River Oaks-Kirby-Balmoral is home to 43,066 people in Memphis. That is roughly 80% ahead of the Memphis median. 52% of homes are owner-occupied. 46% of adults hold a bachelor's degree or higher. Density works out to 1,857 people per square mile. Getting to work takes 20 minutes on average. 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
Land area
23.2 sq mi
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%
BAR + DOT: THIS PLACE · TICK: 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%
Persons per household
2.32 people
US average: 2.54
Owner cost-burdened
18.3%
US average: 22.9%
Renter cost-burdened
38.6%
US average: 47.4%
Afford Score
3.6
Years of local income it takes to buy a local home, on a scale of about 0 to 15. Lower is more affordable.
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)
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 Score
81
Our index, 0 to 100. Higher means a more even mix of racial and ethnic groups.
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.
