Located in the state of Tennessee, Memphis is a large city with a population of 655,857 residents. Memphis is not known to have a high population (over 15 years old) of married people. At only 50% married, this city falls well below the national average. If you are not a fan of long commutes, you will enjoy living in Memphis. With average one way commute time of only 22 minutes, getting to and from work is a breeze compared to the national average of 26 minutes.
Whether you’re moving to a new town to be closer to family, friends or for a new job, living in Memphis could be a positive experience compared to other cities in Tennessee if you know where to search. Don't forget to determine what matters most to you in a neighborhood. Consider factors such as safety, proximity to work or school, access to amenities (like parks, fitness facilities, grocery stores, restaurants), public transportation options, community atmosphere and the overall vibe you're looking for. To help you find the best places to live in and around Memphis, AreaVibes has created a livability score using key metrics like education, employment, housing and more.
Memphis, TN receives 70 out of 100 for its livability score; this results in a ranking of #46 in Tennessee and #6,732 in the USA. If we consider each of the categories individually, we see that Memphis ranks well for amenities (B) and housing (B+). On a less positive note, Memphis does not have favorable grades for the following: crime (F), education (F) and employment (F). If we take a look at the data, we can find out why.
Location, location, location - those 3 words empasize the significance of the location of any property and are possibly the three most important words in your search for a new place to live. Fortunately, in Memphis, there are an abundance of amazing local amenities and other interesting things to do. These include grocery stores, coffee shops, places to eat and parks. Here are some of the more popular things to do in Memphis: Graceland, Sun Studio, and Beale Street.
A healthy real estate market serves as a key economic indicator. It could signify overall local economic strength, stability and reflects consumer confidence in the area. Based on multiple factors including: median home and rental prices, appreciation rates and home affordability, Memphis has received high marks in the housing category. Based on these calculations, the apartment rental and real estate market appears to be very healthy.
Certain items on your wish list like shopping, restaurants, nightlife, parks and proximity to public transportation are all important things to look for. Having said that, perhaps the most important metric to consider when contemplating a move to Memphis is real estate affordability. Median real estate prices in Memphis come in at $93,700, which is 35.8% lower than the Tennessee average. The home price to income ratio compares the median home prices to the median household income. In Memphis, the home price to income ratio is 2.5, which is 19.4% lower than the Tennessee average.
|Average one way commute||22min||25min||26min|
|Workers who drive to work||81.6%||83.6%||76.4%|
|Workers who carpool||10.4%||9.2%||9.3%|
|Workers who take public transit||1.3%||0.8%||5.1%|
|Workers who bicycle||0.2%||0.1%||0.6%|
|Workers who walk||1.4%||1.4%||2.8%|
|Working from home||3.8%||3.9%||4.6%|