Multi Family Homes for Sale in Memphis Tn
Well-nigh Memphis, TN (North Memphis)
Real Estate Prices and Overview
North Memphis median real estate price is $117,121, which is less expensive than 83.0% of Tennessee neighborhoods and 85.0% of all U.S. neighborhoods.
The average rental price in North Memphis is currently $one,253, based on NeighborhoodScout's sectional analysis. Rents here are currently lower in price than 49.0% of Tennessee neighborhoods.
Due north Memphis is a suburban neighborhood (based on population density) located in Memphis, Tennessee.
Northward Memphis real estate is primarily fabricated up of modest (studio to two bedroom) to medium sized (three or four bedroom) unmarried-family homes and small apartment buildings. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the North Memphis neighborhood are newer, congenital in 2000 or more recently. A number of residences were as well built betwixt 1940 and 1969.
Due north Memphis has a xiii.9% vacancy rate, which is well above average compared to other U.S. neighborhoods (college than 71.3% of American neighborhoods). Nearly vacant housing here is vacant yr round. This could either signal that there is a weak demand for real estate in the neighborhood or that large amount of new housing has been built and not yet occupied. Either way, if you live here, you may find many of the homes or apartments are empty.
Notable & Unique Neighborhood Characteristics
When you see a neighborhood for the beginning fourth dimension, the nearly of import matter is ofttimes the style it looks, similar its homes and its setting. Some places look the same, but they only reveal their true character later on living in them for a while because they comprise a unique mix of occupational or cultural groups. This neighborhood is very unique in some important ways, according to NeighborhoodScout'south sectional exploration and analysis.
Notable & Unique: People
Whether by selection, divorce, or unplanned pregnancy, single moms may have the toughest job in the volume. NeighborhoodScout's sectional analysis reveals that the Northward Memphis neighborhood has more unmarried mother households than 97.3% of the neighborhoods in the U.South. Often high concentrations of unmarried female parent homes tin can be a strong indicator of family and social bug such equally poverty, high rates of school dropouts, crime, and other societal issues.
In addition, the N Memphis neighborhood stands out for having an average per capita income lower than 95.5% of the neighborhoods in the The states.
Notable & Unique: Diverseness
Did yous know that the Northward Memphis neighborhood has more Sub-Saharan African and African ancestry people living in information technology than most any neighborhood in America? Information technology's true! In fact, 21.9% of this neighborhood'southward residents have Sub-Saharan African ancestry and 11.6% have African ancestry.
The Neighbors
The Neighbors: Income
There are ii complementary measures for understanding the income of a neighborhood'due south residents: the average and the extremes. While a neighborhood may be relatively wealthy overall, it is equally important to understand the rate of people - especially children - who are living at or below the federal poverty line, which is extremely depression income. Some neighborhoods with a lower average income may really have a lower childhood poverty rate than another with a higher average income, and this helps usa empathize the weather condition and graphic symbol of a neighborhood.
The neighbors in the N Memphis neighborhood in Memphis are low income, making it among the everyman income neighborhoods in America. NeighborhoodScout's enquiry shows that this neighborhood has an income lower than 95.5% of U.S. neighborhoods. With 31.vii% of the children here beneath the federal poverty line, this neighborhood has a higher rate of childhood poverty than 79.seven% of U.Southward. neighborhoods.
The Neighbors: Occupations
The old saying "you lot are what you swallow" is truthful. But it is also true that you are what you lot exercise for a living. The types of occupations your neighbors have shape their grapheme, and together every bit a group, their collective occupations shape the culture of a identify.
In the North Memphis neighborhood, 35.2% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is manufacturing and laborer occupations, with 26.0% of the residents employed. Other residents hither are employed in clerical, banana, and tech back up occupations (20.2%), and xviii.seven% in sales and service jobs, from major sales accounts, to working in fast nutrient restaurants.
The Neighbors: Languages
The most mutual language spoken in the Due north Memphis neighborhood is English language, spoken past 97.0% of households.
The Neighbors: Ethnicity / Beginnings
Culture is the shared learned behavior of peoples. Undeniably, dissimilar ethnicities and ancestries accept different cultural traditions, and every bit a result, neighborhoods with concentrations of residents of one or another ethnicities or ancestries volition express those cultures. Information technology is what makes the North End in Boston and then fun to visit for the Italian restaurants, bakeries, culture, and charm, and similarly, why people enjoy visiting Chinatown in San Francisco.
In the Northward Memphis neighborhood in Memphis, TN, residents virtually commonly identify their ethnicity or ancestry as Sub-Saharan African (21.9%). There are also a number of people of African ancestry (11.half dozen%), and residents who report Irish gaelic roots (3.5%), and some of the residents are also of Mexican beginnings (3.0%), along with some English ancestry residents (2.v%), among others.
Getting to Work
How you go to work – car, passenger vehicle, train or other means – and how much of your day it takes to practice so is a large quality of life and financial issue. Especially with gasoline prices ascension and expected to continue doing so, the length and ways of one'due south commute can be a financial brunt. Some neighborhoods are physically located then that many residents have to drive in their own car, others are set up up and then many walk to work, or tin can take a train, coach, or bike. The greatest number of commuters in North Memphis neighborhood spend between xv and 30 minutes commuting 1-style to work (55.8% of working residents), which is shorter than the fourth dimension spent commuting to work for most Americans.
Hither most residents (83.7%) drive solitary in a private auto to go to piece of work. In add-on, quite a number as well hop out the door and walk to work to get to work (half-dozen.2%) and 5.iii% of residents as well ride the charabanc for their daily commute. In a neighborhood like this, as in nigh of the nation, many residents find owning a auto useful for getting to piece of work.
Analytics built past: Location, Inc.
Raw data sources: National Agriculture Statistics Service, U.Due south. Department of Agriculture, Federal Housing Finance Bureau, U.S. Department of Housing and Urban Development, U.S. Bureau of the Demography, U.S. Geological Service, American Community Survey.
Date(s) & Update Frequency:
- Home Values, Rents: Reflects Q3 2021. Updated quarterly.
- Setting, Housing Stock, Homeownership: 2019 (latest available). Updated annually.
Methodology: NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more
Median Home Value:
Locked
Median Existent Estate Taxes:
Locked ( effective rate)
Neighborhood Dwelling Prices
Average Market Hire:
/ per month
GROSS RENTAL YIELD:
Locked
MEDIAN MONTHLY Hire BY NUMBER OF BEDROOMS
Neighborhood Wait and Feel
AGE OF Memphis, TN (Northward Memphis) HOMES
Blazon OF Memphis, TN (North Memphis) HOMES
SIZE OF Memphis, TN (North Memphis) HOMES
SIZE OF Memphis, TN (North Memphis) HOMES
Analytics congenital by: Location, Inc.
Raw data sources: American Customs Survey, U.S. Agency of the Census, U.S. Department of Education, 50 state departments of instruction, U.S. Agency of Labor Statistics, Federal Agency of Investigation, 18,000+ local law enforcement agencies, Federal Housing Finance Agency, U.Southward. Geological Service, National Agricultural Statistics Service.
Engagement(s) & Update Frequency: 2019 (latest available). Updated annually. Please note: Unemployment information updated November 2021.
Methodology: Different standardly available Census demographics, NeighborhoodScout uses dozens of custom models to transform 8.5 million raw demographic data elements from government sources into proprietary indices and insights…. Read more than well-nigh Scout'due south Demographic Data
Means Of Send 
Vehicles Per Household
Variety Index
(100 is the most various)
Ancestry (top 20)
Languages Spoken (elevation twenty)
Per Capita Income
Median Household Income
Percent with College Degree
Percent with Advanced Degree
Analytics congenital past: Location, Inc.
Raw data sources: eighteen,000 local law enforcement agencies in the U.South.
Date(south) & Update Frequency: Reflects 2020 agenda year; released from FBI in Sept. 2021 (latest bachelor). Updated annually. Where is 2021 data?
Methodology: Our nationwide meta-analysis overcomes the problems inherent in whatsoever criminal offense database, including not-reporting and reporting errors. This is possible by associating the 9.four 1000000 reported crimes in the U.S, including over 2 million geocoded signal locations…. Read more than about Scout'due south Crime Data
total Crime Index
(100 is safest)
Neighborhood Annual Crimes
| Fierce | Property | Total | |
|---|---|---|---|
| Number of Crimes | |||
| Crime Rate (per 1,000 residents) |
violent Law-breaking Index
(100 is safest)
Violent Crime Index By Type
| Murder Index | Rape Index | Robbery Index | Attack Index |
|---|---|---|---|
100 is safest | 100 is safest | 100 is safest | 100 is safest |
Fierce Criminal offense Comparison (per i,000 residents)
My Chances of Condign a Victim of a Violent Crime
Memphis VIOLENT CRIMES
Population:
| Murder | Rape | Robbery | Assault | |
|---|---|---|---|---|
| Report Total | ||||
| Charge per unit per ane,000 |
United States Tearing CRIMES
Population:
| Murder | Rape | Robbery | Assail | |
|---|---|---|---|---|
| Report Total | ||||
| Rate per ane,000 |
property Crime Index
(100 is safest)
Property Crime Index By Type
| Burglary Index | Theft Index | Motor Vehicle Theft |
|---|---|---|
100 is safest | 100 is safest | 100 is safest |
Property Crime Comparison (per ane,000 residents)
My Chances of Becoming a Victim of a Property Criminal offence
Memphis Property CRIMES
Population:
| burglary | theft | motor vehicle theft | |
|---|---|---|---|
| Study Total | |||
| Charge per unit per 1,000 |
United States Property CRIMES
Population:
| break-in | theft | motor vehicle theft | |
|---|---|---|---|
| Report Total | |||
| Rate per ane,000 |
Analytics built by: Location, Inc.
Raw information sources:
- Test Scores: Edfacts (U.S. Section of Didactics), Country departments of teaching.
- Expenditures: National Centre for Pedagogy Statistics.
- Educational Environment: American Customs Survey (U.S. Census Bureau).
Date(s) & Update Frequency:
- Due to Covid-xix, standardized testing did not accept place during the 2019-2020 academic schoolhouse twelvemonth. Test data: Reflects 2018 – 2019 school year.
- Expenditures: 2018
- Educational Environment: 2019 (latest available). Updated annually.
- All data updated June 2021
Methodology: Only NeighborhoodScout gives you nationally comparable school ranks based on test scores, so you tin can directly compare the quality of schools in any location. Read more about Scout's School Information
School Quality
(100 is best)
Neighborhood School Quality Rating
Rates the quality of all K-12 public schools that serve this neighborhood. 
| Adults In Neighborhood With College Degree Or College | |
|---|---|
| Children In The Neighborhood Living In Poverty |
Students Enrolled in This District
Schools in District
Students Per Classroom
District Quality Compared to Tennessee
(10 is best)
District Quality Compared to U.S. 
(x is best)
GET Total REPORTS FOR ANY Schoolhouse IN THIS Commune
See ALL SCHOOLS
Schools In This Commune
Schoolhouse District Enrollment Past Group
| Ethnic/racial Groups | This District | This State |
|---|---|---|
| White (non-hispanic) | ||
| Black | ||
| Hispanic | ||
| Asian Or Pacific Islander | ||
| American Indian Or Native Of Alaska |
| Economic Groups | This District | This State |
|---|---|---|
| ECONOMICALLY DISADVANTAGED | ||
| Costless LUNCH ELIGIBLE | ||
| REDUCED Dejeuner ELIGIBLE |
Educational Expenditures
| For This District | Per Pupil | Total | % Of Full |
|---|---|---|---|
| Instructional Expenditures | |||
| Back up Expenditures | |||
| Student | |||
| Staff | |||
| Full general Administration | |||
| School Administration | |||
| Performance | |||
| Transportation | |||
| Other | |||
| Total Support | |||
| Non-instructional Expenditures | |||
| Total Expenditures |
Analytics congenital past: Location, Inc.
Raw data sources: U.South. Department of Education, 50 state departments of pedagogy, U.Southward. Bureau of Labor Statistics, Dow Jones S&P, Federal Bureau of Investigation, 18,000+ local law enforcement agencies, Federal Housing Finance Agency, U.S. Agency of the Census, American Community Survey, U.S. Department of Housing and Urban Development, U.S. Geological Service, U.South. Department of Transportation, LEHD Origin-Destination Employment Statistics, Federal Highway Administration, National Agricultural Statistics.
Date(s) & Update Frequency:
- Existent Estate Value Forecasts & Regional Analysis: Updated Quarterly
- Real Estate Values & Trends: Q3 2021. Updated Quarterly.
- Demographics, Crime Trends & Forecast: Reflects 2019 calendar year (latest available). Updated annually.
Methodology: Picket Vision uniquely solves for investment risk past generating Home Price Appreciation projections with unprecedented geographic granularity and predictive accuracy, for every micro-neighborhood (cake group) in the U.Due south. Read more than
Rising Star Alphabetize
LOCKED
Appreciation Potential (3 years)
RATINGS: i=Very Low 2=Low 3=Moderate 4=High v=Ascension Star
Blue Flake Index
LOCKED
By Appreciation and existing fundamentals
RATINGS: one=Very Low 2=Low iii=Moderate 4=Loftier five=Blue Chip
SCOUT VISION Neighborhood Habitation Value Tendency and Forecast
| Fourth dimension Menstruation | Full Appreciation | Avg. Almanac Charge per unit | Compared To Metro* | Compared To America* |
|---|---|---|---|---|
| 3 Year Forecast: 2021 Q4 - 2024 Q4 | ||||
| Latest Quarter: 2021 Q2 - 2021 Q3 | ||||
| Last 12 Months: 2020 Q3 - 2021 Q3 | ||||
| Last 2 Years: 2019 Q3 - 2021 Q3 | ||||
| Last 5 Years: 2016 Q3 - 2021 Q3 | ||||
| Last 10 Years: 2011 Q3 - 2021 Q3 | ||||
| Since 2000: 2000 Q1 - 2021 Q3 | ||||
| * 10 is highest | ||||
Cost reward over surrounding neighborhoods
LOCKED
Price reward score
RATINGS: ane=Strong Disadvantage 2=Disadvantage 3=Similar Price iv=Advantage 5=Stiff Advantage
Neighborhood cost per sqft
Average Nearby Home Price per sqft
Access to high paying jobs
LOCKED
Jobs score
RATINGS: 1=Limited 2=Beneath Average iii=Average 4=Very Good 5=Excellent
Jobs within an hour
| Within | High-paying* jobs |
|---|---|
| 5 minutes | |
| ten minutes | |
| fifteen minutes | |
| twenty minutes | |
| 30 minutes | |
| 45 minutes | |
| lx minutes | |
| *Annual salary of $75,000 or more than | |
Avg. Annual Homeownership Trend Over last v years
Avg. Annual Rent Price Trend Over last 5 years
Avg. Almanac Vacancy Trends Over final 5 years
Avg. almanac change in higher graduates Over last five years
Avg. annual change in K-12 school performance Over last v years
Avg almanac change in per capita income Over last 5 years
Avg annual change in household income Over last v years
Avg almanac modify in unemployment charge per unit Over final five years
| Distance from Location | Population five years agone | Current Population | Percent Change |
|---|---|---|---|
| Half Mile | |||
| 1 Mile | |||
| 3 Miles | |||
| five Miles | |||
| x Miles | |||
| 15 Miles | |||
| 25 Miles | |||
| fifty Miles |
Memphis, TN-MS-AR Metro Surface area regional investment potential
LOCKED
Regional Appreciation Potential (3yr)
RATINGS: 1=Very Depression two=Low 3=Moderate 4=High 5=Very High
Housing Affordability Trends: Memphis, TN-MS-AR Metro Surface area
Years of average household income needed to buy average habitation
Region'southward Historical Depression
Region's Historical High
Current
Regional 1 and 2 Year Growth Trends
| Regional Trend | Last 2 years | Compared to Nation* | Last i year | Compared to Nation* |
|---|---|---|---|---|
| Population Growth | ||||
| Chore Growth | ||||
| Income Trend (Wages) | ||||
| Unemployment Trend | ||||
| Stock Operation of Region'south Industries | ||||
| Housing Added | ||||
| Vacancy Tendency | ||||
| * 10 is highest | ||||
Disclaimer
Forecasts of potential occurrences or not-occurrences of future conditions and events are inherently uncertain. Actual results may differ materially from what is predicted in whatever data provided by Location Inc. Aught independent in or generated past a Location Inc. production or services is, or should be relied upon as, a promise or representation as to the future functioning or prediction of real estate values. No representation is made as to the accuracy of any forecast, judge, or projection. Location Inc. makes no express or implied warranty and all information and content is provided "As is" without whatsoever warranties of any kind. Location Inc. expressly disclaims any warranty of accurateness or predictability, and any warranty of merchantability and fettle for a particular purpose. Location Inc. further disclaims any liability for amercement, loss, or injury arising out of the employ this site and the information. All risks associated with using the site and the data are borne past the user at user's sole cost and expense. By using the site yous agree to our Terms of Use.
Source: https://www.neighborhoodscout.com/tn/memphis/north-memphis
0 Response to "Multi Family Homes for Sale in Memphis Tn"
Post a Comment