38016 can be classified socioeconomically as Lower Middle Class class compared to other ZIP Codes in Tennessee based on Median Household Income and Average Adjusted Gross Income. The majority race/ethnicity residing in 38016 is African American. The majority race/ethnicity attending public schools in 38016 is African American. The current unemployment level in 38016 is 3.3%.
| Population | 46,394 |
| Population Growth Rate | -2.41% |
| Population Density | 2,510 People per Square Mile |
| Total Households | 17,040 |
| Percentage High Income Households | 3.3% |
| Median Household Income (2021) | $66,480 |
| Average Adjusted Gross Income (2021) | $360,790 |
| Current Unemployment Rate (May 2026) | 3.3% |
| Sales Tax Rate (2025) | 9.8% |
| Majority Race/Ethnicty | African American - 54.86% |
| Public School Majority Race/Ethnicty | African American - 65.39% |
38016 Race/Ethnicty Breakdown
| Race/Ethnicty | Total | Percentage |
|---|
| White | 15,471 | 34.67% |
| Black | 24,393 | 54.66% |
| Hispanic | 2,179 | 4.88% |
| Asian | 2,377 | 5.33% |
| Native American | 46 | 0.1% |
| Hawaiian/Pac. Islander | 160 | 0.36% |
38016 Public School Race/Ethnicty Breakdown
| Race/Ethnicty | Total | Percentage |
|---|
| White | 643 | 10.43% |
| Black | 4,299 | 69.77% |
| Hispanic | 1,067 | 17.32% |
| Asian | 141 | 2.29% |
| Native American | 4 | 0.06% |
| Hawaiian/Pac. Islander | 8 | 0.13% |
38016 Educational Attainment Levels
| Highest Education Level Attained | Total | Percentage |
|---|
| Less Than 1 Year of College | 1,867 | 6.79% |
| Bachelor Degree | 7,590 | 27.6% |
| High School Diploma | 4,235 | 15.4% |
| No High School Diploma | 331 | 1.2% |
| GED or Alternate | 672 | 2.44% |
| 1 or More Years of College | 5,860 | 21.31% |
| Associates Degree | 2,266 | 8.24% |
| Masters Degree | 3,619 | 13.16% |
| Professional Degree | 696 | 2.53% |
| Doctorate Degree | 366 | 1.33% |