Salary, Cost of Living & Best Neighborhoods in New South Memphis, TN

Last Updated: January 31, 2026By Tags:
New South Memphis, TN

Overview Of Salary And Cost Of Living In New South Memphis TN

New South Memphis, TN, located just south of downtown Memphis and often associated with the Whitehaven and South Memphis areas, offers a distinctive blend of affordability and access to major employment centers. As more professionals and families explore this part of the Mid‑South, understanding the average salary, cost of living, housing prices, neighborhoods, and schools in New South Memphis, TN becomes essential. This guide provides a comprehensive, data‑driven look at what it really costs to live here and how far your paycheck can go.

Average Salary In New South Memphis TN

Salaries in New South Memphis, TN generally track closely with the broader Memphis metro, but local variations exist based on industry, experience, and education. Many residents work in fields such as logistics, healthcare, hospitality, manufacturing, and public services, thanks to the area’s proximity to Memphis International Airport, distribution hubs, and major highways.

The following table provides an overview of estimated average annual salaries in New South Memphis, TN by common job category. These figures are approximations based on Memphis-area trends and may vary by employer and qualifications.

Job Category Estimated Average Annual Salary
Administrative & Office Support $34,000 – $42,000
Retail & Customer Service $27,000 – $35,000
Skilled Trades & Technicians $40,000 – $52,000
Healthcare Support (CNAs, Techs) $32,000 – $45,000
Registered Nurses $60,000 – $72,000
Education & Social Services $38,000 – $50,000
Logistics & Warehouse $33,000 – $45,000
Managers & Supervisors $55,000 – $75,000

Overall, the median household income in New South Memphis, TN tends to fall slightly below the national median, but this is balanced by a relatively low cost of living. Consequently, residents can often maintain a comfortable lifestyle, particularly when combining dual incomes or taking advantage of local career mobility.

Cost Of Living In New South Memphis TN

One of the most appealing aspects of New South Memphis, TN is its affordable cost of living. When compared to many other urban areas in the United States, housing, transportation, and groceries in this part of Shelby County are generally less expensive. This allows residents to stretch their salaries further, even when incomes are modest.

To better understand how the cost of living in New South Memphis, TN compares to national benchmarks, review the illustrative index below, where 100 represents the U.S. average.

Expense Category New South Memphis TN Index U.S. Average Index
Overall Cost Of Living 84 100
Housing 70 100
Groceries 93 100
Utilities 96 100
Transportation 90 100
Healthcare 95 100

These figures highlight that housing is the primary driver of affordability in New South Memphis, TN. While utilities and groceries remain relatively close to national levels, lower home prices and rents significantly reduce overall household expenses. In addition, Tennessee’s lack of a state income tax on wages can further enhance take‑home pay for New South Memphis residents.

Average Home Values And Rents In New South Memphis TN

For both homeowners and renters, New South Memphis, TN offers competitive real estate prices compared with many other metro regions. The local housing market features a mix of older single‑family homes, newer infill construction, small multifamily properties, and rental communities.

The table below gives a snapshot of typical home values and rental rates in New South Memphis, TN. Actual prices vary by specific neighborhood, condition of the property, and market fluctuations.

Property Type Estimated Price Or Rent
Median Single‑Family Home Value $140,000 – $190,000
Entry‑Level Starter Home $110,000 – $140,000
Updated 3‑Bedroom Home $170,000 – $225,000
Average 1‑Bedroom Apartment Rent $750 – $950 / month
Average 2‑Bedroom Apartment Rent $900 – $1,150 / month
Average 3‑Bedroom Home Rent $1,050 – $1,350 / month

As you compare options, it becomes clear that owning a home in New South Memphis, TN can often be as affordable as renting, especially for buyers who qualify for favorable mortgage rates or down‑payment assistance programs. This dynamic makes the area particularly attractive for first‑time homebuyers, young families, and investors seeking cash‑flow opportunities.

Best Neighborhoods In New South Memphis TN

Choosing the right neighborhood in New South Memphis, TN involves evaluating proximity to work, schools, amenities, and personal lifestyle preferences. While the broader area is largely residential with commercial corridors along major roads, several pockets stand out for their stability, community atmosphere, or convenience.

Below is an overview of notable neighborhoods and sub‑areas within and around New South Memphis, TN that many locals consider when relocating.

Neighborhood / Area Key Features
Whitehaven Area (Including Near Graceland) Mix of mid‑century homes, strong community identity, access to retail and restaurants, convenient to Memphis International Airport.
South Parkway & South Memphis Corridors Older housing stock with value‑oriented properties, close to downtown Memphis and major employers, potential for renovation and investment.
Neighborhoods Near I‑55 & I‑240 Interchange Excellent commuter access, diverse rental options, proximity to logistics and warehouse jobs.
Areas Near State Line Road Close to both Tennessee and Mississippi amenities, competitive home prices, appeal for residents who commute regionally.

When evaluating the best neighborhoods in New South Memphis, TN, potential residents should also consider factors such as crime statistics, ongoing revitalization initiatives, and access to parks and community centers. Touring the area at different times of day and speaking with local residents can provide valuable insight into neighborhood character and quality of life.

Schools In New South Memphis TN

Schools are a central concern for families considering a move to New South Memphis, TN. The area is primarily served by Memphis‑Shelby County Schools, along with several charter and private school options within commuting distance. Academic performance, extracurricular offerings, and specialized programs may vary significantly from campus to campus.

To help families begin their research, the chart below summarizes types of schools accessible to New South Memphis, TN residents. Exact school zones depend on address, so it is essential to verify assignments with the district.

School Type General Characteristics For New South Memphis TN Residents
Public Elementary & Middle Schools Core academic programs, varying performance levels, transportation and meal services often available, neighborhood‑based zoning.
Public High Schools Traditional and optional programs, athletics and clubs, career and technical pathways aligned with Memphis‑area employers.
Charter Schools Mission‑driven models, application or lottery‑based admission, emphasis on college readiness or specific educational approaches.
Private & Faith‑Based Schools Tuition‑based, smaller class sizes in some cases, faith‑centered curricula or specialized college‑prep environments.

Parents exploring schools in New South Memphis, TN should review state report cards, visit campuses when possible, and speak directly with administrators and other families. By doing so, they can identify educational environments that best support their children’s academic and social needs.

Final Thoughts On Living In New South Memphis TN

Living in New South Memphis, TN offers a compelling combination of affordable housing, reasonable cost of living, and access to the broader Memphis job market. While average salaries are modest compared with some larger U.S. metros, the lower overall expenses help many households achieve financial stability and even homeownership.

By carefully considering salaries, comparing everyday costs, evaluating home values and rents, and researching neighborhoods and schools, individuals and families can determine whether New South Memphis, TN aligns with their goals. For those seeking value, community ties, and proximity to major transportation routes and employers, New South Memphis, Tennessee remains an attractive option within the greater Memphis region.

Living in New South Memphis, TN: Frequently Asked Questions

What is the cost of living like in New South Memphis, TN?

The cost of living in New South Memphis is generally lower than the national average and more affordable than many other parts of the Memphis metropolitan area. Housing costs are typically the largest advantage, with median home prices and rents often below those in central Memphis. Utilities, groceries, and transportation expenses are relatively moderate, though car ownership is common and should be factored into your budget. Property taxes in Shelby County can be higher than in some neighboring counties, so it is wise to review tax rates and insurance costs when evaluating overall affordability.

Is New South Memphis a convenient location for commuting and transportation?

New South Memphis offers convenient access to major roadways such as Interstate 55 and Highway 61, which connect residents to downtown Memphis, the airport, and industrial and logistics hubs. Many residents commute by car, and drive times to central Memphis are typically reasonable outside of peak congestion periods. Public transportation options are more limited than in the urban core, with fewer bus routes and longer wait times, so relying solely on transit may be challenging. The area is practical for those who work in nearby distribution centers, manufacturing facilities, or businesses clustered along the transportation corridors.

What are the housing options in New South Memphis?

Housing in New South Memphis is predominantly composed of single-family homes, small multifamily buildings, and rental properties. Many neighborhoods feature older homes with modest lot sizes, which can offer good value for buyers willing to invest in updates or renovations. Rental housing is widely available, including single-family rentals and small apartment complexes, appealing to individuals and families seeking lower monthly costs. Prospective residents should research specific neighborhoods carefully, review recent sales or rental data, and, when possible, visit the area at different times of day to get a realistic sense of the local environment and housing conditions.

What is the community and lifestyle like in New South Memphis?

New South Memphis has a primarily residential character with a mix of long-time residents and newer arrivals drawn by its affordability and proximity to employment centers. Community life often centers on local churches, schools, and small businesses, with residents placing value on family, neighborhood ties, and local events. The area itself does not have as many entertainment districts as downtown or midtown Memphis, but those areas are accessible by car. Daily life is generally car-oriented, with shopping centers, grocery stores, and essential services located along major roads rather than within walkable, dense commercial corridors.

Are there nearby amenities, schools, and healthcare facilities in New South Memphis?

Residents of New South Memphis have access to a range of amenities within a short driving distance, including grocery stores, discount retailers, and local restaurants. Public and private schools serve the area through the Shelby County Schools system and other educational providers, though school performance and resources can vary; families should review school ratings, academic programs, and transportation options when choosing where to live. Healthcare services are available through nearby clinics, urgent care centers, and hospitals in the broader Memphis region, with specialized care and emergency services typically found within a reasonable drive toward central Memphis or other medical hubs in the county.

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