Zip Code

38127

City

Memphis, TN

Population & Migration

What is the forecasted population for Zip code 38127 Memphis, TN?

Population census 2020
43,240
Forecasted population 2025
39,360
-9% vs. 2020
Forecasted population 2030
37,243
-13.9% vs. 2020

Zip code 38127 Memphis, TN population is forecasted to decrease -9% by 2025 (-13.7 points below the 4.7% national average).

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Housing and Affordability

With a forecasted population of 39,360 people for 2025 zip code 38127 Memphis, TN will generate a good demand for housing, which is expected to have an excess of -2,564 houses for 2030. Vacancy rate is 12.4 points above national US average.

Total homes available 2020
18,493
Estimated total home demand in 2030
15,928
Total homes balance inventory
-2,564

Average Household Income in zip code 38127 Memphis, TN
from Internal Revenue Service

Average household income in 2021
$44,995

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

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Drinking water violations

How is the quality of drinking water in Zip code 38127 Memphis, TN?

County total number of drinking water violations

17

-92%

226

County total number of drinking water contaminations

9

-61%

23

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