ZIP Code 38027 — undefined, undefined Demographics & Data

ZIP code 38027 covers ZIP 38027 with a population of about 3,442.

At a glance, the area shows median age of 30.9 versus a U.S. median of about 38.9.

It sits in the MEMPHIS media market.

Median household income in ZIP 38027 is about $70,510 — about 6% below the U.S. median ($75,149).

On socioeconomic markers, US5 shows a poverty rate of 16.6%; unemployment rate near 12.4%; 33.8% of adults with a bachelor’s degree or higher (roughly in line with the national share (33.7%)).

Labor and commute patterns include leading industry context around Food services, Manufacturing, and Professional services; about 15.3% of workers reporting work-from-home (roughly in line with the U.S. share (15.2%)); a mean commute of about 180.0 minutes (U.S. average near 26.8).

Median home value is about $363,800 — about 5% above the U.S. median home value ($348,079).

Housing tenure and rents show median gross rent around $851 (about 27% below the U.S. median rent ($1,163)), and owner-occupancy near 39.7% (about 25.7 points below the national owner-occupancy rate (65.4%)).

To comfortably buy a median-priced home in ZIP 38027, a household would need roughly $100,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $2,337. That is about 42% above the local median household income ($70,510), so the median earner would likely stretch or need a larger down payment. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.