ZIP Code 38138

Households in ZIP code 38138, part of the Memphis area, report a median income of $136,297, with per-capita earnings of $70,818. That income pairs with a median home value of $430,200, and the county's 0.97% effective property tax rate translates to roughly $4,170 annually on such a home. Sales tax across the area totals 9.75%, which adds to everyday costs. Strong earnings here comfortably cover both the property tax bill and day-to-day purchases, though the combined effect of housing costs and sales tax still shapes how far each dollar stretches for households in this ZIP.