ZIP Code 38016 — ZIP 38016, TN

IRS Income Data, Tax Year 2022

$63,690
Average AGI
#16,450
National Rank
#250
TN State Rank
22,570
Tax Returns

Income Bracket Distribution

Percentage of tax returns in each AGI bracket for ZIP 38016.

$1 - $25,000
27.5%
$25,000 - $50,000
26.8%
$50,000 - $75,000
18.2%
$75,000 - $100,000
10.8%
$100,000 - $200,000
13.6%
$200,000 or more
3.1%

Detailed Bracket Data

Income Bracket Returns Total AGI Avg AGI in Bracket % of Returns
$1 - $25,000 6,210 $85,636,000 $13,790 27.5%
$25,000 - $50,000 6,040 $223,851,000 $37,061 26.8%
$50,000 - $75,000 4,110 $252,960,000 $61,547 18.2%
$75,000 - $100,000 2,440 $210,435,000 $86,243 10.8%
$100,000 - $200,000 3,070 $413,062,000 $134,547 13.6%
$200,000 or more 700 $251,557,000 $359,367 3.1%
Total 22,570 $1,437,501,000 $63,690 100%

Nearby Major Cities

Closest cities by distance with significant tax filing activity.

City Distance Avg AGI Tax Returns
Memphis, TN 11 mi $66,727 265,050
Little Rock, AR 150 mi $97,622 96,220
Clarksville, TN 165 mi $63,017 93,830
Nashville, TN 181 mi $129,198 210,340
Huntsville, AL 182 mi $87,067 96,740
Murfreesboro, TN 196 mi $78,465 56,840

Similar ZIP Codes in Tennessee

ZIP Code City Avg AGI Nat. Rank
37359 Mulberry $63,653 #16,475
37714 Caryville $63,783 #16,395
38372 Savannah $63,855 #16,365
37058 Dover $63,512 #16,548
38237 Martin $63,868 #16,358
37601 Johnson City $63,885 #16,344
37860 Russellville $63,892 #16,341
37329 Englewood $63,919 #16,319

Nearby ZIP Codes

Closest ZIP codes by geographic distance.

ZIP Code City Distance Avg AGI Nat. Rank
38133 Memphis, TN 3.0 mi $74,823 #10,698
38028 Eads, TN 4.8 mi $216,837 #741
38134 Bartlett, TN 5.0 mi $48,833 #24,715
38120 Memphis, TN 5.2 mi $303,945 #360
38138 Germantown, TN 5.8 mi $166,209 #1,362
38135 Memphis, TN 6.1 mi $71,396 #12,265
38139 Germantown, TN 6.4 mi $265,647 #473
38017 Collierville, TN 7.3 mi $144,812 #1,890

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.