The median home value in Memphis, TN 38120 is $421,600. This is higher than the county median home value of $206,500. The national median home value is $338,100. The average price of homes sold in Memphis, TN 38120 is $421,600. Approximately 70.42% of Memphis, TN 38120 homes are owned, compared to 21.45% rented, while 8.13% are vacant. Memphis, TN 38120 real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you're interested in, contact a Memphis, TN 38120 real estate agent to arrange a tour today!
Learn More About Memphis, TN 38120 Real EstateMemphis, TN 38120 has a population of approximately 14,928 and experiences a population change rate of 9.02%. The population density is 1,547.1 / sq mi.
The median household income for Memphis, TN 38120 is $111,220, with 6,237 households and an average household size of 2.36.
The cost of living index in Memphis, TN 38120 is 117.7%.
The median value of a home in Memphis, TN 38120 is $421,600 with an appreciation rate of 15.0%. 70.4% of housing in the zip code is owned while 21.4% is rented.
The unemployment rate in Memphis, TN 38120 is 3.50%, and recent job growth is at -0.42%. Future job growth is projected at 30.31%.
The sales tax rate in Memphis, TN 38120 is 9.75%, while the income tax rate is 0.00%.
School expenditures in Memphis, TN 38120 are $12,225, and the school ratio is 15.8:1.
The average high temperature in July is 91 degrees, with an average low temperature in January of 29.5 degrees. The average rainfall is approximately 54.7 inches per year, with 2.7 inches of snow per year.
Metric | City | County |
---|---|---|
High School Graduates | 86.61 | 89.28 |
College Degree - 2 year | 5.63 | 6.34 |
College Degree - 4 year | 27.09 | 33.31 |
Graduate Degree | 7.31 | 9.69 |
Expenditures per Student | $12,225 | $12,225 |
Students per Teacher | 15.80 | 15.80 |
School | Grades | Students | P/T Ratio | ZIP |
---|---|---|---|---|
Balmoral Ridgeway Elementary | KG - 05 | 330 | 15.7 | 38119 |
Belle Forest Community School | PK - 05 | 1153 | 20.9 | 38115 |
Brownsville Elementary | PK - 05 | 588 | 16.3 | 38134 |
Campus Kids Corner | PK - PK | 0 | null | 38134 |
Germantown Elementary | PK - 05 | 643 | 16.4 | 38138 |
Grahamwood Elementary | PK - 06 | 1025 | 16.6 | 38122 |
Highland Oaks Elementary | PK - 05 | 1033 | 17.8 | 38125 |
Kate Bond Elementary School | PK - 05 | 1072 | 15 | 38133 |
Macon-Hall Elementary | PK - 05 | 1156 | 18.7 | 38016 |
Oak Forest | PK - 05 | 545 | 14.6 | 38119 |
Omni Prep. Academy - North Point Lower School | KG - 04 | 200 | 21.1 | 38134 |
Raleigh- Bartlett Meadows School | PK - 05 | 449 | 17.4 | 38134 |
Richland Elementary | PK - 05 | 822 | 16.4 | 38120 |
Riverwood Elementary | PK - 05 | 1141 | 17.7 | 38016 |
Ross Elementary | PK - 05 | 1004 | 18.9 | 38141 |
Sea Isle Elementary | PK - 05 | 515 | 14.3 | 38117 |
Shady Grove Elementary | PK - 05 | 450 | 15.5 | 38120 |
Shelby Oaks Elementary | PK - 05 | 912 | 16.9 | 38134 |
White Station Elementary | PK - 05 | 657 | 15.1 | 38117 |
Willow Oaks Elementary | PK - 05 | 693 | 16.1 | 38117 |
School | Grades | Students | P/T Ratio | ZIP |
---|---|---|---|---|
American Way Middle | 06 - 09 | 705 | 20.1 | 38118 |
Colonial Middle School | 06 - 08 | 1092 | 17.4 | 38117 |
Cordova Middle School | 06 - 08 | 780 | 20.5 | 38118 |
Grandview Heights Middle | 06 - 08 | 703 | 32.7 | 38127 |
Havenview Middle School | 06 - 08 | 719 | 21.1 | 38116 |
Hickory Ridge Middle School | 06 - 08 | 902 | 19 | 38115 |
Highland Oaks Middle | 06 - 08 | 786 | 20.1 | 38125 |
Kate Bond Middle | 06 - 08 | 1213 | 20.6 | 38133 |
Ridgeway Middle School | 06 - 08 | 681 | 21.6 | 38119 |
Sherwood Middle School | 06 - 08 | 682 | 17.5 | 38111 |
White Station Middle School | 06 - 08 | 1312 | 18.2 | 38120 |
Wooddale Middle | 06 - 08 | 714 | 23.1 | 38118 |
School | Grades | Students | P/T Ratio | ZIP |
---|---|---|---|---|
Bolton High School | 09 - 12 | 1878 | 20.3 | 38002 |
Central High School | 09 - 12 | 1635 | 21.5 | 38104 |
Cordova High School | 09 - 12 | 2039 | 21 | 38016 |
Germantown High School | 09 - 12 | 2001 | 21.9 | 38138 |
Kingsbury High School | 09 - 12 | 1151 | 21.2 | 38122 |
Kirby High School | 09 - 12 | 1135 | 19.9 | 38115 |
Overton High School | 09 - 12 | 1277 | 18.1 | 38117 |
Ridgeway High School | 09 - 12 | 1207 | 22.1 | 38119 |
Southwind High School | 09 - 12 | 1641 | 22.9 | 38125 |
White Station High School | 08 - 12 | 2330 | 22.8 | 38117 |
Whitehaven High School | 09 - 12 | 1852 | 19.6 | 38116 |
Wooddale High School | 09 - 12 | 1189 | 17.8 | 38118 |
School | Grades | Students | P/T Ratio | ZIP |
---|---|---|---|---|
* East Career Technology Center | 07 - 12 | 0 | 0 | 38111 |
* Kansas Career and Technical Center | 09 - 12 | 0 | null | 38106 |
* Kingsbury Vocational School | 10 - 12 | 0 | 0 | 38122 |
* Memphis Adult High School | 09 - 12 | 362 | 36.2 | 38111 |
* Sheffield Career and Technical Center | 10 - 12 | 0 | 0 | 38118 |
* Southwest Career and Technical School | 10 - 12 | 0 | 0 | 38109 |
* Trezevant Career and Technical School | 09 - 12 | 0 | 0 | 38127 |
Avon Lenox School | KG - 12 | 137 | 10.5 | 38117 |
Freedom Preparatory Academy | 06 - 10 | 472 | 18.1 | 38109 |
Martin Luther King Transition Center | KG - 12 | 867 | 86.7 | 38126 |
Memphis Academy of Science Engineering Middle/High | 06 - 12 | 389 | 21.6 | 38103 |
Memphis Rise Academy | 06 - 12 | 95 | 19 | 38122 |
Memphis School of Excellence | 06 - 12 | 452 | 19.1 | 38141 |
Memphis Virtual School | 06 - 12 | 97 | 8.1 | 38108 |
New Consortium of Law and Business | 06 - 12 | 219 | 14.4 | 38134 |
Shrine School | PK - 12 | 133 | 9.5 | 38118 |
Snowden School | PK - 10 | 1529 | 17.8 | 38112 |
Soulsville Charter School | 06 - 12 | 632 | 14.7 | 38106 |
Woodstock High School | 06 - 10 | 339 | 20.1 | 38053 |