Best Memphis Suburbs To Live For 2020


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

Editor’s Note: Data has been updated for 2020. This is our sixth time ranking the best Memphis suburbs.

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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...

What's the best suburb of Memphis? Germantown ranks as the best suburb of Memphis for 2020 based on the most recent Census and FBI data. 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.

Note: This result may differ from our state wide data as we did not include commute times and crime for this analysis to allow for a larger selection of suburbs.
Or feel free to check out some more reading about Tennessee:

The 10 Best Memphis Suburbs To Live For 2020

Germantown, TN

Source: City Of Germantwon
Overall SnackAbility

7.5
/10

Population: 39,164
Rank Last Year: 1 (No Change)
Median Income: $116,585
Unemployment Rate: 3.3%
Poverty Rate: 2.3%
More on Germantown: Real Estate | Data | Photos

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 $116,585 a year, which is the 1st highest in the Memphis region. And only 3.31% are out of work. Homes average more than $321,600 each.

Collierville, TN

Source: Public domain
Overall SnackAbility

9.5
/10

Population: 49,610
Rank Last Year: 2 (No Change)
Median Income: $113,789
Unemployment Rate: 2.4%
Poverty Rate: 4.1%
More on Collierville: Real Estate | Data | Photos

Collierville is the second best 'burb we looked at near Memphis for 2020.

It ranks 2nd for incomes in the area and only 3.49% of residents lack insurance, good for 4th best.

Arlington, TN

Source: Public domain
Overall SnackAbility

7
/10

Population: 11,689
Rank Last Year: 3 (No Change)
Median Income: $101,186
Unemployment Rate: 2.1%
Poverty Rate: 2.2%
More on Arlington: Real Estate | Data | Photos

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.

Bartlett, TN

Overall SnackAbility

9
/10

Population: 58,828
Rank Last Year: 4 (No Change)
Median Income: $83,746
Unemployment Rate: 4.2%
Poverty Rate: 6.4%
More on Bartlett: Real Estate | Data | Photos

Bartlett ranks as the 4th best suburb of Memphis for 2020.

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.

Atoka, TN

Overall SnackAbility

8.5
/10

Population: 9,139
Rank Last Year: 6 (Up 1)
Median Income: $91,228
Unemployment Rate: 2.0%
Poverty Rate: 6.4%
More on Atoka: Real Estate | Data | Photos

Coming in as the fifth best is Atoka.

Atoka gets kudos for having the 5th most expensive homes in the Memphis area, where houses sell for an average of $192,400. However, the cost of living here is among the highest in the area.

Lakeland, TN

Source: Public domain
Overall SnackAbility

7
/10

Population: 12,628
Rank Last Year: 5 (Down 1)
Median Income: $101,169
Unemployment Rate: 3.3%
Poverty Rate: 4.7%
More on Lakeland: Real Estate | Data | Photos

Lakeland 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 3.35% which is 5th best in the area.

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

Olive Branch, MS

Overall SnackAbility

8
/10

Population: 36,721
Rank Last Year: 8 (Up 1)
Median Income: $72,451
Unemployment Rate: 4.8%
Poverty Rate: 6.8%
More on Olive Branch: Real Estate | Data | Photos

The 7th best suburb on our list goes to Olive Branch.

Olive Branch 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 12.8 miles to downtown, which is a good thing.

Hernando, MS

Overall SnackAbility

8.5
/10

Population: 15,807
Rank Last Year: 9 (Up 1)
Median Income: $77,754
Unemployment Rate: 3.6%
Poverty Rate: 6.7%
More on Hernando: Real Estate | Data | Photos

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 6.8% of people lack insurance, good for 9th in the area.

Oakland, TN

Overall SnackAbility

5
/10

Population: 7,707
Rank Last Year: 7 (Down 2)
Median Income: $72,276
Unemployment Rate: 4.1%
Poverty Rate: 4.3%
More on Oakland: Real Estate | Data | Photos

Is 'Everything Better In Oakland?'

Almost.

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.

Munford, TN

Overall SnackAbility

8
/10

Population: 5,998
Rank Last Year: 11 (Up 1)
Median Income: $73,364
Unemployment Rate: 10.1%
Poverty Rate: 11.1%
More on Munford: Real Estate | Data | Photos

And rounding out the top ten for 2020 is Munford.

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.

How We Determined The Best Suburbs Around Memphis for 2020

Figuring out the best suburbs 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 for 2014-2018 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 17 suburbs to evaluate around Memphis.

We ranked each place with scores from 1 to 17 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. You can download the data here.

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.

Welcome to the Best Memphis 'Burbs of 2020

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 Median Income
1 Germantown, TN 39,164 $116,585
2 Collierville, TN 49,610 $113,789
3 Arlington, TN 11,689 $101,186
4 Bartlett, TN 58,828 $83,746
5 Atoka, TN 9,139 $91,228
6 Lakeland, TN 12,628 $101,169
7 Olive Branch, TN 36,721 $72,451
8 Hernando, TN 15,807 $77,754
9 Oakland, TN 7,707 $72,276
10 Munford, TN 5,998 $73,364
11 Southaven, TN 53,274 $61,181
12 Marion, TN 12,447 $71,524
13 Brighton, TN 2,944 $58,896
14 Horn Lake, TN 26,925 $47,263
15 West Memphis, TN 25,009 $31,662
16 Earle, TN 2,179 $33,365
17 Millington, TN 10,720 $52,324

How Is Your Town In ?

About Chris Kolmar

Chris Kolmar has been in the real estate business for almost ten years now. He originally worked for Movoto Real Estate as the director of marketing before founding HomeSnacks.

He believes the key to finding the right place to live comes down to looking at the data, reading about things to do, and, most importantly, checking it out yourself before you move.

If you've been looking for a place to live in the past several years, you've probably stumbled upon his writing already.

You can find out more about him on LinkedIn or his website.

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