What to know about ZIP 38088
ZIP code 38088 covers ZIP 38088 with a population of about 5,214.
At a glance, the area shows median age of 34.2 versus a U.S. median of about 38.9.
It sits in the MEMPHIS media market.
Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.
ZIP code 38088 covers ZIP 38088 with a population of about 5,214.
At a glance, the area shows median age of 34.2 versus a U.S. median of about 38.9.
It sits in the MEMPHIS media market.
Median household income in ZIP 38088 is about $78,145 — about 4% above the U.S. median ($75,149).
On socioeconomic markers, US5 shows a poverty rate of 4.5%; unemployment rate near 3.8%; 45.1% of adults with a bachelor’s degree or higher (about 11.4 points above the national share (33.7%)).
Labor and commute patterns include leading industry context around Healthcare, Retail trade, and Manufacturing; about 11.1% of workers reporting work-from-home (about 4.1 points below 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 $182,800 — about 47% below the U.S. median home value ($348,079).
Housing tenure and rents show median gross rent around $1,236 (about 6% above the U.S. median rent ($1,163)), and owner-occupancy near 46.3% (about 19.1 points below the national owner-occupancy rate (65.4%)).
To comfortably buy a median-priced home in ZIP 38088, a household would need roughly $50,000 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 $1,174. That sits below the local median household income ($78,145), suggesting the typical household income is closer to a workable buy-in level under these assumptions. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.