Median Household Income
$47,639 ± $15,516
Median Home Value
$77,300 ± $22,463
Median Gross Rent
$491 ± $138/mo
Per Capita Income
$25,023
Poverty Rate
17.3%
Unemployment Rate
10.3%
Homeownership Rate
72.8%
Bachelor's Degree or Higher
20.5%
Median Age
40.6
Average Commute
14 min
Households
898
Veterans
94
Population Over Time
Memphis grew 5.1% from 2014 to 2024.
2014
2,069
2016
2,318
2018
2,259
2020
2,267
2022
2,130
2024
2,174
Population by Race & Ethnicity
White
57.1%
Hispanic or Latino
37.1%
Black or African American
4.8%
Asian
0.6%
Nearby Cities in Texas
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.