Zip 38016 (Memphis, TN) 

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Economy in Zip 38016 (Memphis, TN)

Memphis (zip 38016) has an unemployment rate of 4.6%. The US average is 3.9%.

Memphis (zip 38016) has seen the job market increase by 2.1% over the last year. Future job growth over the next ten years is predicted to be 36.6%, which is higher than the US average of 33.5%.

Tax Rates for Memphis (zip 38016)
- The Sales Tax Rate for Memphis (zip 38016) is 9.3%. The US average is 7.3%.
- The Income Tax Rate for Memphis (zip 38016) is 0.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Memphis (zip 38016)
- The average income of a Memphis (zip 38016) resident is $32,962 a year. The US average is $28,555 a year.
- The Median household income of a Memphis (zip 38016) resident is $66,114 a year. The US average is $53,482 a year.

INCOME BY POPULATION PERCENT

  ECONOMYMemphis, TennesseeUnited States
  5.5%3.7%
  2.1%1.6%
  36.6%33.5%
  9.3%6.2%
  0.0%4.6%
  $34,093$31,177
  $67,017$57,652
  $76,961$70,850
  POPULATION BY OCCUPATION
  0.1%1.3%
  0.0%0.6%
  2.0%6.2%
  8.7%10.4%
  3.1%2.7%
  13.4%11.6%
  10.6%4.1%
  0.5%0.9%
  2.1%2.1%
  4.1%4.7%
  2.3%1.9%
  3.9%6.7%
  0.1%0.1%
  5.4%4.3%
  8.0%9.3%
  14.9%13.8%
  1.3%2.2%
  7.9%7.4%
  5.4%4.9%
  6.4%4.8%
ECONOMY MAP
  • Unemployment Rate (US Avg: 5.2%)
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    MAPS OF ZIP 38016 (MEMPHIS, TN)
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    Memphis (zip 38016)

    NEW LISTINGS IN 38016
    $307,000
    1394 Cedar Run Cv
    Bed 4 | Bath 3

    $150,000
    2333 Valley Edge Cv
    Bed 3 | Bath 2

    $395,000
    1856 Wood Oak Dr
    Bed 5 | Bath 4

    $190,000
    2783 Fletcher Park Cir W
    Bed 3 | Bath 2

    $258,000
    8810 Lybrook Cv E
    Bed 4 | Bath 3

    $219,900
    8894 Gooseberry Cv
    Bed 4 | Bath 3

    $379,000
    1884 Steeplebrook Cv
    Bed 3 | Bath 4


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