What to know about ZIP 38187
ZIP code 38187 covers ZIP 38187 with a population of about 5,757.
At a glance, the area shows median age of 38.9 (near the U.S. median).
It sits in the MEMPHIS media market.
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ZIP Code 38187 — undefined, undefined Demographics & Data
Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.
Upper Middle Class
At a glance
Population
5,757
Density
N/A
Median income
$101,404
+35% vs US avg
Home value
$397,400
+14% vs US avg
Median rent
$990
-15% vs US avg
Timezone
N/A
Overview of ZIP Code 38187
Income and economy in ZIP 38187
Median household income in ZIP 38187 is about $101,404 — about 35% above the U.S. median ($75,149).
On socioeconomic markers, US5 shows a poverty rate of 9.6%; unemployment rate near 0.7%; 64.5% of adults with a bachelor’s degree or higher (about 30.8 points above the national share (33.7%)).
Labor and commute patterns include leading industry context around Healthcare, Professional services, and Education; about 11.9% of workers reporting work-from-home (about 3.3 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 38187
Median home value is about $397,400 — about 14% above the U.S. median home value ($348,079).
Housing tenure and rents show median gross rent around $990 (about 15% below the U.S. median rent ($1,163)), and owner-occupancy near 60.0% (about 5.4 points below the national owner-occupancy rate (65.4%)).
To comfortably buy a median-priced home in ZIP 38187, a household would need roughly $109,000 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 $2,553. That is roughly in line with the local median household income ($101,404). Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.