Living in Zip Code 38023
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.
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Demographics
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.
- 51% Male
- 49% Female
Employment
The Per Capita income in zip code 38023 is $32,450. The Median Household Income is $71,403