Who Should / Shouldn’t Move to Memphis

Memphis fits a specific kind of mover well: someone prioritizing genuine affordability and real logistics, medical-research, or retail-sector career access above almost everything else, and who can accept a genuinely elevated (if recently improving) crime profile and a distinctive earthquake/flood/tornado hazard mix as part of that trade-off.

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Buyers and Renters Prioritizing Affordability Above Most Other Factors

Memphis's roughly $210,000 median home price and rent running about 34% below the national average make it a genuinely strong fit for anyone whose top relocation priority is affordability -- especially first-time homebuyers, per the base Memphis record's bestFor designation, who will find Memphis's price point a real outlier relative to Nashville and most peer metros in this build.

Logistics, Distribution, and Medical-Research Professionals

FedEx's 30,000+ direct local employees and 80,000+ total footprint, plus Memphis International Airport's status as one of the world's top-three busiest cargo airports, make Memphis a genuinely strong fit for logistics and supply-chain professionals. St. Jude Children's Research Hospital's global significance and active expansion (up to 2,300 new jobs) similarly makes Memphis a strong fit for medical-research and pediatric-healthcare professionals specifically.

Anyone Wanting No State Income Tax

Tennessee's complete absence of a state income tax, covered on the taxes topic page, makes Memphis a genuinely strong fit for anyone prioritizing take-home pay maximization on wages or retirement income, provided they can accept the trade-off of a genuinely high combined sales tax rate in exchange.

People Comfortable Weighing a Distinctive, Real Hazard Mix

Because Memphis carries a genuinely unusual hazard combination -- New Madrid Seismic Zone earthquake risk, real river flood risk, and tornado exposure -- Memphis rewards movers willing to research and budget for that specific mix (including separate earthquake insurance) directly, rather than assuming an inland Southern city automatically means a simple, low-hazard profile.

Key takeaways

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Last reviewed: 2026-08-22. Independent research; not financial, tax, or legal advice -- confirm current figures with a local professional before making a decision.