America's Most Dangerous City Sees Stunning 931% Surge In Millionaire Homeowners

Summary

America's Most Dangerous City Sees Stunning 931% Surge In Millionaire Homeowners Apparently, even the most dangerous big cities can attract millionaires. Memphis, Tennessee, the Southern city infamous for its violent crime problem, has experienced an explosion in wealthy homeowners, according to newly released housing data. Research released by RentCafe showed that the number of Memphis-area homeowner households earning at least $1 million annually surged 931% between 2020 and 2024 . That's a jump from just 52 households to 536 in four years. The increase puts Memphis among the nation's 20…

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