M emphis, Tennessee is a legendary southern city. Known for its deep musical roots, Memphis is both the home of music legend Elvis Presley, and is also considered to be the birthplace of the American blues. While you will see the deep pride that the city takes in these monikers, music is just one element of Memphis. The city has a warm and welcoming environment that brings thousands of newcomers to live in Memphis each year. It also has a strong local economy, providing a wealth of employment opportunities, and a relatively low cost of living.

All of this combines to create a top relocation destination. There are currently around 650,100 residents living in Memphis, with a median age of forty two years old. Of the town's working age population, approximately thirty three percent of residents here are employed in the service industry. An additional twenty nine percent are employed in a professional or managerial capacity, while some nineteen percent work in an administrative capacity. The average household income in Memphis is around $32,285 per year.

The city boasts an incredibly strong economy, bolstered by diverse economic streams. Memphis's business-friendly environment has successfully attracted a number of companies to do business within its borders, while supporting the existing businesses that choose to call this city home. The city has been so successful in its endeavors that, in the past two years alone, nearly two dozen major corporations moved to Memphis, while hundreds of local businesses expanded. The venerable Expansion Management Magazine applauded the city's success, naming Memphis as Number Five on its list of "Fifty Hottest Cities".

Potential home buyers will marvel at the options throughout the city. Whether you are looking for a single-family home on a tree-lined avenue, or an urban condominium in the heart of the city, Memphis has it all. With the steady influx of newcomers, home ownership has become a popular option here. Owners have seen a healthy appreciation of their homes' values over the years, making home ownership a solid investment in this area. Recent real estate report indicate that the average purchase price of a home is $200,000.

A focal point to the city is the downtown region. This cosmopolitan section of town is a chic and charming mix of art galleries, retail shops, restaurants, and coffee shops. The city has a delightful mix of architectural styles on display, and provides pedestrians with an ideal mix of old and new construction. Downtown has become a popular place to live for those seeking the ultimate urban lifestyle. Many locals prefer to be in the center of it all, with top-notch dining, entertainment and nightlife all within walking distance of their homes.

The downtown area is divided into several distinctive neighborhoods, the most famous of which is the legendary Beale Street. This is the entertainment epicenter for the entire region, with over two dozen nightclubs and restaurants. The city's Pinch District displays an eclectic mix of bars and bistros, and is a popular destination after a performance of the city's symphony orchestra or one of the sports events held at the nearby Pyramid. Meanwhile, the Midtown section of Memphis encompasses some of the original residential neighborhoods in the city. This genteel enclave hardly feels like city living, with wide avenues and mature trees lining the streets. Several art schools are located in the Midtown area, as is the local zoo and Overton Park, one of the largest urban parks in America.

Memphis is a vibrant city that offers the highest possible quality of life to newcomers and multi-generation residents alike. The city is rich with a culture and history like no other town in the nation, and continues today to be on the forefront of the 'next best thing'. If you are thinking about moving, consider all that Memphis, Tennessee has to offer! To learn more about this fantastic city, simply request our "free relocation assistance" today.