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ZIP Code 38118

Shelby, Tennessee

ZCTA 38118

Juniper

ZIP Code 38118 is in the highest 25% nationally for FEMA risk score. It also sits in the lowest 2% nationally for typical home value. And it sits in the lowest 8% nationally for median income.

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

$128,357

Lower than 98% of U.S. ZIP codes
Home Price Growth, Past Five Years

69%

Higher than 86% of U.S. ZIP codes
FEMA Risk Score0–100; 0 = lowest modelled risk, 100 = highest, vs places of the same type

83.2

Higher than 75% of U.S. ZIP codes

The boundary of ZIP Code 38118, in Shelby, Tennessee.

The basics

Total Population

39,107

Median Age

29.1

Population Density

1,283.59

Home values & property tax

Median Property Tax

$1,234

Property Tax Rateyearly tax as a share of home value

1.1%

Cost of living & affordability

Home Price vs Incomeyears of income to buy a typical home

2.48×

Lower than 71% of U.S. ZIP codes
Median Income

$43,446

Lower than 92% of U.S. ZIP codes
Median Rent

$1,181

Higher than 63% of U.S. ZIP codes

Home prices & appreciation

Home Price Growth, Past Year

1.5%

Lower than 66% of U.S. ZIP codes
Pandemic Price Run-Up2019–20 low → 2022–23 peak

75%

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

34%

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

83.2

Higher than 75% 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 38118: frequently asked questions

What is the typical home value in ZIP Code 38118?
The estimated median home value in ZIP Code 38118 today is $128,357, lower than 98% 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 1.1% 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 71% 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 63% 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.
How many people live in ZIP Code 38118?
ZIP Code 38118 has a population of 39,107, about 1,283.59 people per square mile, per the U.S. Census American Community Survey. The median age is 29.1.
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 83.2 (higher than 75% 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 contributors (ODbL), EPA. Explore the map →

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