Gray vs Memphis
| Gray | Memphis | |
|---|---|---|
| Population | 1,276 | 630,027 |
| Median Household Income | $69,947 | $51,736 |
| Median Home Value | $199,400 | $169,000 |
| Median Gross Rent | $1,028/mo | $1,181/mo |
| Homeownership Rate | 71.5% | 44.9% |
| Unemployment Rate | 0.0% | 8.3% |
| Bachelor's Degree or Higher | 36.8% | 28.0% |
| Median Age | 38.1 | 34.2 |
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024.