Memphis vs Ann Arbor
| Memphis | Ann Arbor | |
|---|---|---|
| Population | 1,150 | 122,216 |
| Median Household Income | $57,222 | $82,212 |
| Median Home Value | $213,300 | $453,400 |
| Median Gross Rent | $820/mo | $1,649/mo |
| Homeownership Rate | 67.6% | 45.5% |
| Unemployment Rate | 4.3% | 3.9% |
| Bachelor's Degree or Higher | 14.9% | 77.9% |
| Median Age | 45.7 | 27.7 |
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024.