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Neighborhood

Central Business Improvement District

Memphis, TN, Shelby County6.5 sq mi

Population

7,431

4,444 households

Median Value

$379,337

Owner occupied homes

Median Income

$58,674

Household income

Housing Units

5,084

12.6% vacant

Median Rent

$1,368

Gross renter occupied

Median Age

36.1

9.4% children

Last Updated

Jun 29, 2026

Neighborhood profile data

Charts

Visual Breakdown

Housing mix

Occupancy

Education attainment

Income

Workforce

Mapped Areas

Nearby Neighborhoods

Housing

Market Snapshot

Median home value
$379,337
Median gross rent
$1,368
Median monthly housing cost
N/A
Median year built
1,995
Median rooms
3.8

Demographics

Residents

Total population
7,431
Total households
4,444
Average household size
1.7
Households with children
9.2%
Married family households
16.9%

Economy

Income and Workforce

Per capita income
$58,908
Income $150k plus
17.8%
Income $200k plus
10.7%
Received SNAP
11.3%
Labor force participation
66.2%
Unemployment
3.8%

Households

Education and Tenure

High school
92.1%
Bachelor's
24.8%
Graduate
25.9%
Owner occupied
24.4%
Renter occupied
75.6%