Let the numbers do the talking.
Memphis, TN 38103 vs Memphis, TN 38104
| Category | Memphis, TN 38103 | Memphis, TN 38104 |
|---|---|---|
| Housing | ||
| Verdict | Think twice | Think twice |
| Median Price | $375K | $289K ✓ Lower price |
| Median Rent | $1K | $1K ✓ Lower rent |
| Median Income | $90K ✓ Higher income | $53K |
| Price Volatility | Moderate | Moderate |
| Getting Around | ||
| Walk Score | 48/100 ✓ More walkable | 41/100 |
| Transit Score | 44/100 ✓ Better transit | 10/100 |
| Bike Score | 80/100 ✓ More bikeable | 65/100 |
| Commute | 30 min | 6 min ✓ Shorter commute |
| Safety & Environment | ||
| Safety Grade | D+ ✓ Safer | F |
| Violent Crime | Moderate ✓ Lower risk | High |
| Property Crime | Moderate ✓ Lower risk | High |
| Flood Risk | Low | Low |
| Air Quality | Moderate | Moderate |
| Community | ||
| Schools | 7/10 | 7/10 |
| Best for | young professionalsfamilies with childrenstudents | Budget‑conscious commutersRemote workers who need a carFamilies willing to accept higher crime risk |
Bottom line
The first neighborhood is better suited for those who prioritize decent schools and are willing to stretch their budget for a higher median home price, while the second neighborhood is a more affordable option for budget-conscious commuters who can accept higher crime risk. For those who need a short commute to downtown Memphis, the second neighborhood's 6-minute commute is a significant advantage. Ultimately, the choice between these two neighborhoods depends on your individual priorities regarding budget, commute, and safety.
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