ZIP code 38116: Memphis, TN
38116 is a ZIP code in Memphis, Tennessee, mainly in Shelby County, part of the Memphis, TN-MS-AR metro area. About 40,061 people live here.
- Population
- 40,061
- Median household income
- $42,183
- Typical home value
- $151,300-1.1% in 12 months
- Median rent
- $1,059gross, per month
- Median age
- 34.9
- Homeowners
- 43.2%of occupied homes
Shaded: ZIP code 38116's area. Click anywhere on the map to see which ZIP code it's in.
ZIP codes within 10 milesWithin 25 miles
ZIP code 38116 details
| City | Memphis |
|---|---|
| State | Tennessee |
| County | Shelby County |
| Metro area | Memphis, TN-MS-AR |
| Time zone | Central Time (UTC−6), observes daylight saving time |
| Type | Standard (delivery area) |
| Land area | 19.6 sq mi, plus 0.1 sq mi of water |
| Population density | 2,042 people per sq mi |
| Bachelor's degree or higher | 22.2% of adults 25+ |
| Average commute | 21.5 minutes |
| Center coordinates | 35.03234, -90.00892 |
Median rent in 38116 by bedrooms
| Size | Median gross rent |
|---|---|
| Studio | $885/mo |
| 1 bedroom | $808/mo |
| 2 bedrooms | $1,063/mo |
| 3 bedrooms | $1,257/mo |
| 4 bedrooms | $1,445/mo |
| 5+ bedrooms | $1,731/mo |
Gross rent includes utilities paid by the tenant. ACS 2020–2024; sizes with too few rentals to estimate are left out.
ZIP codes near 38116
| ZIP code | City | Distance | Population |
|---|---|---|---|
| 38131 | Memphis, TN | 2.5 mi | 0 |
| 38132 | Memphis, TN | 2.7 mi | 30 |
| 38671 | Southaven, MS | 4.6 mi | 37,319 |
| 38114 | Memphis, TN | 4.6 mi | 20,298 |
| 38118 | Memphis, TN | 4.6 mi | 39,107 |
| 38106 | Memphis, TN | 5.1 mi | 20,962 |
| 38637 | Horn Lake, MS | 6.1 mi | 26,647 |
| 38111 | Memphis, TN | 6.5 mi | 41,934 |
Population and median household income: ACS 2020–2024 5-year estimates. Typical home value: Zillow Home Value Index (September 2026) where available, otherwise the ACS median owner-reported value. "PO Box" marks ZIP codes with no delivery area of their own. Methodology
Buying a home in 38116?
A typical home in ZIP code 38116 is worth about $151,300 (Zillow Home Value Index). The median household here earns $42,183 a year. See what buying here would cost per month, with Tennessee average taxes and insurance filled in.
Monthly payment for a $151,300 homeWhat can a $42,183 income afford?Rental property numbers
About ZIP code 38116
What city is ZIP code 38116?
ZIP code 38116 is in Memphis, TN, in Shelby County.
What county is ZIP code 38116 in?
38116 is mainly in Shelby County, Tennessee.
What is the population of ZIP code 38116?
About 40,061 people live in ZIP code 38116, according to the American Community Survey 2020–2024 5-year estimates.
What time zone is ZIP code 38116 in?
38116 is in Central Time (UTC−6). It observes daylight saving time.
What other ZIP codes does Memphis have?
Memphis, TN also uses 37501, 37544, 38101, 38103, 38104, 38105, 38106, 38107, 38108, 38109, 38111, 38112, 38113, 38114, 38115, 38117, 38118, 38119, 38120, 38122, 38124, 38125, 38126, 38127, 38128, 38130, 38131, 38132, 38133, 38134, 38135, 38136, 38137, 38141, 38145, 38148, 38150, 38151, 38152, 38157, 38159, 38161, 38163, 38166, 38167, 38168, 38173, 38174, 38175, 38177, 38181, 38182, 38184, 38186, 38187, 38188, 38190, 38193, 38194 and 38197.