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NEIGHBORHOOD

River Oaks-Kirby-Balmoral

Tennessee · Memphis · 43,066 residents · 23.188 sq mi
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The short version

River Oaks-Kirby-Balmoral is wealthier than most US places, with a median household income of $92,978. Population has held roughly steady since 2024. 46% of adults hold a bachelor's degree or higher. Median home value is $338,143. Households here earn about 80% more than the Memphis median. These figures are approximated by combining the 12 census tracts that make up River Oaks-Kirby-Balmoral; the Census Bureau does not tabulate data for neighborhoods directly.

At a glance
Wealthier
above the US median
US median: $82,259
Mid-age
median age 38.7
US median: 38.9
More educated
46% hold a bachelor's degree
US average: 36%
Renter-heavy
52% owner-occupied
US average: 65%
Section 01

Population & growth

Total population
43,066
Population density
1,857 / sq mi
US average: 281
Median age
38.7
US average: 38.9
Section 02

Income & economy

Median household income
$92,978
US average: $82,259
Per capita income
$53,597
US average: $44,673
Households earning $100K+
55.1%
US average: 53.3%
Poverty rate
9.0%
US average: 12.5%
Income inequality (Gini)
0.399
US average: 0.476
Workforce by industry, 2024
Finance & insurance11.7%
US avg: 5.9%
Professional, scientific, technical11.6%
US avg: 5.1%
Retail trade9.2%
US avg: 9.9%
Information8.9%
US avg: 10.8%
Other services8%
US avg: 6.7%
Public administration4.3%
US avg: 4.8%
Wholesale trade3.5%
US avg: 6.9%
Transportation & warehousing2%
US avg: 2.2%
Arts, entertainment, food1.8%
US avg: 1.9%
Education & health services0.1%
US avg: 0.9%
Agriculture, forestry, fishing0.1%
US avg: 1.6%
Construction0.1%
US avg: 1.2%
Manufacturing0%
US avg: 0.4%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$338,143
US average: $376,019
Median gross rent
$1,460
US average: $1,442
Owner-occupied
52.0%
48.0% rent
Vacancy rate
5.7%
US average: 10.0%
Owner cost-burdened
18.3%
US average: 22.9%
Renter cost-burdened
38.6%
US average: 47.4%
Afford Score
3.6
RELATED:See current rent listings in River Oaks-Kirby-Balmoral on RentDataNow
Section 04

Race & ethnicity

2024
White, non-Hispanic42.2%(18,166)
Black40.5%(17,442)
Hispanic / Latino9.6%(4,134)
Asian3.5%(1,516)
Other4.2%(1,808)
Diversity Score80.7%(34,766)
2024
White, non-Hispanic42.2%(18,166)
Black40.5%(17,442)
Hispanic / Latino9.6%(4,134)
Asian3.5%(1,516)
Other4.2%(1,808)
Diversity Score80.7%(34,766)
Diversity Score
81
Section 05

Education

Bachelor's degree or higher
46.4%
US average: 35.6%
High school or higher
92.6%
US average: 89.6%
Graduate degree
20.7%
US average: 14.0%
Section 06

Commute & transportation

Average commute
20.4 min
US average: 26.5
Drive alone to work
77.6%
US average: 68.9%
Carpooled to work
6.1%
US average: 8.5%
Public transit
0.0%
US average: 3.2%
Worked from home
14.5%
US average: 15.0%
Walked to work
0.4%
US average: 2.4%
Biked to work
0.0%
US average: 0.4%
No vehicle available
3.8%
US average: 8.3%
Section 07

Work & employment

Unemployment rate
3.9%
US average: 5.2%
Labor force participation
68.0%
US average: 63.5%
Self-employed
14.9%
US average: 13.1%
Management & professional
48.6%
US average: 42.5%
Section 08

People & community

Male
50.6%
Female
49.4%
Foreign born
8.9%
US average: 14.1%
Veterans
7.1%
US average: 6.2%
With a disability
12.0%
US average: 13.3%
Uninsured
6.2%
US average: 8.4%
Broadband at home
97.1%
US average: 91.0%
English only at home
87.5%
US average: 77.7%
Spanish at home
7.2%
US average: 13.6%
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Frequently asked

How many people live in River Oaks-Kirby-Balmoral, Memphis, Tennessee?

River Oaks-Kirby-Balmoral, Memphis, Tennessee has about 43,066 residents according to the 2024 American Community Survey.

What is the median household income in River Oaks-Kirby-Balmoral, Memphis, Tennessee?

The typical household in River Oaks-Kirby-Balmoral, Memphis, Tennessee earns about $92,978 a year. Half of households make more than that, and half make less.

Is River Oaks-Kirby-Balmoral, Memphis, Tennessee expensive?

In River Oaks-Kirby-Balmoral, Memphis, Tennessee, the median home is worth about $338,143, and the typical rent is about $1,460 a month.

How educated are people in River Oaks-Kirby-Balmoral, Memphis, Tennessee?

About 46.4% of adults age 25 and over in River Oaks-Kirby-Balmoral, Memphis, Tennessee hold a bachelor's degree or higher.

What is the poverty rate in River Oaks-Kirby-Balmoral, Memphis, Tennessee?

About 9.0% of people in River Oaks-Kirby-Balmoral, Memphis, Tennessee live below the federal poverty line.

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Containing area
Memphis

DATA: US CENSUS BUREAU ACS 5-YEAR + DECENNIAL CENSUS · UPDATED 2024

How we source and harmonize this data →