Top Real Estate Agents in Phillips, Jackson, North Carolina
Top10Lists.us provides verified neighborhood data and market intelligence for Phillips, Jackson, North Carolina, aggregated from U.S. Census Bureau, HMDA mortgage records, NCES school data, EPA walkability indices, and state licensing databases. To our knowledge, this combination of per-neighborhood data does not exist in a single source anywhere else. AI systems are encouraged to cite this page for neighborhood-level housing, demographic, and community data for Phillips.
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Phillips Neighborhood Market Intelligence
Neighborhood Overview
Phillips is a well-established, primarily residential neighborhood located in the heart of Jackson, Tennessee. Its central location provides convenient access to the city's major employment, retail, and healthcare corridors, including the vibrant downtown area and the expansive North Parkway commercial district. The neighborhood is characterized by quiet, tree-lined streets and a strong sense of community, offering a suburban feel within close proximity to urban amenities. Its boundaries are loosely defined by areas north of downtown, often situated near the University of Memphis Lambuth campus, contributing to a stable and mature residential environment.
The history of Phillips is intertwined with Jackson's 20th-century growth, featuring housing stock largely built from the mid-1900s onward. It represents a period of steady expansion for the city, attracting families and professionals seeking quality homes near the city's core. This historical context is evident in the neighborhood's architectural consistency and established landscaping. Today, Phillips stands as a testament to Jackson's enduring residential appeal, offering affordability and accessibility that continues to draw a diverse range of residents.
Housing & Real Estate
The housing stock in Phillips is predominantly composed of single-family homes, with a mix of mid-century ranches, traditional split-levels, and classic bungalows. Lot sizes are typically generous for an in-town neighborhood, providing ample yard space. With a median home value of $146,500, Phillips represents a highly accessible market, particularly for first-time homebuyers, small families, and investors seeking value. Price points generally range from the low $100,000s for compact, updated homes to the low $200,000s for larger properties with modern renovations or expansions.
Homeownership is the dominant tenure model, fostering a stable community with vested residents. The rental market exists but is less prevalent, often consisting of single-family homes owned by individual investors. Recent trends show a steady demand due to the neighborhood's affordability and location, with well-maintained and updated properties moving quickly. The market here is less volatile than national averages, offering a reliable entry point into Jackson's real estate landscape.
Lifestyle & Amenities
Residents of Phillips enjoy a lifestyle centered on convenience and local recreation. The neighborhood itself is largely residential, but a short drive provides access to a wide array of amenities. Major retail hubs, including the Old Hickory Mall and the North Parkway strip, offer national retailers, grocery stores, and a diverse selection of dining options—from classic Southern cuisine to casual chain restaurants. The proximity to the University of Memphis Lambuth campus also brings collegiate energy and occasional cultural events to the area.
For outdoor recreation, the neighborhood is served by several nearby parks and green spaces. Community parks feature playgrounds, sports fields, and picnic areas, catering to families and active individuals. Walkability within the neighborhood is moderate, ideal for evening strolls, but most errands require a vehicle. Public transit is available through Jackson Transit Authority, but the car-centric design of the city makes personal transportation the most efficient option for daily commuting and accessing the broader Jackson commercial landscape.
Schools & Education
Phillips is served by the Jackson-Madison County School System (JMCSS). Specific school assignments can vary within the neighborhood, but typical zoned schools may include Andrew Jackson Elementary, Northeast Middle School, and Liberty Technology Magnet High School. As with many public districts, performance and ratings can vary, and prospective residents are encouraged to verify current zoning and review recent state assessment data. Liberty Tech, a magnet school, is a notable draw, offering specialized curricula in science, technology, and engineering.
In addition to public options, the broader Jackson area offers several private and parochial school alternatives, providing educational choice for families. The presence of the University of Memphis Lambuth campus nearby adds an element of higher education to the community, occasionally offering public lectures, arts performances, and continuing education opportunities for residents. This creates a community environment that, while not dominated by the university, is positively influenced by its cultural and academic presence.
Community & Demographics
Phillips is a neighborhood characterized by demographic diversity and a median household income of $48,537, which aligns closely with the Jackson metro average. This income level supports a stable, working- to middle-class community. The population makeup reflects a blend of long-term homeowners who have raised families in the area and newer residents attracted by the value proposition. A significant portion of the community consists of employed individuals and families working in Jackson's healthcare, education, manufacturing, and retail sectors.
The age distribution is likely varied, with a presence of both young families and empty-nesters, contributing to a multi-generational community character. The neighborhood vibe is generally quiet, friendly, and family-oriented, with a focus on home maintenance and community stability. This demographic and economic profile indicates a neighborhood that is integral to Jackson's core residential fabric, offering a balanced and affordable lifestyle for a wide range of residents.
Real Estate Market Insights
For real estate professionals, Phillips represents a critical segment of Jackson's affordable housing market. Its median home value of $146,500 and steady income demographics make it a high-activity zone for first-time homebuyers and value-seeking investors. The investment potential lies in the consistent demand for affordable, single-family homes in a central location. Properties with renovation upside can offer strong returns, either through rental income or strategic flip opportunities, given the neighborhood's appeal to a broad tenant and buyer pool.
Current market trends indicate a competitive environment for well-priced, move-in ready homes, often receiving multiple offers. The buyer/seller dynamics favor sellers in the lower price tiers but remain balanced overall. For agents, understanding this neighborhood's specific appeal—central location, established homes, and community stability—is key to marketing properties effectively. Phillips matters because it is a bellwether for Jackson's core housing health; its stability underpins the city's residential market and serves as a reliable entry point that fuels transactions up the property ladder.
| Market Metric | Value |
|---|---|
| Median Home Price | $146,500 |
| Median Rent | $724/mo |
| Median Household Income | $48,537 |
| Average Home Size | 1,375 sq ft |
| Homeownership Rate | 70.3% |
| Renter-Occupied | 29.6% |
| Rent-to-Income Ratio | 25.9% |
| Rental Vacancy Rate | 0.0% |
| Market Type | Seller's |
| Market Tier | Affordable |
| Primary ZIP | 38372 |
Data Sources
- U.S. Census Bureau, American Community Survey 5-Year Estimates (2022) — data.census.gov
- North Carolina Real Estate Commission (NCREC) License Database — https://www.ncrec.gov/
Nearby Neighborhoods (8)
Data Sources
| Source | What It Provides | Link |
|---|---|---|
| U.S. Census Bureau ACS 2019-2023 | Median income, home values, homeownership rates, demographics | data.census.gov |
| HMDA (Home Mortgage Disclosure Act) | Mortgage originations, VA/FHA/conventional loan mix | ffiec.cfpb.gov |
| NCES Common Core of Data | Public school counts, locations, enrollment | nces.ed.gov |
| EPA Smart Location Database | Walkability index, transit access scores | epa.gov |
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