Wealthy millennials are flocking to South Main, also known as the South Main Arts District. The area features boutiques, galleries, upscale restaurants and Memphis’ largest farmers’ market, as well as eateries, such as Max’s Sports Bar, Spindini and Japanese-fusion burger joint Oshi.
Are Millennials moving to Memphis?
Memphis was recently listed as one of the top cities to which millennials are moving, with its millennial population increasing 9.5% between 2010 and 2015.
What is the best area of Memphis to live?
Check out this list of the five best neighborhoods and suburbs in Memphis for families!
- Bartlett.
- Cordova.
- East Memphis.
- Germantown.
- River Oaks-Kirby-Balmoral.
Where is the nice part of Memphis?
Midtown. This hip area in the city core — known as the funky, artsy area — is perhaps the most diverse neighborhood in Memphis. You’ll find grand, historic homes with wraparound porches and stately columns on one street, and rundown apartments just a few streets over.
Is Memphis a hipster?
This funky district is the city’s original hipster playground. “There’s plenty for tourists to do in Cooper-Young, but it’s also a neighborhood in a true sense,” says Kat Gordon, a Memphis native and owner of Muddy’s Bake Shop, a Cooper-Young mainstay known for its pastel array of cupcakes and pies.
Is Memphis an up and coming city?
Already the most populated city in Tennessee, Memphis is gaining recognition as one of the most up-and-coming cities in the U.S. Known for being a hub for blues and barbeque, the city has seen increased development, with a growing business community and revitalization projects across the downtown area.
Why is Memphis a good place to live in?
Memphis has a fairly low cost of living for a large metro area. Rent prices and mortgage expenses are considerably lower than the national average. Expenses for food and services are also significantly lower than in other major regions, especially in the more rural areas that spread out beyond the metro region.
What is a good salary in Memphis?
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.
Is Memphis improving 2021?
Preliminary figures from the Tennessee Bureau of Investigation showed an increase of 2% for major violent crime in Memphis during 2021 and a 1.2% increase county-wide.
Where is the safest place in Memphis?
If you’re looking for a safe, affordable spot to settle down in Memphis, check out these five neighborhoods!
- Binghampton.
- Cooper-Young.
- East Memphis.
- Germantown.
- Midtown.
Where is the edge district in Memphis?
Located between 4th Street, Jefferson, Union and Manassas, the Edge features some of Memphis’s most excited businesses and will soon be home to even more.
What is it like living in Germantown TN?
MEMPHIS, TN (WMC) – Three Mid-South cities are among the best places to live in Tennessee. Data website HomeSnacks named Germantown as the best city to live in the Volunteer State based on income, crime rates, and more. The city was also named as the third best place to raise a family in the state.
Is downtown Memphis a good place to live?
Downtown Memphis is an excellent place to enjoy the mild Delta weather, some soulful music, and growing entrepreneurial opportunities. More compact than some other downtown areas, it is also more pedestrian-friendly. Additionally, downtown Memphis is a great mixture of scenic views and city living.
What do locals do in Memphis TN?
Things to do in Memphis, on Beale Street
- Explore Beale Street.
- Get yourself a Big Ass Beer for the walk.
- Shop for unique gifts at A.
- And grab a milkshake while you’re there.
- Attend the Wine Races.
- Eat the best ribs in the world at Blues City Café
- Or make it a Dyer’s burger for something delicious and weird.
What kind of place is Memphis?
Memphis, city, seat (1819) of Shelby county, extreme southwestern Tennessee, U.S. It lies on the Chickasaw bluffs above the Mississippi River where the borders of Arkansas, Mississippi, and Tennessee meet. Memphis is Tennessee’s most populous city and is at the centre of the state’s second largest metropolitan area.
What kind of neighborhood is East Memphis?
East Memphis is a region of Memphis, Tennessee with several defined and informal subdivisions and neighborhoods such as Colonial Acres, White Station-Yates, Sherwood Forest, Normal Station, High Point Terrace, Belle Meade, Normandy Meadows, St. Nick, Pleasant Acres, Balmoral, and Ridgeway.
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.
Is Memphis the next Austin?
We are months away from our city’s bicentennial celebration, and one magazine predicts Memphis is on target to be the next Austin, Texas. August’s issue of Building Design and Construction magazine featured Memphis as the city to watch in 2019.
How is the housing market in Memphis?
Over the past five years home values in Memphis have increased by 83.3%. Median sales price of a home in Memphis is $225,000 based on the most recent report from the Memphis Area Association of Realtors (MAAR). Median home sales prices in Memphis have increased by 25.7% year-over-year (as of November 2021).
Is Memphis better than Nashville?
Downtown is really going through a great recovery. Both cities are fun to visit for a couple of days, but I wouldn’t blow any vacation days at either one. If you’re an Elvis fan, BBQ lover or into blues music, Memphis is the obvious choice. If you’re into country music, Nashville is the obvious choice.
What are the pros and cons of living in Memphis Tennessee?
Here are the key pros and cons of moving to Memphis, TN:
| The Pros of Living in Memphis | The Cons of Living in Memphis |
|---|---|
| You’ll enjoy sports | High sales tax |
| Memphians are friendly | You’ll need a car to move around in Memphis |
| Top-quality education | You may have to deal with tornadoes and violent storms |
