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Neighborhood

Central Business Improvement District

Memphis, TN, Shelby County6.5 sq mi

Population

11,762

6,735 households

Median Value

$405,493

Owner occupied homes

Median Income

$61,073

Household income

Housing Units

7,401

9% vacant

Median Rent

$1,519

Gross renter occupied

Median Age

33.7

12.8% children

Last Updated

Jun 1, 2026

Neighborhood profile data

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Visual Breakdown

Housing mix

Occupancy

Education attainment

Income

Workforce

Mapped Areas

Nearby Neighborhoods

Housing

Market Snapshot

Median home value
$405,493
Median gross rent
$1,519
Median monthly housing cost
N/A
Median year built
2,001
Median rooms
4.1

Demographics

Residents

Total population
11,762
Total households
6,735
Average household size
1.7
Households with children
11.1%
Married family households
19.9%

Economy

Income and Workforce

Per capita income
$60,157
Income $150k plus
19%
Income $200k plus
11.7%
Received SNAP
9.1%
Labor force participation
67.3%
Unemployment
5.2%

Households

Education and Tenure

High school
94%
Bachelor's
25.4%
Graduate
29.3%
Owner occupied
29.6%
Renter occupied
70.4%