Lenoir City vs Memphis
| Lenoir City | Memphis | |
|---|---|---|
| Population | 10,291 | 630,027 |
| Median Household Income | $67,259 | $51,736 |
| Median Home Value | $252,400 | $169,000 |
| Median Gross Rent | $932/mo | $1,181/mo |
| Homeownership Rate | 63.7% | 44.9% |
| Unemployment Rate | 5.1% | 8.3% |
| Bachelor's Degree or Higher | 19.3% | 28.0% |
| Median Age | 40.0 | 34.2 |
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024.