Mount Carmel vs Memphis
| Mount Carmel | Memphis | |
|---|---|---|
| Population | 5,486 | 630,027 |
| Median Household Income | $68,866 | $51,736 |
| Median Home Value | $179,600 | $169,000 |
| Median Gross Rent | $643/mo | $1,181/mo |
| Homeownership Rate | 91.4% | 44.9% |
| Unemployment Rate | 7.4% | 8.3% |
| Bachelor's Degree or Higher | 13.9% | 28.0% |
| Median Age | 47.2 | 34.2 |
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024.