38016 Income Statistics
Comparison to Surrounding Areas
38016 Median Household Income
The median household income ($76,569) for 38016 is less than the median household income for 38002 ($116,895), 38018 ($90,004), 38028 ($151,389), and 38133 ($81,659). But it's more than 38134 ($60,622), Shelby County ($63,767), and Memphis city ($51,736).
| 38016 | $76,569 |
| Memphis city | $51,736 |
| Shelby County | $63,767 |
Get Median Household Income for all Zip Codes in Tennessee.
38016 Average Household Income
The average household income ($92,296) for 38016 is less than the average household income for 38002 ($144,503), 38018 ($110,330), 38028 ($186,809), 38133 ($103,990), and Shelby County ($96,640). But it's more than 38134 ($78,580) and Memphis city ($78,517).
| 38016 | $92,296 |
| Memphis city | $78,517 |
| Shelby County | $96,640 |
Get Average Household Income for all Zip Codes in Tennessee.
38016 Per-Capita Income
The per-capita income for 38016 is $39,627. The per capita income ($39,627) for 38016 is less than the per capita income for 38002 ($51,122), 38018 ($43,096), 38028 ($68,545), and 38133 ($39,774). But it's more than 38134 ($28,888), Shelby County ($39,083), and Memphis city ($33,100).
| 38016 | $39,627 |
| Memphis city | $33,100 |
| Shelby County | $39,083 |
Get Per-Capita Income for all Zip Codes in Tennessee.
38016 High Income Households
5.6% of households make over $200,000 a year. The percent high income households (5.6%) for 38016 is less than the percent high income households for 38002 (20.6%), 38018 (10.6%), 38028 (34.5%), 38133 (8.5%), Shelby County (9.7%), and Memphis city (5.8%). But it's more than 38134 (3.7%).
| 38016 | 5.6% |
| Memphis city | 5.8% |
| Shelby County | 9.7% |
Get High Income Households for all Zip Codes in Tennessee.
38016 Median Household Income by Age of Householder
| under 25 years | 25 to 44 years | 45 to 64 years | 65 years and over | |
|---|---|---|---|---|
| 38016 | $50,799 | $72,171 | $97,500 | $61,259 |
| Memphis city | $32,832 | $53,332 | $60,554 | $45,532 |
| Shelby County | $34,309 | $63,685 | $78,069 | $54,632 |
Get Median Household Income by Age of Householder for all Zip Codes in Tennessee.
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