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ZIP Code 38016

Shelby, Tennessee

ZCTA 38016

Juniper

ZIP Code 38016 is in the highest 35% nationally for FEMA risk score. It also sits in the highest 19% nationally for median rent. And it sits in the lowest 24% nationally for home price growth over five years.

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

$291,917

Lower than 61% of U.S. ZIP codes
Home Price Growth, Past Five Years

42%

Lower than 76% of U.S. ZIP codes
FEMA Risk Score0–100; 0 = lowest modelled risk, 100 = highest, vs places of the same type

76.5

Higher than 65% of U.S. ZIP codes

The boundary of ZIP Code 38016, in Shelby, Tennessee.

The basics

Total Population

44,136

Median Age

37

Population Density

2,436.54

Home values & property tax

Median Property Tax

$2,810

Property Tax Rateyearly tax as a share of home value

0.99%

Cost of living & affordability

Home Price vs Incomeyears of income to buy a typical home

3.69×

Higher than 65% of U.S. ZIP codes
Median Income

$76,569

Higher than 57% of U.S. ZIP codes
Median Rent

$1,595

Higher than 81% of U.S. ZIP codes

Home prices & appreciation

Home Price Growth, Past Year

0.94%

Lower than 70% of U.S. ZIP codes
Pandemic Price Run-Up2019–20 low → 2022–23 peak

48%

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

22%

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)

57.2

Annual Snowfall (in)

2.8

Flood & disaster risk

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

76.5

Higher than 65% 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 38016: frequently asked questions

What is the typical home value in ZIP Code 38016?
The estimated median home value in ZIP Code 38016 today is $291,917, lower than 61% 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 0.99% 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 65% 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 81% 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.
How many people live in ZIP Code 38016?
ZIP Code 38016 has a population of 44,136, about 2,436.54 people per square mile, per the U.S. Census American Community Survey. The median age is 37.
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 76.5 (higher than 65% 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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