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Census ACS · ZIP Code Tabulation Area

38116 Income Statistics for 2026

Shelby County, Tennessee

Median household income

$42,183

Median household income ($42,183) is lower than Shelby County County ($71,497).

38116$42,183
Shelby County County$71,497
38120$123,538
38139$178,661
38017$138,677
38138$136,297
38002$116,895

Average household income

$58,713

Average household income ($58,713) is lower than Shelby County County ($96,548).

38116$58,713
Shelby County County$96,548
38120$243,896
38139$237,803
38017$180,468
38138$174,031
38002$144,503

Per-capita income

$24,131

Per-capita income ($24,131) is lower than Shelby County County ($38,964).

38116$24,131
Shelby County County$38,964
38120$108,686
38139$85,385
38017$65,812
38138$70,818
38002$51,122

Households earning $100k+

14.3%

Households earning $100k+ (14.3%) is lower than Shelby County County (32.0%).

3811614.3%
Shelby County County32.0%
3812060.9%
3813980.8%
3801766.5%
3813860.1%
3800259.5%

All demographics

Population
40,061
Households
15,599
Median age
34.9 yrs
Median household income
$42,183
Mean household income
$58,713
Per capita income
$24,131
Median home value
$138,600
Median gross rent
$1,059
Owner-occupied housing
43.2%
Bachelor's degree or higher
22.2%
In labor force
58.3%
Poverty rate
31.1%
Households earning $100k+
14.3%
Population under 5
7.4%
Population age 18–34
24.0%
Population age 25–44
26.9%
Population age 45–64
20.9%
Population age 65+
17.6%
Hispanic or Latino
3.5%
Black (non-Hispanic)
91.5%
Asian (non-Hispanic)
0.0%
Unemployment rate
13.3%
Open in interactive explorer

County and peer ZIP comparisons use population-weighted aggregates from other ZCTAs in the same county. Source: US Census Bureau ACS 5-year estimates. Page URL: https://resource.skyrocketbpo.com/tools/market-research/us-income-demographics-by-zip-code/tennessee/38116

Link to this page

Permanent URL backed by Census ACS data in PocketBase.

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