Cost of Living in ZIP 38101
Memphis, TN — Shelby County
ZIP code 38101 has a cost of living index of 83 (100 = national average), making it significantly more affordable than the national average. Part of the Memphis MSA.
Cost of Living Index
83
vs. National Avg
-17
Median Income
$42,000
Median Home Price
$165,000
Property Tax Rate
0.72%
Population
633,104
County
Shelby County
Metro Area
Memphis MSA
About ZIP 38101
ZIP code 38101 is located in Memphis, TN (Shelby County). With a cost of living index of 83, this area is more affordable than the national average. The median home price of $165,000 reflects this lower cost.
The median household income in this ZIP code is $42,000. This is below the national median, so cost of living relative to income is an important factor.
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