ZIP Code 38126

In ZIP code 38126, on the south side of Memphis, households bring in a median of $30,071 a year, while per-capita income sits at $17,321. That leaves little slack once everyday costs are covered, and the 9.75% combined sales tax takes a noticeable bite out of each purchase. Homes here are valued at a median of $59,300, and the county property tax rate of 0.97% works out to a comparatively small annual bill on that value — roughly a few hundred dollars. Still, with earnings this tight, even that amount matters, and sales tax likely weighs more heavily on the weekly budget than property tax does.