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Memphis, TN 38134 has a population of approximately 44,098 and experiences a population change rate of 5.59%. The population density is 2,370.2 / sq mi .
The median household income for Memphis, TN 38134 is $52,588, with 14,616 households and an average household size of 2.73.
The median value of a home in Memphis, TN 38134 is $222,600 with an appreciation rate of 15.00%. 46.68% of housing in the state is owned while 46.87% is rented.
The cost of living in Memphis, TN 38134 is 93.2 %.
The unemployment rate in Memphis, TN 38134 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 38134 is 9.75%, while the income tax rate is 0.00% .
School expenditures in Memphis, TN 38134 are $12,225, and the school ratio is 15.8:1.
The average high temperature in July is 91 degrees, with an average low temperature in January of 29.5 degrees. The average rainfall is approximately 54.6 inches per year, with 3.1 inches of snow per year.