Crime
With a lower than average crime rate per 100,000 people, this area could be considered a very safe place to live. Crime rates are based on both violent and property crimes.
Employment
The combination of higher than average median home income, income per capita and low unemployment rates results in a score that is well above average in the employment category.
Housing
This area has received high scores in the housing category. This could be due to a positive home affordability ratio, high appreciation rates or elevated home values.
Schools
High test scores, elevated graduation rates as well as the conveniently located elementary and high schools in this area have all contributed to the high score in the schools category.
Amenities
A majority of amenities are not ideally situated within a reasonable walking distance, which may lead residents to rely on a vehicle or public transportation.
Commute
Public transportation is not readily available in this area and the average commute time to work could also be longer than the national average.
Collierville, Tennessee is a medium-sized city with a population of 50,596 inhabitants. The majority of Collierville residents report their race to be White; this is followed by Black and Asian. If you are looking for a family friendly city, Collierville might be a good fit as 70% of the population over 15 years old are married, and 47% have kids who are 18 years old or younger. Long travel times to work can be one of the most frustrating things in the world - right behind housework! If you decide that living in Collierville is the right fit for you, your one way commute time will average 26 minutes, which is about average when compared to the national commute time of 26 minutes.
Without the right tools, moving to any new town can be very stressful and challenging. Living in Collierville, Tennessee could be a fulfilling experience for anyone who puts in the effort to do the research required. When searching for a new neighborhood, several key items should be considered. Safety is paramount, ensuring a secure environment for you and your family. Proximity to workplaces or schools reduces commuting time and enhances convenience. Access to amenities like parks, grocery stores and healthcare facilities contributes to a comfortable lifestyle. Reliable public transportation options promote easy mobility. A strong sense of community fosters social connections and a welcoming atmosphere. With useful information like cost of living, employment, housing and other key data points, finding the best places to live in Collierville and in the areas around Collierville is a much easier task.
Collierville, TN receives 75/100 for its livability score; this results in a ranking of #6 in Tennessee and #3,065 in the USA. Clearly, Collierville is doing something right, as this score ranks well above the average of most cities. There are nine total categories that generate the livability score. Collierville scores well for crime (A+), cost of living (B), education (B+) and housing (A+) On a more negative note, Collierville does not have favorable scores for the following: amenities (F). If we take a look at the data, we can find out why.
Feeling a sense of safety in the area that you live in is a must for most people. Low crime rates can have a positive impact on things like home prices, home appreciation rates and can help foster positive community dynamics and social cohesion. Collierville has a violent crime rate of 148 crimes per 100,000 residents which is far lower than the national average.
Unemployment rates can vary significantly among cities, impacting job prospects, wage levels and the overall economic health of an area. In Collierville, the unemployment rate stands at 1.87%, suggesting increased job opportunities and a heightened demand for workers. This scenario can lead to higher wages, as the demand for employees outpaces job availability. Importantly, a low unemployment rate often signifies a robust and flourishing local economy.
Finding affordable real estate and housing in Collierville can be tricky. Having said that, this area might be the place to get the best of both worlds. Based on factors like home/rental affordability and appreciation rates, this area has received an above average score in the housing category. A healthy real estate market can lead to wealth appreciation for property owners, as rising property values can contribute to homeowners' equity, financial stability and the ability to build long-term wealth.
There are many factors that go into deciding if an area is the right fit for your lifestyle. Certain “must haves” like low crime, great schools and nearby amenities are all at the top of most people's lists. But before even considering if those options are attainable, we'll need to know if the real estate in Collierville is actually affordable. Median real estate prices in Collierville come in at $332,900, which is 128% higher than the Tennessee average. The home price to income ratio compares the median home prices to the median household income. In Collierville, the home price to income ratio is 2.8, which is 9.7% lower than the Tennessee average.
| Statistic | Collierville | Tennessee | National |
| Average one way commute | 26min | 25min | 26min |
| Workers who drive to work | 84.5% | 83.6% | 76.4% |
| Workers who carpool | 6.1% | 9.2% | 9.3% |
| Workers who take public transit | 0.0% | 0.8% | 5.1% |
| Workers who bicycle | 0.0% | 0.1% | 0.6% |
| Workers who walk | 0.2% | 1.4% | 2.8% |
| Working from home | 7.9% | 3.9% | 4.6% |
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