ZIP Code 38016

ZIP Code Tabulation Area in Shelby County, Tennessee.

Population: 44,390
Median household income: $75,719
Median home value: $261,700

ZIP Code 38016 is a ZIP Code Tabulation Area in Shelby County, Tennessee, home to about 44,390 residents. Its median household income of $75,719 runs above the Shelby County figure of $62,337.

Between 2019 and 2023, ZIP Code 38016's population declined 8.1% from 48,325 to 44,390, while its median gross rent rose 22.9% from $1,145 to $1,407.

41.5% of adults 25 and older hold a bachelor's degree or higher. Owners occupy 59.1% of the area's occupied homes.

Demographics

ACS 2019–2023

Population: 44,390
Median age: 37.5 yrs
Median household income: $75,719
Median home value: $261,700
Median gross rent: $1,407
Housing units: 20,218
Homeownership rate: 59.1%
Bachelor's degree or higher: 41.5%
Unemployment rate: 5.5%

Trends

ACS 5-year · 2019–2023

Population

48,32544,390

Median household income

$67,041$75,719

Median home value

$176,200$261,700

Median gross rent

$1,145$1,407

Year	Population	Median household income	Median home value	Median gross rent
2019	48,325	$67,041	$176,200	$1,145
2020	45,424	$63,054	$179,100	$1,151
2021	45,170	$66,480	$190,400	$1,178
2022	46,394	$72,749	$232,200	$1,351
2023	44,390	$75,719	$261,700	$1,407

Each year is a US Census Bureau ACS 5-year estimate ending that year.

Age distribution

Under 56.3%

5 to 1715.3%

18 to 249.9%

25 to 3416.9%

35 to 4413.4%

45 to 5412.3%

55 to 6412.5%

65 to 748.7%

75 and over4.8%

	Count	Share
Under 5	2,780	6.3%
5 to 17	6,782	15.3%
18 to 24	4,383	9.9%
25 to 34	7,494	16.9%
35 to 44	5,961	13.4%
45 to 54	5,451	12.3%
55 to 64	5,535	12.5%
65 to 74	3,876	8.7%
75 and over	2,128	4.8%

Race & ethnicity

	Count	Share
White (non-Hispanic)	13,653	30.8%
Black or African American	23,409	52.7%
American Indian & Alaska Native	21	0.0%
Asian	2,144	4.8%
Native Hawaiian & Pacific Islander	145	0.3%
Some other race	63	0.1%
Two or more races	1,844	4.2%
Hispanic or Latino (any race)	3,111	7.0%

Educational attainment (age 25+)

No high school diploma4.5%

High school graduate21.7%

Some college or associate's32.4%

Bachelor's degree24.6%

Graduate or professional degree16.9%

	Count	Share
No high school diploma	1,369	4.5%
High school graduate	6,593	21.7%
Some college or associate's	9,856	32.4%
Bachelor's degree	7,476	24.6%
Graduate or professional degree	5,151	16.9%

Commute to work

Mean travel time to work: 25 min

Drove alone79.6%

Carpooled9.3%

Public transit0.0%

Walked0.5%

Bicycle0.0%

Worked from home9.1%

Other means1.3%

How workers get to work

	Count	Share
Drove alone	19,006	79.6%
Carpooled	2,228	9.3%
Public transit	0	0.0%
Walked	131	0.5%
Bicycle	0	0.0%
Worked from home	2,183	9.1%
Other means	319	1.3%

Travel time

	Count	Share
Under 15 min	4,006	18.5%
15 to 29 min	9,487	43.8%
30 to 44 min	6,400	29.5%
45 to 59 min	1,026	4.7%
60+ min	765	3.5%

Households

Average household size: 2.41
Poverty rate: 9.9% (4,385 of 44,271)

	Count	Share
Family households	10,894	59.3%
Nonfamily households	7,471	40.7%

Housing

Median year structure built: 1997

Occupancy

	Count	Share
Occupied	18,365	90.8%
Vacant	1,853	9.2%

Tenure (of occupied units)

	Count	Share
Owner-occupied	10,851	59.1%
Renter-occupied	7,514	40.9%

1-unit, detached59.5%

1-unit, attached7.1%

2 to 4 units6.0%

5 to 19 units23.8%

20 or more units3.1%

Mobile home & other0.6%

Units in structure

	Count	Share
1-unit, detached	12,028	59.5%
1-unit, attached	1,428	7.1%
2 to 4 units	1,203	6.0%
5 to 19 units	4,817	23.8%
20 or more units	622	3.1%
Mobile home & other	120	0.6%

ZIP Code 38016

Demographics

Trends

Age distribution

Race & ethnicity

Educational attainment (age 25+)

Commute to work

Households

Housing

Geography

Counties this ZIP covers

Compare with nearby ZIP codes

National ZIP rankings

Nearby ZIP codes