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Memphis, TN 38109 has a population of approximately 44,059 and experiences a population change rate of -15.92%. The population density is 654.6 / sq mi .
The median household income for Memphis, TN 38109 is $32,404, with 16,268 households and an average household size of 2.75.
The median value of a home in Memphis, TN 38109 is $90,200 with an appreciation rate of 15.00%. 47.28% of housing in the state is owned while 38.22% is rented.
The cost of living in Memphis, TN 38109 is 83.5 %.
The unemployment rate in Memphis, TN 38109 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 38109 is 9.75%, while the income tax rate is 0.00% .
School expenditures in Memphis, TN 38109 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 3.2 inches of snow per year.
