What to know about ZIP 38188
ZIP code 38188 covers ZIP 38188 with a population of about 3,760.
At a glance, the area shows median age of 33.7 versus a U.S. median of about 38.9.
It sits in the MEMPHIS media market.
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ZIP Code 38188 — undefined, undefined Demographics & Data
Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.
Middle Class
At a glance
Population
3,760
Density
N/A
Median income
$96,682
+29% vs US avg
Home value
$274,100
-21% vs US avg
Median rent
$1,358
+17% vs US avg
Timezone
N/A
Overview of ZIP Code 38188
Income and economy in ZIP 38188
Median household income in ZIP 38188 is about $96,682 — about 29% above the U.S. median ($75,149).
On socioeconomic markers, US5 shows a poverty rate of 4.4%; unemployment rate near 2.5%; 55.5% of adults with a bachelor’s degree or higher (about 21.8 points above the national share (33.7%)).
Labor and commute patterns include leading industry context around Healthcare, Finance and insurance, and Professional services; about 14.1% of workers reporting work-from-home (about 1.1 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 38188
Median home value is about $274,100 — about 21% below the U.S. median home value ($348,079).
Housing tenure and rents show median gross rent around $1,358 (about 17% above the U.S. median rent ($1,163)), and owner-occupancy near 78.8% (about 13.4 points above the national owner-occupancy rate (65.4%)).
To comfortably buy a median-priced home in ZIP 38188, a household would need roughly $75,000 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 $1,761. That sits below the local median household income ($96,682), 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.