ZIP Code Tabulation Area

38103

Memphis, TN · ACS 2020–2024

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Latest estimates

At a glance

U.S. Census Bureau American Community Survey 5-year estimates.

Total population
14,534
Median household income
$76,278
People below poverty
9.8%
Median home value
$397,300

Income

The median income of households in 38103 was $76,278. An estimated 8.1% of households had income below $10,000 a year and 15.1% had income of $200,000 or more.

Household Income in 38103 in 2020-2024

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Percent
Less than $10,000 8.1
$10,000 to $14,999 2.2
$15,000 to $24,999 5.7
$25,000 to $34,999 2.2
$35,000 to $49,999 10.5
$50,000 to $74,999 19.9
$75,000 to $99,999 12.4
$100,000 to $149,999 13.1
$150,000 to $199,999 10.8
$200,000 or more 15.1

Median Earnings for Full-Time Year-Round Workers by Sex in 38103 in 2020-2024

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Dollars
Male 78307
Female 69453

An estimated 89.9% of households received earnings. An estimated 11% of households received Social Security and an estimated 12.6 % of households received retirement income other than Social Security. The average income from Social Security was $26,984. These income sources are not mutually exclusive; that is, some households received income from more than one source.

Proportion of Households with Various Income Sources in 38103 in 2020-2024

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Percent
Earnings 89.9
Social Security 11
Retirement income 12.6
Supplemental Security Income (SSI) 1.4
Cash public assistance income 0.8

Poverty and Participation in Government Programs

In 2020-2024, 9.8 % of people were in poverty. An estimated 8% of children under 18 were below the poverty level, compared with 2.8% of people 65 years old and over. An estimated 10.8% of people 18 to 64 years were below the poverty level.

Poverty Rates in 38103 in 2020-2024

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Percent
People in poverty 9.8
Children under 18 years below poverty 8
People 65 years old and over below poverty 2.8
People 18 to 64 years below poverty 10.8

In 2020-2024, 1.9 % of households received SNAP (the Supplemental Nutrition Assistance Program). An estimated 0% of households that received SNAP had children under 18, and 76.1% of households that received SNAP had one or more people 60 years and over. An estimated 0% of all households receiving SNAP were families with a female householder and no spouse present.


Among the civilian noninstitutionalized population in 38103 in 2020-2024, 94.7% had health insurance coverage and 5.3% did not have health insurance coverage. Private coverage was 90.4% and public coverage was 13.3%, respectively. The percentage of children under the age of 19 with no health insurance coverage was 0%.


In 2020-2024, 38103 had a total population of 14,534 - 5,824 (40.1%) females and 8,710 (59.9%) males. The median age was 35.5 years. An estimated 5.8% of the population was under 18 years, 62.1% was 19 to 44 years, 22.1% was 45 to 64 years, and 9.7 % was 65 years and older.

Population by Age and Sex for 38103 in 2020-2024

Male Female
Under 5 193 163
5 to 9 64 100
10 to 14 134 75
15 to 19 88 71
20 to 24 650 817
25 to 29 1169 1316
30 to 34 1638 640
35 to 39 985 480
40 to 44 996 325
45 to 49 634 196
50 to 54 506 324
55 to 59 436 423
60 to 64 422 282
65 to 69 345 153
70 to 74 275 255
75 to 79 125 52
80 to 84 17 135
85 and over 33 17

Hispanic Origin and Race

For people reporting one race alone, 60.9% were White; 25.8% were Black or African American; 9.7% were American Indian and Alaska Native; 7.4% were Asian; 14.1% were Native Hawaiian and Other Pacific Islander, and 0% were Some Other Race. An estimated 4.6% reported Two or More Races. An estimated 4.1% of the people in 38103 were Hispanic or Latino. An estimated 59.5% of the people in 38103 were White alone, non-Hispanic. People of Hispanic origin may be of any race.


Households and Families

In 2020-2024, there were 8,372 households in 38103. The average household size was 1.47 people.

Married-couple households made up 21.6% of the households in 38103 while cohabiting couple households made up 6.9% of households. Female householders with no spouse or partner present were 31.8% of all households, while 39.8% of households had male householders with no spouse or partner present. Some households had one person, as 34.9% of households were male householders living alone, and 27.5% were female householders living alone, for a total of 62.4% of all households.

In 38103, 6.5% of all households had one or more people under the age of 18; 11.9% of all households had one or more people 65 years and over.

Types of Households in 38103 in 2020-2024

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Percent
Married-couple households 21.6
Cohabiting Couples 6.9
Male Householder
No spouse/partner present
39.8
Female Householder
No spouse/partner present
31.8

Marital Status

Among persons 15 and older, 29.4% of males and 32.4% of females were currently married.

Population 15 years and over Percent
Males
Percent
Females
Never married 49.8 48.1
Now married, except separated 29.4 32.4
Separated 2.5 1.1
Widowed 0.6 3
Divorced 17.7 15.4

Grandparents and Grandchildren

In 38103, 58 grandparents lived with their grandchildren under 18 years old. Of those grandparents, 37.9% were responsible for the basic needs of their grandchildren.


Nativity and Foreign-Born

In 2020-2024, an estimated 90.5% of the people living in 38103 were U.S. natives. 34.4% of the 38103 population were living in the state where they were born.

Approximately 9.5% of 38103 residents in 2020-2024 were foreign-born. 44.5% of foreign-born were naturalized U.S. citizens and an estimated 46 % entered the country before the year 2010.

Foreign-born residents of 38103 come from different parts of the world. The bar graph below displays the percentage of foreign-born from each world region of birth in 2020-2024 for 38103.

Region of Birth for the Foreign-Born Population in 38103 in 2020-2024

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Percent
Latin America 19.7
Asia 47.3
Europe 28.1
Africa 2.4
Northern America 1.8
Oceania 0.8

Language

Among people at least five years old living in 38103 in 2020-2024, 11.6 % spoke a language other than English at home. Spanish was spoken by 4.1% of people at least five years old; 2.2% reported that they did not speak English "very well."

Percentage of the Population 5 years and over who Speak a Language other than English in 38103 in 2020-2024

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Percent
Spanish 4.1
Other Indo-European languages 4.5
Asian and Pacific Islander languages 2.6
Other languages 0.5

Geographic Mobility

In 2020-2024, 73.1 % of the people at least one year old living in 38103 were living in the same house one year earlier.

Geographic Mobility of Residents of 38103 in 2020-2024

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Percent
Same house 73.1
Different house, same county 9.1
Different county, same state 6.2
Different state 10.3
Abroad 1.3

Education

In 2020-2024, 94.4 % of people 25 years and over had at least graduated from high school and 61.6% had a bachelor's degree or higher. An estimated 5.6% did not complete high school.

The total school enrollment in 38103 was 2,091 in 2020-2024. Nursery school enrollment was 91 and kindergarten through 12th grade enrollment was 379. College or graduate school enrollment was 1,621.

Educational Attainment of People in 38103 in 2020-2024

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Percent
Less than high school diploma 5.6
High school diploma or equivalency 14.1
Some college, no degree 15.4
Associate's degree 3.3
Bachelor's degree 29.3
Graduate or professional degree 32.3

Disability

In 38103, among the civilian noninstitutionalized population in 2020-2024, 7.9 % reported a disability. The likelihood of having a disability varied by age - from 4.9% of people under 18 years old, to 6.1% of people 18 to 64 years old, and to 24.4% of those 65 and over.


Employment Status and Type of Employer

In 38103, 64.9 % of the population 16 and over were employed; 33.3% were not currently in the labor force.

An estimated 83.2% of the people employed were private wage and salary workers; 15.4% were federal, state, or local government workers; and 1.4 % were self-employed in their own (not incorporated) business.

Class of worker Number Percent
Private wage and salary workers 7,413 83.2
Federal, state, or local government workers 1,371 15.4
Self-employed workers in own not incorporated business 121 1.4

Industries

In 2020-2024, the civilian employed population 16 years and older in 38103 worked in the following industries:

Percent by Industry in 38103 in 2020-2024

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Percent
Agriculture, forestry, fishing and hunting, and mining 0.8
Construction 2.1
Manufacturing 6.3
Wholesale trade 1.6
Retail trade 8.7
Transportation and warehousing, and utilities 10.7
Information 2.7
Finance and insurance, and real estate and rental and leasing 6.5
Professional, scientific, and management, and administrative and waste management services 11.7
Educational services, and health care and social assistance 33.5
Arts, entertainment, and recreation, and accommodation, and food services 7
Other Services, except public administration 3.1
Public administration 5.2

Occupations

Occupations for the Civilian Employed Population 16 Years and over in 38103 in 2020-2024

Civilian employed population 16 years and over Number Percent
Management, business, sciences, and arts occupations 5,469 61.4
Service occupations 686 7.7
Sales and office occupations 1,963 22
Natural resources, construction, and maintenance occupations 108 1.2
Production, transportation, and material moving occupations 683 7.7

Commuting to Work

An estimated 77.2% of 38103 workers drove to work alone in 2020-2024, and 4.7% carpooled. Among those who commuted to work, it took them on average 18.2 minutes to get to work.

Percent of Workers 16 and over Commuting by Mode in 38103 in 2020-2024

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Percent
Car, truck, van -- drove alone 77.2
Car, truck, van -- carpooled 4.7
Public transportation (excluding taxicab) 0.8
Walked 4.1
Other means 1.4
Worked from home 11.7

In 2020-2024, 38103 had a total of 9,303 housing units. Of these housing units, 23% were single-family houses either not attached to any other structure or attached to one or more structures (commonly referred to as "townhouses" or "row houses"). 76.7% of the housing units were located in multi-unit structures, or those buildings that contained two or more apartments. 0.3% were mobile homes, while any remaining housing units were classified as "other," which included boats, recreational vehicles, vans, etc.

Types of Housing Units in 38103 in 2020-2024

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Percent
Single-family houses 23
Apartments in multi-unit structures 76.7
Mobile homes 0.3
Boat, RV, van, etc 0

16.7% of the housing inventory was comprised of houses built since 2010, while 16.1% of the houses were first built in 1939 or earlier. The median number of rooms in all housing units in 38103 was 3.8 rooms, and of these housing units 21.6% had three or more bedrooms.


In 2020-2024, 38103 had 8,372 housing units that were occupied or had people living in them, while the remaining 931 were vacant. Of the occupied housing units, the percentage of these houses occupied by owners (also known as the homeownership rate) was 31.7% while renters occupied 68.3%. The average household size of owner-occupied houses was 1.76 and in renter-occupied houses it was 1.34.

9.1% of householders of these occupied houses had moved into their house since 2021, while 0.2% moved into their house in 1989 or earlier. Households without a vehicle available for personal use comprised 5.9% and another 6.7% had three or more vehicles available for use.

The following chart provides the primary fuel used to heat houses in 38103:

House Heating Fuel Used in 38103 in 2020-2024

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Percent
Gas 22.7
Electricity 76.5
Fuel oil, kerosene, etc 0
All other fuels 0.7
No fuel used 0.1

In 2020-2024, the median property value for owner-occupied houses in 38103 was $397,300.

Of the owner-occupied households, 70.3 % had a mortgage. 29.7% owned their houses "free and clear," that is without a primary mortgage or loan on the house. The median monthly housing costs for owners with a mortgage was $2,281 and for owners without a mortgage it was $966.

For renter-occupied houses, the median gross rent for 38103 was $1,661. Gross rent includes the monthly contract rent and any monthly payments made for electricity, gas, water and sewer, and any other fuels to heat the house.