Memphis vs Independence
| Memphis | Independence | |
|---|---|---|
| Population | 1,862 | 122,218 |
| Median Household Income | $55,125 | $60,339 |
| Median Home Value | $132,800 | $172,900 |
| Median Gross Rent | $471/mo | $1,109/mo |
| Homeownership Rate | 71.8% | 60.9% |
| Unemployment Rate | 0.6% | 5.6% |
| Bachelor's Degree or Higher | 20.3% | 21.9% |
| Median Age | 37.8 | 39.0 |
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024.