Memphis city: Median Household Income Trend
How Memphis city's median household income changed from 2017 to 2023, based on U.S. Census Bureau ACS 5-Year Estimates. The 2019 vintage reflects the pre-COVID peak; 2021 captures the immediate COVID-era disruption; 2022–2023 show the recovery.
2017
$38,230
2023
$51,211
Total change
+$12,981
% change
+34%
| Year | Median Household Income | Change |
|---|---|---|
| 2017 | $38,230 | — |
| 2019 | $41,228 | +$2,998 (7.8%) |
| 2020 | $41,864 | +$636 (1.5%) |
| 2021 | $43,981 | +$2,117 (5.1%) |
| 2022 | $48,090 | +$4,109 (9.3%) |
| 2023 | $51,211 | +$3,121 (6.5%) |