The ZIP Code 38017 is associated with the city of Collierville in Tennessee in Shelby County in the U.S. It is estimated that about 56.1% of residents in this Tennessee region hold a bachelor's degree or higher, while the per capita income is approximately $48,901. Median househould income in this ZIP sits at $110,873, and approximately 3% of the population lives below the poverty line. The median age in ZIP Code 38017 is approximately 39.7 years, and 18.3% of the region's residents are aged 62 years and older. The current population estimate is 55,073.
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Looking at race in the population that makes up ZIP Code 38017, 97.3% is one race, while 2.7% are two or more races. Approximately 2.3% of 38017 residents are hispanic or Latino (of any race). The most common race in 38017 (race alone or in combination with one or more other races), is White (74.3%), followed by Black or African American (16.2%) .
| Industry | Percent |
|---|---|
| White | 74.3% |
| Black or African American | 16.2% |
| American Indian and Alaska Native | 0.7% |
| Asian | 10.4% |
| Native Hawaiian and Other Pacific Islander | 0.1% |
| Some other race | 1.0% |
The median household income in ZIP Code 38017 is $110,873, while the region's mean household income is $139,683. Breaking income down further, per capita income in the region is $48,901. The per capita income in ZIP Code 38017 of $48,901 is approximately 63.77% more than the per capita income in Tennessee overall of $29,859. An estimated 2.6% of the population is living below the poverty line in this region. This rate is approximately 72.63% lower than the overall poverty rate in the U.S. of 9.5%. Regarding household income, approximately 23.1% of the population in 38017 earn $100,000 to $149,999 per year, while an estimated 17.9% earn $200,000 or more per year, and 1.0% of 38017 residents earn $10,000 to $14,999 per year.
| Household Income | Percent |
|---|---|
| Less than $10,000 per year | 2.7% |
| $10,000 to $14,999 per year | 1.0% |
| $15,000 to $24,999 per year | 2.8% |
| $25,000 to $34,999 per year | 2.7% |
| $35,000 to $49,999 per year | 6.1% |
| $50,000 to $74,999 per year | 15.2% |
| $75,000 to $99,999 per year | 14.9% |
| $100,000 to $149,999 per year | 23.1% |
| $150,000 to $199,999 per year | 13.6% |
| $200,000 or more per year | 17.9% |
In ZIP Code 38017, 96.0% of the population graduated high school, while 56.1% have a bachelor's degree or higher. In this region, 1.3% achieved an education level less than 9th grade, while 22.3% hold a graduate or professional degree. Approximately 15.3% in this Shelby County region reached the highest level of high school graduate (including equivalency).
| Education Level | Percent |
|---|---|
| Less than 9th grade | 1.3% |
| 9th to 12th grade, no diploma | 2.8% |
| High school graduate (includes equivalency) | 15.3% |
| Some college, no degree | 18.4% |
| Associate's degree | 6.1% |
| Bachelor's degree | 33.8% |
| Graduate or professional degree | 22.3% |
Residents of ZIP Code 38017 are older than average. The median age of 39.7 years in ZIP Code 38017 is approximately 4.2% higher than the overall median age in the U.S. of 38.1 years. About 74.2% of residents are aged 18 years and older, and 18.3% of residents are 62 years and over. Approximately 15.4% of the population in 38017 falls in the age group 45 to 54 years, while an estimated 13.3% are aged 35 to 44 years. On the low end of the scale, 1.5% of 38017 residents are aged 85 years and over.
| Age Range | Percent |
|---|---|
| Under 5 years | 6.3% |
| 5 to 9 years | 6.6% |
| 10 to 14 years | 7.9% |
| 15 to 19 years | 6.9% |
| 20 to 24 years | 5.0% |
| 25 to 34 years | 11.5% |
| 35 to 44 years | 13.3% |
| 45 to 54 years | 15.4% |
| 55 to 59 years | 6.1% |
| 60 to 64 years | 7.3% |
| 65 to 74 years | 8.7% |
| 75 to 84 years | 3.6% |
| 85 years and over | 1.5% |
In ZIP Code 38017, 89.1% of the population lists "English only" as the language spoken in home, while 1.2% of lists Spanish. Additionally, Asian and Pacific Islander languages are spoken in 3.5% of homes, and other Indo-European languages are spoken in 5.4% of homes. Lastly, 0.8% of homes list "other languages" as spoken in the home. All percentages referenced are for the population 5 years and older in this Shelby County region.
| Language Spoken | Percent |
|---|---|
| English only | 89.1% |
| Spanish | 1.2% |
| Other Indo-European languages | 3.5% |
| Asian and Pacific Islander languages | 5.4% |
| Other languages | 0.8% |
The median home value in ZIP Code 38017 in January 2025 comes in at $496,438. The January 2025 value is approximately 0% higher than the $494,004 median value in August 2024, and 2% higher than the $488,267 median value in February 2024. Regarding the age of homes in ZIP Code 38017, an estimated 32.2% of homes were built between 1990 and 1999. Additionally, 25.9% of homes in the region were built between 2000 and 2009, while an estimated 0.8% of homes were built between 1940 and 1949 in this Shelby County region.
| Month | Home value |
|---|---|
| Jan 2025 | $496,438 |
| Dec 2024 | $495,523 |
| Nov 2024 | $494,493 |
| Oct 2024 | $493,674 |
| Sep 2024 | $493,447 |
| Aug 2024 | $494,004 |
| Jul 2024 | $494,962 |
| Jun 2024 | $495,647 |
| May 2024 | $495,173 |
| Apr 2024 | $493,225 |
| Mar 2024 | $490,445 |
| Feb 2024 | $488,267 |
| Year Home Built | Percent |
|---|---|
| Built in 2014 or later | 5.7% |
| Built between 2010 and 2013 | 6.5% |
| Built between 2000 and 2009 | 25.9% |
| Built between 1990 and 1999 | 32.2% |
| Built between 1980 and 1989 | 16.2% |
| Built between 1970 and 1979 | 7.4% |
| Built between 1960 and 1969 | 2.3% |
| Built between 1950 and 1959 | 1.8% |
| Built between 1940 and 1949 | 0.8% |
| Built in 1939 or earlier | 1.3% |
In 38017, 67.2% of the population is in the labor force. Recent estimates place 4.9% as working from home, while the total labor force in the region has a mean travel to time to work of 25.6 minutes. Approximately 21.8% of the employed population 16 years and over in 38017 work in educational services, and health care and social assistance, while an estimated 14.9% work in transportation and warehousing, and utilities. On the lower end of the scale, just 0.6% of 38017 workers 16 years and over work in agriculture, forestry, fishing and hunting, and mining.
| Industry | Percent |
|---|---|
| Agriculture, forestry, fishing and hunting, and mining | 0.6% |
| Construction | 3.2% |
| Manufacturing | 11.1% |
| Wholesale trade | 3.2% |
| Retail trade | 9.6% |
| Transportation and warehousing, and utilities | 14.9% |
| Information | 1.5% |
| Finance and insurance, and real estate and rental and leasing | 7.3% |
| Professional, scientific, management, and administrative | 9.4% |
| Educational services, and health care and social assistance | 21.8% |
| Arts, entertainment, and recreation, and accommodation and food services | 8.6% |
| Other services, except public administration | 5.5% |
| Public administration | 3.4% |
| Health Issue | Percent of adults* |
|---|
One of the top preventative health measures in ZIP Code 38017 is current access to health insurance, as an estimated 93.4% of adults 18 and older take part in this preventive measure. Additionally, % of those 18 and above in 38017 list , as a preventive measure.
| Preventive Measure | Percent of adults* |
|---|---|
| Current access to health insurance | 93.4% |
| Risk Behavior | Percent of adults* |
|---|
Regarding solar power potential, ZIP Code 38017 has an average daily solar radiation level of 5.19 kWh/m2/day. This is approximately 25.97% greater than an area in the U.S. with historically low solar radiation levels (WA), and about 21.24% less than an area in the U.S. with historically high solar radiation levels (AZ).
| Region | Residential | Commercial | Industrial |
|---|---|---|---|
| ZIP Code 38017 | 9.89¢/kWh | 10.68¢/kWh | 11.36¢/kWh |
| Tennessee | 12.87¢/kWh | 12.62¢/kWh | 6.24¢/kWh |
| United States | 17.24¢/kWh | 13.63¢/kWh | 8.53¢/kWh |
| Month | ZIP Code 38017 | Low (WA) | High (AZ) |
|---|---|---|---|
| Jan | 4.04 | 1.9 | 5.84 |
| Feb | 4.39 | 3 | 6.31 |
| Mar | 5.26 | 3.65 | 7.02 |
| Apr | 5.49 | 5.13 | 7.3 |
| May | 5.49 | 5.17 | 7.13 |
| Jun | 5.89 | 5.72 | 6.95 |
| Jul | 5.68 | 6.22 | 6.51 |
| Aug | 5.95 | 6.08 | 6.65 |
| Sep | 5.91 | 5.15 | 7.02 |
| Oct | 5.81 | 3.32 | 6.92 |
| Nov | 4.7 | 2.33 | 5.99 |
| Dec | 3.71 | 1.78 | 5.46 |