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Parkway Village-Oakhaven, Memphis,TN

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Parkway Village-Oakhaven is a charming neighborhood in southeast Memphis that offers a warm and welcoming atmosphere for those looking to settle down. Known for its friendly community vibes and tree-lined streets, the area provides a perfect blend of suburban comfort with easy access to urban amenities. Families and young professionals alike appreciate the peaceful environment, making it an ideal spot for anyone relocating to Memphis who wants a quieter pace without straying too far from the city’s excitement. Homebuyers will find a mix of well-maintained single-family homes and cozy ranch-style residences that fit a variety of tastes and budgets.

One of the standout attractions near Parkway Village-Oakhaven is the nearby T.O. Fuller State Park, a beloved outdoor retreat offering hiking trails, picnic areas, and even a golf course. This green space is a fantastic spot for weekend adventures and family outings. Additionally, the neighborhood benefits from its proximity to the lively commercial corridors filled with local shops, eateries, and grocery stores, making daily errands convenient and enjoyable. For those who appreciate community activities, several neighborhood parks and recreational facilities provide great opportunities to connect with neighbors and enjoy an active lifestyle.

Getting to Downtown Memphis from Parkway Village-Oakhaven is straightforward and convenient, typically taking around 15 to 20 minutes by car, depending on traffic. This accessibility allows residents to take full advantage of the cultural landmarks, music venues, and dining experiences downtown without a long commute. Whether you’re heading to Beale Street for a night out or visiting the Memphis Zoo or the National Civil Rights Museum, you’re never far from the city’s vibrant heart. Overall, Parkway Village-Oakhaven offers a balanced lifestyle that many newcomers to Memphis find highly appealing.

Community Snapshot

Population 39,046
Density (People/sqml.) 1,409
Median Age 32.0
Married Couples
31%
31% of the population of Parkway Village-Oakhaven aged 16 years and older are married.
Have Kids
29%
29% of the population aged 16 years or older have children.

About 31% of the Parkway Village-Oakhaven population aged 16 and older are married, which is notably lower than average. This could suggest a community with a younger, more transient population—perhaps made up of students, professionals, or renters. It may also reflect a neighborhood that attracts singles or couples without children, contributing to a more independent, urban lifestyle.

With only 29% of people over 16 having children, you can expect an easygoing environment that tends to attract residents seeking a quieter lifestyle. The atmosphere here leans more toward adult-oriented living. Without the constant rhythm of school schedules or kid-centered events, the community maintains a slower, more relaxed pace. This makes it especially appealing to singles, couples, and empty nesters who appreciate tranquil streets, and recreation on their own terms.

Age Breakdown

Parkway Village-Oakhaven neighborhood age breakdown chart

Exploring Parkway Village-Oakhaven demographics can reveal a lot about its character, pace, and overall lifestyle. Parkway Village-Oakhaven has a population of 39,046, which is larger than many other Memphis neighborhoods, creating a lively and dynamic atmosphere. Its size brings an abundance of amenities, entertainment options, and community activities, while still offering spaces to unwind and enjoy the neighborhood’s unique character.

With a lower than average population density of 1,409 people per square mile, Parkway Village-Oakhaven offers a more open and spacious environment compared to many other Memphis neighborhoods. This often means quieter streets, less congestion, and a relaxed atmosphere — all while still providing access to the amenities and conveniences of city living.

With a lower-than-average age of 32, you're likely to find a noticeably youthful energy and vibrant atmosphere. This younger population brings a dynamic mix of activity, innovation, and community involvement, shaping a neighborhood that feels lively, forward-thinking, and full of opportunity — making it an especially appealing choice for younger adults looking for an active and engaging community.

Crime in Parkway Village-Oakhaven

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Types of Crime

Parkway Village-Oakhaven neighborhood age breakdown chart

Parkway Village-Oakhaven Crime Map

The Parkway Village-Oakhaven crime map provides an in-depth look at crime rates throughout the community, using block group data to reveal both safer pockets and places with more frequent incidents. By visualizing these patterns, the crime map helps residents and newcomers alike better understand the dynamics of neighborhood safety. It’s worth noting that higher-crime areas on the map aren’t always indicative of danger — spots near busy commercial centers, transportation hubs, or popular attractions may naturally show more reports due to increased activity.

Housing

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Home Price $91,109
Median Rent $1,097
People/Household 2.9

Home Price Breakdown

Parkway Village-Oakhaven neighborhood home price breakdown chart

Rent vs Own

Rent 59% Own 41%

Year Moved In

Before 2010 77% After 2010 23%

Types of Homes in the Area

Market Trends

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Housing trends offer valuable insight into the accessibility and character of a neighborhood. In Parkway Village-Oakhaven, the median home price is $91,109, which is less than many surrounding areas. This affordability makes it an attractive option for first-time buyers, young families, or anyone looking to enter the housing market without a significant financial barrier. Looking at appreciation rates and past market trends in Parkway Village-Oakhaven can offer valuable insight into the neighborhood’s investment potential. Understanding how home values have changed over time helps buyers gauge future growth, assess long-term stability, and make more informed real estate decisions.

The median rent is around $1,097, which is on par with many comparable neighborhoods. This balanced pricing offers a mix of affordability and value, making it a practical choice for a wide range of renters.

Walkability & Lifestyle

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McDonald's
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Parks

Medal of Honor Park
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Medal of Honor Park
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Shops

Hop In
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Getwell Shell
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Getting Around

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Health & Safety

Medical Facilities

Delta Medical Center
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Health Care

Oakville Mental Health Center
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Safety

Fire Station # 9
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Top Neighborhood Schools

Name Category Grades Rating
Cromwell Elementary
4989 Cromwell Rd, Memphis, TN
Elementary School KG - 5 School Score
Oakhaven High
3125 Ladbrook Rd, Memphis, TN
High School 9 - 12 School Score
Memphis School Of Excellence
4921 Winchester Rd, Memphis, TN
High School 6 - 12 School Score
Sheffield Elementary
4290 Chuck Ave, Memphis, TN
Elementary School PK - 5 School Score
Sheffield High
4315 Sheffield Ave, Memphis, TN
High School 9 - 12 School Score
Oakhaven Elementary
3795 Bishops Bridge Rd, Memphis, TN
Elementary School PK - 5 School Score
Wooddale High
5151 Scottsdale, Memphis, TN
High School 9 - 12 School Score

Education Level Achieved

School ratings in Parkway Village-Oakhaven combine factors like student performance, graduation rates, and standardized test scores to provide a clear picture of overall educational quality. The use of NAEP (National Assessment of Educational Progress) scores adds valuable context by offering a consistent national benchmark to see how local schools compare on a broader scale. Additionally, understanding the overall education level achieved by residents in Parkway Village-Oakhaven can give insight into the community’s priorities and opportunities, helping families make more informed decisions about where to live and how well local schools may support long-term student success.

Economy

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Income Per Capita $20,881
Household Income $42,872
Unemployment 7.8%

Income Breakdown

Parkway Village-Oakhaven Income breakdown chart

Employment by Industry

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Local economic factors play a key role in shaping the character and accessibility of a neighborhood, influencing everything from lifestyle to opportunity. Household incomes in Parkway Village-Oakhaven average around $42,872, which is lower than average. This affordability contributes to a more accessible lifestyle, making it an appealing choice for first-time homeowners, young families, and those looking to enjoy the benefits of the area without a high price tag.

The employment landscape can reveal important details about the economic conditions of a neighborhood and the opportunities available to its residents. In Parkway Village-Oakhaven, the unemployment rate is 8%, which is higher than average. This elevated rate may point to a more competitive job market or transitional economic conditions, shaping the overall character and pace of the community.

Frequently Asked Questions

What types of homes are common?

Parkway Village-Oakhaven primarily features mid-20th century ranch-style homes and traditional single-family residences. Many homes have spacious yards and mature trees, reflecting the neighborhood’s established suburban character. You'll find a mix of brick and wood exteriors, with some properties updated to modern standards while others maintain their original charm.

Are there major highways or transit lines nearby?

Yes, Parkway Village-Oakhaven benefits from convenient access to major routes such as the I-240 loop, which provides quick connectivity to other parts of Memphis. Additionally, the neighborhood is serviced by Memphis Area Transit Authority (MATA) bus routes, making public transportation an option for residents commuting to downtown or other areas.

Are there any notable landmarks or historical sites?

While Parkway Village-Oakhaven itself is primarily residential, it is situated close to significant landmarks such as T.O. Fuller State Park, which offers hiking trails and picnic areas. Additionally, the nearby city of Memphis hosts famous historical sites like Graceland and the National Civil Rights Museum, accessible within a short drive from the neighborhood.

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