About Zip Code 38023

38023 is a zip code in the Memphis Metropolitan area. It has a population of 5,365 and a population density of 101, which is 7% above the national average. It has a median age of 40, which is 4 years above the Memphis Metro median age and 1 year above the national average.


Zip code 38023 has a median home value of $255,231, which is 8% above the Metro average.The average rent of $925 is 37% below the metro average rent and 56% below the national average rent The average household income in zip code 38023 is $71,403 , which is 10% above the Metro average household income and 4% below the national average of household income.

$255,231Median Home Value
$235,765 Memphis Metro Area
$925Median Rent
$1,478 Memphis Metro Area

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Zip code 38023's population is made up of 61% married, 25% single, 8% divorced and 6% widowed. Baby Boomers make up the largest percentage of the population at 38%, while Millennials have the second largest segment at 26%. Homeowners make up 80% of the population in zip code 38023.

5,365Population
1,335,549 Memphis Metro Area
101Population Density
  • 51% Male
  • 49% Female
40 Median Age
36 Memphis Metro Area
See Detailed Demographics Data for Zip Code 38023

The Per Capita income in zip code 38023 is $32,450. The Median Household Income is $71,403

$32,450Income Per Capita
$35,441 Memphis Metro Area
$71,403Median Household Income
$64,025 Memphis Metro Area
10% Poverty Rate
16% Memphis Metro Area
3% Unemployment Rate
6% Memphis Metro Area
See Detailed Employment Data for Zip Code 38023
Amenities in Zip Code 38023
See Detailed Amenities Data for Zip Code 38023
$255,231Median Home Value
$235,765 Memphis Metro Area
$925Median Rent
$1,478 Memphis Metro Area
2Average Household Size
3 Memphis Metro Area

Occupancy Type

Renters
20%
Home Owners
80%
See Detailed Real Estate Data for Zip Code 38023
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