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AREA INFORMATION

38112 (Memphis, TN)

Explore the real estate in 38112 (Memphis, TN)

Area Highlights

38112 (Memphis, TN) residents have a median age of 36.9 years old, with employment highest in the education and protective services industries.

15,561 Population

6,218 Households

$54,242 /yr
Median Household Income

$187,250
Median Home Sale Price

21m Median Commute Time

Most people in this area drive to work.

Area Map

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Median Age

Median age is the age that divides a population into two numerically equally sized groups; that is, half the people are younger than this age and half are older. It is a single index that summarizes the age distribution of a population.

LEGEND

  • 61+ years old
  • 51 to 60 years old
  • 41 to 50 years old
  • 31 to 40 years old
  • 21 to 30 years old
  • 11 to 20 years old
  • 0 to 10 years old

Median Home Price

The median sale price measures the “middle” price of homes that sold, meaning that half of the homes sold for a higher price and half sold for less.

LEGEND

  • $2,000,000+
  • $1,000,000 to $2,000,000
  • $800,000 to $1,000,000
  • $600,000 to $800,000
  • $400,000 to $600,000
  • $200,000 to $400,000
  • $0 to $200,000

Median Household Income

The median household income is the income amount that divides a population into two equal groups, half having a household income above that amount, and half having a household income below that amount.

LEGEND

  • $500,000+ per year
  • $250,000 to $500,000 per year
  • $150,000 to $250,000 per year
  • $100,000 to $150,000 per year
  • $75,000 to $100,000 per year
  • $50,000 to $75,000 per year
  • $0 to $50,000 per year

Family & Education

36.9 Median Age

Average Household Size

2.4
persons per
household

26.8%

Married Households

Community Population By Education

High School Graduate 25%
Bachelors Degree 19%
Some College 18%
Graduate Degree 17%
Some High School 16%
Associates Degree 4%
Of the total people surveyed, the most prevalent educational attainment level is High School Graduate, representing 25.47% of the population.

Household Family Expenses vs National Average

This location’s average annual expenditures compared to the national average. Index score (100=National Average)
20.3% of households have children

Area Schools

KG-8
0.2 MILES
Compass Community School Binghampton Campus
PK-5
0.4 MILES
C+
William H. Brewster Elementary School
6-8
0.9 MILES
D+
Lester Prep Academy (asd)
PK-5
0.9 MILES
D+
Cornerstone Preparatory - Lester Campus
PK-12
1.1 MILES
Exceptional Children Special Placements
PK-8
1.1 MILES
D
Snowden School
PK-6
1.3 MILES
Midtown Montessori School

Proximity to listed schools and their school district(s) does not guarantee enrollment eligibility. Please contact a local real estate professional or the local school district(s) for the most current information relating to schools in the area.

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Economics

$54,242 /yr
Median Household Income
$187,250
Median Sales Price
21 min
Median Commute Time

Household Expenses vs National Average

This location’s average annual expenditures by category compared to the national average. Index score (100=National Average)

Household by Income

Out of the households in this area, the largest income group is Under $15k representing 20.46% of the households.

Transportation to Work

  • Drive 81%
  • Walk or Bike 10%
  • Work from Home 5%
  • Public Transit 4%

Occupancy by Type

Owned 3,140 44%
Rented 3,078 43%
Vacant 971 14%

White vs Blue Collar Jobs







White Collar 73%
Blue Collar 27%

Employment

Employees by Industry

Employees by Occupation

Demographics

Community Population By Age

The median age for this area is 36.9 years old. The smallest percentage group is 25-34 years and the largest percentage is the 85+ years age range.

Community Population By Ethnicity

Black 48%
White 35%
Hispanic 12%
Other 8%
Asian 3%
Native American <1%
The most prevalent ethnicity is Black at 48%, followed by White at 35%, Hispanic at 12%, and Other at 8%.

Crime & Pollution

Crime vs National Average

This location’s average annual crime rates compared to the national average. Index score (100=National Average)

Pollution vs National Average

This location’s average annual pollution rates compared to the national average. Index score (100=National Average)

Weather

91° July
Hottest Average Month
30° January
Coldest Average Month

Severe Weather

This location’s average annual severe weather events compared to the national average. Index score (100=National Average)

Average Temperature by Month

Low (°F)
High (°F)
Jan
30°
48°
Feb
33°
53°
Mar
41°
62°
Apr
51°
73°
May
59°
81°
Jun
67°
88°
Jul
71°
91°
Aug
69°
90°
Sep
62°
84°
Oct
50°
75°
Nov
41°
62°
Dec
33°
52°

Average Temperature in Degrees Fahrenheit

Precipitation

Precipitation (inch)

Listings in the Area

$44,500
For sale
0.08 acres

2489 Princeton
Memphis, TN 38112

$118,500
For sale
2 beds • 2 baths

1960 N Parkway 910
Memphis, TN 38112

$159,950
For sale
2 beds • 2 baths

1960 N Parkway 1002
Memphis, TN 38112

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Data powered by Attom Data Solutions. Copyright© 2024. Information deemed reliable but not guaranteed.

* Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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