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ZIP Code 38115

Shelby, Tennessee

FIPS 38115

Juniper

ZIP Code 38115 is in the top 20% nationally for HPI growth 5yr %. It also sits in the top 28% nationally for appreciation 1yr %. And it sits in the 71th percentile nationally for median rent.

Median Home Value

$145,400

Lower than 69% of U.S. ZIP codes

HPI Growth 5yr %

55%

Higher than 80% of U.S. ZIP codes

FEMA Risk Score

59.3

Lower than 58% of U.S. ZIP codes

The basics

Total Population

38,491

Median Age

29.9

Home values & property tax

Ranked against U.S. ZIP codes.

Median Home Value

$145,400

Lower than 69%

Median Property Tax

$1,583

Effective Tax Rate

1%

Cost of living & affordability

Ranked against U.S. ZIP codes.

Price-to-Income Ratio

3.19

Higher than 57%

Median Rent

$1,185

Higher than 71%

Home prices & appreciation

Ranked against U.S. ZIP codes.

HPI Growth 5yr %

55%

Higher than 80%

Appreciation 1yr %

2%

Higher than 72%

Pandemic Gain %

60%

Recession Drop %

-31%

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)

57.8

Annual Snowfall (in)

2.8

Flood & disaster risk

Ranked against U.S. ZIP codes.

FEMA Risk Score

59.3

Lower than 58%

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 38115: frequently asked questions

What is the median home value in ZIP Code 38115?
The median home value in ZIP Code 38115 is $145,400, lower than 69% of U.S. ZIP codes.
How much is property tax in ZIP Code 38115?
The median annual property tax in ZIP Code 38115 is $1,583, an effective rate of 1% of home value.
Is ZIP Code 38115 expensive to live in?
Homes in ZIP Code 38115 cost about 3.19× the median household income, higher than 57% of U.S. ZIP codes.
What is the average rent in ZIP Code 38115?
The median gross rent in ZIP Code 38115 is $1,185 a month, higher than 71% of U.S. ZIP codes.
How much have home prices grown in ZIP Code 38115?
Home prices in ZIP Code 38115 have moved 55% over the past five years (2% in the past year), per the FHFA House Price Index.
What is the weather like in ZIP Code 38115?
ZIP Code 38115 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 38115 at risk of flooding or natural disasters?
ZIP Code 38115's FEMA National Risk Index score is 59.3 (lower than 58% of U.S. ZIP codes). Its greatest modeled natural hazard is earthquake.

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