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Memphis, TN 38141 has a population of approximately 22,210 and experiences a population change rate of 1.31%. The population density is 2,844.2 / sq mi .
The median household income for Memphis, TN 38141 is $57,393, with 7,861 households and an average household size of 2.96.
The median value of a home in Memphis, TN 38141 is $193,300 with an appreciation rate of 15.00%. 61.53% of housing in the state is owned while 32.87% is rented.
The cost of living in Memphis, TN 38141 is 90.2 %.
The unemployment rate in Memphis, TN 38141 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 38141 is 9.75%, while the income tax rate is 0.00% .
School expenditures in Memphis, TN 38141 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 55.7 inches per year, with 3 inches of snow per year.