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AREA INFORMATION

38107 (Memphis, TN)

Explore the real estate in 38107 (Memphis, TN)

Area Highlights

38107 (Memphis, TN) residents have a median age of 38.7 years old, with employment highest in the education and transportation industries.

16,093 Population

6,950 Households

$46,480 /yr
Median Household Income

$161,500
Median Home Sale Price

22m Median Commute Time

Most people in this area drive to work.

Area Map

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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

38.7 Median Age

Average Household Size

2.3
persons per
household

16.9%

Married Households

Community Population By Education

High School Graduate 28%
Some College 22%
Some High School 18%
Bachelors Degree 14%
Graduate Degree 12%
Associates Degree 5%
Of the total people surveyed, the most prevalent educational attainment level is High School Graduate, representing 28.04% of the population.

Household Family Expenses vs National Average

This location’s average annual expenditures compared to the national average. Index score (100=National Average)
19.2% of households have children

Area Schools

PK-5
0.2 MILES
C-
Memphis Scholars Caldwell-guthrie (asd)
9-12
0.3 MILES
D-
Manassas High School
PK
0.5 MILES
Kids School Early Childhood Development Center
5-8
0.7 MILES
C
Kipp Memphis Collegiate Middle School
KG-4
0.7 MILES
C
Kipp Memphis Collegiate Elementary School
6-8
0.7 MILES
C-
Humes Preparatory Academy (asd)
4-7
0.8 MILES
C-
Believe Memphis Academy Charter School
KG-2
0.8 MILES
Perea Elementary School
PK-5
1.6 MILES
D
Vollentine Elementary School

Proximity to listed schools and their school district(s) does not guarantee enrollment eligibility. Please contact a local real estate professional or the local school district(s) for the most current information relating to schools in the area.

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Economics

$46,480 /yr
Median Household Income
$161,500
Median Sales Price
22 min
Median Commute Time

Household Expenses vs National Average

This location’s average annual expenditures by category compared to the national average. Index score (100=National Average)

Household by Income

Out of the households in this area, the largest income group is Under $15k representing 20.86% of the households.

Transportation to Work

  • Drive 79%
  • Work from Home 13%
  • Public Transit 5%
  • Walk or Bike 3%

Occupancy by Type

Rented 4,313 53%
Owned 2,637 32%
Vacant 1,263 15%

White vs Blue Collar Jobs







White Collar 77%
Blue Collar 23%

Employment

Employees by Industry

Employees by Occupation

Demographics

Community Population By Age

The median age for this area is 38.7 years old. The smallest percentage group is 25-34 years and the largest percentage is the 85+ years age range.

Community Population By Ethnicity

Black 70%
White 22%
Hispanic 3%
Asian 2%
Other 2%
Native American <1%
The most prevalent ethnicity is Black at 70%, followed by White at 22%, Hispanic at 3%, and Asian at 2%.

Crime & Pollution

Crime vs National Average

This location’s average annual crime rates compared to the national average. Index score (100=National Average)

Pollution vs National Average

This location’s average annual pollution rates compared to the national average. Index score (100=National Average)

Weather

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

Severe Weather

This location’s average annual severe weather events compared to the national average. Index score (100=National Average)

Average Temperature by Month

Low (°F)
High (°F)
Jan
30°
48°
Feb
34°
53°
Mar
41°
62°
Apr
51°
73°
May
59°
81°
Jun
67°
88°
Jul
71°
91°
Aug
69°
90°
Sep
62°
84°
Oct
50°
75°
Nov
41°
62°
Dec
33°
52°

Average Temperature in Degrees Fahrenheit

Precipitation

Precipitation (inch)

Listings in the Area

$10,000
For sale
0.08 acres

1359 Thomas
Memphis, TN 38107

$40,000
For sale
0.15 acres

1239 N Thomas
Memphis, TN 38107

$20,000
For sale
0.12 acres

1108 Kney
Memphis, TN 38107

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Data powered by Attom Data Solutions. Copyright© 2024. Information deemed reliable but not guaranteed.

* 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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