Memphis vs Miami
| Memphis | Miami | |
|---|---|---|
| Population | 10,923 | 443,665 |
| Median Household Income | $74,839 | $62,462 |
| Median Home Value | $313,800 | $518,100 |
| Median Gross Rent | $1,173/mo | $1,758/mo |
| Homeownership Rate | 81.2% | 30.8% |
| Unemployment Rate | 7.9% | 5.2% |
| Bachelor's Degree or Higher | 22.5% | 37.4% |
| Median Age | 36.7 | 39.3 |
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024.