Memphis Tennessee Real Estate
Memphis, Tennessee, is located in Shelby County, of , and of , . Memphis has a population of 650,100.
Memphis Homes
Memphis properties pool is 250,810 residential properties including Memphis new homes. Median age of real estate in Memphis is 1966. Average Household size is 3.18 people. 2% are one bedroom homes, 20% are 2 bedroom homes, 57% are 3 bedroom homes, 17% are 4 bedroom homes, and 4% are 5+ bedroom homes.
Memphis Mortgage Statistics
Memphis mortgages vs. USA median statistics
| Homes |
Memphis |
USA |
| Homes With No Mortgage |
28% |
30% |
| Homes With Mortgage |
72% |
70% |
| First Mortgage Only |
59% |
54% |
| First & Second Mortgage or HELOC |
13% |
16% |
Memphis Area Real Estate Tax
Memphis Real estate Tax: Median Real Estate Taxes (2000) were $913 comparing to 1999 Median Family income $ 37,767. Compare to USA median yearly Real Estate Tax $1,300 and USA median Family Income $42,000 (1999).
Memphis School District: Children make up 27.9% of Memphis population. Memphis has 181,295 under 18 years old residents, or 0.66 kids per one worker, or 0.72 kids per one household.
Memphis Real Estate & Memphis Homeownership
There are 77751.1 or 31% one person households, 72734.9 or 29% two person households, and 42637.7 or 17% three person households in Memphis, Tennessee. Median residents age is 31.9, Senior citizens (65+) make up 71,026 or 10.9%% of Memphis population.
There are 274,934 workers (over 16 years of age) in Memphis. Of these, 92.31% drive to work. Approximately 3.01% of workers in Memphis take public transportation. An estimated 1.93% walk to work.
Median Memphis homeowner's housing expences are 19.6%
Crime in Memphis (2003), crimes per 10,000 residents per year
| Type of Crime |
Memphis |
USA, 2003 |
| Violent Crimes |
158.39 |
47.5 |
| Robberies |
66.1 |
14.2 |
| Aggravated Assaults |
83.62 |
29.5 |
| Property Crimes |
853.33 |
358.8 |
| Burglaries |
259.96 |
74.0 |
| Larceny-Thefts |
462.22 |
241.5 |
| Motor Vehicle Thefts |
131.15 |
43.3 |
Invest in Memphis Properties
When making a decision about buying real estate in Memphis Tennessee area, you should consider following statistical data:
| Category |
Memphis |
USA |
| Near Medium City |
|
- |
| Near Large City |
|
- |
| Memphis Zip Codes |
38103, 38104, 38105, 38106, 38107, 38108, 38109, 38111, 38112, 38114, 38115, 38116, 38117, 38118, 38119, 38120, 38122, 38125, 38126, 38127, 38128, 38131, 38132, 38133, 38134, 38135, 38137, 38138, 38139, 38141, 38157 |
- |
| Memphis Area Codes |
901 |
- |
| White population |
34.41% |
75.1% |
| African-American population |
61.41% |
12.3% |
| Asian |
1.46% |
3.6% |
| American Indian & Alaskan |
0.19% |
0.9% |
| Hispanic (of any race) |
2.97% |
12.5% |
| Median Family Income (1999) |
$ 37,767% |
$42,000 |
| Population Below Poverty Level |
20% |
12.4% |
Memphis Tennessee Real Estate page will be updated soon. Bookmark this page and come back later to review:
Memphis Real Estate For Sale
Memphis Rental Real Estate
Memphis Real Estate Agency
Memphis Real Estate Investors
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