ZIP Code 38141 — Memphis, TN
IRS Income Data, Tax Year 2022
$40,275
Average AGI
#26,745
National Rank
#571
TN State Rank
10,760
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 38141.
Detailed Bracket Data
| Income Bracket | Returns | Total AGI | Avg AGI in Bracket | % of Returns |
|---|---|---|---|---|
| $1 - $25,000 | 4,100 | $58,854,000 | $14,354 | 38.1% |
| $25,000 - $50,000 | 3,710 | $135,296,000 | $36,467 | 34.5% |
| $50,000 - $75,000 | 1,700 | $103,199,000 | $60,705 | 15.8% |
| $75,000 - $100,000 | 720 | $61,456,000 | $85,355 | 6.7% |
| $100,000 - $200,000 | 490 | $63,328,000 | $129,240 | 4.6% |
| $200,000 or more | 40 | $11,227,000 | $280,675 | 0.4% |
| Total | 10,760 | $433,360,000 | $40,275 | 100% |
Nearby Major Cities
Closest cities by distance with significant tax filing activity.
| City | Distance | Avg AGI | Tax Returns |
|---|---|---|---|
| Little Rock, AR | 144 mi | $97,622 | 96,220 |
| Clarksville, TN | 175 mi | $63,017 | 93,830 |
| Huntsville, AL | 185 mi | $87,067 | 96,740 |
| Jackson, MS | 187 mi | $54,893 | 61,210 |
| Nashville, TN | 189 mi | $129,198 | 210,340 |
| Birmingham, AL | 201 mi | $51,611 | 65,650 |
Similar ZIP Codes in Tennessee
| ZIP Code | City | Avg AGI | Nat. Rank |
|---|---|---|---|
| 37715 | Clairfield | $40,334 | #26,735 |
| 38376 | Shiloh | $40,700 | #26,677 |
| 37729 | Duff | $40,895 | #26,652 |
| 38107 | Memphis | $39,620 | #26,829 |
| 38122 | Memphis | $41,099 | #26,620 |
| 37710 | Devonia | $42,554 | #26,376 |
| 37406 | Chattanooga | $42,741 | #26,341 |
| 37665 | Lynn Garden | $42,980 | #26,298 |
Nearby ZIP Codes
Closest ZIP codes by geographic distance.
| ZIP Code | City | Distance | Avg AGI | Nat. Rank |
|---|---|---|---|---|
| 38115 | Hickory Hill, TN | 3.1 mi | $34,557 | #27,314 |
| 38125 | Memphis, TN | 4.1 mi | $65,357 | #15,469 |
| 38119 | Memphis, TN | 4.5 mi | $100,605 | #4,586 |
| 38118 | Memphis, TN | 4.6 mi | $34,489 | #27,319 |
| 38138 | Germantown, TN | 6.1 mi | $166,209 | #1,362 |
| 38672 | Zcta 38672, MS | 6.2 mi | $78,907 | #9,170 |
| 38654 | Olive Branch, MS | 6.5 mi | $77,807 | #9,555 |
| 38018 | Cordova, TN | 6.8 mi | $72,862 | #11,567 |
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.