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$114,900
3 Beds · 1 Baths
Listing Courtesy of: [email protected] Robert Grisham - Bluff City Realty Group, LLC
Memphis, TN 38111 has a population of approximately 44,009 and experiences a population change rate of -2.37%. The population density is 4,446.3 / sq mi .
The median household income for Memphis, TN 38111 is $41,428, with 17,364 households and an average household size of 2.3.
The median value of a home in Memphis, TN 38111 is $127,800 with an appreciation rate of 15.00%. 40.78% of housing in the state is owned while 46.77% is rented.
The cost of living in Memphis, TN 38111 is 84.6 %.
The unemployment rate in Memphis, TN 38111 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 38111 is 9.75%, while the income tax rate is 0.00% .
School expenditures in Memphis, TN 38111 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 30.7 degrees. The average rainfall is approximately 54.6 inches per year, with 3 inches of snow per year.
