ZIP Code 38011

With a median household income of $70,150 and per-capita income of $32,092, ZIP code 38011 sits in middle-income territory near Memphis. Homes here run a median of $214,000, and the county's 0.50% effective property tax rate keeps annual bills near the lower end. That rate applies to a housing stock that costs well below what buyers pay in many parts of the Memphis area. A combined sales tax of 9.25% adds to everyday costs, so shopping and dining carry a noticeable premium. Overall, this ZIP blends middle-income earnings with a housing market and property tax load that stay within reach.