West Tennesee
Southern Hospitalty is still one of the many qualities that has not been lost in the cosmopolitan growth of the Mid-South. Memphis is unique in that we have found a balance between the amenities, diversity and tolerance of a big city while keeping true to the comfort of our small town history.
Memphis is the City of Good Abode is alive and well. Our low cost of living and our high quality of life make the Memphis Area a relocation destination for thousands each year.
Compare the cost of living in Memphis with other U.S. cities
ACCRA Cost of Living Index
In fact, Memphis is booming, due in large part to record-breaking new capital investment, exciting new entertainment venues, and a vibrant, revitalized downtown.
The Mortgage Bankers Association of America put Memphis at number ten on its Top Ten Hottest U.S. Markets for Mortgage Lenders hot index list, which ranks markets by such loan-business generators as household, or family, formations, population growth and employment levels.
Memphis had the highest percentage of first-time home buyers in 1999, according to the annual "Who's Buying Homes in America" conducted by the Chicago Title Corp., and ranked 2nd highest in minority home buyers.
In 1995, Memphis exceeded the national per capita income for the first time. When adjusted by the cost of living index, Memphis ranks ahead of our 2005 peer cities of Atlanta, Charlotte, Indianapolis, Birmingham, and Louisville.
Memphis made Ebony magazine’s list “10 Best Cities for Black Women” based on lifestyle, safety, culture, and professional outlook.
Memphis ranked number eight among America’s Top 40 Real Estate Markets for the second consecutive year according to Expansion Management magazine.
Memphis ranks 6th in the nation in the number of properties on the National Register of Historic Places, and has more historic listings per capita that any city in America.
The city of Memphis is ranked the 4th most efficiently operated city for the past five years.
The Memphis metro area’s economy (measured by Gross Metro Product) is larger than 12 states.
The Memphis metro area’s GMP is larger than 123 nations.
Visit Our Maps and Resources to find out more about Memphis and the counties of Fayette, Shelby and Tipton.