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Memphis (zip 38118), Tennessee   Add Favorite        0 Reviews | Review This Place

Find your Best Mortgage in Memphis: Fixed Rate, Adjustable Rate, 30 years, 15 years.


-Cultural interest
-Cost of living


-Crime rates
-Recent employment declines
-Hot, humid summers

What Bert Has To Say About Memphis Metro Area

Sultry, soulful Memphis is an interesting and vivid place, located along the Mississippi River at the Arkansas border. The largest city in Tennessee, Memphis has a history of dramatic highs and lows: antebellum cotton-trading prosperity, Civil War destruction and reconstruction, yellow-fever epidemics, resurgence as a lumber and (again) cotton-trading center, and post–World War II decline. Today the city is on an upswing, thanks to recognition of its unique cultural assets and urban renewal.


  • Profile: Large city
  • Time zone: Central Standard Time
  • Elevation: 284
  • Real Estate: For Sale  For Rent
  • City: Memphis
  • Zip Codes: Memphis (zip 38118)

Quick Facts About Memphis

    The unemployment rate in Memphis (zip 38118) is 6.30 percent(U.S. avg. is 5.20%). Recent job growth is Positive. Memphis (zip 38118) jobs have Increased by 0.62 percent.
    Compared to the rest of the country, Memphis (zip 38118)'s cost of living is 28.70% Lower than the U.S. average.
    As of 2014, Memphis (zip 38118)'s population is 42,779 people. Since 2000, it has had a population growth of -2.58 percent.
    Average Commute time is 29 minutes. The National Average is 26 minutes.
    The median home cost in Memphis (zip 38118) is $59,200. Home appreciation the last 10 years has been -21.13%.
    Memphis (zip 38118) public schools spend $8,579 per student. The average school expenditure in the U.S. is $12,383. There are about 16.1 students per teacher in Memphis (zip 38118).

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Memphis Housing Market

It's a good time to buy in Memphis. Home Appreciation is up 10.6% in the last 12 months. Browse Memphis Real Estate.
The median home price in Memphis is $59,200. Browse Homes in this Range.
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