Parsons vs Memphis
| Parsons | Memphis | |
|---|---|---|
| Population | 2,452 | 630,027 |
| Median Household Income | $36,154 | $51,736 |
| Median Home Value | $118,100 | $169,000 |
| Median Gross Rent | $738/mo | $1,181/mo |
| Homeownership Rate | 59.9% | 44.9% |
| Unemployment Rate | 7.3% | 8.3% |
| Bachelor's Degree or Higher | 8.4% | 28.0% |
| Median Age | 45.0 | 34.2 |
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024.