Real estate and rental and leasing | 5 | 3.7% |
| Arts, entertainment, and recreation | 3 | 2.2% |
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 38135 vs 38029 →
| ZIP Code | City | Population | Distance |
|---|---|---|---|
| 38029 | Ellendale, TN | 80 | 1.6 mi |
| 38134 | Memphis, TN | 41,948 | 4.3 mi |
| 38133 | Memphis, TN | 20,787 | 3.6 mi |
| 38128 | Memphis, TN | 44,863 | 4.4 mi |
| 38120 | Memphis, TN | 14,237 | 7.9 mi |
| 38054 | Millington, TN | 284 | 6.9 mi |
| 38016 | Cordova, TN | 43,079 | 6.5 mi |
| 38122 | Memphis, TN | 25,270 | 6.8 mi |
| 38117 | Memphis, TN | 26,125 | 9.1 mi |
| 38108 | Memphis, TN | 18,729 | 8.0 mi |
More ZIP Codes in Shelby County
Related Areas
Frequently Asked Questions
What county is ZIP code 38135 in? ▼
What is the population of ZIP code 38135? ▼
What is the median household income in ZIP 38135? ▼
What is the average home value in ZIP 38135? ▼
What is the demographic makeup of ZIP 38135? ▼
How many businesses are in ZIP code 38135? ▼
What are the main industries in ZIP code 38135? ▼
How have home values changed in ZIP code 38135? ▼
What is the education level in ZIP code 38135? ▼
What is the average commute time in ZIP 38135? ▼
What percentage of residents own vs. rent in ZIP 38135? ▼
What is the poverty rate in ZIP code 38135? ▼
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.
Read our methodology , how this data is sourced, computed, and verified.