Zip Code

38117

City

Memphis, TN

Population & Migration

What is the forecasted population for Zip code 38117 Memphis, TN?

Population census 2020
27,162
Forecasted population 2025
26,064
-0.04% vs. 2020
Forecasted population 2030
25,766
-0.05% vs. 2020

Zip code 38117 Memphis, TN population is forecasted to decrease -0.04% by 2025 (-8.7 points below the 4.7% national average).

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Housing and Affordability

With a forecasted population of 26,064 people for 2025 zip code 38117 Memphis, TN will generate a good demand for housing, which is expected to have an excess of -637 houses for 2030. Vacancy rate is 4.7 points below national US average.

Total homes available 2020
12,416
Estimated total home demand in 2030
11,778
Total homes balance inventory
-637

Average Household Income in zip code 38117 Memphis, TN
from Internal Revenue Service

Average household income in 2021
$127,455

Affordability

Affordability Index
1

Affordability indicates the ability of potential homebuyers to afford a home measured in number of years needed to pay a house. Example: Home Price 500,000 / Household Income 100,000 = 5 Years = Index 5

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Drinking water violations

How is the quality of drinking water in Zip code 38117 Memphis, TN?

County total number of drinking water violations

17

-93%

244

County total number of drinking water contaminations

9

-63%

24

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