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ZIP CODE TABULATION AREA

38016

Tennessee · 44,136 residents · 18.1 sq mi
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With 44,136 people, ZIP 38016 is a ZIP code in Shelby County. Owners hold 55% of the housing stock. Density works out to 2,437 people per square mile. That is roughly 20% ahead of the Shelby County median. About 41% of adults have finished a four-year degree. The typical home is worth $282,800. Among the 32 ZIP codes in Shelby County, 38016 ranks 12th by median household income.

$76,569
US average: $82,259
$39,627
US average: $44,673
$282,800
US average: $376,019
40.8%
US average: 35.6%
Land area
18.1 sq mi
Age, sex & households
Under 18
21.2%
Age 65+
14.0%
46.3%
53.7%
2.38 people
Race & ethnicity · 2024
2024
White, non-Hispanic28.5%(12,570)
Black54.3%(23,944)
Hispanic / Latino7.3%(3,223)
Asian4.3%(1,884)
Other5.7%(2,515)
77
Our index, 0 to 100. Higher means a more even mix of racial and ethnic groups.
Housing
3.7
Years of local income it takes to buy a local home, on a scale of about 0 to 15. Lower is more affordable.
Within Shelby County
Income rank vs other ZIPs
LOWEST12TH OF 32HIGHEST
Adjacent ZIPs
38002$116,895
38017$138,677
38018$90,004
Frequently asked

How many people live in ZIP code 38016?

ZIP code 38016 has about 44,136 residents according to the 2024 American Community Survey.

What is the median household income in ZIP code 38016?

The typical household in ZIP code 38016 earns about $76,569 a year. Half of households make more than that, and half make less.

Is ZIP code 38016 expensive?

In ZIP code 38016, the median home is worth about $282,800, and the typical rent is about $1,595 a month.

How educated are people in ZIP code 38016?

About 40.8% of adults age 25 and over in ZIP code 38016 hold a bachelor's degree or higher.

What is the poverty rate in ZIP code 38016?

About 9.8% of people in ZIP code 38016 live below the federal poverty line.

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DATA: US CENSUS BUREAU ACS 5-YEAR · ZCTA · UPDATED 2024