38016 vs 38002 — Compare ZIP Codes
Side-by-side comparison. Blue = ZIP 38016, Orange = ZIP 38002.
Quick verdict: ZIP 38016 is more affordable rent, more diverse. ZIP 38002 is wealthier, higher home values, lower poverty rate, lower unemployment, more educated, higher work-from-home share.
Quick Facts
ZIP 38016
Memphis city, TN
View full profile →- Population44,390
- Median Income$75,719
- Median Home Value$262k
- Median Rent$1,218
- Median Age37.5 yrs
- Poverty Rate9.9%
ZIP 38002
Lakeland city, TN
View full profile →- Population43,868
- Median Income$115,478
- Median Home Value$363k
- Median Rent$1,400
- Median Age39.9 yrs
- Poverty Rate4.3%
Visual comparison (same scale)
Population
44,39043,868
Median Income
$75,719$115,478
Median Home Value
$262k$363k
Median Rent
$1,218$1,400
Median Age
37.5 yrs39.9 yrs
Poverty Rate
9.9%4.3%
Demographics
ZIP 38016
Memphis city, TN
View full profile →- White %32.3%
- Black %53.1%
- Asian %4.8%
- Hispanic %7.0%
- Age 0–17 %21.5%
- Age 18–64 %64.9%
- Age 65+ %13.5%
- Bachelor's+ %41.5%
- Diversity Index61/100
ZIP 38002
Lakeland city, TN
View full profile →- White %73.2%
- Black %19.0%
- Asian %2.4%
- Hispanic %3.2%
- Age 0–17 %28.0%
- Age 18–64 %57.7%
- Age 65+ %14.3%
- Bachelor's+ %47.0%
- Diversity Index43/100
Visual comparison (same scale)
White %
32.3%73.2%
Black %
53.1%19.0%
Asian %
4.8%2.4%
Hispanic %
7.0%3.2%
Age 0–17 %
21.5%28.0%
Age 18–64 %
64.9%57.7%
Age 65+ %
13.5%14.3%
Bachelor's+ %
41.5%47.0%
Diversity Index
61/10043/100
Economy
ZIP 38016
Memphis city, TN
View full profile →- Median Income$75,719
- Unemployment %5.5%
- IRS Net Migration+1,574
- Work From Home %9.2%
ZIP 38002
Lakeland city, TN
View full profile →- Median Income$115,478
- Unemployment %2.7%
- IRS Net Migration+1,556
- Work From Home %13.1%
Visual comparison (same scale)
Median Income
$75,719$115,478
Unemployment %
5.5%2.7%
IRS Net Migration
+1,574+1,556
Work From Home %
9.2%13.1%
Housing
ZIP 38016
Memphis city, TN
View full profile →- Median Home Value$262k
- Median Rent$1,218
- Owner Occupied %59.1%
- Broadband %94.0%
- Vacant %9.2%
- Median Year Built1997
ZIP 38002
Lakeland city, TN
View full profile →- Median Home Value$363k
- Median Rent$1,400
- Owner Occupied %83.0%
- Broadband %95.5%
- Vacant %1.9%
- Median Year Built2002
Visual comparison (same scale)
Median Home Value
$262k$363k
Median Rent
$1,218$1,400
Owner Occupied %
59.1%83.0%
Broadband %
94.0%95.5%
Vacant %
9.2%1.9%
Median Year Built
19972002
Climate & Location
ZIP 38016
Memphis city, TN
View full profile →- Snow Days/Year0 days
- Elevation (ft)310 ft
- Nearest Airport13.7 miles (22.0 km)
- Distance to Coast306.9 miles (493.9 km)
ZIP 38002
Lakeland city, TN
View full profile →- Snow Days/Year0 days
- Elevation (ft)310 ft
- Nearest Airport10.8 miles (17.3 km)
- Distance to Coast314.9 miles (506.8 km)
Visual comparison (same scale)
Snow Days/Year
0 days0 days
Elevation (ft)
310 ft310 ft
Nearest Airport
13.7 miles (22.0 km)10.8 miles (17.3 km)
Distance to Coast
306.9 miles (493.9 km)314.9 miles (506.8 km)
Infrastructure
ZIP 38016
Memphis city, TN
View full profile →- Work From Home %9.2%
- Walkability (0–100)51
- Broadband %94.0%
ZIP 38002
Lakeland city, TN
View full profile →- Work From Home %13.1%
- Walkability (0–100)20
- Broadband %95.5%
Visual comparison (same scale)
Work From Home %
9.2%13.1%
Walkability (0–100)
5120
Broadband %
94.0%95.5%
Frequently Asked Questions
How do ZIP 38016 and 38002 compare?
ZIP 38016 is more affordable rent, more diverse. ZIP 38002 is wealthier, higher home values, lower poverty rate, lower unemployment, more educated, higher work-from-home share.
What do the blue and orange colors mean?
Blue represents the first ZIP (38016), orange the second (38002). The same colors are used in the map markers and comparison bars.
Where does this data come from?
Data is from the U.S. Census Bureau and other federal sources. See our Methodology page for details.
How can I compare other ZIP codes?
From any ZIP page, use the "Compare with Another ZIP" tool, or go to /compare/XXXXX-vs-YYYYY (replace with two 5-digit ZIP codes).
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