Population & age
- Total population
- 13,554
- Median age
- 46.7
Memphis, TN (38120)
Shelby County · Memphis, TN-MS-AR · Population 13,554
Fresh.Data current as of Apr 24, 2026
Memphis, TN (ZIP 38120) sits in Shelby County within the Memphis metro area. The page draws on 2 federal data feeds retrieved Apr 27. Top health signal: Health Insurance comes in below the national average at 6.0%. NCES lists 3 schools serving the area, 3 non-charter. 10 colleges and universities serve the area, with median in-state tuition of $13,796. IRS data shows average household income (AGI) of $303,946, well above the ~$45K national average per return. Average annual pay across local establishments runs $110,277 per worker (Census ZBP) — a high-wage local economy. Federal QCEW filings show 482,470 covered jobs in this ZIP's primary county — a major regional employment hub. Pinnacle Bank holds 69% of FDIC-reported deposits in this ZIP (2024) — a notably concentrated local banking market. Social vulnerability is low in this ZIP at the 11th percentile (CDC SVI), reflecting strong baseline resilience to public-health emergencies and natural disasters. FEMA has issued 28 federal disaster declarations affecting this ZIP since 1973 — a high-frequency exposure profile. Annual precipitation averages 57.2" — a wet-climate ZCTA per NOAA's 1991–2020 Normals. County Health Rankings reports 14,564 years of potential life lost per 100,000 (2025) — well above the national county median. 32.8% of residents in this county are flagged low-access by USDA's 2025 Food Environment Atlas — a notable supermarket-access gap. Tennessee has no state income tax, saving the local median household (AGI $303,946) approximately $13,982/year vs the US average effective state tax rate. IRS migration data (2022-2023) shows a net loss of 9,272 residents (4,439 households) — the ZIP's primary county is shrinking. Healthcare access is the area's quieter strength; school options sit on the lighter side, so families may find themselves looking at districts a few ZIPs over. Notable: median household income $112,700, fair market rent of $1,600 for a two-bedroom, and a typical home value of $423,515, down 0.7% over the past year. Every figure on this page links to its underlying federal dataset with a retrieval date so you can audit the freshness yourself.
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Demographics
Race & ethnicity
- White
- 82.6%
- Black
- 8.1%
- Asian
- 5.3%
- Hispanic / Latino
- 3.1%
- Other / multi-racial
- 3.8%
Income & housing
- Median household income
- $112,700
- Median home value
- $424,800
Education
- Bachelor's degree or higher (age 25+)
- 56.4%
Employment
- Unemployment rate
- 1.9%
Housing
- Owner-occupied
- 4,624(74.2%)
- Renter-occupied
- 1,610(25.8%)
- Vacant units
- 554
- Built (median)
- 1976
Commute
- Public transit
- 22(0.3%)
- Work from home
- 944(12.4%)
- Avg commute
- 16.1 min
Economic wellbeing
- Below poverty line
- 882(6.5%)
- Uninsured
- 17(0.1%)
Digital access
- Broadband access
- 5,919(94.9%)
- No broadband
- 315(5.1%)
Language & nativity
- Foreign-born
- 858(6.3%)
- Non-English at home
- 591(4.6%)
Fair Market Rent
Fresh.HUD SAFMR · May 1, 2026Studio
$1,330
/month
1 Bed
$1,450
/month
2 Bed
$1,600
/month
3 Bed
$2,110
/month
4 Bed
$2,460
/month
HUD Fair Market Rents represent the 40th percentile of standard-quality rental housing in this area. FY2026 data.
Home values
Typical home value
$423,515
Zillow Home Value Index (ZHVI) · as of March 2026
Year-over-year change
-0.7%
vs. March 2025
5-year change
+15.4%
vs. March 2021
Metro area
Memphis, TN-MS-AR
Metropolitan statistical area
Source: Zillow Research, ZHVI All Homes (SFR, Condo/Co-op) Time Series (zillow.com/research/data). Zillow Home Value Index (ZHVI) is copyrighted by Zillow, Inc.
New housing construction
New housing units permitted
2,061
Across 710 permitted buildings. Total construction value: $392.2M.
Single-family
642
31% of total units
Multifamily (2+ unit)
1,419
69% of total units
Single-family value
$279.7M
construction value
Multifamily value
$112.5M
construction value
Apartment construction (5+ unit buildings) accounts for 68% of new units this year — the area is densifying, not just adding single-family stock.
Based on county-level data (2024).
Source: U.S. Census Bureau Building Permits Survey (census.gov/construction/bps). Public domain. BPS reports annual residential building permits from local permit-issuing jurisdictions, aggregated to county. A permit reflects intent to build, not a completed unit — actual construction lags by 6-24 months for multifamily projects.
Income & tax statistics
Tax returns filed
6,990
Average AGI
$303,946
Avg property tax
$2,086
EITC participation
5.9%
Income distribution
- $1 – $25,00018.2% · 1,270
- $25,000 – $50,00014.2% · 990
- $50,000 – $75,00013.4% · 940
- $75,000 – $100,0008.4% · 590
- $100,000 – $200,00020.6% · 1,440
- $200,000 or more25.2% · 1,760
Avg mortgage interest
$1,692
Avg charitable contribution
$10,361
Avg capital gains
$61,114
Avg total income tax
—
Source: IRS Statistics of Income — Individual Income Tax Statistics by ZIP Code (irs.gov). Public domain. Dollar columns reported in thousands by the IRS; figures here display real dollars. Total ZCTA AGI for the area was $2124.6M across all reported brackets.
Business & employment
Business establishments
603
Total employment
17,840
Annual payroll
$2.0B
Average annual pay
$110,277
Source: U.S. Census Bureau, ZIP Business Patterns (census.gov). Public domain. ZBP covers establishments with paid employees; Census suppresses employment and payroll values when fewer employers operate in a ZIP than would protect their confidentiality.
Employment & wages
Average annual pay
$71,518
Average weekly wage
$1,375
Total employment
482,470
Total establishments
24,468
That is roughly 9% above the US national average of $65,470 per worker.
Source: U.S. Bureau of Labor Statistics, Quarterly Census of Employment and Wages (bls.gov/cew). Public domain. QCEW is derived from state unemployment-insurance filings and covers ~95% of US jobs. Figures are county-level totals assigned to ZIPs whose primary county matches; small-employer cells are suppressed by BLS to protect employer confidentiality.
Unemployment
Unemployment rate
4.5%
That is 0.5 percentage points above the US national unemployment rate of about 4.0%.
Labor force
425,307
Employed
406,246
Unemployed
19,061
Based on Shelby County, TN data (2024).
Source: U.S. Bureau of Labor Statistics, Local Area Unemployment Statistics (bls.gov/lau). Public domain. LAUS publishes monthly and annual labor-force estimates for every US county. Figures are county-level totals assigned to ZIPs whose primary county matches.
Banking access
FDIC-insured bank branches
6
Typical banking access
A standard suburban / mid-density branch count for this area.
Total deposits
$3.0B
across all branches in this ZIP
Distinct institutions
6
different banks operating here
Top banks by deposits in this ZIP
- 1.Pinnacle Bank$2.0B · 1 branch
- 2.Financial Federal Bank$737.5M · 1 branch
- 3.Truist Bank$116.2M · 1 branch
Based on FDIC-insured branch offices as of June 30, 2024.
Source: FDIC Summary of Deposits (fdic.gov). Annual June-30 snapshot of every FDIC-insured branch and the deposits booked there. Figures cover all institutions reporting a branch address in this ZIP.
Hospitals & healthcare facilities
Facilities located inside ZIP 38120 from CMS Provider Data. Star ratings reflect Overall Hospital Quality where applicable; “Not rated” means the facility didn't report enough measures to qualify.
Hospitals (1)
BAPTIST MEMORIAL HOSPITAL
★★★★★2.0
Acute Care Hospitals
Voluntary non-profit - Private
Emergency services
6019 WALNUT GROVE ROAD, MEMPHIS, TN, 38120
Source: Centers for Medicare & Medicaid Services Provider Data (data.cms.gov). Public domain.
Public transit
FTA tracks transit service at the urbanized-area level. Numbers below reflect the agencies and modes serving the area that contains this ZIP, not stop-level coverage.
Service status
Available
Memphis, TN--MS--AR
Reporting agencies
1
Largest: City of Memphis
Annual ridership
—
unlinked trips · 2024
Source: U.S. Federal Transit Administration, National Transit Database (transit.dot.gov). Public domain.
Federal Disaster Declarations
Federally Declared Disasters
28
Date Range
1973–2026
Most Recent Declaration
SEVERE WINTER STORM
Winter Storm — declared February 6, 2026 (DR-4898)
Incident period: January 22, 2026 – January 27, 2026
Top Incident Types
- Severe Storm17 (61%)
- Winter Storm3 (11%)
- Severe Ice Storm2 (7%)
- Biological2 (7%)
- Flood2 (7%)
- Other2 (7%)
Individual Assistance
7
Direct help to disaster survivors
Households Program
7
Housing & temporary lodging support
Public Assistance
25
Repair of public facilities & roads
Hazard Mitigation
17
Funding to reduce future disaster risk
FEMA declares disasters at the county level; counts here include every federally declared disaster touching any county that overlaps this ZIP. Statewide declarations and pre-1964 records without county granularity are excluded. Program flags reflect which FEMA assistance categories were activated (Individual Assistance, Households, Public Assistance, Hazard Mitigation). Source: fema.gov/openfema. Public domain.
Climate
30-year averages (1991-2020) from the nearest GHCN-D weather station. Temperature and precipitation values reflect typical annual conditions, not any single year.
Avg. temperature
61.1°F
50.2° – 72.1°
Annual precipitation
57.2"
Annual snowfall
2.8"
Heating · cooling days
3,351.9 · 1,975.3
Annual base 65°F
Nearest station: MEMPHIS WFO, TN US, 2.8 miles from the centroid of Memphis, TN (ZIP 38120)
Source: NOAA National Centers for Environmental Information, 1991–2020 U.S. Climate Normals (ncei.noaa.gov). Public domain.
Air quality
Median daily AQI
55
ModerateGood 126dModerate 231dUSG 6dUnhealthy 3d
Peak AQI (2024)
159
Unhealthy
Primary pollutant
PM2.5
268 days as main pollutant
Days measured
366
Based on Shelby County data (2024).
Source: U.S. Environmental Protection Agency, Air Quality System (epa.gov). Public domain. Only counties with EPA AQS monitoring stations appear here (~30% of US counties); rural ZIPs whose primary county has no monitor will not show this section.
Community health profile
Years of potential life lost (per 100K)
14,564
That is roughly 6,364 years per 100,000 above the national county median (~8,200).
Premature death is the headline composite outcome CHR reports — age-adjusted, all-cause, before age 75.
Fair or poor health
22%
of adults self-report
Poor physical health days
4.8
avg per adult per month
Poor mental health days
6.5
avg per adult per month
Uninsured
11.4%
of residents under 65
Primary care MDs
86
per 100,000 residents
Preventable hospital stays
2,872
per 100K Medicare enrollees
Food environment (0-10)
7.4
10 = best access & security
Exercise access
87%
residents near a facility
Flu vaccinated
50%
of Medicare enrollees
Low birth weight (under 2,500 g) accounts for 11.9% of live births in this county — an early-life health input that downstream outcomes track against.
Based on Shelby data (2025 CHR release).
Source: County Health Rankings & Roadmaps, University of Wisconsin Population Health Institute (countyhealthrankings.org). Annual release. Underlying source datasets vary by measure (CDC BRFSS, NCHS Vital Statistics, AHA, USDA Food Environment Atlas, and others). Figures are county-level and assigned to every ZIP whose primary county matches.
Food access
Food access status
Significant food access concerns
32.8% of Shelby County, TN residents live more than 1 mile (urban) or 10 miles (rural) from the nearest supermarket.
Grocery stores
0.16
per 1,000 residents
Supercenters & clubs
0.02
per 1,000 residents
SNAP-authorized stores
1.02
accepting food benefits
Fast-food restaurants
0.83
per 1,000 residents
Among low-income residents, 11.2% are low-access — those without a supermarket within 1 mile (urban) or 10 miles (rural).
Per-1,000 figures show how many of each store type exist in Shelby County, TN for every 1,000 residents. Higher grocery and supercenter density usually means easier access to fresh food; higher convenience-store-only density (with low grocery rate) often signals a food swamp.
Source: USDA Economic Research Service, Food Environment Atlas (ers.usda.gov). County-level metrics fanned to ZIP via the primary county in the Census ZCTA-county relationship file. Variable years differ per family (stores ~2020, low-access ~2019).
Safety
FBI publishes crime data at the county level. Numbers below cover the primary county that contains this ZIP. Rates are per 100,000 residents in the area covered by reporting agencies.
Violent crime rate
—
per 100K residents · 630 reports
Property crime rate
—
per 100K residents · 2,660 reports
Homicide
11
Robbery
46
Burglary
346
Vehicle theft
758
County-level data for Shelby (2024)
Source: U.S. Federal Bureau of Investigation, Uniform Crime Reporting Program (cde.ucr.cjis.gov). Public domain. Coverage varies by reporting agency; areas with partial agency coverage may understate true crime totals.
Who’s moving in and out
Net migration (2022-2023)
▼−9,272 people
−4,439 households • −$577.9M net AGI flow
Moved in
18,994households
33,083 people • $1.2B AGI
Moved out
23,433households
42,355 people • $1.8B AGI
Where new residents came from
- DeSoto County, MS — 1,915 households
- Tipton County, TN — 626 households
- Fayette County, TN — 549 households
- Davidson County, TN — 367 households
- Crittenden County, AR — 270 households
Where departing residents went
- DeSoto County, MS — 2,544 households
- Fayette County, TN — 913 households
- Tipton County, TN — 713 households
- Davidson County, TN — 595 households
- Crittenden County, AR — 313 households
Incoming households reported an average AGI of $61,999 versus departing households' $74,914.
Source: U.S. Internal Revenue Service, Statistics of Income, Migration Data (irs.gov). Public domain. Migration is measured by year-over-year changes in the address on individual tax returns; figures are county-level totals attributed to ZIPs whose primary county matches. Foreign migration contributes to inflow/outflow totals but does not appear in the top-county lists. Small flows are suppressed by IRS to protect taxpayer confidentiality.
Taxes & benefits in Tennessee
State-level rules that apply to every resident of ZIP 38120. Numbers reflect the most recent published year per source.
Tax rates
Income tax
None
No state income tax
Sales tax (combined)
9.61%
State 7.00% · avg local 2.61%
Property tax (effective)
0.44%
Median $1,743/year
Tax burden rank
2 of 50
6.90% of personal income
For ZIP 38120: A household at this ZIP's median AGI of $303,946 keeps approximately $13,982 more annually than residents of the typical income-tax state. Applied to this ZIP's typical home value of $423,515, that works out to roughly $1,859/year in property tax.
Paid family leave
Program
Voluntary (private insurance framework)
Voluntary (private insurance framework)
Safety net
SNAP eligibility
130% FPL
Federal 130% FPL gross income limit. Asset limit $3,000.
Sources: Tax Foundation (state tax rates & brackets), Bipartisan Policy Center (paid family leave), USDA FNS (SNAP categorical eligibility).
Other ZIPs near 38120
Other ZIPs in Memphis
Nearby ZIPs by distance
38117 (Memphis, 3 mi) · 38119 (Memphis, 3.1 mi) · 38134 (Memphis, 3.5 mi) · 38138 (Germantown, 4 mi) · 38122 (Memphis, 4.6 mi) · 38152 (Memphis, 4.8 mi)
Compare ZIP-level stats — population, schools, housing, climate — across nearby areas. Source: U.S. Census Bureau ZCTA basemap.
Data sources used on this page
SourcesFresh.CDC PLACES · Apr 24, 2026Fresh.NCES CCD via Urban Institute EDP · Apr 27, 2026Fresh.HUD SAFMR · May 1, 2026
All data on this page is sourced from federal government datasets · Not AI-generated · Methodology
Health profile
Crude prevalence estimates from CDC PLACES, derived from BRFSS small-area modeling. Population-level figures only.
Obesity
28.0%
5.0pp below the 33.0% national rate.
High Blood Pressure
35.5%
3.5pp above the 32.0% national rate.
Depression
24.6%
2.6pp above the 22.0% national rate.
Annual Checkup
81.3%
5.3pp above the 76.0% national rate.
Health Insurance
6.0%
7.0pp below the 13.0% national rate.
Diabetes
10.3%
Tracks close to the 11.0% national rate.
Schools in this ZIP
3 schools serve this ZIP, including 3 non-charter.
| School | Type | Grades | Enrollment |
|---|---|---|---|
| White Station Middle | Public | 6–8 | 1,227 |
| Richland Elementary | Public | -1–5 | 827 |
| Shady Grove Elementary | Public | 0–5 | 368 |
Schools listed from NCES Common Core of Data via the Urban Institute Education Data Portal.
Fresh.NCES CCD via Urban Institute EDP · Apr 27, 2026Colleges & universities nearby
Colleges in this area
10
Median in-state tuition
$13,796
Median earnings (10 yr)
$44,275
- 4-Year
University of Memphis
Memphis, TN · 38152
- In-state tuition
- $10,728
- Out-of-state tuition
- $15,384
- Acceptance rate
- 72.0%
- Graduation rate
- 50.1%
- Median earnings (10 yr)
- $48,458
- Median student debt
- $23,300
- 2-Year
Southwest Tennessee Community College
Memphis, TN · 38134
- In-state tuition
- $4,778
- Out-of-state tuition
- $17,750
- Acceptance rate
- —
- Graduation rate
- 19.2%
- Median earnings (10 yr)
- $34,071
- Median student debt
- —
- 4-Year
Rhodes College
Memphis, TN · 38112
- In-state tuition
- $57,110
- Out-of-state tuition
- $57,110
- Acceptance rate
- 50.3%
- Graduation rate
- 83.1%
- Median earnings (10 yr)
- $66,651
- Median student debt
- $21,761
- 4-Year
Strayer University-Tennessee
Memphis, TN · 38118
- In-state tuition
- $13,920
- Out-of-state tuition
- $13,920
- Acceptance rate
- —
- Graduation rate
- —
- Median earnings (10 yr)
- $40,092
- Median student debt
- $40,621
- 2-Year
Tennessee College of Applied Technology-Memphis
Memphis, TN · 38105
- In-state tuition
- —
- Out-of-state tuition
- —
- Acceptance rate
- —
- Graduation rate
- 47.2%
- Median earnings (10 yr)
- $31,192
- Median student debt
- —
- 4-Year
Christian Brothers University
Memphis, TN · 38104
- In-state tuition
- $38,420
- Out-of-state tuition
- $38,420
- Acceptance rate
- 86.7%
- Graduation rate
- 55.3%
- Median earnings (10 yr)
- $57,478
- Median student debt
- $27,000
- 4-Year
Baptist Health Sciences University
Memphis, TN · 38104
- In-state tuition
- $13,796
- Out-of-state tuition
- $13,796
- Acceptance rate
- 82.0%
- Graduation rate
- 46.1%
- Median earnings (10 yr)
- $72,529
- Median student debt
- $29,500
- 4-Year
Le Moyne-Owen College
Memphis, TN · 38126
- In-state tuition
- $12,076
- Out-of-state tuition
- $12,076
- Acceptance rate
- 99.2%
- Graduation rate
- 25.8%
- Median earnings (10 yr)
- $35,594
- Median student debt
- $28,070
- 2-Year
Concorde Career College-Memphis
Memphis, TN · 38137
- In-state tuition
- —
- Out-of-state tuition
- —
- Acceptance rate
- 95.1%
- Graduation rate
- 53.1%
- Median earnings (10 yr)
- $31,599
- Median student debt
- $9,500
- 4-Year
The University of Tennessee Health Science Center
Memphis, TN · 38163
- In-state tuition
- —
- Out-of-state tuition
- —
- Acceptance rate
- —
- Graduation rate
- —
- Median earnings (10 yr)
- $66,318
- Median student debt
- $12,500
Source: U.S. Department of Education College Scorecard (collegescorecard.ed.gov). Public domain data. Earnings figures reflect median earnings 10 years after entry for federally-aided students.
What these numbers say together
Memphis, TN (ZIP 38120) sits in Shelby County within the Memphis metro area. The page draws on 2 federal data feeds retrieved Apr 27. Top health signal: Health Insurance comes in below the national average at 6.0%. NCES lists 3 schools serving the area, 3 non-charter. 10 colleges and universities serve the area, with median in-state tuition of $13,796. IRS data shows average household income (AGI) of $303,946, well above the ~$45K national average per return. Average annual pay across local establishments runs $110,277 per worker (Census ZBP) — a high-wage local economy. Federal QCEW filings show 482,470 covered jobs in this ZIP's primary county — a major regional employment hub. Pinnacle Bank holds 69% of FDIC-reported deposits in this ZIP (2024) — a notably concentrated local banking market. Social vulnerability is low in this ZIP at the 11th percentile (CDC SVI), reflecting strong baseline resilience to public-health emergencies and natural disasters. FEMA has issued 28 federal disaster declarations affecting this ZIP since 1973 — a high-frequency exposure profile. Annual precipitation averages 57.2" — a wet-climate ZCTA per NOAA's 1991–2020 Normals. County Health Rankings reports 14,564 years of potential life lost per 100,000 (2025) — well above the national county median. 32.8% of residents in this county are flagged low-access by USDA's 2025 Food Environment Atlas — a notable supermarket-access gap. Tennessee has no state income tax, saving the local median household (AGI $303,946) approximately $13,982/year vs the US average effective state tax rate. IRS migration data (2022-2023) shows a net loss of 9,272 residents (4,439 households) — the ZIP's primary county is shrinking. Healthcare access is the area's quieter strength; school options sit on the lighter side, so families may find themselves looking at districts a few ZIPs over. Notable: median household income $112,700, fair market rent of $1,600 for a two-bedroom, and a typical home value of $423,515, down 0.7% over the past year. Every figure on this page links to its underlying federal dataset with a retrieval date so you can audit the freshness yourself.
The two domains pull in different directions. Healthcare access reads strong, but the on-paper school count is on the lighter side — that’s less a quality signal and more a density one. Households here often look at districts a few ZIPs over for school choice while keeping their providers local.
One concrete reading worth keeping: Depression prevalence sits higher the national rate at 24.6%. Each figure on this page links to the original federal dataset with its retrieval date — this synthesis is a reading, not a substitute for the underlying records.
Frequently Asked Questions — ZIP 38120
What is the obesity rate in ZIP 38120?
28.0%, which is 5.0 percentage points below the national average of 33.0% (CDC PLACES, retrieved Apr 24, 2026).
What is the depression rate in ZIP 38120?
24.6%, which is 2.6 percentage points above the national average of 22.0% (CDC PLACES, retrieved Apr 24, 2026).
What is the high blood pressure rate in ZIP 38120?
35.5%, which is 3.5 percentage points above the national average of 32.0% (CDC PLACES, retrieved Apr 24, 2026).
How many schools are in ZIP 38120?
3 schools serve this ZIP, including 3 public schools (NCES CCD, retrieved Apr 27, 2026). No charter schools are listed in this ZIP by NCES CCD.
Does ZIP 38120 have charter schools?
No charter schools are listed in ZIP 38120 by NCES CCD (retrieved Apr 27, 2026).
Are there high schools in ZIP 38120?
No high schools are listed in this ZIP by NCES CCD (retrieved Apr 27, 2026).
What is the population of ZIP 38120?
13,554 people live in ZIP 38120, with a median age of 46.7 (Census ACS 5-Year 2022, retrieved Apr 30, 2026).
What is the median household income in ZIP 38120?
$112,700 per year (Census ACS 5-Year 2022, retrieved Apr 30, 2026).
Is ZIP 38120 mostly renters or homeowners?
In ZIP 38120, 74.2% of occupied housing units are owner-occupied and 25.8% are renter-occupied (Census ACS 5-Year 2022, retrieved Apr 30, 2026).
How do people commute in ZIP 38120?
In ZIP 38120, 12.4% of workers work from home. Public transit is used by 0.3% of commuters (Census ACS 5-Year 2022, retrieved Apr 30, 2026).
What is the poverty rate in ZIP 38120?
6.5% of the population in ZIP 38120 lives below the federal poverty line (Census ACS 5-Year 2022, retrieved Apr 30, 2026).
What percentage of households in ZIP 38120 have broadband internet?
94.9% of households in ZIP 38120 have broadband internet access (Census ACS 5-Year 2022, retrieved Apr 30, 2026).
What is the typical home value in ZIP 38120?
The typical home value in ZIP 38120 is $423,515, down 0.7% from a year ago (Zillow Home Value Index, retrieved May 1, 2026).
Are home values rising or falling in ZIP 38120?
Home values are down 0.7% over the past year and up 15.4% over the past five years (Zillow Home Value Index, retrieved May 1, 2026).
What is the average household income in ZIP 38120?
The average Adjusted Gross Income reported on tax returns from ZIP 38120 (Memphis, TN) is $303,946 per return (IRS SOI Tax Year 2022, retrieved May 2, 2026).
How much do homeowners pay in property tax in ZIP 38120?
Tax returns from ZIP 38120 report an average of $2,086 per return in real-estate tax deductions (IRS SOI Tax Year 2022, retrieved May 2, 2026).
What percentage of residents in ZIP 38120 earn over $200,000?
25.2% of tax returns from ZIP 38120 (Memphis, TN) report Adjusted Gross Income of $200,000 or more (IRS SOI Tax Year 2022, retrieved May 2, 2026).
How many businesses are in ZIP 38120?
As of 2022, 603 business establishments operated in ZIP 38120 employing 17,840 workers (Census ZIP Business Patterns, retrieved May 3, 2026).
What is the average salary in ZIP 38120?
The average annual pay across all local establishments in ZIP 38120 is $110,277, based on Census ZIP Business Patterns 2022 data (retrieved May 3, 2026).
How vulnerable is ZIP 38120 to disasters and public health emergencies?
According to the CDC Social Vulnerability Index (2022), ZIP 38120 ranks in the 11th percentile nationally for social vulnerability — a low vulnerability profile (retrieved May 3, 2026).
What is the biggest vulnerability factor in ZIP 38120?
Racial & Ethnic Minority Status is the highest-scoring CDC SVI theme for ZIP 38120, ranking in the 29th percentile nationally (CDC/ATSDR Social Vulnerability Index 2022, retrieved May 3, 2026).
How many federally declared disasters has ZIP 38120 experienced?
FEMA has recorded 28 federal disaster declarations affecting ZIP 38120 between 1973–2026 (FEMA OpenFEMA Disaster Declarations, retrieved May 3, 2026).
What kinds of disasters most often hit ZIP 38120?
Severe Storm is the most common federally declared disaster type affecting ZIP 38120, accounting for 17 of 28 declarations (61%, FEMA OpenFEMA, retrieved May 3, 2026).
What was the most recent disaster declared for ZIP 38120?
The most recent FEMA disaster declaration affecting ZIP 38120 was "SEVERE WINTER STORM" — a winter storm declared in 2026 (DR-4898) (FEMA OpenFEMA, retrieved May 3, 2026).
What colleges are near ZIP 38120?
10 colleges and universities are listed near ZIP 38120 by the U.S. Department of Education College Scorecard, including University Of Memphis, Southwest Tennessee Community College, and Rhodes College (retrieved May 2, 2026).
What is the average tuition at colleges near ZIP 38120?
Median in-state tuition across 10 nearby institutions is $13,796 (College Scorecard, retrieved May 2, 2026).
What do graduates earn from colleges near ZIP 38120?
Graduates of nearby colleges earn a median of $44,275 ten years after entry (College Scorecard, retrieved May 2, 2026).
What is the climate like in ZIP 38120?
ZIP 38120 has an average annual temperature of 61.1°F and 57.2" of annual precipitation based on the MEMPHIS WFO, TN US weather station 2.8 miles from the ZIP centroid (NOAA 1991–2020 Climate Normals, retrieved May 8, 2026).
Does ZIP 38120 have public transit?
Yes — ZIP 38120 is part of the Memphis, TN--MS--AR urbanized area, primarily served by City of Memphis (National Transit Database 2024, retrieved May 4, 2026).
What hospitals are in ZIP 38120?
1 hospital is located in ZIP 38120 1 is rated by CMS, with an average overall rating of 2.0 out of 5 stars (CMS Hospital Compare, 2024).
What taxes apply in ZIP 38120?
Tennessee has no state income tax. For a household earning the local median AGI of $303,946, this saves approximately $13,982 per year compared to the national average effective state tax rate. The combined state and local sales tax rate is 9.61% (Tax Foundation 2025).
Does Tennessee have paid family leave?
Tennessee runs an active paid family leave program offering up to — weeks of paid leave per year (Bipartisan Policy Center 2026).
What data is available for ZIP 38120?
This page covers health outcomes from CDC PLACES (33 metrics), school information from NCES CCD (3 schools), demographics from the Census ACS 5-Year (2022), home values from the Zillow Home Value Index, colleges from the U.S. Department of Education College Scorecard (10 institutions), income & tax statistics from the IRS SOI (Tax Year 2022), local business & employment from Census ZIP Business Patterns (2022), social vulnerability scores from the CDC/ATSDR SVI (2022), federal disaster declarations from FEMA OpenFEMA (28 on record), climate normals from NOAA NCEI (1991-2020), county-level crime data from the FBI Crime Data Explorer (2024), public transit coverage from the National Transit Database (2024), hospitals from CMS Hospital Compare, and state-level tax rates from the Tax Foundation. Data is refreshed on Mubboo's standard schedule.
How current is this data?
Health data retrieved Apr 24, 2026 from CDC PLACES. School data retrieved Apr 27, 2026 from NCES CCD. Demographics retrieved Apr 30, 2026 from Census ACS 5-Year (2022). Home values retrieved May 1, 2026 from Zillow Research. College data retrieved May 2, 2026 from U.S. Dept of Education College Scorecard. Income & tax statistics retrieved May 2, 2026 from IRS SOI (Tax Year 2022). Business & employment retrieved May 3, 2026 from Census ZBP (2022). Social vulnerability scores retrieved May 3, 2026 from CDC/ATSDR SVI (2022). Federal disaster declarations retrieved May 3, 2026 from FEMA OpenFEMA (28 on record). Climate normals retrieved May 8, 2026 from NOAA NCEI (1991-2020). County-level crime data retrieved May 4, 2026 from the FBI Crime Data Explorer (2024). Transit coverage retrieved May 4, 2026 from the National Transit Database (2024). State-level tax rates retrieved 2026-05-05 15:58:22.284+00 from the Tax Foundation.
Other ZIPs near 38120
Other ZIPs in Memphis
Nearby ZIPs by distance
38117 (Memphis, 3 mi) · 38119 (Memphis, 3.1 mi) · 38134 (Memphis, 3.5 mi) · 38138 (Germantown, 4 mi) · 38122 (Memphis, 4.6 mi) · 38152 (Memphis, 4.8 mi)
Compare ZIP-level stats — population, schools, housing, climate — across nearby areas. Source: U.S. Census Bureau ZCTA basemap.
More Info topics
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Data refreshed via Mubboo's ETL pipeline; oldest source on this page retrieved Apr 24, 2026.
Social Vulnerability Index
Overall SVI
11th percentile
Low Vulnerability
Based on 6 census tracts, population 12,903
Vulnerability Themes
Households Without Vehicle
232
Limited English Speakers
73
Persons with Disability
1,469
Without HS Diploma
259
Without Health Insurance
541
Adults Age 65+
3,368
The Social Vulnerability Index uses U.S. Census data to identify communities most at risk during public health emergencies and natural disasters. Higher percentiles indicate greater vulnerability. Tract-level scores are aggregated to this ZCTA via Census 2020 ZCTA→Tract crosswalk, weighted by land-area share. Source: atsdr.cdc.gov. Public domain.