ZIP Code 38141

standard

Source:

Memphis · Shelby County · Tennessee

Population
22,462

1,111/sq mi

Median income
$60,817

▼ 20% vs US

higher than 30% of US ZIPs

Median home value
$157,900

▼ 43% vs US

higher than 29% of US ZIPs

Bachelor's or higher
16.6%

Median age 31

Land area
20.2 sq mi

Chicago

ZIP code 38141 in Memphis, Tennessee has a population of 22,462. The median household income is $60,817, which is 20% below the national average. Median home value is $157,900, 43% below the US average. 16.6% of residents hold a bachelor's degree or higher.

ZIP code 38141 is classified by USPS as a standard delivery area and covers roughly 20.2 square miles in Memphis, Shelby County, Tennessee. The area is home to 22,462 residents, producing a population density of 1,111 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 38141 against Tennessee and the nation.

On the economic side, the median household income for ZIP 38141 sits at $60,817 (8% below the Tennessee average), while per-capita income is $26,984. The poverty rate stands at 16.9% and the unemployment rate at 8.8%. On housing, the median home value is $157,900 (36% below the state average) with median rent at $1,532 per month, and 56.3% of occupied units are owner-occupied, a direct signal of whether 38141 behaves more like a homeowner neighborhood or a renter-heavy ZIP.

Education and household profile round out the picture: 16.6% of adults hold a bachelor's degree or higher, the median age is 31, and the average commute is 23 minutes. We also surface 10 nearby ZIP codes within roughly 10 miles and 6 additional ZIPs sharing Shelby County, so you can benchmark 38141 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 38141

Top 5 sectors by establishment count

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 + HUD FMR + FHFA HPI ACS demographics, ZBP business establishments, HUD Fair Market Rents, 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; HUD FMR + 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

$26,984

Per Capita Income

16.9%

Poverty Rate

8.8%

Unemployment Rate

22.6 min

Mean Commute Time

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

$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 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

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 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.

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