Population 39,953 · Census ACS 2020–24
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Population and households in ZIP 38116
Household size in ZIP 38116
| Period | ZIP 38116 | Memphis area | Tennessee | U.S. |
|---|---|---|---|---|
| 2006–10 | 2.80 | 2.72 | 2.53 | 2.68 |
| 2010–14 | 2.90 | 2.74 | 2.57 | 2.73 |
| 2015–19 | 2.76 | 2.70 | 2.57 | 2.71 |
| 2020–24 | 2.66 | 2.65 | 2.53 | 2.65 |
| Change | −0.14 | −0.06 | +0.00 | −0.03 |
At 2.66 people per household, ZIP 38116 sits close to the national average of 2.65. Household size has dropped from 2.80 in 2006–10, a much bigger shift than nationally. The biggest households, usually families with children, are concentrated in the southwest.
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 38116
| Period | ZIP 38116 | Memphis area | Tennessee | U.S. |
|---|---|---|---|---|
| 2006–10 | 34.1 | 35.8 | 38.3 | 37.7 |
| 2010–14 | 32.1 | 36.7 | 39.2 | 38.6 |
| 2015–19 | 37.2 | 37.6 | 39.9 | 39.6 |
| 2020–24 | 36.9 | 37.7 | 39.9 | 40.1 |
| Change | +2.8 | +1.9 | +1.6 | +2.3 |
ZIP 38116 is younger than the country as a whole: its median age is 36.9, against 40.1 nationally. The median age has climbed from 34.1 in 2006–10, in line with the national trend. The youngest areas are in the northeast, the oldest in the south.
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 38116
| Period | ZIP 38116 | Memphis area | Tennessee | U.S. |
|---|---|---|---|---|
| 2006–10 | 27.4% | 17.3% | 12.2% | 12.3% |
| 2010–14 | 25.3% | 16.4% | 12.0% | 12.3% |
| 2015–19 | 23.8% | 15.6% | 11.6% | 11.6% |
| 2020–24 | 25.9% | 16.3% | 11.8% | 11.6% |
| Change | −1.5 pts | −0.9 pts | −0.4 pts | −0.6 pts |
Single parents head just over a quarter of households in ZIP 38116 (25.9%), well above the national share of 11.6%. The single-parent share has edged down 1.5 points since 2006–10, as it has nationally. Only five 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 38116
Renters in ZIP 38116
| Period | ZIP 38116 | Memphis area | Tennessee | U.S. |
|---|---|---|---|---|
| 2006–10 | 47.4% | 34.7% | 30.4% | 33.3% |
| 2010–14 | 50.8% | 37.9% | 32.9% | 35.6% |
| 2015–19 | 51.1% | 40.0% | 33.7% | 36.0% |
| 2020–24 | 56.9% | 39.5% | 33.1% | 34.8% |
| Change | +9.5 pts | +4.8 pts | +2.6 pts | +1.5 pts |
Renters far outnumber owners in ZIP 38116: 56.9% of households rent their homes, against 34.8% nationally. Among homeowners, 49.8% have no mortgage at all, above the national share of 39.8%. The renter share is up 9.5 points from 2006–10, a much bigger shift than nationally. Of the 298 Tennessee ZIP codes with 5,000+ people, only 20 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 38116
| Period | ZIP 38116 | Memphis area | Tennessee | U.S. |
|---|---|---|---|---|
| 2006–10 | 22.5% | 12.1% | 11.5% | 11.4% |
| 2010–14 | 19.9% | 11.7% | 11.8% | 11.4% |
| 2015–19 | 18.3% | 11.6% | 11.8% | 11.1% |
| 2020–24 | 15.3% | 9.8% | 10.1% | 9.6% |
| Change | −7.2 pts | −2.3 pts | −1.4 pts | −1.8 pts |
Vacant homes make up 15.3% of the housing in ZIP 38116, 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. Vacancy is down 7.2 points from 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 38116
| Period | ZIP 38116 | Memphis area | Tennessee | U.S. |
|---|---|---|---|---|
| 2006–10 | 1967 | 1980 | 1981 | 1974 |
| 2010–14 | 1968 | 1981 | 1982 | 1975 |
| 2015–19 | 1967 | 1981 | 1983 | 1977 |
| 2020–24 | 1967 | 1983 | 1986 | 1980 |
| Change | +0 | +3 | +6 | +6 |
ZIP 38116 is a place of older homes: half were built before 1967, while the national median is 1980. That means established neighborhoods, and more houses that may need updating. Only 18 of the 298 Tennessee ZIP codes with 5,000+ people 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 38116
| Period | ZIP 38116 | Memphis area | Tennessee | U.S. |
|---|---|---|---|---|
| 2006–10 | $717 | $912 | $761 | $965 |
| 2010–14 | $878 | $991 | $837 | $1,040 |
| 2015–19 | $890 | $1,080 | $961 | $1,213 |
| 2020–24 | $1,146 | $1,428 | $1,286 | $1,571 |
| Change | +$429 | +$516 | +$526 | +$606 |
The median renter in ZIP 38116 pays $1,146 a month for rent and utilities, well below the national median of $1,571. Rents are up $429 a month from 2006–10, a 60% rise, a slower climb than the nation's. Rent takes 39.7% of the typical renter's income, well over the 30% mark often used to define affordable rent, so many renters here are stretched. Rents run highest in the southwest and lowest in the east.
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 38116
Bachelor's degrees in ZIP 38116
| Period | ZIP 38116 | Memphis area | Tennessee | U.S. |
|---|---|---|---|---|
| 2006–10 | 15.9% | 25.5% | 23.9% | 28.4% |
| 2010–14 | 15.5% | 26.6% | 25.3% | 29.6% |
| 2015–19 | 15.9% | 28.0% | 27.9% | 32.1% |
| 2020–24 | 21.4% | 30.5% | 31.4% | 35.6% |
| Change | +5.5 pts | +5.0 pts | +7.5 pts | +7.2 pts |
College degrees are relatively uncommon in ZIP 38116: 21.4% of adults 25 and older hold a bachelor's or higher, well below the national share of 35.6%. The share with a degree is up 5.5 points from 2006–10, mirroring the country. College graduates are most concentrated in the southwest and least in the northeast.
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 38116
| Period | ZIP 38116 | Memphis area | Tennessee | U.S. |
|---|---|---|---|---|
| 2006–10 | 83.6% | 84.8% | 83.3% | 84.9% |
| 2010–14 | 85.4% | 86.4% | 85.4% | 86.1% |
| 2015–19 | 86.2% | 87.8% | 87.6% | 87.7% |
| 2020–24 | 86.6% | 89.2% | 89.9% | 89.3% |
| Change | +3.0 pts | +4.4 pts | +6.6 pts | +4.3 pts |
Just over one in eight adults in ZIP 38116 never finished high school, a bit more than nationally: 86.6% have a diploma or equivalent, against 89.3% across the U.S. The share with a diploma is up 3.0 points from 2006–10, as it has nationally.
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 38116
| Period | ZIP 38116 | Memphis area | Tennessee | U.S. |
|---|---|---|---|---|
| 2006–10 | 15.7% | 10.1% | 8.6% | 8.1% |
| 2010–14 | 16.8% | 11.0% | 9.6% | 9.4% |
| 2015–19 | 12.1% | 7.1% | 5.4% | 5.6% |
| 2020–24 | 13.7% | 6.9% | 4.8% | 5.4% |
| Change | −2.1 pts | −3.2 pts | −3.8 pts | −2.7 pts |
Unemployment in ZIP 38116 runs well above the national rate: 13.7% of the labor force was out of work and looking, against 5.4%. Only four of the 298 Tennessee ZIP codes with 5,000+ people have higher unemployment. Since 2006–10, unemployment has fallen 2.1 points, 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 38116 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 38116 | 2.66 | 36.9 | 25.9% | 56.9% | 15.3% | 1967 | $1,146 | 21.4% | 86.6% | 13.7% |
| ZIP 38131 | 2.81 | 33.7 | 25.9% | 37.9% | 6.2% | 1965 | $1,041 | 25.2% | 70.7% | 4.5% |
| ZIP 38132 | 2.80 | 33.7 | 25.7% | 37.9% | 6.3% | 1965 | $1,044 | 25.3% | 69.5% | 4.6% |
| ZIP 38109 | 2.66 | 39.0 | 23.3% | 44.7% | 11.1% | 1968 | $1,055 | 14.5% | 87.3% | 15.3% |
| ZIP 38671 | 2.63 | 34.6 | 19.3% | 36.2% | 9.0% | 1991 | $1,482 | 22.3% | 91.1% | 3.2% |
| ZIP 38114 | 2.29 | 39.3 | 23.8% | 54.4% | 22.9% | 1955 | $939 | 14.4% | 80.2% | 15.4% |
| ZIP 38106 | 2.59 | 39.7 | 19.8% | 59.5% | 24.3% | 1955 | $953 | 12.2% | 82.1% | 23.4% |
| ZIP 38118 | 3.04 | 29.2 | 26.5% | 60.1% | 19.0% | 1972 | $1,281 | 12.0% | 78.1% | 9.0% |
| ZIP 38637 | 2.66 | 34.2 | 20.5% | 39.9% | 7.8% | 1990 | $1,459 | 15.8% | 86.6% | 5.3% |
| ZIP 38111 | 2.60 | 33.8 | 13.1% | 54.7% | 11.2% | 1959 | $1,199 | 36.7% | 88.4% | 8.7% |
| ZIP 38126 | 2.12 | 32.5 | 32.3% | 86.9% | 14.1% | 1978 | $774 | 19.2% | 81.9% | 12.4% |
All figures 2020–24.
Zip codes with similar populations: 48060, MI · 95826, CA · 44118, OH · 44134, OH · 95695, CA · 95691, CA · 45385, OH · 95688, CA · 46123, IN · 95382, CA
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 38116. 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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