ZIP 38139 · Germantown, Tennessee

2026 Edition · 8 cards · data as of Oct 30, 2026

ALMANAC
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  1. Population

    16,466 people call ZIP 38139 home.

    16,466

    people.

    Census ACS 5-year, 2020-2024. Sources: Census ACS 5-year

  2. Rent

    Median rent is up 35% since the 2010–2014 survey, before inflation.

    $2,697

    a month. Tennessee's median is $1,189.

    Census ACS 5-year, 2020-2024 (latest), with earlier 5-year windows. Sources: Census ACS 5-year

  3. Room to build

    The median rent is above what local wages can carry.

    $924–$1,386

    is the monthly rent range local workforce wages support.

    • $2,697 median

    Supportable rent computed by the Almanac from 2023 source wage data. Median rent: Census ACS 5-year, 2020-2024. Sources: Computed by the Almanac, Census ACS 5-year

  4. Building

    Most of the housing here is older than 2000.

    • 76% of all homes were built before 2000

    Census ACS 5-year, 2020-2024. Sources: Census ACS 5-year

  5. Units needed

    Closing the gap would add 0.0–0.2% to the 6,053 homes here.

    2–14

    is the estimated number of missing housing units, from the lowest to the highest of three estimates.

    Range computed by the Almanac from 2023 jobs and household data, using three demand models: 1% of jobs located here, 1% of renter households, and a rate by town size applied to renters. The low end is the lowest of the three and the high end the highest. It is an estimate, not a count. Sources: Computed by the Almanac

  6. Home value

    A median home costs 101% more than Tennessee's.

    $575,500

    median home value in ZIP 38139.

    • $575,500 ZIP 38139
    • $286,700 Tennessee
    • $332,700 U.S.

    Census ACS 5-year, 2020-2024. Sources: Census ACS 5-year

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