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Welcome to the land of the 1%. Where you'll find lawyers, and doctors, and business executives. And while they probably aren't made of ticky tacky, they are definitely made of money.
These are the wealthiest neighborhoods that Memphis has to offer. Where houses go for over 1.38x the national median and household incomes are 1.56x the national median.
But where exactly in Memphis do the richest of the rich people live? That would be Windyke-Southwind where the median income is a cool $85,767.
Here's a look at the top 10 richest neighborhoods in Memphis out of 13 for 2022.
The Richest Neighborhoods In Memphis For 2022
What's the richest neighborhood to live in Memphis for 2022? According to the most recent census data, Windyke-Southwind looks to be the richest Memphis neighborhood to live in.
Summing up the median income of those 10 neighborhoods adds up to $527,178. And that my friend, is more 0s than most of us will see in our bank account for a long, long time -- if we ever get that lucky. Continue on to find where your neighborhood ranks amongst the richest in Memphis. Once you're done, you can look at the bottom of the story for a complete chart of every neighborhood we looked at from richest to poorest.
For more Memphis reading, check out the best neighborhoods in Memphis and the worst neighborhoods in Memphis. Or, for living around Memphis, out the best Memphis suburbs and the worst Memphis suburbs.
For more Tennessee reading, check out:
- Best Places To Live In Tennessee
- Cheapest Places To Live In Tennessee
- Richest Cities To Live In America
- Richest States To Live In America
Richst Neighborhoods In Memphis For 2022 By Median Income
| Rank | Neighborhood | Median Household Income< |
|---|---|---|
| 1 | Windyke-Southwind | $85,767 |
| 2 | Eads-Fisherville | $77,857 |
| 3 | Cordova-Appling | $65,003 |
| 4 | River Oaks-Kirby-Balmoral | $64,831 |
| 5 | East Memphis-Colonial-Yorkshire | $47,789 |
| 6 | Hickory Ridge-South Riverdale | $45,212 |
| 7 | Raleigh | $37,105 |
| 8 | Parkway Village-Oakhaven | $34,723 |
| 9 | Midtown | $34,572 |
| 10 | White Haven-Coro Lake | $34,319 |
| 11 | Berclair-Highland Heights | $29,979 |
| 12 | Downtown | $25,786 |
| 13 | Shelby Forest-Frayser | $24,694 |
How We Determined The Wealthiest Neighborhoods In Memphis For 2022
Every city has it's best neighborhoods -- where everyone wants to live -- and the worst neighborhoods -- where no one wants to live. And then you have the wealthiest neighborhoods, where no one can afford to live.
And by no one, we really mean you because there's always someone richer than you.
How do you quantify richer than you? We looked at one simple criterion:
Which neighborhoods have the highest median income?
Using census and extrapolated BLS data, we ranked every neighborhood based on income levels.
We ranked every neighborhood in Memphis by median income from highest to lowest. The neighborhood with the highest median income, Windyke-Southwind, was named the richest neighborhood in Memphis.
The poorest neighborhood? That would be Shelby Forest-Frayser.
Now a look at how all the neighborhoods in Memphis ranked.
For more Tennessee reading, check out:
- Most Dangerous Cities In Tennessee
- Richest Cities In Tennessee
- Safest Places In Tennessee
- Worst Places To Live In Tennessee
