Pros and Cons of Living In Germantown, Tennessee. Is Germantown, TN a Nice Place To Live or Retire?

Germantown, Tennessee

Moving to Germantown In Tennessee ? Is Germantown, TN a Nice Place To Live? Pros and Cons of Living in Germantown, Tennessee. Find out the best and worst about to live, raise a family or retire in Germantown.

Germantown is a city in Shelby County, Tennessee, United States. The population was 41,333 at the 2020 census.

Germantown is a suburb of Memphis, bordering it to the east-southeast. Germantown was founded in 1841 by mostly German emigrants. The town hosts Festivals year round to celebrate their history and German Culture. In the city center is the "Old Germantown" neighborhood, anchored by a railroad depot (a 1948 reproduction of the 1868 original) and railroad tracks that recall the community's earliest days of development as an outpost along the Memphis and Charleston Railroad.

The city hosts many horse shows and competitions annually, most notably the Germantown Charity Horse Show in June. Other major annual events include the...

DEMOGRAPHICS

Population
39196
Unemployment
2.6%
45% NAT AVG.
Poverty
2.4%
83% NAT AVG.
Cost Of Living
108
8% NAT AVG.

ECONOMICS

Median Home Cost
$337600
47% NAT AVG.
Median Income
$123387
83% NAT AVG.
Median Rent
$1358
17% NAT AVG.
Overall Score
7.5

CRIME REPORT

Total Crime
573
38% NAT. AVG.
54% STATE AVG.
Violent Crime
42
72% NAT. AVG.
84% STATE AVG.
Property Crime
531
31% NAT. AVG.
46% STATE AVG.

SOCIO-ECONOMICS

People Living Below BPL
1 in 42
Unemployed People
1 in 38
People Earning < $10,000
1 in 31
People Earning < $50,000
16.6%
People With Any Degree
1 in 1.4

ETHNICITY

Ethnicity Germantown USA
White 87.6% 60.1%
African American 2.3% 12.2%
American Indian 0% 0.6%
Asian 6.2% 5.6%
Hawaiian 0% 0.2%
Multiracial 1.4% 2.8%
Hispanic 2.4% 18.2%
Other 0.1% 0.3%

HOUSEHOLD INCOME

HOUSEHOLD INCOME Germantown USA
Less than $10,000 3.2% 5.8%
$10,000 to $14,999 0.8% 4.1%
$15,000 to $24,999 2.3% 8.5%
$25,000 to $34,999 4.4% 8.6%
$35,000 to $49,999 5.9% 12.0%
$50,000 to $74,999 12.4% 17.2%
$75,000 to $99,999 9.8% 12.8%
$100,000 to $149,999 22.9% 15.6%
$150,000 to $199,999 13.7% 7.1%

EDUCATION

Education Germantown USA
< 9th Grade 0% 5.0%
9-12th Grade 2% 7.0%
High School or GED 9% 27.0%
Other College 17% 20.0%
Associate's Degree 6% 9%
Bachelor's Degree 35% 20.0%
Master's Degree 20% 9.0%
Professional Degree 8% 2.0%
Doctorate Degree 3% 1.0%
Germantown is a city in Tennessee state in USA with a population of 39196 residents.. The poverty rate of Germantown is 2.4%, which is 83% lower than national average. The typical household in Germantown earns $123387 a year, compared to the national median of $67,500. Nearly 16.6% of households earn less than $50,000 a year compared to 39% national rate. The unemployment rate of Germantown remained 2.6%, which is 45% lower than national rate.

Cost of living in Germantown is 108, which is 8% higher than national average. In Germantown, only 66% of adults have a bachelor's degree and 23% have some college but no degree. Median home value in Germantown is $337600 , which is 47% higher than national average. While median income in Germantown remained $123387, which is 83% higher than national average. Not only are incomes low in the town, but it also has a high cost of living, meaning a dollar does not go as far as it might elsewhere.
Germantown Scorecard

Jobs90%

Housing90%

Affordability85%

Safety80%

Amenities90%

Diversity60%

Education95%

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