Zip Code
38118
City
Memphis, TN
Population & Migration
What is the forecasted population for Zip code 38118 Memphis, TN?
- Population census 2020
- 40,156
- Forecasted population 2025
- 39,913
- -0.6% vs. 2020
- Forecasted population 2030
- 40,562
- 1% vs. 2020
Zip code 38118 Memphis, TN population is forecasted to decrease -0.6% by 2025 (-5.3 points below the 4.7% national average).
Powered by Aterio US Population Forecast dataset
Explore dataset
Housing and Affordability
With a forecasted population of 39,913 people for 2025 zip code 38118 Memphis, TN will generate a good demand for housing, which is expected to have a deficit of 165 houses for 2030. Vacancy rate is 10.1 points above national US average.
- Total homes available 2020
- 16,361
- Estimated total home demand in 2030
- 16,526
- Total homes balance inventory
- 165
Average Household Income in zip code 38118 Memphis, TN
from Internal Revenue Service
- Average household income in 2021
- $52,455
Affordability
- Affordability Index
- 2
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
Powered by Aterio US Housing Forecast dataset
Explore dataset
Climate Resiliency
Drinking water violations
How is the quality of drinking water in Zip code 38118 Memphis, TN?
County total number of drinking water violations
17
-92%
226
County total number of drinking water contaminations
9
-61%
23
Powered by Aterio US Drinking Water System Ratings dataset
Explore dataset