- A good salary in Memphis, TN is anything over $39,000.
- That’s because the median income in Memphis is $39,000, which means if you earn more than that you’re earning more than 50% of the people living in Memphis.
- The average salary in Memphis is $47,593.
- A good hourly wage in Memphis is $18.75 per hour.
Moreover, Is it expensive to live in Memphis? Memphis’s housing expenses are 23% lower than the national average and the utility prices are 13% lower than the national average. Transportation expenses like bus fares and gas prices are 12% lower than the national average. Memphis has grocery prices that are 9% lower than the national average.
What is the racial makeup of Memphis TN?
The 5 largest ethnic groups in Memphis, TN are Black or African American (Non-Hispanic) (62.8%), White (Non-Hispanic) (25.9%), White (Hispanic) (4.46%), Other (Hispanic) (2.89%), and Asian (Non-Hispanic) (2.08%).
Likewise, How much money do you need to live comfortably in Memphis Tennessee? The median income in Memphis is $41,864. However, it’s advisable to spend no more than 30% of your take home pay on rent. If you rent a one bedroom apartment in Memphis for $968, you need a salary of $38,720 to live comfortably. For a two bedroom apartment that costs $1,127, you’ll need a salary of at least $46,080.
What is upper class in Memphis? The average Memphis income of the top 20 percent is $172,622, with the top five percent income being $335,653.
Does Memphis get cold?
In Memphis, the summers are long, hot, and muggy; the winters are short, very cold, wet, and windy; and it is partly cloudy year round. Over the course of the year, the temperature typically varies from 34°F to 91°F and is rarely below 20°F or above 97°F.
Why is rent so high in Memphis?
The increasing number of renovations is related to what national experts say is the main driver of rent increases in places like Memphis: more people deciding to rent there. During earlier parts of the pandemic, many people moved out of cities and more young adults decided to live with friends or family.
How much does it cost to live comfortably in Memphis TN?
Memphis cost of living is 76.0
| COST OF LIVING | Memphis | Tennessee |
|---|---|---|
| Grocery | 93.3 | 95.4 |
| Health | 98.4 | 101.9 |
| Housing | 37.1 | 71.2 |
| Median Home Cost | $123,800 | $231,600 |
Is Memphis a safe city?
Memphis isn’t the safest city though it’s slowly regaining some safety on its streets. It has some extremely dangerous areas that should be avoided. You are advised to remain vigilant around tourist landmarks, since pickpockets are an issue there, and keep an eye out for suspicious activities wherever you go.
Is Memphis a safe city to live?
The Memphis Police Department oversees law and order, and they have a busy job keeping citizens safe – Memphis is safer than only 0.6 percent of the cities in the nation and you have a 1 in 13 chance of being a victim of crime here.
What areas of Memphis should you avoid?
It’s true that for years, Memphis has had the reputation of being one of the most dangerous cities in the United States.
…
Memphis dangerous city – Areas to avoid on the outskirts
- Millington.
- Mason.
- Northaven.
- Tipton.
Which side of Memphis is safest?
Safest Neighborhoods in Memphis
- Cooper-Young | Safest Memphis Neighborhood for Inner City.
- Midtown | Safe Memphis Neighborhood with Nightlife.
- Windyke | One of the Safest Neighborhoods in Memphis.
- Eads | Safe Memphis Neighborhood for Families.
- River Oaks-Kirby-Balmoral | Safest Memphis Neighborhood for Kids.
Is Nashville safer than Memphis?
With a violent crime rate of 19.0 per 1,000 residents, the chances of being a victim in Memphis is around 1 in 52. Nashville, the next city on the list, has a rate of 11.1 per 1,000 residents with a 1 in 90 chance of being a victim.
What part of Memphis should I avoid?
Memphis dangerous city – Areas to avoid on the outskirts Millington. Mason. Northaven. Tipton.
How sketchy is Memphis?
– Memphis has been ranked as the most dangerous city in the United States, according to a 24/7 Wall St. study using FBI statistics. Memphis is also ranked with the second highest homicide rate than any U.S. metro area. In 2019, there were 237 homicides reported.
Is it safe to walk in downtown Memphis?
Memphis is generally a safe city for tourists. You’ll notice a lot of police presence downtown (especially around Beale Street) in both the day and night, but travelers should still exercise caution in tourist areas, which are known to have a high concentration of panhandlers.
Where is the most crime in Memphis?
Where is the most crime occurring and why? MEMPHIS, Tenn — Memphis crime mapping data shows that violent crime has hit nearly every community in the city. However, Frayser, North, and South Memphis communities appear to be the hardest hit. As of December 6, 2021, Memphis Police reported 310 homicides.
Is Memphis TN safe?
– Memphis has been ranked as the most dangerous city in the United States, according to a 24/7 Wall St. study using FBI statistics. Memphis is also ranked with the second highest homicide rate than any U.S. metro area. In 2019, there were 237 homicides reported.
Is Beale St safe?
For example, neighborhoods of Beale Street and Mud Island are now relatively safe, and citizens are trying their best to make downtown Memphis safe again. It is turning into a city where you can unwind and have a good time after years of abandonment.
Is Memphis safe to raise a family?
MEMPHIS, Tenn. — Memphis just made the list of top 10 worst places to raise a family. The study is based off housing affordability and school-system quality.
