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Page 8

MEMPHIS AT A GLA LOCATION

Memphis

Average Commute Time 20.8 MIN

5 MILLION

Average Flight Time to Memphis Direct Flights 1 HR 48 MIN

PEOPLE LIVE IN T H E MID - SOU TH COST OF LIVING Denver

113.2

Dallas

101.8

Nashville

99.2

Charlotte

97.0

Memphis

Race & Ethnicity

105.4

Atlanta

Indianapolis

DEMOGRAPHICS

African American - 47.4% Caucasian - 42.5% Hispanic / Latino - 5.6%

92.8

Asian - 2.1% Two or More / Other - 1.8%

80.6

American Indian - .3%

Memphis’ Cost of Living is

12% LOWER

40.1% 25-54

Age

than the National Average

21.1%

20.1%

3RD LARGEST MARKET For Millennial Home Buyers 6

0-14

55-74

13.5% 15-24

5.2% 75+

0

15

25

55

Median Age: 36.5 GREATER MEMPHIS RELOCATION GUIDE

75

Profile for greatermemphischamber

Greater Memphis Relocation Guide | 2019