ZIP Code 38135

ZIP code 38135, part of the Memphis area, sits comfortably in middle- to upper-income territory, with a median household income of $97,282 and per-capita income of $41,183. Homes here carry a median value of $287,000, and the county-level property tax rate of 0.97% means annual taxes on such a home run around $2,784. A combined sales tax rate of 9.75% applies to purchases. Together these figures describe an area where earnings outpace many parts of the Memphis metro, though the sales tax rate adds a noticeable cost to everyday spending.