Median Household Income
$74,839 ± $12,493
Median Home Value
$313,800 ± $26,516
Median Gross Rent
$1,173 ± $204/mo
Per Capita Income
$35,148
Poverty Rate
14.2%
Unemployment Rate
7.9%
Homeownership Rate
81.2%
Bachelor's Degree or Higher
22.5%
Median Age
36.7
Average Commute
25 min
Households
3,190
Veterans
790
Population Over Time
Memphis grew 5.3% from 2014 to 2024.
2014
8,722
2016
7,878
2018
8,788
2020
10,702
2022
10,923
2024
9,185
Population by Race & Ethnicity
White
44.4%
Hispanic or Latino
31.5%
Black or African American
28.6%
Asian
1.2%
Nearby Cities in Florida
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024. Estimates carry a margin of error (shown as ±) inherent to ACS's sample-based methodology.