Population 761 · Census ACS 2020–24
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Population and households in ZIP 38042
Household size in ZIP 38042
| Period | ZIP 38042 | Memphis area | Tennessee | U.S. |
|---|---|---|---|---|
| 2006–10 | 2.66 | 2.72 | 2.53 | 2.68 |
| 2010–14 | 2.60 | 2.74 | 2.57 | 2.73 |
| 2015–19 | 2.55 | 2.70 | 2.57 | 2.71 |
| 2020–24 | 2.32 | 2.65 | 2.53 | 2.65 |
| Change | −0.34 | −0.06 | +0.00 | −0.03 |
Households in ZIP 38042 are small: just 2.32 people on average, compared with 2.65 nationally. That is typical of places where many people live alone or as couples, and fewer have children at home. Since 2006–10, household size has dropped from 2.66, but in a place this small, survey estimates can swing a lot from one release to the next.
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 38042
| Period | ZIP 38042 | Memphis area | Tennessee | U.S. |
|---|---|---|---|---|
| 2006–10 | 31.8 | 35.8 | 38.3 | 37.7 |
| 2010–14 | 39.1 | 36.7 | 39.2 | 38.6 |
| 2015–19 | 45.3 | 37.6 | 39.9 | 39.6 |
| 2020–24 | 56.0 | 37.7 | 39.9 | 40.1 |
| Change | +24.2 | +1.9 | +1.6 | +2.3 |
With a median age of 56.0, ZIP 38042 is noticeably older than the country as a whole (40.1), an age mix that tilts toward empty nesters and retirees.
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 38042
| Period | ZIP 38042 | Memphis area | Tennessee | U.S. |
|---|---|---|---|---|
| 2006–10 | 11.0% | 17.3% | 12.2% | 12.3% |
| 2010–14 | 22.0% | 16.4% | 12.0% | 12.3% |
| 2015–19 | 13.5% | 15.6% | 11.6% | 11.6% |
| 2020–24 | 5.6% | 16.3% | 11.8% | 11.6% |
| Change | −5.4 pts | −0.9 pts | −0.4 pts | −0.6 pts |
Single-parent households are relatively rare in ZIP 38042: 5.6% of households, against 11.6% nationally.
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 38042
Renters in ZIP 38042
| Period | ZIP 38042 | Memphis area | Tennessee | U.S. |
|---|---|---|---|---|
| 2006–10 | 26.7% | 34.7% | 30.4% | 33.3% |
| 2010–14 | 30.4% | 37.9% | 32.9% | 35.6% |
| 2015–19 | 28.5% | 40.0% | 33.7% | 36.0% |
| 2020–24 | 18.7% | 39.5% | 33.1% | 34.8% |
| Change | −8.0 pts | +4.8 pts | +2.6 pts | +1.5 pts |
ZIP 38042 is largely a place of homeowners: only 18.7% of households rent, far below the national share of 34.8%. Owner-heavy areas like this tend to see less turnover. Among homeowners, 50.6% have no mortgage at all, well above the national share of 39.8%.
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 38042
| Period | ZIP 38042 | Memphis area | Tennessee | U.S. |
|---|---|---|---|---|
| 2006–10 | 22.2% | 12.1% | 11.5% | 11.4% |
| 2010–14 | 9.8% | 11.7% | 11.8% | 11.4% |
| 2015–19 | 26.0% | 11.6% | 11.8% | 11.1% |
| 2020–24 | 18.1% | 9.8% | 10.1% | 9.6% |
| Change | −4.1 pts | −2.3 pts | −1.4 pts | −1.8 pts |
Vacancy is high in ZIP 38042: 18.1% of homes are empty, far above the national rate of 9.6%. In resort and lake areas that usually means seasonal and vacation homes; elsewhere it can point to weak demand.
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 38042
| Period | ZIP 38042 | Memphis area | Tennessee | U.S. |
|---|---|---|---|---|
| 2006–10 | 1984 | 1980 | 1981 | 1974 |
| 2010–14 | 1977 | 1981 | 1982 | 1975 |
| 2015–19 | 1981 | 1981 | 1983 | 1977 |
| 2020–24 | 1978 | 1983 | 1986 | 1980 |
| Change | −6 | +3 | +6 | +6 |
Homes in ZIP 38042 are about the same age as the nation's housing: the median home was built in 1978, versus 1980 nationally. Homes here are older than in the wider Memphis area, where the median home dates to 1983.
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 38042
| Period | ZIP 38042 | Memphis area | Tennessee | U.S. |
|---|---|---|---|---|
| 2006–10 | $469 | $912 | $761 | $965 |
| 2010–14 | $502 | $991 | $837 | $1,040 |
| 2015–19 | $780 | $1,080 | $961 | $1,213 |
| 2020–24 | $772 | $1,428 | $1,286 | $1,571 |
| Change | +$303 | +$516 | +$526 | +$606 |
Rent in ZIP 38042 runs $772 a month at the median, utilities included, well below the U.S. median of $1,571. Rent takes 35.0% of the typical renter's income, well over the 30% mark often used to define affordable rent, so many renters here are stretched.
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 38042
Bachelor's degrees in ZIP 38042
| Period | ZIP 38042 | Memphis area | Tennessee | U.S. |
|---|---|---|---|---|
| 2006–10 | 11.3% | 25.5% | 23.9% | 28.4% |
| 2010–14 | 7.7% | 26.6% | 25.3% | 29.6% |
| 2015–19 | 16.0% | 28.0% | 27.9% | 32.1% |
| 2020–24 | 12.0% | 30.5% | 31.4% | 35.6% |
| Change | +0.7 pts | +5.0 pts | +7.5 pts | +7.2 pts |
College degrees are relatively uncommon in ZIP 38042: 12.0% of adults 25 and older hold a bachelor's or higher, well below the national share of 35.6%.
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 38042
| Period | ZIP 38042 | Memphis area | Tennessee | U.S. |
|---|---|---|---|---|
| 2006–10 | 75.2% | 84.8% | 83.3% | 84.9% |
| 2010–14 | 78.7% | 86.4% | 85.4% | 86.1% |
| 2015–19 | 89.1% | 87.8% | 87.6% | 87.7% |
| 2020–24 | 87.8% | 89.2% | 89.9% | 89.3% |
| Change | +12.6 pts | +4.4 pts | +6.6 pts | +4.3 pts |
High school completion in ZIP 38042 is close to the national rate: 87.8% of adults have a diploma or equivalent, against 89.3%.
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 38042
| Period | ZIP 38042 | Memphis area | Tennessee | U.S. |
|---|---|---|---|---|
| 2006–10 | 12.1% | 10.1% | 8.6% | 8.1% |
| 2010–14 | 30.0% | 11.0% | 9.6% | 9.4% |
| 2015–19 | 22.5% | 7.1% | 5.4% | 5.6% |
| 2020–24 | 9.1% | 6.9% | 4.8% | 5.4% |
| Change | −3.0 pts | −3.2 pts | −3.8 pts | −2.7 pts |
Finding work has been harder in ZIP 38042: 9.1% of the labor force was out of work and looking, well above the national rate of 5.4%. Because the Census pools five years of responses (2020–24), these rates smooth over short swings and lag the current 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 38042 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 38042 | 2.32 | 56.0 | 5.6% | 18.7% | 18.1% | 1978 | $772 | 12.0% | 87.8% | 9.1% |
| ZIP 38067 | 2.28 | 49.7 | 13.6% | 15.7% | 24.1% | 1990 | $710 | 8.1% | 88.4% | 8.8% |
| ZIP 38039 | 2.21 | 50.7 | 7.9% | 32.0% | 19.2% | 1979 | $765 | 12.0% | 81.0% | 9.0% |
| ZIP 38046 | 2.16 | 57.5 | 16.5% | 33.6% | 32.3% | 1982 | $765 | 22.6% | 87.8% | 8.1% |
| ZIP 38008 | 2.30 | 38.3 | 16.5% | 34.2% | 12.3% | 1980 | $879 | 14.5% | 86.7% | 10.6% |
| ZIP 38052 | 2.32 | 44.6 | 7.9% | 25.1% | 15.2% | 1984 | $851 | 14.3% | 86.4% | 8.0% |
| ZIP 38068 | 2.55 | 44.1 | 13.3% | 24.4% | 10.1% | 1989 | $910 | 20.8% | 90.3% | 5.3% |
| ZIP 38057 | 2.36 | 54.0 | 8.3% | 20.6% | 12.8% | 1991 | $949 | 20.5% | 88.0% | 4.6% |
| ZIP 38076 | 2.30 | 56.7 | 10.5% | 9.8% | 9.4% | 1993 | $986 | 24.5% | 89.5% | 6.0% |
| ZIP 38044 | 2.30 | 46.8 | 8.3% | 12.8% | 15.9% | 1987 | $846 | 18.9% | 93.1% | 18.0% |
| ZIP 38061 | 2.76 | 39.5 | 8.8% | 18.2% | 22.4% | 1985 | $910 | 17.9% | 86.1% | 12.8% |
All figures 2020–24.
Zip codes with similar populations: 03279, NH · 12847, NY · 12406, NY · 13141, NY · 10535, NY · 08350, NJ · 05866, VT · 04956, ME · 04772, ME · 04734, ME
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 38042. 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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