Somerville vs Memphis
| Somerville | Memphis | |
|---|---|---|
| Population | 3,385 | 630,027 |
| Median Household Income | $44,310 | $51,736 |
| Median Home Value | $312,900 | $169,000 |
| Median Gross Rent | $710/mo | $1,181/mo |
| Homeownership Rate | 55.5% | 44.9% |
| Unemployment Rate | 1.9% | 8.3% |
| Bachelor's Degree or Higher | 15.9% | 28.0% |
| Median Age | 38.0 | 34.2 |
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024.