Germantown is well-known as the Memphis metro’s most affluent area, and the homes there reflect that wealth.
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Who is the richest person in Memphis Tennessee?
Frederick Smith – Founder of FedEx Corp based in Memphis, TN. Net worth around $2.3 Billion.
What is the best area of Memphis to live?
Check out this list of the five best neighborhoods and suburbs in Memphis for families!
- Bartlett.
- Cordova.
- East Memphis.
- Germantown.
- River Oaks-Kirby-Balmoral.
What are the nicest neighborhoods in Memphis?
The 5 Best Memphis Neighborhoods
- Cooper-Young.
- Harbor Town.
- South Main.
- East Memphis.
- Binghampton.
- Living in Memphis.
Is Memphis a wealthy city?
Germantown, which has long been the Memphis metro’s most affluent suburb, has a national rank of No. 607 nationally in affluence, while cities in Nashville, such as Belle Meade (No. 25); Forest Hills (No.
Wealthiest ZIP Codes.
| Rank | ZIP Code | City |
|---|---|---|
| 1 | 38139 | Germantown |
| 2 | 38138 | Germantown |
| 3 | 38120 | Memphis |
| View This List |
Where do billionaires live in Tennessee?
Franklin and Brentwood, Tennessee are two of the most affluent locations in the state. However, Belle Meade in Nashville is where most of the historic families who have amassed large fortunes live. According to MSN, The billionaires in Nashville control more resources than any other city in the United States.
What is the richest town in Tennessee?
Detailed List Of The Richest Cities In Tennessee
| Rank | City | Median Income |
|---|---|---|
| 1 | Nolensville | $134,740 |
| 2 | Brentwood | $168,688 |
| 3 | Collierville | $113,996 |
| 4 | Farragut | $108,511 |
Where should I not live in Memphis?
The most dangerous areas in Memphis is based on data from the local law enforcement agency and when not available, also includes estimates based on demographic data.
- Downtown.
- Parkway Village-Oakhaven.
- Shelby Forest-Frayser.
- Berclair-Highland Heights.
- Midtown.
- White Haven-Coro Lake.
- Raleigh.
- East Memphis-Colonial-Yorkshire.
What is a good salary in Memphis?
In Memphis, the site lists the median income as $38,230 a year, but says the needed income if you’re a homeowner is $63,595 a year, and that the needed income if you’re a renter is $69,331.
Is it expensive to live in Memphis?
Memphis’s housing expenses are 34% lower than the national average and the utility prices are 3% higher than the national average. Transportation expenses like bus fares and gas prices are 11% lower than the national average. Memphis has grocery prices that are 9% lower than the national average.
Why Memphis is the best place to live?
Low cost of Living – One of the things that makes Memphis so attractive to people who are relocating is the low cost of living. From the price of dinner, the utilities of a household and the cost of housing itself to the price of other good and services. The city itself boasts a 91.8 on the cost of living index.
Where should I move to in Memphis?
Which Memphis Neighborhood Should You Move To?
- Midtown. This hip area in the city core — known as the funky, artsy area — is perhaps the most diverse neighborhood in Memphis.
- Cooper-Young.
- Crosstown.
- Downtown.
- Harbor Town.
- South Main.
- Binghampton.
- University District.
Where is the safest place to live in Memphis?
The 5 Safest Neighborhoods To Live In Memphis For 2021
- Windyke-Southwind. 8.5. Population: 10,884.
- Eads-Fisherville. Population: 14,121. Violent Crimes Per 100k: 230.
- Cordova-Appling. Population: 83,223. Violent Crimes Per 100k: 512.
- River Oaks-Kirby-Balmoral. Population: 42,038.
- Hickory Ridge-South Riverdale. Population: 92,024.
What is considered wealthy in Tennessee?
To be considered rich in the Nashville, Tennessee, metro area, you need to make over $127,878.
What is the richest zip code in Tennessee?
37215
In Tennessee, the 37215 ZIP code, located in Nashville in the Nashville-Davidson–Murfreesboro–Franklin, TN metro area, is the most expensive place to buy a home.
This is the Most Expensive ZIP Code in Tennessee.
| State: | Tennessee |
|---|---|
| Most expensive ZIP code: | 37215 |
| City: | Nashville |
| Median home sale price, 2020: | $719,000 |
| Median household income: | $127,203 |
How many billionaires are in Tennessee?
Table
| Rank by Number of Billionaires (9/15/20) | State or Federal District | Billionaires/ State’s 10M pop. (7/19 Census) (9/15/20) |
|---|---|---|
| 14 | Tennessee | 11.71 |
| 23 | Wyoming | 86.39 |
| 14 | Wisconsin | 13.74 |
| 11 | Arizona | 15.11 |
Who is the wealthiest family in Tennessee?
The wealthiest person in Nashville is Thomas Frist Jr. Frist was a former Air Force flight surgeon who founded the Hospital Corp of America in 1968 together with his father, Thomas Frist Senior.
How many millionaires are in Memphis Tennessee?
The Volunteer State has 88,284 millionaires, or 3.53 percent of all households.
Is Franklin TN wealthy?
Today, Franklin is one of the wealthiest cities in one of the wealthiest counties in the United States. The 2017 Census lists the City’s population at 71,374. This makes us the 7th largest city in Tennessee and one of the fastest growing.
Where is the rich part of Tennessee?
The richest town in Tennessee is Belle Meade. Belle Meade is a suburb of Nashville.
What is the best small town to live in in Tennessee?
Gatlinburg. Gatlinburg is another one of our favorite small towns in Tennessee because there are so many things to do. The town is situated right near the Great Smoky Mountains, which makes it a great stop on any mountain trips. Gatlinburg is a wonderful small town in Tennessee that has something to interest everyone.
