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ZIP Code 38016

Shelby, Tennessee

FIPS 38016

Juniper

ZIP Code 38016 is in the top 31% nationally for appreciation 1yr %, but in the bottom 31% nationally for price-to-income ratio. It also sits in the 85th percentile nationally for median rent. And it sits in the 67th percentile nationally for median home value.

Median Home Value

$282,800

Higher than 67% of U.S. ZIP codes

HPI Growth 5yr %

42%

Higher than 64% of U.S. ZIP codes

FEMA Risk Score

76.9

Higher than 66% of U.S. ZIP codes

The basics

Total Population

44,136

Median Age

37

Home values & property tax

Ranked against U.S. ZIP codes.

Median Home Value

$282,800

Higher than 67%

Median Property Tax

$2,810

Effective Tax Rate

1%

Cost of living & affordability

Ranked against U.S. ZIP codes.

Price-to-Income Ratio

3.69

Higher than 69%

Median Rent

$1,595

Higher than 85%

Home prices & appreciation

Ranked against U.S. ZIP codes.

HPI Growth 5yr %

42%

Higher than 64%

Appreciation 1yr %

0.94%

Higher than 69%

Pandemic Gain %

48%

Recession Drop %

-22%

Climate & weather

Ranked against U.S. ZIP codes.

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)

57.2

Annual Snowfall (in)

2.8

Flood & disaster risk

Ranked against U.S. ZIP codes.

FEMA Risk Score

76.9

Higher than 66%

The full report

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

  • People

  • Work & Money

  • Housing

  • Amenities

  • Environment & Risk

ZIP Code 38016: frequently asked questions

What is the median home value in ZIP Code 38016?
The median home value in ZIP Code 38016 is $282,800, higher than 67% of U.S. ZIP codes.
How much is property tax in ZIP Code 38016?
The median annual property tax in ZIP Code 38016 is $2,810, an effective rate of 1% of home value.
Is ZIP Code 38016 expensive to live in?
Homes in ZIP Code 38016 cost about 3.69× the median household income, higher than 69% of U.S. ZIP codes.
What is the average rent in ZIP Code 38016?
The median gross rent in ZIP Code 38016 is $1,595 a month, higher than 85% of U.S. ZIP codes.
How much have home prices grown in ZIP Code 38016?
Home prices in ZIP Code 38016 have moved 42% over the past five years (0.94% in the past year), per the FHFA House Price Index.
What is the weather like in ZIP Code 38016?
ZIP Code 38016 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 38016 at risk of flooding or natural disasters?
ZIP Code 38016's FEMA National Risk Index score is 76.9 (higher than 66% of U.S. ZIP codes). Its greatest modeled natural hazard is tornado.

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