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38111 Income Statistics

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Comparison to Surrounding Areas

38111 Median Household Income

The median household income ($50,151) for 38111 is less than the median household income for 38104 ($53,351), 38117 ($91,680), and Shelby County ($59,621). But it's more than 38112 ($49,560), 38114 ($29,492), 38118 ($41,830), 38122 ($45,065), 38152 ($-1), and Memphis city ($48,090).

38111$50,151
Memphis city$48,090
Shelby County$59,621

38111 Average Household Income

The average household income ($87,524) for 38111 is less than the average household income for 38104 ($88,890), 38117 ($136,370), and Shelby County ($90,500). But it's more than 38112 ($78,016), 38114 ($43,490), 38118 ($58,634), 38122 ($57,482), 38152 ($-1), and Memphis city ($74,176).

38111$87,524
Memphis city$74,176
Shelby County$90,500

38111 Per-Capita Income

The per-capita income for 38111 is $38,251. The per capita income ($38,251) for 38111 is less than the per capita income for 38104 ($49,764) and 38117 ($60,093). But it's more than 38114 ($21,248), 38122 ($22,501), 38152 ($3,873), 38112 ($32,943), 38118 ($20,701), Shelby County ($36,230), and Memphis city ($31,060).

38111$38,251
Memphis city$31,060
Shelby County$36,230

38111 High Income Households

8.6% of households make over $200,000 a year. The percent high income households (8.6%) for 38111 is more than 38152 (-1.0%), 38118 (2.1%), 38122 (1.8%), 38104 (9.4%), 38112 (8.6%), 38114 (1.8%), 38117 (15.9%), Shelby County (8.6%), and Memphis city (5.5%).

381118.6%
Memphis city5.5%
Shelby County8.6%

38111 Median Household Income by Age of Householder

under 25 years 25 to 44 years 45 to 64 years 65 years and over
38111$26,364$55,769$57,913$36,821
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 38111 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+
38111+/-$3,324+/-$9,175+/-$3,952+/-1.8%+/-$8,686+/-$4,514+/-$14,298+/-$8,801
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