The ZIP Code 38117 is associated with the city of Memphis in Tennessee in Shelby County in the U.S. It is estimated that about 56.5% of residents in this Tennessee region hold a bachelor's degree or higher, while the per capita income is approximately $51,316. The median age in the 38117 ZIP Code is 40.0 years, with 21.9% of residents aged 62 years and older. Median househould income in this ZIP sits at $81,469, and approximately 5% of the population lives below the poverty line. The current population estimate is 26,296.
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Looking at race in the population that makes up ZIP Code 38117, 98.8% is one race, while 1.2% are two or more races. Approximately 4.5% of 38117 residents are hispanic or Latino (of any race). The most common race in 38117 (race alone or in combination with one or more other races), is White (87.1%), followed by Black or African American (9.7%) .
| Industry | Percent |
|---|---|
| White | 87.1% |
| Black or African American | 9.7% |
| American Indian and Alaska Native | 0.5% |
| Asian | 1.9% |
| Native Hawaiian and Other Pacific Islander | 0.1% |
| Some other race | 2.0% |
The median household income in ZIP Code 38117 is $81,469, while the region's mean household income is $119,349. Breaking income down further, per capita income in the region is $51,316. The per capita income in ZIP Code 38117 of $51,316 is approximately 71.86% more than the per capita income in Tennessee overall of $29,859. An estimated 4.5% of the population is living below the poverty line in this region. This rate is approximately 52.63% lower than the overall poverty rate in the U.S. of 9.5%. Regarding household income, approximately 17.6% of the population in 38117 earn $50,000 to $74,999 per year, while an estimated 17.6% earn $100,000 to $149,999 per year, and 2.6% of 38117 residents earn $10,000 to $14,999 per year.
| Household Income | Percent |
|---|---|
| Less than $10,000 per year | 4.1% |
| $10,000 to $14,999 per year | 2.6% |
| $15,000 to $24,999 per year | 6.2% |
| $25,000 to $34,999 per year | 6.1% |
| $35,000 to $49,999 per year | 10.5% |
| $50,000 to $74,999 per year | 17.6% |
| $75,000 to $99,999 per year | 11.9% |
| $100,000 to $149,999 per year | 17.6% |
| $150,000 to $199,999 per year | 9.0% |
| $200,000 or more per year | 14.4% |
In ZIP Code 38117, 97.2% of the population graduated high school, while 56.5% have a bachelor's degree or higher. In this region, 1.5% achieved an education level less than 9th grade, while 24.2% hold a graduate or professional degree. Approximately 15.7% in this Shelby County region reached the highest level of high school graduate (including equivalency).
| Education Level | Percent |
|---|---|
| Less than 9th grade | 1.5% |
| 9th to 12th grade, no diploma | 1.3% |
| High school graduate (includes equivalency) | 15.7% |
| Some college, no degree | 20.9% |
| Associate's degree | 4.2% |
| Bachelor's degree | 32.2% |
| Graduate or professional degree | 24.2% |
Residents of ZIP Code 38117 are older than average. The median age of 40.0 years in ZIP Code 38117 is approximately 4.99% higher than the overall median age in the U.S. of 38.1 years. About 78.1% of residents are aged 18 years and older, and 21.9% of residents are 62 years and over. Approximately 15.4% of the population in 38117 falls in the age group 25 to 34 years, while an estimated 13.6% are aged 45 to 54 years. On the low end of the scale, 3.8% of 38117 residents are aged 85 years and over.
| Age Range | Percent |
|---|---|
| Under 5 years | 8.0% |
| 5 to 9 years | 5.8% |
| 10 to 14 years | 5.0% |
| 15 to 19 years | 4.3% |
| 20 to 24 years | 4.5% |
| 25 to 34 years | 15.4% |
| 35 to 44 years | 12.3% |
| 45 to 54 years | 13.6% |
| 55 to 59 years | 6.5% |
| 60 to 64 years | 6.7% |
| 65 to 74 years | 8.7% |
| 75 to 84 years | 5.4% |
| 85 years and over | 3.8% |
In ZIP Code 38117, 93.3% of the population lists "English only" as the language spoken in home, while 3.6% of lists Spanish. Additionally, Asian and Pacific Islander languages are spoken in 1.4% of homes, and other Indo-European languages are spoken in 1.2% 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 | 93.3% |
| Spanish | 3.6% |
| Other Indo-European languages | 1.4% |
| Asian and Pacific Islander languages | 1.2% |
| Other languages | 0.5% |
The median home value in ZIP Code 38117 in January 2025 comes in at $262,881. The January 2025 value is approximately -1% lower than the $265,135 median value in August 2024, and -1% lower than the $266,458 median value in February 2024. Regarding the age of homes in ZIP Code 38117, an estimated 55.9% of homes were built between 1950 and 1959. Additionally, 15.6% of homes in the region were built between 1960 and 1969, while an estimated 0.2% of homes were built between 2010 and 2013 in this Shelby County region.
| Month | Home value |
|---|---|
| Jan 2025 | $262,881 |
| Dec 2024 | $262,635 |
| Nov 2024 | $262,429 |
| Oct 2024 | $262,522 |
| Sep 2024 | $263,482 |
| Aug 2024 | $265,135 |
| Jul 2024 | $266,872 |
| Jun 2024 | $268,194 |
| May 2024 | $268,963 |
| Apr 2024 | $268,758 |
| Mar 2024 | $267,753 |
| Feb 2024 | $266,458 |
| Year Home Built | Percent |
|---|---|
| Built in 2014 or later | 0.3% |
| Built between 2010 and 2013 | 0.2% |
| Built between 2000 and 2009 | 3.7% |
| Built between 1990 and 1999 | 2.4% |
| Built between 1980 and 1989 | 6.5% |
| Built between 1970 and 1979 | 9.8% |
| Built between 1960 and 1969 | 15.6% |
| Built between 1950 and 1959 | 55.9% |
| Built between 1940 and 1949 | 3.6% |
| Built in 1939 or earlier | 2.0% |
In 38117, 66.3% of the population is in the labor force. Recent estimates place 4.6% as working from home, while the total labor force in the region has a mean travel to time to work of 18.8 minutes. Approximately 27.9% of the employed population 16 years and over in 38117 work in educational services, and health care and social assistance, while an estimated 13.4% work in professional, scientific, management, and administrative. On the lower end of the scale, just 0.3% of 38117 workers 16 years and over work in agriculture, forestry, fishing and hunting, and mining.
| Industry | Percent |
|---|---|
| Agriculture, forestry, fishing and hunting, and mining | 0.3% |
| Construction | 4.2% |
| Manufacturing | 7.4% |
| Wholesale trade | 4.6% |
| Retail trade | 6.4% |
| Transportation and warehousing, and utilities | 6.5% |
| Information | 2.5% |
| Finance and insurance, and real estate and rental and leasing | 9.8% |
| Professional, scientific, management, and administrative | 13.4% |
| Educational services, and health care and social assistance | 27.9% |
| Arts, entertainment, and recreation, and accommodation and food services | 8.0% |
| Other services, except public administration | 6.2% |
| Public administration | 2.9% |
| Health Issue | Percent of adults* |
|---|
One of the top preventative health measures in ZIP Code 38117 is current access to health insurance, as an estimated 91% of adults 18 and older take part in this preventive measure. Additionally, % of those 18 and above in 38117 list , as a preventive measure.
| Preventive Measure | Percent of adults* |
|---|---|
| Current access to health insurance | 91% |
| Risk Behavior | Percent of adults* |
|---|
Regarding solar power potential, ZIP Code 38117 has an average daily solar radiation level of 5.09 kWh/m2/day. This is approximately 23.54% greater than an area in the U.S. with historically low solar radiation levels (WA), and about 22.76% less than an area in the U.S. with historically high solar radiation levels (AZ).
| Region | Residential | Commercial | Industrial |
|---|---|---|---|
| ZIP Code 38117 | 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 38117 | Low (WA) | High (AZ) |
|---|---|---|---|
| Jan | 4.08 | 1.9 | 5.84 |
| Feb | 4.34 | 3 | 6.31 |
| Mar | 4.76 | 3.65 | 7.02 |
| Apr | 5.52 | 5.13 | 7.3 |
| May | 5.74 | 5.17 | 7.13 |
| Jun | 5.79 | 5.72 | 6.95 |
| Jul | 5.72 | 6.22 | 6.51 |
| Aug | 5.92 | 6.08 | 6.65 |
| Sep | 5.79 | 5.15 | 7.02 |
| Oct | 5.19 | 3.32 | 6.92 |
| Nov | 4.69 | 2.33 | 5.99 |
| Dec | 3.56 | 1.78 | 5.46 |