Memphis

Housing & affordability in Hernando

ACS 2020–24 · four inputs · 18% of the overall score
C+
64/100
8th of 14
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The four inputs
Median home value vs metro$315,900
Memphis $245,90040% · scores 64
Median rent vs metro$1,302/mo
Memphis $1,220/mo30% · scores 55
Ownership rate81%
Memphis 61%15% · scores 84
Households spending >30% of income on housing27%
Memphis 34%15% · scores 61
Context, not scored
Median year built · Memphis 19832002
Houses rather than flats · Memphis 73%83%
Households with children · Memphis 31%41%
Neither direction is better here, so none of it moves the grade. It is on the page because it changes what a place is like to live in.
Vertical rule marks the Memphis reference. ACS 2020–24. Every scale is on the methodology page.

Best Memphis suburbs for housing

All 14 ranked, Hernando highlighted
1ArlingtonA−$424,4002GermantownA−$470,8003ColliervilleB+$485,9004LakelandB$388,9005Olive BranchB−$290,0006BartlettB−$310,4007AtokaC+$320,7008HernandoC+$315,9009SouthavenC−$236,30010MarionD+$212,40011MillingtonD$207,30012Horn LakeD−$171,40013MemphisF$169,00014West MemphisF$120,100
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Better than Hernando on housing & affordability

Hernando grades C+ on housing & affordability. Three suburbs are within 25 miles and score higher on the same four inputs.

SuburbHousingMedian home valueOwnership rateOverall
Germantown20 mi from HernandoA−$471k87% 73 B Collierville22 mi from HernandoB+$486k80% 71 B− Olive Branch11 mi from HernandoB−$290k82% 66 C+
Median home value: ACS 2020–24 · Ownership rate: ACS 2020–24