Best Places38114, TN Best Neighborhoods
2026–2027 edition · Data updated July 2026
Every neighborhood inside ZIP code 38114, scored on 40 measures of daily life and ranked to fit what matters to you. Several measures below read low, and the ranked lists name which ones. To work out which city fits you best, start with the best places to live tool.
38114 ranks 32,585th of 33,110 U.S. zip codes on the BestNeighborhood index. It scores highest on state finances by a wide margin, and crime is the weak spot.
The best neighborhoods in 38114
BestNeighborhood is the only ranking that scores 40 measures of daily life neighborhood by neighborhood and lets you re-weight every one of them yourself.
38114's strengths and weaknesses
Where 38114 ranks high
- State fiscal healthBetter than 96% of zip codes
- TransitBetter than 93% of zip codes
- Cell coverageBetter than 91% of zip codes
- WalkabilityBetter than 89% of zip codes
- Short commute20.2 minutes each way, better than 84% of zip codes
Where 38114 ranks low
- Crime safetyBetter than only 1% of zip codes
- Household income$40,278 median, better than only 3% of zip codes
- Local economyBetter than only 4% of zip codes
- School gradeD, better than only 5% of zip codes
- QuietBetter than only 6% of zip codes
What it costs to buy a home in 38114
A household needs to earn about $28,000 a year to comfortably buy the median 38114 home, at 20% down and today's 30-year rate. That is below the area's own median income of $40,278, so a typical household can afford the median home outright.
Where the monthly payment goes
Assumes a 20% down payment, a 6.6% 30-year fixed rate, and a 28% share of income going to the payment. The rate is the 2026-07-23 30-year fixed average, series MORTGAGE30US from the St. Louis Fed, which publishes Freddie Mac's weekly survey. Against the median home value, property tax uses 38114's effective rate of 0.81%, and insurance is estimated at 0.4% of home value a year.
Renting versus buying
At today's prices, buying tends to cost more than renting for about the first 3 years, then pulls ahead as rent keeps rising and the mortgage builds equity. The chart tracks the running cost of each.
Who lives in 38114
38114's age mix sits close to the national median, and households here run smaller than average.
Residents by age
Racial and ethnic makeup has its own map. See the race and diversity map for 38114.
Who works in 38114, and how
Work in 38114 centers on transportation & warehousing and health care & social. Unemployment runs well above the national rate, and the job base is shrinking.
Largest industries
How people get to work
- Drive or carpool 84%
- Work from home 10%
- Transit, walk, or bike 6%
Life in 38114
38114 has more parkland per resident than 72% of zip codes. That concentrates in some parts of 38114 and thins out in others, which the map shows.
What the weather is like in 38114, month by month
38114 sees roughly 65 pleasant days a year. July highs average about 93 degrees. January highs sit near 54, with lows near 32. The comfortable stretch runs March through May and October.
Show the monthly temperatures
| Month | Avg high | Avg | Avg low |
|---|---|---|---|
| January | 54° | 42° | 32° |
| April | 75° | 63° | 51° |
| July | 93° | 83° | 74° |
| October | 79° | 66° | 54° |
Flying in and out of 38114
Memphis International sits about 4 miles away. It is a medium hub and boarded 2.4 million passengers in 2025, with 78 nonstop destinations.
The best schools in and around 38114
Schools across 38114 average a D, better than 5% of zip codes.
Top elementary schools
- Peabody ElementaryD · 20% proficient
- Bethel Grove ElementaryD− · 15% proficient
- Rozelle ElementaryF · 10% proficient
Top middle schools
- Maxine Smith Steam AcademyA+ · 68% proficient
- Bellevue MiddleD− · 17% proficient
- Sherwood MiddleF · 5% proficient
Top high schools
- Middle College HighA · 70% proficient
- Central HighC− · 27% proficient
- Northwest Prep AcademyF · 10% proficient
Grades come from K-12 test scores, with scores projected for schools missing data. See every 38114 school and its grade on SchoolGrade.
38114 measure by measure
Cards are ordered by how much each measure matters to you, so the ones you weighted highest come first. Expand to see every measure. Percentages compare 38114 against the other 33,109 zip codes.
Who 38114 suits
Remote workers
Internet is fast and widely advertised and 10% already work from home.
Retirees
Set weather, quiet, and health care weights on the map to test the fit.
Common questions about living in 38114
Is 38114 a good place to live?
Using BestNeighborhood's default rankings, 38114 ranks 32,585th of 33,110 zip codes. It scores highest on state finances, transit, and cell coverage, and lowest on crime and low incomes. How good it is for you depends on which of those you weight most, which the map lets you set.
Is 38114 expensive to live in?
The median home is worth $106,304. The overall cost of living runs about 24% below the national average. Set against a $40,278 median income, cost of living beats 7% of zip codes.
Is 38114 safe?
38114 is safer than 0% of zip codes. Safety varies a lot by neighborhood. Crime costs an estimated $2,547 per resident a year.
What is the weather like in 38114?
July highs average about 93 degrees, and January highs near 54 with lows near 32. That works out to about 65 pleasant days a year, more than 15% of zip codes.
Is 38114 good for families?
Schools beat 5% of zip codes, crime safety beats 0%, and childcare runs $811 a month.
Compare 38114 with other zip codes
Sources and methodology
Every measure on this page is scored for each neighborhood, then rolled up to 38114. Scores are absolute rather than ranked, which means a 60 in 38114 represents the same real quantity as a 60 anywhere else, and the ranking is a weighted average of those absolutes. The map colors come from a national scale calibrated against a population weighted random sample of 5,000 neighborhoods. That absolute scoring is what no other places-to-live ranking does: it puts a single neighborhood, a town, a metro, and a state on one scale, so the same 40 measures answer both which metro to move to and which street inside it to buy on. Read the full methodology.
38114 detail on BestNeighborhood maps:
- Walk Grade for 38114: walkability, transit, and biking, measured on the real street network rather than by straight line distance.
- Noise in 38114: road, rail, and aviation sound modeling calibrated against federal ground truth measurements.
- Conservative vs liberal map of 38114: precinct level election results apportioned to neighborhoods.
- Mobile and cell coverage in 38114: carrier by carrier coverage behind the cell score.
38114 detail on related sites:
- CrimeGrade: neighborhood crime rates behind the crime safety score.
- ISPreports.org: provider by provider internet availability and advertised speeds.
- CoverageWatch: the car insurance premiums behind the cheap car insurance score.
Federal and public data:
- U.S. Census Bureau American Community Survey: income, home value, rent, vacancy, commute time and mode, educational attainment, home age, age structure, household type, industry, and race.
- NOAA Global Surface Summary of the Day: the daily station record behind the monthly temperatures and the pleasant-day count.
- FAA Passenger Boarding Data: airport size and annual passenger counts.
- Freddie Mac Primary Mortgage Market Survey: the 30-year fixed rate used in the cost-to-buy estimate.
- FBI Crime Data Explorer: reported offenses behind the tangible crime cost estimate.
- U.S. EPA Air Quality System: five year average air quality index.
- FEMA National Risk Index: expected annual loss from natural hazards.
- CDC PLACES: disease burden, preventable risk, and barriers to care.
- National Center for Education Statistics: school enrollment and assessment inputs behind the school grade.
- FCC National Broadband Map: internet and wireless availability.
- U.S. Bureau of Labor Statistics: employment and job growth behind the local economy score.
- Religious activity uses a proprietary religious signal measurement.
Your priorities
Move a slider to say how much a measure matters. Zero turns it off.