Population 20,475 · Census ACS 2020–24
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Population and households in ZIP 38114
Household size in ZIP 38114
| Period | ZIP 38114 | Memphis area | Tennessee | U.S. |
|---|---|---|---|---|
| 2006–10 | 2.76 | 2.72 | 2.53 | 2.68 |
| 2010–14 | 2.75 | 2.74 | 2.57 | 2.73 |
| 2015–19 | 2.58 | 2.70 | 2.57 | 2.71 |
| 2020–24 | 2.29 | 2.65 | 2.53 | 2.65 |
| Change | −0.46 | −0.06 | +0.00 | −0.03 |
Households in ZIP 38114 are small: just 2.29 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 2.76, a much bigger shift than nationally.
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 38114
| Period | ZIP 38114 | Memphis area | Tennessee | U.S. |
|---|---|---|---|---|
| 2006–10 | 36.7 | 35.8 | 38.3 | 37.7 |
| 2010–14 | 38.1 | 36.7 | 39.2 | 38.6 |
| 2015–19 | 37.6 | 37.6 | 39.9 | 39.6 |
| 2020–24 | 39.3 | 37.7 | 39.9 | 40.1 |
| Change | +2.7 | +1.9 | +1.6 | +2.3 |
At 39.3, the median age in ZIP 38114 is close to the national median of 40.1, so its age mix looks much like the country's. The population here is older than in the Memphis area as a whole, where the median age is 37.7. Since 2006–10, the median age has climbed from 36.7, as it has nationally.
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 38114
| Period | ZIP 38114 | Memphis area | Tennessee | U.S. |
|---|---|---|---|---|
| 2006–10 | 27.7% | 17.3% | 12.2% | 12.3% |
| 2010–14 | 24.5% | 16.4% | 12.0% | 12.3% |
| 2015–19 | 24.6% | 15.6% | 11.6% | 11.6% |
| 2020–24 | 23.8% | 16.3% | 11.8% | 11.6% |
| Change | −3.9 pts | −0.9 pts | −0.4 pts | −0.6 pts |
Single-parent households are common in ZIP 38114: 23.8% of all households, against 11.6% nationally. The single-parent share is down 3.9 points from 2006–10, a much bigger shift than nationally. Only eight of the 298 Tennessee ZIP codes with 5,000+ people have a higher share of single-parent households.
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 38114
Renters in ZIP 38114
| Period | ZIP 38114 | Memphis area | Tennessee | U.S. |
|---|---|---|---|---|
| 2006–10 | 51.6% | 34.7% | 30.4% | 33.3% |
| 2010–14 | 54.4% | 37.9% | 32.9% | 35.6% |
| 2015–19 | 58.8% | 40.0% | 33.7% | 36.0% |
| 2020–24 | 54.4% | 39.5% | 33.1% | 34.8% |
| Change | +2.8 pts | +4.8 pts | +2.6 pts | +1.5 pts |
Most households in ZIP 38114 rent: 54.4% of occupied homes are rented, far above the national share of 34.8%. Expect more apartments, and more turnover, than in owner-heavy areas. About six in ten owners (61.7%) have paid off their mortgages, well above the national share of 39.8%. The renter share is up 2.8 points from 2006–10, mirroring the country.
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 38114
| Period | ZIP 38114 | Memphis area | Tennessee | U.S. |
|---|---|---|---|---|
| 2006–10 | 21.8% | 12.1% | 11.5% | 11.4% |
| 2010–14 | 24.9% | 11.7% | 11.8% | 11.4% |
| 2015–19 | 24.4% | 11.6% | 11.8% | 11.1% |
| 2020–24 | 22.9% | 9.8% | 10.1% | 9.6% |
| Change | +1.1 pts | −2.3 pts | −1.4 pts | −1.8 pts |
Vacant homes make up 22.9% of the housing in ZIP 38114, 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. Since 2006–10, vacancy has edged up 1.1 points, even as the national rate fell.
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 38114
| Period | ZIP 38114 | Memphis area | Tennessee | U.S. |
|---|---|---|---|---|
| 2006–10 | 1955 | 1980 | 1981 | 1974 |
| 2010–14 | 1956 | 1981 | 1982 | 1975 |
| 2015–19 | 1955 | 1981 | 1983 | 1977 |
| 2020–24 | 1955 | 1983 | 1986 | 1980 |
| Change | −1 | +3 | +6 | +6 |
ZIP 38114 is a place of older homes: half were built before 1955, while the national median is 1980. That means established neighborhoods, and more houses that may need updating. The newest homes are mostly in the southwest, the oldest in the northwest. Of the 298 Tennessee ZIP codes with 5,000+ people, only six have older homes.
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 38114
| Period | ZIP 38114 | Memphis area | Tennessee | U.S. |
|---|---|---|---|---|
| 2006–10 | $735 | $912 | $761 | $965 |
| 2010–14 | $715 | $991 | $837 | $1,040 |
| 2015–19 | $790 | $1,080 | $961 | $1,213 |
| 2020–24 | $939 | $1,428 | $1,286 | $1,571 |
| Change | +$204 | +$516 | +$526 | +$606 |
Rent in ZIP 38114 runs $939 a month at the median, utilities included, well below the U.S. median of $1,571. Rent has climbed $204 a month since 2006–10, up 28%, a slower climb than the nation's. The typical renter here spends 34.1% of household income on rent, 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 southwest; the highest are in the northwest.
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 38114
Bachelor's degrees in ZIP 38114
| Period | ZIP 38114 | Memphis area | Tennessee | U.S. |
|---|---|---|---|---|
| 2006–10 | 10.8% | 25.5% | 23.9% | 28.4% |
| 2010–14 | 12.1% | 26.6% | 25.3% | 29.6% |
| 2015–19 | 12.5% | 28.0% | 27.9% | 32.1% |
| 2020–24 | 14.4% | 30.5% | 31.4% | 35.6% |
| Change | +3.6 pts | +5.0 pts | +7.5 pts | +7.2 pts |
Fewer adults in ZIP 38114 have a four-year degree than in the country as a whole: 14.4%, against 35.6% nationally. Since 2006–10, the share with a degree has risen 3.6 points, as it has nationally. College graduates are most concentrated in the northwest and least in the south.
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 38114
| Period | ZIP 38114 | Memphis area | Tennessee | U.S. |
|---|---|---|---|---|
| 2006–10 | 72.0% | 84.8% | 83.3% | 84.9% |
| 2010–14 | 75.9% | 86.4% | 85.4% | 86.1% |
| 2015–19 | 79.4% | 87.8% | 87.6% | 87.7% |
| 2020–24 | 80.2% | 89.2% | 89.9% | 89.3% |
| Change | +8.2 pts | +4.4 pts | +6.6 pts | +4.3 pts |
About one in five adults in ZIP 38114 never finished high school, well above the national share: only 80.2% have a diploma or equivalent, against 89.3% nationally. Since 2006–10, the share with a diploma has risen 8.2 points, as it has nationally. Only ten of the 298 Tennessee ZIP codes with 5,000+ people have a lower 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 38114
| Period | ZIP 38114 | Memphis area | Tennessee | U.S. |
|---|---|---|---|---|
| 2006–10 | 22.7% | 10.1% | 8.6% | 8.1% |
| 2010–14 | 24.7% | 11.0% | 9.6% | 9.4% |
| 2015–19 | 16.4% | 7.1% | 5.4% | 5.6% |
| 2020–24 | 15.4% | 6.9% | 4.8% | 5.4% |
| Change | −7.3 pts | −3.2 pts | −3.8 pts | −2.7 pts |
Finding work has been harder in ZIP 38114: 15.4% of the labor force was out of work and looking, well above the national rate of 5.4%. Only two of the 298 Tennessee ZIP codes with 5,000+ people have higher unemployment. Unemployment has fallen 7.3 points since 2006–10, in line with the national trend.
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 38114 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 38114 | 2.29 | 39.3 | 23.8% | 54.4% | 22.9% | 1955 | $939 | 14.4% | 80.2% | 15.4% |
| ZIP 38132 | 2.80 | 33.7 | 25.7% | 37.9% | 6.3% | 1965 | $1,044 | 25.3% | 69.5% | 4.6% |
| ZIP 38111 | 2.60 | 33.8 | 13.1% | 54.7% | 11.2% | 1959 | $1,199 | 36.7% | 88.4% | 8.7% |
| ZIP 38131 | 2.81 | 33.7 | 25.9% | 37.9% | 6.2% | 1965 | $1,041 | 25.2% | 70.7% | 4.5% |
| 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 38152 | 1.67 | 25.9 | 5.6% | 73.4% | 13.6% | 1979 | $1,007 | 84.0% | 98.9% | 6.8% |
| ZIP 38112 | 2.64 | 31.9 | 18.1% | 48.6% | 12.1% | 1951 | $1,108 | 35.8% | 84.7% | 10.3% |
| ZIP 38126 | 2.12 | 32.5 | 32.3% | 86.9% | 14.1% | 1978 | $774 | 19.2% | 81.9% | 12.4% |
| ZIP 38105 | 1.89 | 38.7 | 12.2% | 83.7% | 20.7% | 1968 | $1,087 | 27.6% | 85.7% | 8.1% |
| ZIP 38117 | 2.37 | 39.6 | 11.8% | 26.8% | 6.7% | 1961 | $1,553 | 59.9% | 94.6% | 3.3% |
All figures 2020–24.
Zip codes with similar populations: 02021, MA · 98371, WA · 98362, WA · 94024, CA · 92344, CA · 81401, CO · 78503, TX · 77586, TX · 76148, TX · 75240, TX
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 38114. 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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