What to know about ZIP 38168
ZIP code 38168 covers ZIP 38168 with a population of about 5,759.
At a glance, the area shows median age of 43.8 versus a U.S. median of about 38.9.
It sits in the MEMPHIS media market.
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ZIP Code 38168 — undefined, undefined Demographics & Data
Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.
Working Class
At a glance
Population
5,759
Density
N/A
Median income
$42,399
-44% vs US avg
Home value
$134,600
-61% vs US avg
Median rent
$933
-20% vs US avg
Timezone
N/A
Overview of ZIP Code 38168
Income and economy in ZIP 38168
Median household income in ZIP 38168 is about $42,399 — about 44% below the U.S. median ($75,149).
On socioeconomic markers, US5 shows a poverty rate of 16.4%; unemployment rate near 5.5%; 23.0% of adults with a bachelor’s degree or higher (about 10.7 points below the national share (33.7%)).
Labor and commute patterns include leading industry context around Healthcare, Retail trade, and Transportation; about 11.8% of workers reporting work-from-home (about 3.3 points below the U.S. share (15.2%)); a mean commute of about 180.0 minutes (U.S. average near 26.8).
Housing and affordability in ZIP 38168
Median home value is about $134,600 — about 61% below the U.S. median home value ($348,079).
Housing tenure and rents show median gross rent around $933 (about 20% below the U.S. median rent ($1,163)), and owner-occupancy near 51.9% (about 13.5 points below the national owner-occupancy rate (65.4%)).
To comfortably buy a median-priced home in ZIP 38168, a household would need roughly $37,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $865. That sits below the local median household income ($42,399), suggesting the typical household income is closer to a workable buy-in level under these assumptions. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.