Lexington vs Memphis
| Lexington | Memphis | |
|---|---|---|
| Population | 7,927 | 630,027 |
| Median Household Income | $49,057 | $51,736 |
| Median Home Value | $176,000 | $169,000 |
| Median Gross Rent | $720/mo | $1,181/mo |
| Homeownership Rate | 63.0% | 44.9% |
| Unemployment Rate | 8.3% | 8.3% |
| Bachelor's Degree or Higher | 16.5% | 28.0% |
| Median Age | 36.9 | 34.2 |
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024.