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AREA INFORMATION

38117 (Memphis, TN)

Explore the real estate in 38117 (Memphis, TN)

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Area Highlights

38117 (Memphis, TN) residents have a median age of 38.9 years old, with employment highest in the administrative support and food industries.

26,486 Population

11,524 Households

$97,843 /yr
Median Household Income

$272,500
Median Home Sale Price

16m Median Commute Time

Most people in this area drive to work.

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Median Age

Median age is the age that divides a population into two numerically equally sized groups; that is, half the people are younger than this age and half are older. It is a single index that summarizes the age distribution of a population.

LEGEND

  • 61+ years old
  • 51 to 60 years old
  • 41 to 50 years old
  • 31 to 40 years old
  • 21 to 30 years old
  • 11 to 20 years old
  • 0 to 10 years old

Median Home Price

The median sale price measures the “middle” price of homes that sold, meaning that half of the homes sold for a higher price and half sold for less.

LEGEND

  • $2,000,000+
  • $1,000,000 to $2,000,000
  • $800,000 to $1,000,000
  • $600,000 to $800,000
  • $400,000 to $600,000
  • $200,000 to $400,000
  • $0 to $200,000

Median Household Income

The median household income is the income amount that divides a population into two equal groups, half having a household income above that amount, and half having a household income below that amount.

LEGEND

  • $500,000+ per year
  • $250,000 to $500,000 per year
  • $150,000 to $250,000 per year
  • $100,000 to $150,000 per year
  • $75,000 to $100,000 per year
  • $50,000 to $75,000 per year
  • $0 to $50,000 per year

Family & Education

38.9 Median Age

Average Household Size

2.3
persons per
household

49.4%

Married Households

Community Population By Education

Bachelors Degree 32%
Graduate Degree 24%
Some College 18%
High School Graduate 16%
Some High School 5%
Associates Degree 4%

Household Family Expenses vs National Average

27.7% of households have children

Economics

$97,843 /yr
Median Household Income
$272,500
Median Sales Price
16 min
Median Commute Time

Household Expenses vs National Average

Household by Income

Transportation to Work

  • Drive 78%
  • Work from Home 21%
  • Walk or Bike 2%
  • Public Transit 0%

Occupancy by Type

Owned 8,659 71%
Rented 2,865 24%
Vacant 655 5%

White vs Blue Collar Jobs







White Collar 84%
Blue Collar 16%

Employment

Employees by Industry

Employees by Occupation

Demographics

Community Population By Age

Community Population By Ethnicity

White 74%
Black 13%
Hispanic 8%
Other 5%
Asian 2%
Native American <1%

Crime & Pollution

Crime vs National Average

Pollution vs National Average

Weather

91° July
Hottest Average Month
30° January
Coldest Average Month

Severe Weather

Average Temperature by Month

Low (°F)
High (°F)
Jan
30°
48°
Feb
33°
53°
Mar
41°
62°
Apr
50°
72°
May
59°
80°
Jun
67°
88°
Jul
71°
91°
Aug
69°
90°
Sep
62°
84°
Oct
50°
74°
Nov
40°
62°
Dec
33°
51°

Average Temperature in Degrees Fahrenheit

Precipitation

Precipitation (inch)

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* Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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