What to know about ZIP 38173
ZIP code 38173 covers ZIP 38173 with a population of about 3,180.
At a glance, the area shows median age of 35.3 versus a U.S. median of about 38.9.
It sits in the MEMPHIS media market.
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ZIP Code 38173 — undefined, undefined Demographics & Data
Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.
Middle Class
At a glance
Population
3,180
Density
N/A
Median income
$83,854
+12% vs US avg
Home value
$275,000
-21% vs US avg
Median rent
$1,336
+15% vs US avg
Timezone
N/A
Overview of ZIP Code 38173
Income and economy in ZIP 38173
Median household income in ZIP 38173 is about $83,854 — about 12% above the U.S. median ($75,149).
On socioeconomic markers, US5 shows a poverty rate of 1.7%; unemployment rate near 1.2%; 67.0% of adults with a bachelor’s degree or higher (about 33.3 points above the national share (33.7%)).
Labor and commute patterns include leading industry context around Healthcare, Transportation, and Finance and insurance; about 11.3% of workers reporting work-from-home (about 3.9 points below the U.S. share (15.2%)); a mean commute of about 180.0 minutes (U.S. average near 26.8).
Housing and affordability in ZIP 38173
Median home value is about $275,000 — about 21% below the U.S. median home value ($348,079).
Housing tenure and rents show median gross rent around $1,336 (about 15% above the U.S. median rent ($1,163)), and owner-occupancy near 24.0% (about 41.4 points below the national owner-occupancy rate (65.4%)).
To comfortably buy a median-priced home in ZIP 38173, a household would need roughly $76,000 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 $1,767. That is roughly in line with the local median household income ($83,854). Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.