Memphis, TN
38103
Shelby County County · Tennessee · Pop. 10,240
Last updated: May 2026
Memphis, Tennessee (ZIP code 38103) is home to approximately 10,240 residents. The median household income in 38103 is $53,548, which is 24% below the national average of $70,784. The cost of living in 38103 is reflected in its housing market - the median home value is $231,537 and the average rent is $967/month. 38103 has a violent crime rate of 480.0 per 100,000 residents, which is 26% above the national average - earning it a safety grade of A. 38103 is served by with an average school rating of 6.0/10. Air quality in 38103 is rated Good with an average AQI of 41.7. The average commute time in 38103 is 28 minutes, 0 minutes above the national average. Compare 38103 vs national averages and nearby neighborhoods using our free ZipScore intelligence platform.
On This Page
👥 Demographics
Race & Ethnicity
💰 Income & Economy
Affordability Assessment: Renters in this area spend approximately 22% of their income on rent, which is considered very affordable. Home prices are moderately affordable at 4.3x the median income.
🏠 Housing
🔒 Safety & Crime
Memphis (38103) has higher-than-average violent crime rates at 26% above the US average. Review specific crime types below for more detail.
🎓 Schools & Education
Top Schools in 38103
| School | Type | Rating | Students |
|---|---|---|---|
| St. Mary's School of Memphis | public | 7/10 | 730 |
| Memphis Academy | public | 6/10 | 340 |
| Memphis Charter School | public | 5/10 | 341 |
| Lincoln Elementary | public | 5/10 | 713 |
🌡️ Climate & Weather
🌫️ Air Quality
⚠️ Natural Disaster Risk
🚗 Commute
Nearby ZIP Codes
Compare 38103 With Another ZIP
Pros and Cons of Living in Memphis, TN (38103)
Based on crime, housing, income, schools, and air quality data
✅ Pros
- + Affordable housing - median home value $231,537 (below national average of $303,400)
- + Affordable rent - average $967/month vs national $1,163/month
- + Good air quality - average AQI of 41.7 (rated "Good" by EPA standards)
⚠️ Cons
- − Higher-than-average crime - violent crime rate 26% above US average
Data sourced from US Census Bureau, FBI Crime Statistics, and EPA. Individual experiences may vary.
Frequently Asked Questions about ZIP Code 38103
What is the population of 38103? ▼
The population of ZIP code 38103 in Memphis, Tennessee is approximately 10,240 people.
Is 38103 safe to live in? ▼
Memphis (38103) has higher-than-average violent crime rates at 26% above the US average. Review specific crime types below for more detail. Safety Grade: A.
What is the median income in 38103? ▼
The median household income in 38103 (Memphis, Tennessee) is $53,548. The per capita income is $34,806. The US national median household income is $70,784.
What is the cost of living in 38103? ▼
Renters in this area spend approximately 22% of their income on rent, which is considered very affordable. Home prices are moderately affordable at 4.3x the median income. Median home value: $231,537. Average rent: $967/month.
What are schools like in 38103? ▼
Schools in 38103 receive an Education Grade of C-. There are 4 schools with an average rating of 6.0/10 and a student-teacher ratio of 19:1. See the full schools section above for individual school listings.
What is the crime rate in 38103? ▼
The violent crime rate in 38103 is 480.0 per 100,000 residents, which is above the national average of 380.7. Property crime rate: 2415.0 per 100k (national avg: 1,958.2).
What is the average rent in 38103? ▼
The median monthly rent in 38103 (Memphis, Tennessee) is $967/month. The national median rent is $1,163/month. This ZIP code is more affordable than the national average for renters.
What is the median home value in 38103? ▼
The median home value in 38103 (Memphis, Tennessee) is $231,537. The national median home value is $303,400. Homes in this ZIP code are more affordable than the national average.
Is 38103 a good place to live? ▼
38103 (Memphis, Tennessee) has a ZipScore of 54/100 - our composite score based on safety (25%), affordability (20%), schools (15%), air quality (10%), climate (10%), commute (10%), and disaster risk (10%). This area has some advantages but also tradeoffs - review each section.
What is the air quality in 38103? ▼
The average Air Quality Index (AQI) in 38103 is 41.7 - rated Good by EPA standards. Average PM2.5 level: 6.1 µg/m³.
Data sourced from U.S. Census Bureau (ACS), FBI Uniform Crime Report, EPA AirNow, FEMA National Risk Index, and Open-Meteo. Last updated: May 2026