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38103 Map

38103 Income Statistics

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Comparison to Surrounding Areas

38103 Median Household Income

The median household income ($89,851) for 38103 is more than 72364 ($73,762), 38127 ($34,781), 72301 ($41,022), 38104 ($53,351), 38105 ($26,250), 38106 ($29,098), 38107 ($34,325), 38126 ($19,844), Shelby County ($59,621), and Memphis city ($48,090).

38103$89,851
Memphis city$48,090
Shelby County$59,621

38103 Average Household Income

The average household income ($118,564) for 38103 is more than 72364 ($94,857), 38127 ($47,838), 72301 ($56,898), 38104 ($88,890), 38105 ($39,489), 38106 ($42,197), 38107 ($52,541), 38126 ($31,438), Shelby County ($90,500), and Memphis city ($74,176).

38103$118,564
Memphis city$74,176
Shelby County$90,500

38103 Per-Capita Income

The per-capita income for 38103 is $67,126. The per capita income ($67,126) for 38103 is more than 72364 ($35,572), 38127 ($17,897), 72301 ($23,016), 38104 ($49,764), 38105 ($25,715), 38106 ($18,711), 38107 ($24,711), 38126 ($14,515), Shelby County ($36,230), and Memphis city ($31,060).

38103$67,126
Memphis city$31,060
Shelby County$36,230

38103 High Income Households

15.0% of households make over $200,000 a year. The percent high income households (15.0%) for 38103 is more than 72364 (7.4%), 38127 (1.9%), 72301 (2.3%), 38104 (9.4%), 38105 (1.0%), 38106 (1.0%), 38107 (2.3%), 38126 (0.0%), Shelby County (8.6%), and Memphis city (5.5%).

3810315.0%
Memphis city5.5%
Shelby County8.6%

38103 Median Household Income by Age of Householder

under 25 years 25 to 44 years 45 to 64 years 65 years and over
38103$39,643$88,735$120,120$88,676
Memphis city$31,017$48,812$55,957$42,722
Shelby County$32,691$57,930$73,464$51,009

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About the Data

Sources & Margins of Error

All income statistics above are the most current, comparable income statistics available from the US Census Bureau and are from the American Community Survey 2022 5-year estimates. You can find this information and other demographics for 38103 on the US Census Bureau’s website. These values are in 2022 inflation-adjusted dollars and were downloaded on 7 December 2023.

The following data tables were used:

  • B19001 Household Income in the Past 12 Months (in 2022 inflation-adjusted dollars)
  • B19013 Median Household Income in the Past 12 Months (in 2022 inflation-adjusted dollars)
  • B19301 Per Capita Income in the Past 12 Months (in 2022 inflation-adjusted dollars)
  • S1902 Mean Income in the Past 12 Months (in 2022 inflation-adjusted dollars)
  • B19049 Median Household Income in the Past 12 Months (in 2022 inflation-adjusted dollars) By Age Of Householder

Margins of error for the above 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+/-$13,881+/-$11,564+/-$5,478+/-3.6%+/-$24,183+/-$15,009+/-$18,289+/-$46,725
Memphis city+/-$1,364+/-$2,181+/-$853+/-0.4%+/-$2,348+/-$2,733+/-$2,088+/-$2,082
Shelby County+/-$1,066+/-$1,835+/-$670+/-0.5%+/-$3,172+/-$1,717+/-$1,935+/-$1,413