Population 45,156 · Census ACS 2020–24
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Population and households in ZIP 38016
Household size in ZIP 38016
| Period | ZIP 38016 | Memphis area | Tennessee | U.S. |
|---|---|---|---|---|
| 2006–10 | 2.52 | 2.72 | 2.53 | 2.68 |
| 2010–14 | 2.59 | 2.74 | 2.57 | 2.73 |
| 2015–19 | 2.62 | 2.70 | 2.57 | 2.71 |
| 2020–24 | 2.55 | 2.65 | 2.53 | 2.65 |
| Change | +0.03 | −0.06 | +0.00 | −0.03 |
The average household in ZIP 38016 has 2.55 people, a bit under the U.S. average of 2.65. Households are largest in the east and smallest in the west.
Household size: the average number of people living in each occupied home. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25010).
Median age in ZIP 38016
| Period | ZIP 38016 | Memphis area | Tennessee | U.S. |
|---|---|---|---|---|
| 2006–10 | 35.2 | 35.8 | 38.3 | 37.7 |
| 2010–14 | 35.8 | 36.7 | 39.2 | 38.6 |
| 2015–19 | 35.8 | 37.6 | 39.9 | 39.6 |
| 2020–24 | 38.8 | 37.7 | 39.9 | 40.1 |
| Change | +3.6 | +1.9 | +1.6 | +2.3 |
Half of the people in ZIP 38016 are younger than 38.8 and half are older, close to the national median of 40.1. The median age has climbed from 35.2 in 2006–10, mirroring the country.
Median age: the age that splits residents into two equal halves. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B01002).
Single-parent households in ZIP 38016
| Period | ZIP 38016 | Memphis area | Tennessee | U.S. |
|---|---|---|---|---|
| 2006–10 | 10.5% | 17.3% | 12.2% | 12.3% |
| 2010–14 | 11.4% | 16.4% | 12.0% | 12.3% |
| 2015–19 | 12.9% | 15.6% | 11.6% | 11.6% |
| 2020–24 | 12.8% | 16.3% | 11.8% | 11.6% |
| Change | +2.4 pts | −0.9 pts | −0.4 pts | −0.6 pts |
Single parents head about one in eight households in ZIP 38016 (12.8%), a bit above the national share of 11.6%. Locally, though, single parents are less common here than in the Memphis area as a whole (16.3%). Since 2006–10, the single-parent share has risen 2.4 points, even as the national share fell.
Single-parent households: households where one adult with no spouse present lives with children under 18. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B11003).
Housing in ZIP 38016
Renters in ZIP 38016
| Period | ZIP 38016 | Memphis area | Tennessee | U.S. |
|---|---|---|---|---|
| 2006–10 | 34.4% | 34.7% | 30.4% | 33.3% |
| 2010–14 | 43.4% | 37.9% | 32.9% | 35.6% |
| 2015–19 | 44.1% | 40.0% | 33.7% | 36.0% |
| 2020–24 | 44.2% | 39.5% | 33.1% | 34.8% |
| Change | +9.9 pts | +4.8 pts | +2.6 pts | +1.5 pts |
More than four in ten households in ZIP 38016 rent their homes (44.2%), above the national share of 34.8%. Among homeowners, 22.3% have no mortgage at all, well below the national share of 39.8%. Renting is most common in the west and least common in the north. The renter share is up 9.9 points from 2006–10, a much bigger shift than nationally.
Renters: occupied homes that are rented rather than owned. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25003).
Vacant homes in ZIP 38016
| Period | ZIP 38016 | Memphis area | Tennessee | U.S. |
|---|---|---|---|---|
| 2006–10 | 9.8% | 12.1% | 11.5% | 11.4% |
| 2010–14 | 8.4% | 11.7% | 11.8% | 11.4% |
| 2015–19 | 7.7% | 11.6% | 11.8% | 11.1% |
| 2020–24 | 8.7% | 9.8% | 10.1% | 9.6% |
| Change | −1.1 pts | −2.3 pts | −1.4 pts | −1.8 pts |
About as many homes sit empty in ZIP 38016 as nationally: 8.7%, against 9.6%. Vacancy is down 1.1 points from 2006–10, as it has nationally.
Vacant homes: homes with no one living in them, including vacation homes and homes for sale or rent. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25002).
Age of homes in ZIP 38016
| Period | ZIP 38016 | Memphis area | Tennessee | U.S. |
|---|---|---|---|---|
| 2006–10 | 1996 | 1980 | 1981 | 1974 |
| 2010–14 | 1997 | 1981 | 1982 | 1975 |
| 2015–19 | 1996 | 1981 | 1983 | 1977 |
| 2020–24 | 1998 | 1983 | 1986 | 1980 |
| Change | +1 | +3 | +6 | +6 |
Much of the housing in ZIP 38016 is relatively new: half of its homes were built after 1998, compared with 1980 for the U.S. as a whole. The newest homes are mostly in the southeast, the oldest in the north. ZIP 38016 has newer homes than the great majority of Tennessee ZIP codes.
Age of homes: the year that splits the housing stock into older and newer halves. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25035).
Rent in ZIP 38016
| Period | ZIP 38016 | Memphis area | Tennessee | U.S. |
|---|---|---|---|---|
| 2006–10 | $1,099 | $912 | $761 | $965 |
| 2010–14 | $1,181 | $991 | $837 | $1,040 |
| 2015–19 | $1,324 | $1,080 | $961 | $1,213 |
| 2020–24 | $1,910 | $1,428 | $1,286 | $1,571 |
| Change | +$812 | +$516 | +$526 | +$606 |
Rent in ZIP 38016 runs $1,910 a month at the median, utilities included, well above the U.S. median of $1,571. Rent has climbed $812 a month since 2006–10, up 74%, faster than rents rose nationally. Rent takes 33.7% of the typical renter's income, well over the 30% mark often used to define affordable rent, so many renters here are stretched. Renters on a budget will find the lowest rents in the west; the highest are in the south.
Rent: monthly rent plus the utilities renters pay themselves. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25064).
Education in ZIP 38016
Bachelor's degrees in ZIP 38016
| Period | ZIP 38016 | Memphis area | Tennessee | U.S. |
|---|---|---|---|---|
| 2006–10 | 43.3% | 25.5% | 23.9% | 28.4% |
| 2010–14 | 41.4% | 26.6% | 25.3% | 29.6% |
| 2015–19 | 40.7% | 28.0% | 27.9% | 32.1% |
| 2020–24 | 41.2% | 30.5% | 31.4% | 35.6% |
| Change | −2.2 pts | +5.0 pts | +7.5 pts | +7.2 pts |
About four in ten adults 25 and older in ZIP 38016 (41.2%) have a bachelor's degree or higher, a bit above the national share of 35.6%. Since 2006–10, the share with a degree has fallen 2.2 points, even as the national share rose. ZIP 38016 has a higher share of college graduates than at least four in five Tennessee ZIP codes.
Bachelor's degrees: adults 25 and older with a bachelor's degree or higher. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B15003).
High school graduates in ZIP 38016
| Period | ZIP 38016 | Memphis area | Tennessee | U.S. |
|---|---|---|---|---|
| 2006–10 | 93.9% | 84.8% | 83.3% | 84.9% |
| 2010–14 | 95.0% | 86.4% | 85.4% | 86.1% |
| 2015–19 | 94.6% | 87.8% | 87.6% | 87.7% |
| 2020–24 | 96.3% | 89.2% | 89.9% | 89.3% |
| Change | +2.4 pts | +4.4 pts | +6.6 pts | +4.3 pts |
High school completion is high in ZIP 38016: 96.3% of adults 25 and older have a diploma or equivalent, well above the national rate of 89.3%. The share with a diploma has risen 2.4 points since 2006–10, mirroring the country. Of the 298 Tennessee ZIP codes with 5,000+ people, only 18 have a higher share of high school graduates.
High school graduates: adults 25 and older with a high school diploma, GED or more. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B15003).
Jobs in ZIP 38016
| Period | ZIP 38016 | Memphis area | Tennessee | U.S. |
|---|---|---|---|---|
| 2006–10 | 5.3% | 10.1% | 8.6% | 8.1% |
| 2010–14 | 5.1% | 11.0% | 9.6% | 9.4% |
| 2015–19 | 3.3% | 7.1% | 5.4% | 5.6% |
| 2020–24 | 4.9% | 6.9% | 4.8% | 5.4% |
| Change | −0.5 pts | −3.2 pts | −3.8 pts | −2.7 pts |
Unemployment in ZIP 38016 is close to the national rate: 4.9% of the labor force, against 5.4%. The rate is lower than in the Memphis area overall (6.9%). Each figure pools five years of surveys (2020–24), so it describes that whole stretch rather than today's job market.
Unemployment: people looking for work as a share of everyone working or looking. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B23025).
ZIP 38016 compared with nearby ZIP codes
| ZIP code | Household size | Median age | Single parents | Renters | Vacant homes | Median year built | Median rent | Bachelor's degree | High school diploma | Unemployment |
|---|---|---|---|---|---|---|---|---|---|---|
| ZIP 38016 | 2.55 | 38.8 | 12.8% | 44.2% | 8.7% | 1998 | $1,910 | 41.2% | 96.3% | 4.9% |
| ZIP 38018 | 2.62 | 37.9 | 10.9% | 37.8% | 5.6% | 1997 | $1,763 | 46.6% | 93.4% | 5.0% |
| ZIP 38133 | 2.67 | 37.3 | 15.9% | 31.6% | 5.0% | 1994 | $1,761 | 30.0% | 88.7% | 6.3% |
| ZIP 38134 | 2.75 | 34.2 | 21.3% | 52.5% | 6.1% | 1979 | $1,445 | 21.1% | 86.0% | 5.5% |
| ZIP 38139 | 2.86 | 45.1 | 3.5% | 2.8% | 3.6% | 1988 | $2,700 | 74.9% | 99.2% | 2.0% |
| ZIP 38135 | 2.83 | 41.5 | 8.9% | 19.3% | 3.5% | 1991 | $1,846 | 35.4% | 96.8% | 3.7% |
| ZIP 38002 | 2.93 | 40.3 | 10.1% | 16.1% | 4.8% | 2002 | $1,916 | 46.5% | 96.0% | 2.8% |
| ZIP 38138 | 2.51 | 45.7 | 5.6% | 21.9% | 8.1% | 1984 | $1,885 | 69.9% | 97.7% | 4.0% |
| ZIP 38120 | 2.20 | 44.4 | 5.8% | 29.9% | 7.4% | 1974 | $1,776 | 68.4% | 97.5% | 3.2% |
| ZIP 38028 | 2.84 | 45.5 | 4.5% | 10.2% | 5.1% | 1999 | $1,310 | 40.8% | 94.3% | 6.3% |
| ZIP 38119 | 2.33 | 41.3 | 11.3% | 38.0% | 6.3% | 1978 | $1,460 | 51.8% | 95.6% | 5.1% |
All figures 2020–24.
Zip codes with similar populations: 06606, CT · 07052, NJ · 07060, NJ · 98225, WA · 98105, WA · 10028, NY · 11237, NY · 15301, PA · 89119, NV · 74133, OK
About these numbers
Every figure on this page is a BestNeighborhood calculation from the Census Bureau's American Community Survey (ACS), built up from the Census block groups that make up ZIP 38016. Each ACS 5-year release pools five years of responses; this page shows the last 15 releases, 2006–10 through 2020–24. Neighboring releases share four of their five years, so they move gradually and small changes between them are within the survey's margin of error; in small places the lines can jump from one release to the next for the same reason. The maps show the same measures for each neighborhood, ranked against the whole country.
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