The ZIP Code 38104 is associated with the city of Memphis in Tennessee in Shelby County in the U.S. It is estimated that about 48.7% of residents in this Tennessee region hold a bachelor's degree or higher, while the per capita income is approximately $40,153. The median age in the 38104 ZIP Code is 38.5 years, with 19.4% of residents aged 62 years and older. Median househould income is approximately $41,696, and an estimated 8% of the population is living below the poverty line. The current population estimate is 23,456.
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Looking at race in the population that makes up ZIP Code 38104, 97.4% is one race, while 2.6% are two or more races. Approximately 4.0% of 38104 residents are hispanic or Latino (of any race). The most common race in 38104 (race alone or in combination with one or more other races), is White (67.9%), followed by Black or African American (27.8%) .
| Industry | Percent |
|---|---|
| White | 67.9% |
| Black or African American | 27.8% |
| American Indian and Alaska Native | 1.4% |
| Asian | 4.0% |
| Native Hawaiian and Other Pacific Islander | 0.0% |
| Some other race | 1.7% |
The median household income in ZIP Code 38104 is $41,696, while the region's mean household income is $72,228. Breaking income down further, per capita income in the region is $40,153. The per capita income in ZIP Code 38104 of $40,153 is approximately 34.48% more than the per capita income in Tennessee overall of $29,859. An estimated 7.7% of the population is living below the poverty line in this region. This rate is approximately 18.95% lower than the overall poverty rate in the U.S. of 9.5%. Regarding household income, approximately 14.2% of the population in 38104 earn $50,000 to $74,999 per year, while an estimated 13.5% earn $35,000 to $49,999 per year, and 4.4% of 38104 residents earn $150,000 to $199,999 per year.
| Household Income | Percent |
|---|---|
| Less than $10,000 per year | 12.3% |
| $10,000 to $14,999 per year | 8.0% |
| $15,000 to $24,999 per year | 12.6% |
| $25,000 to $34,999 per year | 10.1% |
| $35,000 to $49,999 per year | 13.5% |
| $50,000 to $74,999 per year | 14.2% |
| $75,000 to $99,999 per year | 8.6% |
| $100,000 to $149,999 per year | 9.2% |
| $150,000 to $199,999 per year | 4.4% |
| $200,000 or more per year | 7.0% |
In ZIP Code 38104, 90.4% of the population graduated high school, while 48.7% have a bachelor's degree or higher. In this region, 2.7% achieved an education level less than 9th grade, while 20.3% hold a graduate or professional degree. Approximately 17.4% in this Shelby County region reached the highest level of high school graduate (including equivalency).
| Education Level | Percent |
|---|---|
| Less than 9th grade | 2.7% |
| 9th to 12th grade, no diploma | 7.0% |
| High school graduate (includes equivalency) | 17.4% |
| Some college, no degree | 19.1% |
| Associate's degree | 5.1% |
| Bachelor's degree | 28.4% |
| Graduate or professional degree | 20.3% |
Residents of ZIP Code 38104 are older than average. The median age of 38.5 years in ZIP Code 38104 is approximately 1.05% higher than the overall median age in the U.S. of 38.1 years. About 88.6% of residents are aged 18 years and older, and 19.4% of residents are 62 years and over. Approximately 21.2% of the population in 38104 falls in the age group 25 to 34 years, while an estimated 13.4% are aged 35 to 44 years. On the low end of the scale, 1.3% of 38104 residents are aged 85 years and over.
| Age Range | Percent |
|---|---|
| Under 5 years | 4.2% |
| 5 to 9 years | 2.6% |
| 10 to 14 years | 2.9% |
| 15 to 19 years | 4.0% |
| 20 to 24 years | 9.9% |
| 25 to 34 years | 21.2% |
| 35 to 44 years | 13.4% |
| 45 to 54 years | 12.0% |
| 55 to 59 years | 6.9% |
| 60 to 64 years | 7.7% |
| 65 to 74 years | 10.1% |
| 75 to 84 years | 3.7% |
| 85 years and over | 1.3% |
In ZIP Code 38104, 92.0% of the population lists "English only" as the language spoken in home, while 3.7% of lists Spanish. Additionally, Asian and Pacific Islander languages are spoken in 2.3% of homes, and other Indo-European languages are spoken in 1.5% of homes. Lastly, 0.5% 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 | 92.0% |
| Spanish | 3.7% |
| Other Indo-European languages | 2.3% |
| Asian and Pacific Islander languages | 1.5% |
| Other languages | 0.5% |
The median home value in ZIP Code 38104 in January 2025 comes in at $277,166. The January 2025 value is approximately -2% lower than the $281,858 median value in August 2024, and -3% lower than the $285,832 median value in February 2024. Regarding the age of homes in ZIP Code 38104, an estimated 45.1% of homes were built in 1939 or earlier. Additionally, 13.1% of homes in the region were built between 1950 and 1959, while an estimated 0.6% of homes were built between 2010 and 2013 in this Shelby County region.
| Month | Home value |
|---|---|
| Jan 2025 | $277,166 |
| Dec 2024 | $276,678 |
| Nov 2024 | $276,745 |
| Oct 2024 | $277,487 |
| Sep 2024 | $279,251 |
| Aug 2024 | $281,858 |
| Jul 2024 | $284,689 |
| Jun 2024 | $287,033 |
| May 2024 | $288,237 |
| Apr 2024 | $288,094 |
| Mar 2024 | $286,934 |
| Feb 2024 | $285,832 |
| Year Home Built | Percent |
|---|---|
| Built in 2014 or later | 0.8% |
| Built between 2010 and 2013 | 0.6% |
| Built between 2000 and 2009 | 6.9% |
| Built between 1990 and 1999 | 3.1% |
| Built between 1980 and 1989 | 3.7% |
| Built between 1970 and 1979 | 7.7% |
| Built between 1960 and 1969 | 9.6% |
| Built between 1950 and 1959 | 13.1% |
| Built between 1940 and 1949 | 9.3% |
| Built in 1939 or earlier | 45.1% |
In 38104, 68.4% of the population is in the labor force. Recent estimates place 5.0% as working from home, while the total labor force in the region has a mean travel to time to work of 19.0 minutes. Approximately 29.8% of the employed population 16 years and over in 38104 work in educational services, and health care and social assistance, while an estimated 13.4% work in arts, entertainment, and recreation, and accommodation and food services. On the lower end of the scale, just 0.2% of 38104 workers 16 years and over work in agriculture, forestry, fishing and hunting, and mining.
| Industry | Percent |
|---|---|
| Agriculture, forestry, fishing and hunting, and mining | 0.2% |
| Construction | 4.3% |
| Manufacturing | 6.9% |
| Wholesale trade | 1.6% |
| Retail trade | 8.7% |
| Transportation and warehousing, and utilities | 8.2% |
| Information | 2.4% |
| Finance and insurance, and real estate and rental and leasing | 4.9% |
| Professional, scientific, management, and administrative | 12.4% |
| Educational services, and health care and social assistance | 29.8% |
| Arts, entertainment, and recreation, and accommodation and food services | 13.4% |
| Other services, except public administration | 4.9% |
| Public administration | 2.4% |
| Health Issue | Percent of adults* |
|---|
One of the top preventative health measures in ZIP Code 38104 is current access to health insurance, as an estimated 90.5% of adults 18 and older take part in this preventive measure. Additionally, % of those 18 and above in 38104 list , as a preventive measure.
| Preventive Measure | Percent of adults* |
|---|---|
| Current access to health insurance | 90.5% |
| Risk Behavior | Percent of adults* |
|---|
Regarding solar power potential, ZIP Code 38104 has an average daily solar radiation level of 5.22 kWh/m2/day. This is approximately 26.7% greater than an area in the U.S. with historically low solar radiation levels (WA), and about 20.79% less than an area in the U.S. with historically high solar radiation levels (AZ).
| Region | Residential | Commercial | Industrial |
|---|---|---|---|
| ZIP Code 38104 | 9.89¢/kWh | 10.68¢/kWh | 11.36¢/kWh |
| Tennessee | 13.47¢/kWh | 12.72¢/kWh | 6.43¢/kWh |
| United States | 17.78¢/kWh | 13.19¢/kWh | 8.44¢/kWh |
| Month | ZIP Code 38104 | Low (WA) | High (AZ) |
|---|---|---|---|
| Jan | 4.09 | 1.9 | 5.84 |
| Feb | 4.41 | 3 | 6.31 |
| Mar | 5.41 | 3.65 | 7.02 |
| Apr | 5.77 | 5.13 | 7.3 |
| May | 5.61 | 5.17 | 7.13 |
| Jun | 5.81 | 5.72 | 6.95 |
| Jul | 5.88 | 6.22 | 6.51 |
| Aug | 6.1 | 6.08 | 6.65 |
| Sep | 5.94 | 5.15 | 7.02 |
| Oct | 5.29 | 3.32 | 6.92 |
| Nov | 4.65 | 2.33 | 5.99 |
| Dec | 3.73 | 1.78 | 5.46 |