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ZIP Code 38118

Shelby, Tennessee

FIPS 38118

Juniper

ZIP Code 38118 is in the top 7% nationally for HPI growth 5yr %, but in the bottom 24% nationally for FEMA risk score. It also sits in the 20th percentile nationally for median home value. And it sits in the 71th percentile nationally for median rent.

Median Home Value

$107,600

Lower than 80% of U.S. ZIP codes

HPI Growth 5yr %

69%

Higher than 93% of U.S. ZIP codes

FEMA Risk Score

84.2

Higher than 76% of U.S. ZIP codes

The basics

Total Population

39,107

Median Age

29.1

Home values & property tax

Ranked against U.S. ZIP codes.

Median Home Value

$107,600

Lower than 80%

Median Property Tax

$1,234

Effective Tax Rate

1%

Cost of living & affordability

Ranked against U.S. ZIP codes.

Price-to-Income Ratio

2.48

Lower than 63%

Median Rent

$1,181

Higher than 71%

Home prices & appreciation

Ranked against U.S. ZIP codes.

HPI Growth 5yr %

69%

Higher than 93%

Appreciation 1yr %

1.5%

Higher than 71%

Pandemic Gain %

75%

Recession Drop %

-34%

Climate & weather

Ranked against U.S. ZIP codes.

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

Ranked against U.S. ZIP codes.

FEMA Risk Score

84.2

Higher than 76%

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 38118: frequently asked questions

What is the median home value in ZIP Code 38118?
The median home value in ZIP Code 38118 is $107,600, lower than 80% of U.S. ZIP codes.
How much is property tax in ZIP Code 38118?
The median annual property tax in ZIP Code 38118 is $1,234, an effective rate of 1% of home value.
Is ZIP Code 38118 expensive to live in?
Homes in ZIP Code 38118 cost about 2.48× the median household income, lower than 63% of U.S. ZIP codes.
What is the average rent in ZIP Code 38118?
The median gross rent in ZIP Code 38118 is $1,181 a month, higher than 71% of U.S. ZIP codes.
How much have home prices grown in ZIP Code 38118?
Home prices in ZIP Code 38118 have moved 69% over the past five years (1.5% in the past year), per the FHFA House Price Index.
What is the weather like in ZIP Code 38118?
ZIP Code 38118 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 38118 at risk of flooding or natural disasters?
ZIP Code 38118's FEMA National Risk Index score is 84.2 (higher than 76% 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 →