Rent to Own Homes in Memphis, TN: What You Need to Know
Memphis, Tennessee, is home to the Blues, bar-b-que, and Graceland. B.B. King, Elvis Presley, and Johnny Cash are a few of the American music giants that have made the city known worldwide. With a glass of iced tea and a ready smile, Memphis’ spirit of hospitality reaches below the surface.
Rich Local Culture
In 1968, Martin Luther King, Jr stood up for black sanitation workers in Memphis. Days later, this great man was killed at the Lorraine Motel, which is now a museum and a dedicated site for civil rights. Less than ten miles away, the home of Elvis Presley invites about 600,000 visitors every year. These buildings are not only local memorials, but also feed the city’s soul for making a livelihood in music, human rights, and hope. Memphis residents celebrate life in rhythm, cuisine, and ability to make every day seem special.
Things to Do in Memphis
Similar to other large cities, Memphis has its share of delightful parks and museums. Visitors can walk through the halls that gave roots to the city’s history of class and culture from the Slave Haven Underground Railroad Museum to the Memphis Brooks Museum of Art. The Smithsonian has the Memphis Rock ‘n’ Soul Museum, dedicated to musical trailblazers of the 20th Century. One can visit the home of WC Handy or fascinating Orpheum Theatre along the same famous road, Beale Street.
Memphis Real Estate: The Cost of Living
Memphis stands out as being affordable in many ways. The average value and price listing of a house are under $100,000. There are approximately 650,000 residents, making a median income of $40,000. The costs of health, transportation, and food are lower than the national average, as well. A single person can meet basic needs at $1,700 a month. For the same needs, a family of four can get by with $3,200 a month.
Plentiful Job Opportunities
There are varied top employers in the Memphis area: FedEx, Service Master, International Paper, AutoZone, various medical facilities (including St. Jude Children’s Research Hospital), the government, retail, and grocery chains. ZipRecruiter and Indeed have thousands of listings for immediate job openings. Idealist.org, for those with more community-based goals, has several listings for entry-level through professionals. The job market in Memphis has many opportunities.
Memphis’ Weather and Climate
With sixteen more inches of rain a year than the national average, one can imagine Memphis is anything but dry. Although Memphis receives some snow in the winter, it tends to have a mild and temperate climate, with an annual temperature of 62°F. Each of the four seasons is defined and appreciated. The long gardening season keeps local businesses like Urban Earth Gardens, as well as the city’s beautiful Botanical Gardens, open to sharing their visual glory.