Population 14,259 · Census ACS 2020–24
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Population and households in ZIP 38103
Household size in ZIP 38103
| Period | ZIP 38103 | Memphis area | Tennessee | U.S. |
|---|---|---|---|---|
| 2006–10 | 1.65 | 2.72 | 2.53 | 2.68 |
| 2010–14 | 1.76 | 2.74 | 2.57 | 2.73 |
| 2015–19 | 1.69 | 2.70 | 2.57 | 2.71 |
| 2020–24 | 1.49 | 2.65 | 2.53 | 2.65 |
| Change | −0.17 | −0.06 | +0.00 | −0.03 |
Households in ZIP 38103 are small: just 1.49 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. Household size has dropped from 1.65 in 2006–10, a much bigger shift than nationally. No other Tennessee ZIP code with 5,000+ people has smaller households.
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 38103
| Period | ZIP 38103 | Memphis area | Tennessee | U.S. |
|---|---|---|---|---|
| 2006–10 | 34.0 | 35.8 | 38.3 | 37.7 |
| 2010–14 | 32.4 | 36.7 | 39.2 | 38.6 |
| 2015–19 | 33.0 | 37.6 | 39.9 | 39.6 |
| 2020–24 | 35.3 | 37.7 | 39.9 | 40.1 |
| Change | +1.4 | +1.9 | +1.6 | +2.3 |
ZIP 38103 is young: half of its residents are under 35.3, compared with a national median of 40.1. The population tilts toward young adults, many of them living alone or as couples. Since 2006–10, the median age has climbed from 34.0, in line with the national trend.
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 38103
| Period | ZIP 38103 | Memphis area | Tennessee | U.S. |
|---|---|---|---|---|
| 2006–10 | 15.9% | 17.3% | 12.2% | 12.3% |
| 2010–14 | 5.8% | 16.4% | 12.0% | 12.3% |
| 2015–19 | 6.3% | 15.6% | 11.6% | 11.6% |
| 2020–24 | 7.5% | 16.3% | 11.8% | 11.6% |
| Change | −8.4 pts | −0.9 pts | −0.4 pts | −0.6 pts |
Single-parent households are relatively rare in ZIP 38103: 7.5% of households, against 11.6% nationally. The single-parent share is down 8.4 points from 2006–10, a much bigger shift than 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 38103
Renters in ZIP 38103
| Period | ZIP 38103 | Memphis area | Tennessee | U.S. |
|---|---|---|---|---|
| 2006–10 | 65.8% | 34.7% | 30.4% | 33.3% |
| 2010–14 | 68.3% | 37.9% | 32.9% | 35.6% |
| 2015–19 | 69.0% | 40.0% | 33.7% | 36.0% |
| 2020–24 | 69.3% | 39.5% | 33.1% | 34.8% |
| Change | +3.4 pts | +4.8 pts | +2.6 pts | +1.5 pts |
Renters far outnumber owners in ZIP 38103: 69.3% of households rent their homes, against 34.8% nationally. Just over a third of owners (34.4%) have paid off their mortgages, below the national share of 39.8%. The renter share has risen 3.4 points since 2006–10, in line with the national trend. Of the 298 Tennessee ZIP codes with 5,000+ people, only eight have a higher share of renters.
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 38103
| Period | ZIP 38103 | Memphis area | Tennessee | U.S. |
|---|---|---|---|---|
| 2006–10 | 17.3% | 12.1% | 11.5% | 11.4% |
| 2010–14 | 13.7% | 11.7% | 11.8% | 11.4% |
| 2015–19 | 11.7% | 11.6% | 11.8% | 11.1% |
| 2020–24 | 11.0% | 9.8% | 10.1% | 9.6% |
| Change | −6.3 pts | −2.3 pts | −1.4 pts | −1.8 pts |
Vacancy in ZIP 38103 is close to the national rate: 11.0% of homes are empty, against 9.6%. Vacancy has fallen 6.3 points since 2006–10, a much bigger shift than 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 38103
| Period | ZIP 38103 | Memphis area | Tennessee | U.S. |
|---|---|---|---|---|
| 2006–10 | 1982 | 1980 | 1981 | 1974 |
| 2010–14 | 1982 | 1981 | 1982 | 1975 |
| 2015–19 | 1989 | 1981 | 1983 | 1977 |
| 2020–24 | 1989 | 1983 | 1986 | 1980 |
| Change | +7 | +3 | +6 | +6 |
Much of the housing in ZIP 38103 is relatively new: half of its homes were built after 1989, compared with 1980 for the U.S. as a whole. The median year built has moved up from 1982 in 2006–10, a sign of steady new building. Newer construction is concentrated in the southwest, while the center has the oldest housing.
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 38103
| Period | ZIP 38103 | Memphis area | Tennessee | U.S. |
|---|---|---|---|---|
| 2006–10 | $932 | $912 | $761 | $965 |
| 2010–14 | $1,092 | $991 | $837 | $1,040 |
| 2015–19 | $1,245 | $1,080 | $961 | $1,213 |
| 2020–24 | $1,606 | $1,428 | $1,286 | $1,571 |
| Change | +$674 | +$516 | +$526 | +$606 |
A typical rental in ZIP 38103 costs $1,606 a month with utilities, close to the national median of $1,571. Rents here are higher than in the wider Memphis area ($1,428). Rents are up $674 a month from 2006–10, a 72% jump, faster than rents rose nationally. Rent takes 31.1% of the typical renter's income, just over the 30% mark often used to define affordable rent.
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 38103
Bachelor's degrees in ZIP 38103
| Period | ZIP 38103 | Memphis area | Tennessee | U.S. |
|---|---|---|---|---|
| 2006–10 | 59.4% | 25.5% | 23.9% | 28.4% |
| 2010–14 | 61.5% | 26.6% | 25.3% | 29.6% |
| 2015–19 | 64.9% | 28.0% | 27.9% | 32.1% |
| 2020–24 | 60.1% | 30.5% | 31.4% | 35.6% |
| Change | +0.7 pts | +5.0 pts | +7.5 pts | +7.2 pts |
ZIP 38103 is highly educated: about six in ten adults 25 and older (60.1%) hold at least a bachelor's degree, far above the national share of 35.6%. The share with a degree has edged up 0.7 points since 2006–10, a smaller shift than nationally. Only 21 of the 298 Tennessee ZIP codes with 5,000+ people have a higher share of college graduates.
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 38103
| Period | ZIP 38103 | Memphis area | Tennessee | U.S. |
|---|---|---|---|---|
| 2006–10 | 89.8% | 84.8% | 83.3% | 84.9% |
| 2010–14 | 90.9% | 86.4% | 85.4% | 86.1% |
| 2015–19 | 91.6% | 87.8% | 87.6% | 87.7% |
| 2020–24 | 94.8% | 89.2% | 89.9% | 89.3% |
| Change | +4.9 pts | +4.4 pts | +6.6 pts | +4.3 pts |
High school completion is high in ZIP 38103: 94.8% 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 4.9 points since 2006–10, mirroring the country. ZIP 38103 has a higher share of high school graduates than at least four in five Tennessee ZIP codes.
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 38103
| Period | ZIP 38103 | Memphis area | Tennessee | U.S. |
|---|---|---|---|---|
| 2006–10 | 9.0% | 10.1% | 8.6% | 8.1% |
| 2010–14 | 6.5% | 11.0% | 9.6% | 9.4% |
| 2015–19 | 4.3% | 7.1% | 5.4% | 5.6% |
| 2020–24 | 2.8% | 6.9% | 4.8% | 5.4% |
| Change | −6.2 pts | −3.2 pts | −3.8 pts | −2.7 pts |
The job market in ZIP 38103 has been strong: just 2.8% of the labor force was out of work and looking, well below the national rate of 5.4%. Unemployment has fallen 6.2 points since 2006–10, as it has nationally. 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 38103 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 38103 | 1.49 | 35.3 | 7.5% | 69.3% | 11.0% | 1989 | $1,606 | 60.1% | 94.8% | 2.8% |
| ZIP 38105 | 1.89 | 38.7 | 12.2% | 83.7% | 20.7% | 1968 | $1,087 | 27.6% | 85.7% | 8.1% |
| ZIP 38126 | 2.12 | 32.5 | 32.3% | 86.9% | 14.1% | 1978 | $774 | 19.2% | 81.9% | 12.4% |
| ZIP 38107 | 1.98 | 38.1 | 17.2% | 60.4% | 16.3% | 1962 | $1,119 | 24.5% | 85.9% | 18.2% |
| ZIP 38104 | 1.79 | 38.4 | 8.0% | 63.0% | 10.1% | 1953 | $1,191 | 48.7% | 92.4% | 4.9% |
| ZIP 38106 | 2.59 | 39.7 | 19.8% | 59.5% | 24.3% | 1955 | $953 | 12.2% | 82.1% | 23.4% |
| ZIP 38112 | 2.64 | 31.9 | 18.1% | 48.6% | 12.1% | 1951 | $1,108 | 35.8% | 84.7% | 10.3% |
| ZIP 38114 | 2.29 | 39.3 | 23.8% | 54.4% | 22.9% | 1955 | $939 | 14.4% | 80.2% | 15.4% |
| ZIP 38127 | 2.87 | 31.4 | 34.7% | 58.1% | 18.2% | 1967 | $1,173 | 11.3% | 82.7% | 13.1% |
| ZIP 38108 | 2.82 | 35.5 | 19.9% | 54.6% | 15.1% | 1957 | $991 | 11.6% | 68.0% | 7.9% |
| ZIP 38132 | 2.80 | 33.7 | 25.7% | 37.9% | 6.3% | 1965 | $1,044 | 25.3% | 69.5% | 4.6% |
All figures 2020–24.
Zip codes with similar populations: 01835, MA · 02114, MA · 02917, RI · 49348, MI · 62034, IL · 61068, IL · 60429, IL · 60191, IL · 59937, MT · 59840, MT
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 38103. 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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