Census Bureau data for Memphis city from the American Community Survey. "Cities" in Census data include incorporated places, towns, villages, and census-designated places (CDPs) — all places where the Census collects community-level estimates.
Data: U.S. Census Bureau, ACS 5-Year Estimates, 2023 (released December 2024).
Quick Facts — Memphis city
- What is the median household income in Memphis city?
- The median household income in Memphis city is $51,211 (U.S. Census Bureau ACS 5-Year Estimates, 2023).
- What is the poverty rate in Memphis city?
- The poverty rate in Memphis city is 17.9% (U.S. Census Bureau ACS 2023).
- What is the median home value in Memphis city?
- $157,100 (U.S. Census Bureau ACS 2023).
- What is the average rent in Memphis city?
- The median gross rent in Memphis city is $1,123 per month (U.S. Census Bureau ACS 2023).
- What percentage of Memphis city residents have a college degree?
- 28.2% of adults in Memphis city hold a bachelor's degree or higher (U.S. Census Bureau ACS 2023).
Population
629,063
Median Income
$51,211
Median Home Value
$157,100
Poverty Rate
17.9%
Unemployment (ACS 2023)
8.3%
Median Age
34.0 yrs
Since 2019
Median Income:
+$9,983 (+24.2%)
Home Value:
+$55,300 (+54.3%)
Poverty Rate:
-2.0 pp (-10.1%)
Bachelor's+:
+2.0 pp (+7.6%)
Unemployment:
-0.4 pp (-4.6%)
Demographics
Total Population
629,063
Median Age
34.0
Female
52.5%
Race & Ethnicity
Hispanic or Latino 10.2%
White (non-Hisp.) 22.9%
Black 62.9%
Asian 1.7%
Two or More 4.6%
Other 5.1%
Asian Subgroups (% of total pop.)
Indian
0.4%
Vietnamese
0.4%
Chinese
0.3%
Filipino
0.2%
Korean
0.1%
Hispanic Subgroups (% of total pop.)
Mexican
5.7%
Puerto Rican
0.3%
Cuban
0.2%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Income & Poverty
Median Household Income
$51,211
±$1,111
-$15,886 vs. state
Per Capita Income
$79,335
Median Family Income
$62,740
Poverty Rate
17.9%
+8.0 pp vs. state
Child Poverty Rate
27.4%
Working-Age Poverty Rate
—
SNAP Recipients
20.4%
Social Security Income
—
Retirement Income
17.5%
Household Income Distribution
< $10k
8.7%
$10–15k
6.0%
$15–25k
9.9%
$25–35k
10.1%
$35–50k
14.4%
$50–75k
17.9%
$75–100k
10.9%
$100–150k
11.6%
$150–200k
4.6%
$200k+
5.9%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Housing
Total Housing Units
292,290
Owner-Occupied
46.0%
Renter-Occupied
54.0%
Vacancy Rate
12.9%
Median Home Value
$157,100
-$99,700 vs. state
Median Gross Rent
$1,123
Owner Cost Burden (30%+)
23.0%
Renter Cost Burden (30%+)
46.4%
Home Value Distribution
< $50k
8.7%
$50–100k
23.1%
$100–200k
16.4%
$200–300k
18.4%
$300–500k
13.3%
$500k–$1M
6.3%
$1M+
1.9%
Gross Rent Distribution
< $500
4.9%
$500–1k
32.5%
$1–1.5k
43.3%
$1.5–2k
15.2%
$2–2.5k
2.8%
$2.5–3.5k
0.7%
$3.5k+
0.6%
Vehicle Availability
No vehicle
10.3%
1 vehicle
44.1%
2 vehicles
31.3%
3+
14.3%
Housing Type
Single-fam. det.
60.3%
Single-fam. att.
5.2%
2–4 units
2.1%
5–19 units
9.8%
20+ units
8.3%
Mobile home
1.1%
Housing Age
Pre-1940
7.7%
1940–1969
7.7%
1970–1999
17.3%
2000–2009
6.5%
2010+
3.6%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Education
High School or Higher
87.4%
Bachelor's or Higher
28.2%
-2.2 pp vs. state
Graduate Degree
11.3%
Some College / Associate
22.5%
Less Than High School
4.8%
Enrolled in School
—
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Employment
Labor Force Participation
63.9%
Unemployment Rate
8.3%
+3.6 pp vs. state
Work from Home
8.0%
Self-Employed
5.3%
Government Workers
12.4%
Private For-Profit
82.0%
Industry
Edu/Health
22.0%
Transportation
14.6%
Prof. Services
11.0%
Retail
10.4%
Arts/Entmt.
9.3%
Manufacturing
9.0%
Construction
5.4%
Finance
5.1%
Public Admin
4.3%
Wholesale
2.5%
Information
1.3%
Agriculture
0.2%
Occupation
Management
32.6%
Sales
21.4%
Production
21.1%
Food Prep
17.8%
Construction
7.1%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Commute
Median Travel Time
21.3 min
Drove Alone
77.8%
Carpool
10.0%
Public Transit
0.8%
Work from Home
8.0%
Walked
1.7%
Bicycle
—
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Households & Families
Total Households
254,530
Avg. Household Size
2.00
Avg. Family Size
—
Married-Couple Households
26.8%
Single-Mother Households
—
Single-Father Households
—
Living Alone
—
Households with Children
9.3%
Multigenerational
—
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Age Distribution
Under 5
7.2%
5–9
7.0%
10–14
7.0%
15–19
6.2%
20–24
7.1%
25–34
16.6%
35–44
12.1%
45–54
11.1%
55–64
5.6%
65–74
6.0%
75–84
8.9%
85+
3.9%
Under 18: 25.0%
Working age (18–64): 75.0%
65 and over: 14.1%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Social Characteristics
Immigration
Foreign Born
7.4%
Naturalized Citizen
30.6%
Speaks English Less Than Very Well
5.1%
Foreign-Born Origin
Latin America
67.6%
Asia
17.4%
Africa
9.6%
Europe
4.5%
Veterans & Disability
Veteran
5.6%
With a Disability
13.6%
Cognitive Difficulty
—
Ambulatory Difficulty
—
Health Insurance
Insured
85.2%
Uninsured
14.8%
Employer Insurance
—
Medicaid
—
Medicare
—
Technology & Mobility
Broadband Internet
84.5%
Has a Computer
91.7%
Same House 1 Year Ago
86.2%
Moved from Abroad
0.6%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023