Best Neighborhoods for Young Professionals in Memphis, TN
Comprehensive walkability, transit, and job market data for Memphis, TN to help young professionals find the right neighborhood.
Young Professional Neighborhoods in Memphis — Key Takeaways
Neighborhood-level data for Memphis, TN is not yet available. Below is a comprehensive overview of Memphis as a whole.
The unemployment rate in Memphis is 4.3%, 16% above the national average of 3.7%. The citywide median rent is $1,416/month (national average: $1,163). Median household income is $41,228.
Data sourced from the US Census Bureau, Walk Score, FBI Crime Data Explorer, and BLS. Last updated: March 2026.
Memphis at a Glance
Detailed neighborhood-level data for Memphis is coming soon. In the meantime, here is a comprehensive overview focused on young professional metrics.
Walk Score
89/100
Nat'l avg: 48/100
Transit Score
54/100
Nat'l avg: 28/100
Bike Score
85/100
Nat'l avg: 32/100
Median Rent
$1,416
Nat'l avg: $1,163
Unemployment
4.3%
Nat'l avg: 3.7%
Median Income
$41,228
Nat'l avg: $74,580
Population
633,104
Violent Crime
6.7 per 1K
Nat'l avg: 3.7 per 1K
Explore Nearby Cities in Tennessee
Neighborhoods are ranked using the Young Professional (YP) Score, a composite index that prioritizes the metrics most important to early-career professionals choosing where to live:
- Walkability (Walk Score)
- 25% weight
- Transit Access (Transit Score)
- 20% weight
- Job Market (Unemployment Rate)
- 20% weight
- Affordable Rent (Median Rent)
- 20% weight
- Bikeability (Bike Score)
- 15% weight
Walkability is weighted highest because young professionals tend to prefer neighborhoods where daily errands, dining, and entertainment are accessible on foot. Transit and bikeability scores reflect commute flexibility without car ownership. The job market factor rewards low unemployment, while affordable rent ensures neighborhoods are financially accessible to early-career earners.
Data Sources: Walk Score (walkability, transit, and bike scores), US Census Bureau American Community Survey (median rent, unemployment rate), FBI Uniform Crime Reporting (crime rates), and Bureau of Labor Statistics (BLS). All data is updated on a rolling basis as new releases become available.