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Page2of2Memphis, TN 38125 has a population of approximately 37,018 and experiences a population change rate of 55.35%. The population density is 1,939.9 / sq mi .
The median household income for Memphis, TN 38125 is $74,425, with 14,997 households and an average household size of 2.84.
The median value of a home in Memphis, TN 38125 is $278,000 with an appreciation rate of 15.00%. 55.18% of housing in the state is owned while 39.57% is rented.
The cost of living in Memphis, TN 38125 is 98.9 %.
The unemployment rate in Memphis, TN 38125 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 38125 is 9.75%, while the income tax rate is 0.00% .
School expenditures in Memphis, TN 38125 are $12,225, and the school ratio is 15.8:1.
The average high temperature in July is 91.1 degrees, with an average low temperature in January of 29.1 degrees. The average rainfall is approximately 55.5 inches per year, with 2.4 inches of snow per year.
