Memphis, TN 38107 has a population of approximately 16,702 and experiences a population change rate of -24.46%. The population density is 3,091.8 / sq mi .
Memphis, TN 38107 Real Estate for Sale

$179,900
2 Beds · 1 Baths

$12,000

$179,900
2 Beds · 1 Baths

$12,000
Memphis, TN 38107 has a population of approximately 16,702 and experiences a population change rate of -24.46%. The population density is 3,091.8 / sq mi .
The median household income for Memphis, TN 38107 is $33,941, with 6,481 households and an average household size of 2.28.
The median value of a home in Memphis, TN 38107 is $122,600 with an appreciation rate of 15.00%. 32.71% of housing in the state is owned while 48.09% is rented.
The cost of living in Memphis, TN 38107 is 94.1 %.
The unemployment rate in Memphis, TN 38107 is 3.50%, and recent job growth is at -0.42%. Future job growth is projected at 30.31%.
The sales tax rate in Memphis, TN 38107 is 9.75%, while the income tax rate is 0.00% .
School expenditures in Memphis, TN 38107 are $12,225, and the school ratio is 15.8:1.
The average high temperature in July is 90.8 degrees, with an average low temperature in January of 30.8 degrees. The average rainfall is approximately 53.1 inches per year, with 3 inches of snow per year.