New Market vs Memphis
| New Market | Memphis | |
|---|---|---|
| Population | 1,786 | 630,027 |
| Median Household Income | $72,321 | $51,736 |
| Median Home Value | $180,400 | $169,000 |
| Median Gross Rent | $943/mo | $1,181/mo |
| Homeownership Rate | 75.5% | 44.9% |
| Unemployment Rate | 3.4% | 8.3% |
| Bachelor's Degree or Higher | 27.4% | 28.0% |
| Median Age | 41.8 | 34.2 |
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024.