Memphis, TN · standard

ZIP Code 38141

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

22,462
1,111/sq mi High-density area
$60,817
Median income Below-median income area
$157,900
Median home value Below-median home value
16.6%
Bachelor's or higher Below-average bachelor's attainment

National ZIP placement

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
29th pct
home value, US ZIPs
1,111
people per sq mi
56%
owner-occupied homes

Source: U.S. Census Bureau ACS 5-Year Estimates (2019–2023). Percentiles rank ZIP 38141 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 38141 (Memphis, TN) fell -1.0% from 2023 to 2024. The all-transactions index moved from 224.8 in 2023 to 222.6 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 38141 is a densely settled ZIP (a standard USPS delivery area) in Memphis, Shelby County, Tennessee, with 22,462 residents across 20.2 square miles, a density of 1,111 people per square mile, in the Chicago time zone.

ZIP 38141 reports a modest median household income of $60,817 (8% below the average Tennessee ZIP), while per-capita income is $26,984. The poverty rate is 16.9%, with unemployment at 8.8%; those measures add context to the income figure. Home values sit below the statewide ZIP benchmark: the median is $157,900 (36% below the average Tennessee ZIP), and median rent is $1,532; owner occupancy is 56.3%.

Educational attainment sits below the national norm: 16.6% of adults hold a bachelor's degree or higher, the median age is 31, and the average commute is 23 minutes. The page also surfaces 10 ZIP codes within roughly 10 miles and 6 more in Shelby County, so 38141 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 38141

Top 5 sectors by establishment count in Memphis, TN

Which industries have the most business establishments in ZIP 38141.

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 38141, 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

22,462

Population

20.2

Area (sq mi)

1,111

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 38141?

31.0

Median Age

42.6%

Male

57.4%

Female

5.4%

Foreign-Born

White 5.8%
African American 85.4%
Asian 0.3%
American Indian or Alaska Native 0.5%
Native Hawaiian or Pacific Islander 0.0%
Two or More Ethnicities 3.8%
Hispanic or Latino 9.1%

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?

$60,817

Median Household Income

-8% vs state ZIP avg

$26,984

Per Capita Income

16.9%

Poverty Rate

8.8%

Unemployment Rate

22.6 min

Mean Commute Time

How ZIP 38141 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)

$60,817 48th percentile higher than 48% 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 53.9%
Bachelor's Degree or Higher 16.6%

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

What does housing look like?

8,488

Total Housing Units

8,224

Occupied Units

264

Vacant Units

2.91

Avg Household Size

Occupancy Type

Owner 56.3%
Renter 43.7%

$157,900

Median Home Value

-36% vs state ZIP avg

$1,532

Median Rent

1985

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

-1.0%

YoY Change (2024)

223

HPI Index (2000 = 100)

+123%

Total Change Since 2000

Home values in ZIP 38141 have decreased 1.0% over the past year (2024). Since 2000, this ZIP has seen +123% cumulative appreciation.

Year Annual Change HPI Index
2020 +13.8% 142
2021 +12.8% 161
2022 +18.6% 190
2023 +18.0% 225
2024 -1.0% 223

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 276 business establishments in ZIP 38141, employing approximately 14,196 people with a combined annual payroll of $839,060,000.

276

Businesses

14,196

Employees

$839.1M

Annual Payroll

15

Industry Sectors

Industry Establishments % of Total
Wholesale trade 59 21.4%
Transportation and warehousing 44 15.9%
Retail trade 34 12.3%
Manufacturing 21 7.6%
Other services (except public administration) 19 6.9%
Real estate and rental and leasing 17 6.2%
Health care and social assistance 17 6.2%
Construction 14 5.1%
Accommodation and food services 13 4.7%
Administrative and support and waste management and remediation services 12 4.3%
Professional, scientific, and technical services 8 2.9%
Finance and insurance 5 1.8%
Information 4 1.4%
Management of companies and enterprises 4 1.4%
Educational services 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 38141 vs 38115 →

ZIP 38141 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 38141 ranks #7 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 38141 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 38141 ranks #9 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 2.7 mi
38119 Memphis, TN 22,330 4.4 mi
38125 Memphis, TN 36,150 3.8 mi
38118 Memphis, TN 41,465 4.6 mi
38120 Memphis, TN 14,237 7.4 mi
38654 Olive Branch, MS 45,956 5.9 mi
38138 Germantown, TN 24,045 5.7 mi
38117 Memphis, TN 26,125 7.4 mi
38139 Germantown, TN 16,086 7.4 mi
38672 Southaven, MS 11,249 7.6 mi

Nationwide ZIPs with similar ACS profiles

Two Census-derived peer sets for ZIP 38141, 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 (22,462 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 38141 in?

ZIP code 38141 (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 38141?

ZIP code 38141 in Memphis, TN has a population of 22,462 according to the Census Bureau ACS 2023 estimates.

What is the median household income in ZIP 38141?

The median household income in ZIP 38141 is $60,817, which is 20% below the national average of $76,288.

What is the average home value in ZIP 38141?

The median home value in ZIP 38141 is $157,900, which is 43% below the national average of $278,155.

What is the demographic makeup of ZIP 38141?

The largest racial group in ZIP 38141 is African American at 85.4%. Hispanic or Latino residents make up 9.1% of the population.

How many businesses are in ZIP code 38141?

ZIP code 38141 has 276 business establishments employing approximately 14,196 people, according to Census Bureau ZIP Code Business Patterns (ZBP) 2023 data.

What are the main industries in ZIP code 38141?

The top industries by establishment count in ZIP 38141 are: Wholesale trade (59), Transportation and warehousing (44), Retail trade (34). There are 15 industry sectors represented in total.

How have home values changed in ZIP code 38141?

According to the FHFA House Price Index, home values in ZIP 38141 decreased by 1.0% in 2024. Since 2000, home values in this ZIP have appreciated by approximately 123%. 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 38141?

In ZIP code 38141, 53.9% of residents aged 25+ have a high school diploma or higher, and 16.6% 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 38141?

The mean commute time for workers in ZIP code 38141 is 22.6 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 38141?

In ZIP code 38141, approximately 56.3% of occupied housing units are owner-occupied and 43.7% are renter-occupied, based on Census ACS 2023 data.

What is the poverty rate in ZIP code 38141?

The poverty rate in ZIP code 38141 is 16.9% according to Census Bureau ACS 2023 estimates. This measures the percentage of the population living below the federal poverty threshold.

ZIP 38141'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 38141'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.