Memphis, Tennessee is the 25th largest city in the U.S. It has a population of 652,236, says Census. Home of the blues, soul, and rock ‘n’ roll, the city gave birth to music legends such as Elvis Presley, Johnny Cash, B.B. King, Al Green, and Aretha Franklin.
Memphis stretches along the Mississippi River and sits at the intersection of two interstate highways, I-40 and I-55.
- Average housing tenure: 7.37 years
- Median value: $148,800
- Three-year home price appreciation: 12 percent
This article by Veneta Lusk was originally published on Debt.com.