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.