Do you like your neighborhood? Is it friendly, and where everyone knows their neighbors? No matter if you live in the sticks or in an apartment building in downtown Memphis, you have a little pocket that you can call home. And each neighborhood is different.
Smaller neighborhoods usually have obvious benefits — less crime, a slower pace of life, and a lower cost of living. But not all Memphis neighborhoods are created equal. Some are better than others. But which ones?
Instead of relying on public opinion and speculation, we wanted to get the facts straight and find out which neighborhoods in Memphis are the best. If you’re in one of the places we’re about to highlight, odds are you know you’ve got it made.
Here are the best neighborhoods in Memphis for 2018:
- Windyke-Southwind (Homes)
- Eads-Fisherville (Homes)
- River Oaks-Kirby-Balmoral (Homes)
- Cordova-Appling (Homes)
- White Haven-Coro Lake (Homes)
- Downtown (Homes)
- East Memphis-Colonial-Yorkshire (Homes)
- Parkway Village-Oakhaven (Homes)
- Hickory Ridge-South Riverdale (Homes)
- Berclair-Highland Heights (Homes)
Read on to see how we determined the places around Memphis that deserve a little bragging rights or maybe you’re interested in the worst neighborhoods in Memphis.
If you’re thinking of moving to elsewhere in Tennessee check out:
- 10 Best Places To Live In Tennessee
- 10 Cheapest Places To Live In Tennessee
- 10 Most Dangerous Cities In Tennessee
How do you determine the top neighborhoods in Memphis for 2018?
In order to rank the best neighborhoods in Memphis, we had to determine what criteria defines a ‘best’.
Using crime, census, and extrapolated BLS data, we arrived at the following set of criteria:
- High incomes
- Low unemployment rates
- Low crime
- High home prices
- High population densities (A proxy for things to do)
We limited the analysis to neighborhoods with over 1,000 people.
We then ranked each neighborhood with scores from 1 to 13 in each category, where 1 was the best.
Next, we averaged the rankings for each neighborhood to create a best neighborhood index.
And finally, we crowned the neighborhood with the lowest best neighborhood index the ‘Best City Neighborhood In Memphis.’ We’re lookin’ at you, Windyke-Southwind.
Read on below to learn more about what it’s like to live in the best places Memphis has to offer. Or skip to the end to see the list of all the neighborhoods in the city from best to worst.
Median Income: $73,937
Median Home Value: $248,175
Median Income: $75,186
Median Home Value: $184,600
Eads is an unincorporated community in Shelby County, Tennessee, United States named after Civil War engineer James Buchanan Eads. Some of Eads have been annexed by the city of Memphis. Some of its area is currently still unincorporated. Eads is located northeast of Germantown, west of Somerville, east of Memphis and east of Bartlett. The Eads zip code stretches into both Shelby County and Fayette County, including parts of Hickory Withe and Fisherville. Major roads in this area include Macon Road, Collierville-Arlington Road, Raleigh-LaGrange Road, and Houston Levee/Hall Road.
More on Eads-Fisherville: Real Estate | Data
3. River Oaks-Kirby-Balmoral
Median Income: $66,062
Median Home Value: $167,732
Median Income: $65,604
Median Home Value: $144,768
Cordova is a community in Shelby County, Tennessee, Tennessee, United States. Cordova lies east of Memphis, north of Germantown, south of Bartlett, and northwest of Collierville at an elevation of 361 feet.
More on Cordova-Appling: Real Estate | Data
5. White Haven-Coro Lake
Median Income: $34,756
Median Home Value: $74,687
Whitehaven is a predominantly African-American community in Memphis, Tennessee, first organized in the late 19th century as a neighborhood for upper-class families. Its current population is about 50,000.
More on White Haven-Coro Lake: Real Estate | Data
Median Income: $25,584
Median Home Value: $65,883
Downtown Memphis, Tennessee is the central business district of Memphis, Tennessee and is located along the Mississippi River between Interstate 40 to the north, Interstate 55 to the south and I-240 to the east, where it abuts Midtown Memphis.
More on Downtown: Real Estate | Data
7. East Memphis-Colonial-Yorkshire
Median Income: $46,153
Median Home Value: $135,672
East Memphis is a region of Memphis, Tennessee, that includes several defined and informal subdivisions/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.
More on East Memphis-Colonial-Yorkshire: Real Estate | Data
8. Parkway Village-Oakhaven
Median Income: $33,334
Median Home Value: $66,275
Parkway Village is a predominantly African-American community in southeast Memphis, Tennessee. Parkway Village is bounded by Getwell Road and Lamar Avenue on the West, Winchester Road on the South, I-240 on the North, and Mendenhall Road on the East. The former Mall of Memphis was in the Parkway Village community.
More on Parkway Village-Oakhaven: Real Estate | Data
9. Hickory Ridge-South Riverdale
Median Income: $45,477
Median Home Value: $92,482
10. Berclair-Highland Heights
Median Income: $29,284
Median Home Value: $56,197
Putting A Bow On Our Analysis Of Memphis
If you’re measuring the neighborhoods in Memphis where crime is low and everyone wants to live, this is an accurate list.
If you’re curious, here are the worst places in Memphis:
- Shelby Forest-Frayser
For more reading, check out:
- 10 Worst Places To Live In Tennessee
- These Are The 10 Richest Cities In Tennessee
- 10 Safest Places In Tennessee
Detailed List Of The Best Neighborhoods In Memphis
|5||White Haven-Coro Lake||90,284|
|9||Hickory Ridge-South Riverdale||92,284|