ZIP Code 38104 — Memphis, TN
IRS Income Data, Tax Year 2022
$105,087
Average AGI
#4,100
National Rank
#47
TN State Rank
9,950
Tax Returns
About Memphis, TN
FedEx logistics hub and healthcare center anchor employment and income for region. No state income tax advantage for all earners provides advantage to all earners. Lower incomes and employment disparities challenge stability.
Income Bracket Distribution
Percentage of tax returns in each AGI bracket for ZIP 38104.
Detailed Bracket Data
| Income Bracket | Returns | Total AGI | Avg AGI in Bracket | % of Returns |
|---|---|---|---|---|
| $1 - $25,000 | 2,620 | $35,138,000 | $13,411 | 26.3% |
| $25,000 - $50,000 | 2,500 | $92,144,000 | $36,857 | 25.1% |
| $50,000 - $75,000 | 1,580 | $96,064,000 | $60,800 | 15.9% |
| $75,000 - $100,000 | 850 | $73,081,000 | $85,977 | 8.5% |
| $100,000 - $200,000 | 1,430 | $198,122,000 | $138,546 | 14.4% |
| $200,000 or more | 970 | $551,075,000 | $568,118 | 9.8% |
| Total | 9,950 | $1,045,624,000 | $105,087 | 100% |
Nearby Major Cities
Closest cities by distance with significant tax filing activity.
| City | Distance | Avg AGI | Tax Returns |
|---|---|---|---|
| Little Rock, AR | 137 mi | $97,622 | 96,220 |
| Clarksville, TN | 177 mi | $63,017 | 93,830 |
| Nashville, TN | 194 mi | $129,198 | 210,340 |
| Huntsville, AL | 195 mi | $87,067 | 96,740 |
| Jackson, MS | 195 mi | $54,893 | 61,210 |
| Murfreesboro, TN | 210 mi | $78,465 | 56,840 |
Similar ZIP Codes in Tennessee
| ZIP Code | City | Avg AGI | Nat. Rank |
|---|---|---|---|
| 38002 | Arlington | $105,082 | #4,101 |
| 37122 | Mount Juliet | $105,225 | #4,083 |
| 37075 | Hendersonville | $102,799 | #4,345 |
| 37085 | Lascassas | $102,705 | #4,352 |
| 37774 | Loudon | $102,238 | #4,404 |
| 37118 | Milton | $101,843 | #4,437 |
| 38119 | Memphis | $100,605 | #4,586 |
| 37221 | Bellevue | $109,965 | #3,611 |
Nearby ZIP Codes
Closest ZIP codes by geographic distance.
| ZIP Code | City | Distance | Avg AGI | Nat. Rank |
|---|---|---|---|---|
| 38112 | Memphis, TN | 1.4 mi | $67,485 | #14,272 |
| 38105 | Memphis, TN | 2.1 mi | $33,907 | #27,357 |
| 38126 | Memphis, TN | 2.5 mi | $24,916 | #27,578 |
| 38107 | Memphis, TN | 2.6 mi | $39,620 | #26,829 |
| 38114 | Memphis, TN | 2.7 mi | $31,637 | #27,482 |
| 38103 | Memphis, TN | 3.0 mi | $163,463 | #1,419 |
| 38108 | Memphis, TN | 3.2 mi | $28,832 | #27,543 |
| 38111 | Memphis, TN | 3.5 mi | $81,534 | #8,321 |
About This Data
Income data is based on IRS Statistics of Income (SOI) ZIP code data for Tax Year 2022. AGI (Adjusted Gross Income) represents gross income minus certain deductions. Rankings are calculated across 590 ZIP codes in Tennessee and all U.S. ZIP codes nationally. Data reflects tax returns filed, not total population.