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ZIP Code 38002

Shelby, Tennessee

ZCTA 38002

Juniper

ZIP Code 38002 is in the 89th percentile nationally for median income. It also sits in the highest 14% nationally for median rent. And it sits in the lowest 28% nationally for home price growth over five years.

Typical Home Valuemedian home value (ACS), re-priced to today on the FHFA index

$420,799

Higher than 64% of U.S. ZIP codes
Home Price Growth, Past Five Years

44%

Lower than 72% of U.S. ZIP codes
FEMA Risk Score0–100; 0 = lowest modelled risk, 100 = highest, vs places of the same type

72.4

Higher than 59% of U.S. ZIP codes

The boundary of ZIP Code 38002, in Shelby, Tennessee.

The basics

Total Population

43,882

Median Age

40.1

Population Density

377.32

Home values & property tax

Median Property Tax

$3,376

Property Tax Rateyearly tax as a share of home value

0.85%

Cost of living & affordability

Home Price vs Incomeyears of income to buy a typical home

3.42×

Higher than 59% of U.S. ZIP codes
Median Income

$116,895

Higher than 89% of U.S. ZIP codes
Median Rent

$1,753

Higher than 86% of U.S. ZIP codes

Home prices & appreciation

Home Price Growth, Past Year

1.6%

Lower than 65% of U.S. ZIP codes
Pandemic Price Run-Up2019–20 low → 2022–23 peak

44%

2008 Crash: Peak-to-Trough Drophow far prices fell, 2007 → 2011

14%

Climate & weather

Summer Avg High (°F)

90.1

Winter Avg Low (°F)

31.8

Avg Temperature (°F)

61.1

Hot Days/yr (>90°F)

68.8

Freezing Days/yr (<32°F)

68.4

Annual Precipitation (in)

55

Annual Snowfall (in)

2.8

Flood & disaster risk

FEMA Risk Score0–100; 0 = lowest modelled risk, 100 = highest, vs places of the same type

72.4

Higher than 59% of U.S. ZIP codes

The full report

Six pillars — each with percentile benchmarks, 16-year trends, and per-metric detail.

  • People

  • Work & Money

  • Housing

  • Amenities

  • Climate

  • Environment & Risk

ZIP Code 38002: frequently asked questions

What is the typical home value in ZIP Code 38002?
The estimated median home value in ZIP Code 38002 today is $420,799, higher than 64% of U.S. ZIP codes.
How much is property tax in ZIP Code 38002?
The median annual property tax in ZIP Code 38002 is $3,376, an effective rate of 0.85% of home value.
Is ZIP Code 38002 expensive to live in?
Homes in ZIP Code 38002 cost about 3.42× the median household income, higher than 59% of U.S. ZIP codes.
What is the average rent in ZIP Code 38002?
The median gross rent in ZIP Code 38002 is $1,753 a month, higher than 86% of U.S. ZIP codes.
How much have home prices grown in ZIP Code 38002?
Home prices in ZIP Code 38002 have moved 44% over the past five years (1.6% in the past year), per the FHFA House Price Index.
How many people live in ZIP Code 38002?
ZIP Code 38002 has a population of 43,882, about 377.32 people per square mile, per the U.S. Census American Community Survey. The median age is 40.1.
What is the weather like in ZIP Code 38002?
ZIP Code 38002 averages 61.1°F year-round, summer highs near 90.1°F, winter lows around 31.8°F (NOAA 1991–2020 normals). It sees about 2.8 inches of snow a year.
Is ZIP Code 38002 at risk of flooding or natural disasters?
ZIP Code 38002's FEMA National Risk Index score is 72.4 (higher than 59% of U.S. ZIP codes). Its greatest modeled natural hazard is inland flooding.

Sources: U.S. Census ACS, FEMA National Risk Index, FHFA House Price Index, OpenStreetMap contributors (ODbL), EPA. Explore the map →

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