Comparison to Surrounding Areas
The median household income ($76,278) for 38103 is more than 72364 ($74,462), 38127 ($36,901), 72301 ($42,859), 38104 ($58,117), 38105 ($34,015), 38106 ($30,232), 38107 ($35,265), 38126 ($30,071), Shelby County ($63,767), and Memphis city ($51,736).
| 38103 | $76,278 |
| Memphis city | $51,736 |
| Shelby County | $63,767 |
Get Median Household Income for all Zip Codes in Tennessee.
The average household income ($125,340) for 38103 is more than 72364 ($97,612), 38127 ($47,820), 72301 ($53,460), 38104 ($93,467), 38105 ($48,733), 38106 ($44,527), 38107 ($54,685), 38126 ($33,780), Shelby County ($96,640), and Memphis city ($78,517).
| 38103 | $125,340 |
| Memphis city | $78,517 |
| Shelby County | $96,640 |
Get Average Household Income for all Zip Codes in Tennessee.
The per-capita income for 38103 is $74,744. The per capita income ($74,744) for 38103 is more than 72364 ($37,065), 38127 ($18,421), 72301 ($21,362), 38104 ($53,836), 38105 ($29,538), 38106 ($19,130), 38107 ($28,065), 38126 ($17,321), Shelby County ($39,083), and Memphis city ($33,100).
| 38103 | $74,744 |
| Memphis city | $33,100 |
| Shelby County | $39,083 |
Get Per-Capita Income for all Zip Codes in Tennessee.
15.1% of households make over $200,000 a year. The percent high income households (15.1%) for 38103 is more than 72364 (8.1%), 38127 (1.6%), 72301 (1.6%), 38104 (10.3%), 38105 (2.5%), 38106 (0.7%), 38107 (3.4%), 38126 (0.0%), Shelby County (9.7%), and Memphis city (5.8%).
| 38103 | 15.1% |
| Memphis city | 5.8% |
| Shelby County | 9.7% |
Get High Income Households for all Zip Codes in Tennessee.
| under 25 years | 25 to 44 years | 45 to 64 years | 65 years and over | |
|---|---|---|---|---|
| 38103 | $20,798 | $78,111 | $109,947 | $76,828 |
| 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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All income statistics above are the most current, comparable income statistics available from the US Census Bureau and are from the American Community Survey 2024 5-year estimates. You can find this information and other demographics for 38103 on the US Census Bureau’s website. These values are in 2024 inflation-adjusted dollars and were downloaded on 29 January 2026.
Margins of error for the income data are:
| Median Household Income | Average Household Income | Per Capita Income | High Income Households | Median Household Income by Age of Householder | ||||
|---|---|---|---|---|---|---|---|---|
| under 25 | 25 to 44 | 45 to 64 | 65+ | |||||
| 38103 | +/-$7,640 | +/-$15,316 | +/-$9,206 | +/-3.8% | +/-$15,110 | +/-$15,589 | +/-$31,830 | +/-$49,137 |
| Memphis city | +/-$1,072 | +/-$2,277 | +/-$933 | +/-0.4% | +/-$2,606 | +/-$2,017 | +/-$2,232 | +/-$1,810 |
| Shelby County | +/-$1,251 | +/-$1,946 | +/-$742 | +/-0.4% | +/-$2,342 | +/-$1,988 | +/-$2,200 | +/-$1,662 |