These Are The 10 Best Memphis Suburbs For 2018

We analyzed over 16 places around Memphis to identify the most in demand places to live.

Join HomeSnacks

Swipe left for slideshow. Article continues below.

Big city living isn’t for everyone–but at the same time, urban areas certainly have their perks.

There’s the culture, the food, the arts, the food, the energy, and you know, the food. But there are drawbacks. There’s traffic, expensive parking, expensive housing–pretty much, expensive everything, depending on which big city you’re looking at.

But that’s where the suburbs come in–they have all of the benefits of being near big cities, without actually having to be big cities.

Of course, not all suburbs of Memphis are created equally, which is precisely why we set out to find the best ones. So without further ado…

Here are the 10 best suburbs around Memphis for 2018:

  1. Germantown (Photos | Homes)
  2. Collierville (Photos | Homes)
  3. Arlington (Photos | Homes)
  4. Bartlett (Photos | Homes)
  5. Lakeland (Photos | Homes)
  6. Atoka (Photos | Homes)
  7. Oakland (Photos | Homes)
  8. Hernando (Photos | Homes)
  9. Olive Branch (Photos | Homes)
  10. Marion (Photos | Homes)

If you happen to be a resident of Germantown, you’re probably not too surprised to find it on the top our list.

We’ll tell you what makes each of these 10 Memphis ‘burbs better than the rest–but first, a bit about our methodology.

For more Tennessee reading, check out:

Editor’s Note: If you see a slight difference between the best in state rankings and this suburb ranking, it’s because of the methodology. We needed a way to include more places, so we eliminated crime and commute times as criteria for this analysis.

How We Determined The Best Suburbs Around Memphis for 2018

Figuring out the best ‘burbs around Memphis was pretty simple; we just needed to list several things that people like, and then find out which cities have the most of those things.

We threw a lot of criteria at this one in order to get the best, most complete results possible:

  • Low unemployment rate
  • High Median household incomes
  • Population density (lots of things to do)
  • High home values
  • A lot of college educated people
  • Low poverty
  • High rate of insured families

Then we used the newest American Community Survey data (2012-2016) to research each suburb.

FYI: We defined a suburb as being within 30 miles of Memphis.

Additionally, we limited the analysis to places that have over 2,000 people. This left us with a grand total of 16 suburbs to evaluate around Memphis.

We ranked each place with scores from 1 to 16 in each category, where 1 was the “best.

Next, we averaged the rankings for each place to create a quality of life index.

And finally, we crowned the city with the best quality of life index the “Best Suburb near Memphis.” We’re lookin’ at you, Germantown.

Read on below to learn more about what it’s like to live in the best of the best. Or skip to the end to see the list of all the suburbs ranked from best to worst.

1. Germantown

Germantown, Tennessee

Source: Public domain

Population: 39,213
Unemployment Rate: 3.7%
Median Home Price: $296,300
Median Income: $107,376
More on Germantown: Real Estate | Data

Germantown is always mentioned as one of the best suburbs in the Memphis area. We’ll tell you the good about “Awesome Germantown.”

Everyone here is rich; families average $107,376 a year, which is the 2nd highest in the Memphis region. And only 3.7% are out of work. Homes average more than $296,300 each.

2. Collierville

Collierville, Tennessee

Source: Public domain

Population: 48,005
Unemployment Rate: 3.8%
Median Home Price: $278,600
Median Income: $110,591
More on Collierville: Real Estate | Data

Collierville is the second best ‘burb we looked at near Memphis for 2018.

It ranks 1st for incomes in the area and only 4.6% of residents lack insurance, good for 3rd best.

3. Arlington

Arlington, Tennessee

Source: Public domain

Population: 11,599
Unemployment Rate: 1.4%
Median Home Price: $207,800
Median Income: $96,363
More on Arlington: Real Estate | Data

Here in Arlington, it’s really safe, and residents are just about as rich as you’ll see in the Memphis metro area.

The bad side? Schools are more crowded, and the cost of living puts a large part of the city out of reach for most families.

But price is based on demand and a lot of people want to live in Arlington.

4. Bartlett

Bartlett, Tennessee

Population: 58,318
Unemployment Rate: 4.5%
Median Home Price: $171,300
Median Income: $81,583
More on Bartlett: Real Estate | Data

Bartlett ranks as the 4th best suburb of Memphis for 2018.

You won’t find many better places to raise your kids in the region than in Bartlett and the schools are some of the best around.

5. Lakeland

Lakeland, Tennessee

Source: Public domain

Population: 12,541
Unemployment Rate: 3.4%
Median Home Price: $252,000
Median Income: $100,321
More on Lakeland: Real Estate | Data

Coming in as the fifth best is Lakeland.

Lakeland gets kudos for having the 3rd most expensive homes in the Memphis area, where houses sell for an average of $252,000. However, the cost of living here is among the highest in the area.

6. Atoka

Atoka, Tennessee

Population: 8,917
Unemployment Rate: 4.3%
Median Home Price: $172,400
Median Income: $87,047
More on Atoka: Real Estate | Data

Atoka is proud of its 6th place finish on this list. And here’s why.

Most residents have great jobs and the unemployment rate sits at 4.3% which is 6th best in the area.

According to online reports, Atoka is quickly becoming one of the more affluent suburbs in the Memphis area, meaning you need to get in soon.

7. Oakland

Oakland, Tennessee

Population: 7,270
Unemployment Rate: 5.4%
Median Home Price: $175,400
Median Income: $70,893
More on Oakland: Real Estate | Data

The 7th best suburb on our list goes to Oakland.

Oakland schools are some of the best in the region, and crime is really low. The cost of living makes it a lot more desirable for many families, especially first-time home buyers.

And, it’s only 26.3 miles to downtown, which is a good thing.

8. Hernando

Hernando, Tennessee

Population: 15,227
Unemployment Rate: 4.2%
Median Home Price: $173,300
Median Income: $66,486
More on Hernando: Real Estate | Data

Hernando is growing quickly, and for a good reason. Crime is far below average, and most residents are gainfully employed. Even the cost of living is reasonable.

A solid 7.0% of people lack insurance, good for 6th in the area.

9. Olive Branch

Olive Branch, Tennessee

Population: 35,508
Unemployment Rate: 5.9%
Median Home Price: $166,100
Median Income: $67,004
More on Olive Branch: Real Estate | Data

Is ‘Everything Better In Olive Branch?’


It placed 9th on our list thanks to the fact that it’s really expensive to live here, but the schools are great, so you get what you pay for in that regard.

10. Marion

Marion, Tennessee

Population: 12,323
Unemployment Rate: 5.5%
Median Home Price: $147,200
Median Income: $67,178
More on Marion: Real Estate | Data

And rounding out the top ten for 2018 is Marion.

This city is far above average in every category, and the best part? It’s far more affordable than the other cities listed above. So, you get a big bang for your buck here.

Welcome to the Best Memphis ‘Burbs of 2018

We said it once and we’ll say it again–life in the big city isn’t for everyone. At least not all the time.

So if you’re hankering for some of the amenities of a larger city like Memphis, but don’t want to deal with the drawbacks, one of these suburbs might just be for you.

For more Tennessee reading , check out:

Detailed List Of The Best Memphis Suburbs

Rank City Population Unemployment Rate Median Home Price Median Income
1 Germantown 39,213 3.7% $296,300 $107,376
2 Collierville 48,005 3.8% $278,600 $110,591
3 Arlington 11,599 1.4% $207,800 $96,363
4 Bartlett 58,318 4.5% $171,300 $81,583
5 Lakeland 12,541 3.4% $252,000 $100,321
6 Atoka 8,917 4.3% $172,400 $87,047
7 Oakland 7,270 5.4% $175,400 $70,893
8 Hernando 15,227 4.2% $173,300 $66,486
9 Olive Branch 35,508 5.9% $166,100 $67,004
10 Marion 12,323 5.5% $147,200 $67,178
11 Munford 6,025 8.7% $148,300 $64,226
12 Southaven 51,816 5.9% $139,400 $58,427
13 Brighton 2,931 8.1% $135,800 $56,705
14 Horn Lake 26,785 9.8% $95,600 $45,310
15 Millington 11,069 7.7% $110,900 $47,823
16 West Memphis 25,411 11.4% $82,000 $30,632

Like HomeSnacks on Facebook:

Leave a Reply

Your email address will not be published. Required fields are marked *