Neighborhood Profile

East Memphis-Colonial-Yorkshire

Memphis, TN | Shelby County
Scored premium profile
Best Neighborhoods USA Index
42.3
National rank: #10,306 of 14,967
Stability and Strength
40.9
Score
Value Opportunity
58.5
Score
Momentum
21.8
Score
Score note: Rankings show denominators so users always see the size of the eligible cohort.
ContextValue
LocationMemphis, TN
CountyShelby County
National rank#10,306 of 14,967
State rank#356 of 571
City rank#3 of 12
County rank#32 of 43
National percentile31.1
National bandMIDDLE_50_PERCENT
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Housing and local fundamentals

Housing and market metricsValue
Current Zillow home value$223,282
Year-over-year home value change-2.2%
Month-over-month home value change-0.26%
Home value to income ratio3.08
Median household income$72,491
Bachelor's degree or higher44.6%
Civilian unemployment rate7.9%
Homeownership rate56.4%
Housing vacancy rate11.5%
Rent burden 30% or higher56.6%

How to read this profile

  • Ranks are always shown with denominators.
  • Momentum reflects both year-over-year and month-over-month housing change.
  • Stability and Strength and Value Opportunity are governed composite scores.
  • Identity composition is descriptive intelligence and is not a scoring component.
Questions and Answers

Questions About Living in East Memphis-Colonial-Yorkshire

What is the Best Neighborhoods USA ranking for East Memphis-Colonial-Yorkshire?

East Memphis-Colonial-Yorkshire is ranked #3 of 12 eligible neighborhoods in Memphis; #356 of 571 eligible neighborhoods in TN; and #10,306 of 14,967 eligible neighborhoods in the United States.

Is East Memphis-Colonial-Yorkshire one of the best neighborhoods in Memphis?

East Memphis-Colonial-Yorkshire has a Best Neighborhoods USA Index of 42.3 and a city ranking of #3 of 12 eligible neighborhoods in Memphis.

How much are homes worth in East Memphis-Colonial-Yorkshire?

The current Zillow Home Value Index for East Memphis-Colonial-Yorkshire is approximately $223,282.

Are home values rising or falling in East Memphis-Colonial-Yorkshire?

Zillow neighborhood values changed -2.2% year over year and -0.26% month over month.

What is the Neighborhood Momentum Score for East Memphis-Colonial-Yorkshire?

East Memphis-Colonial-Yorkshire has a Neighborhood Momentum Score of 21.8. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.

What is the median household income in East Memphis-Colonial-Yorkshire?

The NDS-derived neighborhood median household income is approximately $72,491.

How affordable is East Memphis-Colonial-Yorkshire relative to household income?

The current Zillow home-value-to-household-income ratio is 3.08. Price-to-income affordability is a major Value Opportunity input.

Is East Memphis-Colonial-Yorkshire primarily homeowners or renters?

The NDS-derived homeownership rate is approximately 56.4%.

What is the unemployment rate in East Memphis-Colonial-Yorkshire?

The NDS-derived civilian unemployment rate is approximately 7.9%.

How educated are residents of East Memphis-Colonial-Yorkshire?

Approximately 44.6% of residents age 25 and older are estimated to have a bachelor's degree or higher.

What share of renters in East Memphis-Colonial-Yorkshire face high rent burden?

Approximately 56.6% of the applicable renter-household universe is estimated to spend 30% or more of household income on gross rent.

How does Best Neighborhoods USA score East Memphis-Colonial-Yorkshire?

The overall index combines 40% Stability and Strength, 35% Value Opportunity, and 25% Momentum. Race, ethnicity, and identity composition are not scoring components.

Governed ranking context

How this neighborhood ranks

HMDA Mortgage Intelligence

Neighborhood Mortgage Market

FULL_OR_NEAR_FULL

Modeled neighborhood-level mortgage activity allocated from governed HMDA tract data using Zillow neighborhood geometry. These neighborhood values are nonadditive and do not enter the Best Neighborhoods USA Index.

Activity year2024
Estimated applications3,018
Estimated originations1,843
Home-purchase applications1,651
Origination rate61.1%
Home-purchase share54.7%
Average application loan$211,780
Total application loan amount$639,110,863
National application rank#16 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications -1.7% YoY; originations 0.2% YoY
Mortgage methodology

HMDA is natively reported at tract and other lender-reporting geographies, not Zillow neighborhood or ZIP geography. This module uses the certified NDS HMDA-to-Zillow tract-vintage crosswalk and area-weighted allocation. Rankings require governed geometry coverage. Applicant demographics are excluded. Neighborhood values may overlap and must not be summed to reconstruct ZIP or national totals.