Germantown, TN · standard
ZIP Code 38139
Shelby County, Tennessee - Census ACS demographics, housing tenure, and business patterns, benchmarked against every US ZIP.
- 16,086
- 700/sq mi High-density area
- $178,661
- Median income Above-median income area
- $575,500
- Median home value Above-median home value
- 75.1%
- Bachelor's or higher Above-average bachelor's attainment
National ZIP placement
Germantown pairs a top-decile household income with top-decile home values, in a low-density, homeowner-dominated area.
- Top 2%
- household income, US ZIPs
- Top 10%
- home value, US ZIPs
- 700
- people per sq mi
- 97%
- owner-occupied homes
Source: U.S. Census Bureau ACS 5-Year Estimates (2019–2023). Percentiles rank ZIP 38139 against every reporting US ZIP.
FHFA HPI release change
What changed in the latest House Price Index year
- FHFA House Price Index values in ZIP 38139 (Germantown, TN) fell -2.4% from 2023 to 2024. The all-transactions index moved from 202.0 in 2023 to 197.2 in 2024 (2000 = 100).
ZIP code 38139 is a mid-sized community (a standard USPS delivery area) in Germantown, Shelby County, Tennessee, home to 16,086 residents across 23.0 square miles, a density of 700 people per square mile, in the Chicago time zone.
ZIP 38139 skews affluent, with a median household income of $178,661 (169% above the average Tennessee ZIP), while per-capita income is $85,385. Both reported hardship measures are comparatively low in absolute terms: poverty is 1.5% and unemployment is 1.8%. Housing is both higher-cost and owner-heavy: median home value is $575,500 (133% above the average Tennessee ZIP), while 97.2% of occupied homes are owner-occupied and median rent is $2,697.
This is a highly-educated ZIP: 75.1% of adults hold a bachelor's degree or higher, the median age is 44.8, and the average commute is 24 minutes. The page also surfaces 10 ZIP codes within roughly 10 miles and 6 more in Shelby County, so 38139 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 →
Top industries in ZIP 38139
Top 5 sectors by establishment count in Germantown, TN
Which industries have the most business establishments in ZIP 38139.
- Professional, scientific, and technical services
Professional, scientific, and technical services
34 establishments
- Health care and social assistance
Health care and social assistance
32 establishments
- Other services (except public administration)
Other services (except public administration)
21 establishments
- Construction
Construction
15 establishments
- Administrative and support and waste management and remediation services
Administrative and support and waste management and remediation services
14 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 + FHFA HPI ACS demographics and median rent, ZBP business establishments, FHFA HPI for ZIP 38139, Germantown, 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
16,086
Population
23.0
Area (sq mi)
700
People / sq mi
Chicago
Time Zone
standard
ZIP Type
Who lives in ZIP 38139?
44.8
Median Age
50.1%
Male
49.9%
Female
10.9%
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?
$178,661
Median Household Income
+169% vs state ZIP avg
$85,385
Per Capita Income
1.5%
Poverty Rate
1.8%
Unemployment Rate
23.9 min
Mean Commute Time
How ZIP 38139 ranks among Tennessee ZIPs
Germantown, 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)
$178,661 Top 1% higher than 99% of 593 Tennessee ZIPs
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?
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
What does housing look like?
Housing stock: occupied vs vacant
6,053housing units
6,053
Total Housing Units
5,909
Occupied Units
144
Vacant Units
2.79
Avg Household Size
Occupancy Type
$575,500
Median Home Value
+133% vs state ZIP avg
$2,697
Median Rent
1989
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
-2.4%
YoY Change (2024)
197
HPI Index (2000 = 100)
+97%
Total Change Since 2000
Home values in ZIP 38139 have decreased 2.4% over the past year (2024). Since 2000, this ZIP has seen +97% cumulative appreciation.
| Year | Annual Change | HPI Index |
|---|---|---|
| 2020 | +4.7% | 151 |
| 2021 | +9.1% | 165 |
| 2022 | +14.6% | 189 |
| 2023 | +7.1% | 202 |
| 2024 | -2.4% | 197 |
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 185 business establishments in ZIP 38139, employing approximately 1,799 people with a combined annual payroll of $85,651,000.
185
Businesses
1,799
Employees
$85.7M
Annual Payroll
13
Industry Sectors
| Industry | Establishments | % of Total |
|---|---|---|
| Professional, scientific, and technical services | 34 | 18.4% |
| Health care and social assistance | 32 | 17.3% |
| Other services (except public administration) | 21 | 11.3% |
| Construction | 15 | 8.1% |
| Administrative and support and waste management and remediation services | 14 | 7.6% |
| Wholesale trade | 12 | 6.5% |
| Real estate and rental and leasing | 12 | 6.5% |
| Accommodation and food services | 11 | 6.0% |
| Retail trade | 8 | 4.3% |
| Finance and insurance | 8 | 4.3% |
| Arts, entertainment, and recreation | 6 | 3.2% |
| Transportation and warehousing | 4 | 2.2% |
| Information | 3 | 1.6% |
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 38139 vs 38138 →
ZIP 38139 vs its nearest neighbors, by population
Resident population of this ZIP and the closest reporting ZIP codes within ~10 miles.
- 38017
Collierville (38017)
48,642 residents
- 38016
Cordova (38016)
43,079 residents
- 38115
Memphis (38115)
39,129 residents
- 38125
Memphis (38125)
36,150 residents
- 38018
Cordova (38018)
35,059 residents
- 38138
Germantown (38138)
24,045 residents
- 38141
Memphis (38141)
22,462 residents
- 38119
Memphis (38119)
22,330 residents
- 38133
Memphis (38133)
20,787 residents
What this shows Among its immediate neighbors, ZIP 38139 ranks #0 by population - useful context the national average alone can't give.
ZIP 38139 vs its nearest neighbors, by median income
Median household income of this ZIP and the closest reporting ZIP codes within ~10 miles.
- 38139
Germantown (38139)
$178,661 median income
- 38017
Collierville (38017)
$138,677 median income
- 38138
Germantown (38138)
$136,297 median income
- 38120
Memphis (38120)
$123,538 median income
- 38018
Cordova (38018)
$90,004 median income
- 38119
Memphis (38119)
$89,289 median income
- 38125
Memphis (38125)
$86,162 median income
- 38133
Memphis (38133)
$81,659 median income
- 38016
Cordova (38016)
$76,569 median income
What this shows By household income, ZIP 38139 ranks the highest of 9 neighboring ZIPs, local affluence varies block to block, not just metro to metro.
| ZIP Code | City | Population | Distance |
|---|---|---|---|
| 38138 | Germantown, TN | 24,045 | 2.5 mi |
| 38018 | Cordova, TN | 35,059 | 3.7 mi |
| 38125 | Memphis, TN | 36,150 | 4.5 mi |
| 38119 | Memphis, TN | 22,330 | 5.1 mi |
| 38016 | Cordova, TN | 43,079 | 6.5 mi |
| 38017 | Collierville, TN | 48,642 | 6.1 mi |
| 38120 | Memphis, TN | 14,237 | 6.1 mi |
| 38115 | Memphis, TN | 39,129 | 6.5 mi |
| 38133 | Memphis, TN | 20,787 | 9.1 mi |
| 38141 | Memphis, TN | 22,462 | 7.4 mi |
Nationwide ZIPs with similar ACS profiles
Two Census-derived peer sets for ZIP 38139, 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 (16,086 here; floor ≥1,000).
Similar median household income
Nearest cross-state ZIPs by ACS median household income.
More ZIP Codes in Shelby County
Related Areas
Frequently Asked Questions
What county is ZIP code 38139 in?
ZIP code 38139 (Germantown) 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 38139?
ZIP code 38139 in Germantown, TN has a population of 16,086 according to the Census Bureau ACS 2023 estimates.
What is the median household income in ZIP 38139?
The median household income in ZIP 38139 is $178,661, which is 134% above the national average of $76,288.
What is the average home value in ZIP 38139?
The median home value in ZIP 38139 is $575,500, which is 107% above the national average of $278,155.
What is the demographic makeup of ZIP 38139?
The largest racial group in ZIP 38139 is White at 84.0%. Hispanic or Latino residents make up 3.8% of the population.
How many businesses are in ZIP code 38139?
ZIP code 38139 has 185 business establishments employing approximately 1,799 people, according to Census Bureau ZIP Code Business Patterns (ZBP) 2023 data.
What are the main industries in ZIP code 38139?
The top industries by establishment count in ZIP 38139 are: Professional, scientific, and technical services (34), Health care and social assistance (32), Other services (except public administration) (21). There are 13 industry sectors represented in total.
How have home values changed in ZIP code 38139?
According to the FHFA House Price Index, home values in ZIP 38139 decreased by 2.4% in 2024. Since 2000, home values in this ZIP have appreciated by approximately 97%. 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 38139?
In ZIP code 38139, 81.5% of residents aged 25+ have a high school diploma or higher, and 75.1% 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 38139?
The mean commute time for workers in ZIP code 38139 is 23.9 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 38139?
In ZIP code 38139, approximately 97.2% of occupied housing units are owner-occupied and 2.8% are renter-occupied, based on Census ACS 2023 data.
What is the poverty rate in ZIP code 38139?
The poverty rate in ZIP code 38139 is 1.5% according to Census Bureau ACS 2023 estimates. This measures the percentage of the population living below the federal poverty threshold.
Related
Take this with you
What to do with ZIP 38139's numbers, next.
- See how ZIP 38139 compares to a neighboring ZIP code on the same Census fields Compare this ZIP
- Check where Germantown, TN ranks among every U.S. ZIP code on income, education, or homeownership View national rankings
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ZIP Code Tabulation Areas (ZCTAs) are Census Bureau approximations of USPS ZIP codes; figures describe the ZCTA area, not any single address within it.