Cleveland vs Memphis
| Cleveland | Memphis | |
|---|---|---|
| Population | 47,725 | 630,027 |
| Median Household Income | $58,559 | $51,736 |
| Median Home Value | $272,200 | $169,000 |
| Median Gross Rent | $1,034/mo | $1,181/mo |
| Homeownership Rate | 48.0% | 44.9% |
| Unemployment Rate | 6.0% | 8.3% |
| Bachelor's Degree or Higher | 30.2% | 28.0% |
| Median Age | 36.4 | 34.2 |
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024.