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ZIP Code 38111

Shelby, Tennessee

ZCTA 38111

Juniper

ZIP Code 38111 is in the highest 37% nationally for FEMA risk score. It also sits in the lowest 4% nationally for home price growth over five years. And it sits in the lowest 11% nationally for typical home value.

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

$188,229

Lower than 89% of U.S. ZIP codes
Home Price Growth, Past Five Years

26%

Lower than 96% of U.S. ZIP codes
FEMA Risk Score0–100; 0 = lowest modelled risk, 100 = highest, vs places of the same type

75

Higher than 63% of U.S. ZIP codes

The boundary of ZIP Code 38111, in Shelby, Tennessee.

The basics

Total Population

41,934

Median Age

32.2

Population Density

4,290.39

Home values & property tax

Median Property Tax

$2,228

Property Tax Rateyearly tax as a share of home value

1.2%

Cost of living & affordability

Home Price vs Incomeyears of income to buy a typical home

3.61×

Higher than 64% of U.S. ZIP codes
Median Income

$52,589

Lower than 82% of U.S. ZIP codes
Median Rent

$1,155

Higher than 61% of U.S. ZIP codes

Home prices & appreciation

Home Price Growth, Past Year

2.1%

Lower than 61% of U.S. ZIP codes
Pandemic Price Run-Up2019–20 low → 2022–23 peak

35%

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

13%

Climate & weather

Summer Avg High (°F)

90.9

Winter Avg Low (°F)

35.4

Avg Temperature (°F)

63.4

Hot Days/yr (>90°F)

72.1

Freezing Days/yr (<32°F)

44.4

Annual Precipitation (in)

54.9

Annual Snowfall (in)

2.7

Flood & disaster risk

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

75

Higher than 63% 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 38111: frequently asked questions

What is the typical home value in ZIP Code 38111?
The estimated median home value in ZIP Code 38111 today is $188,229, lower than 89% of U.S. ZIP codes.
How much is property tax in ZIP Code 38111?
The median annual property tax in ZIP Code 38111 is $2,228, an effective rate of 1.2% of home value.
Is ZIP Code 38111 expensive to live in?
Homes in ZIP Code 38111 cost about 3.61× the median household income, higher than 64% of U.S. ZIP codes.
What is the average rent in ZIP Code 38111?
The median gross rent in ZIP Code 38111 is $1,155 a month, higher than 61% of U.S. ZIP codes.
How much have home prices grown in ZIP Code 38111?
Home prices in ZIP Code 38111 have moved 26% over the past five years (2.1% in the past year), per the FHFA House Price Index.
How many people live in ZIP Code 38111?
ZIP Code 38111 has a population of 41,934, about 4,290.39 people per square mile, per the U.S. Census American Community Survey. The median age is 32.2.
What is the weather like in ZIP Code 38111?
ZIP Code 38111 averages 63.4°F year-round, summer highs near 90.9°F, winter lows around 35.4°F (NOAA 1991–2020 normals). It sees about 2.7 inches of snow a year.
Is ZIP Code 38111 at risk of flooding or natural disasters?
ZIP Code 38111's FEMA National Risk Index score is 75 (higher than 63% 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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