Life in Memphis research summary. HomeSnacks has been using Saturday Night Science to research the quality of life in Memphis over the past nine years using Census, FBI, Zillow, and other primary data sources. Based on the most recently available data, we found the following about life in Memphis:
The population in Memphis is 10,923.
The median home value in Memphis is $361,305.
The median income in Memphis is $70,049.
The cost of living in Memphis is 92 which is 0.9x lower than the national average.
The median rent in Memphis is $1,135.
The unemployment rate in Memphis is 8.1%.
The poverty rate in Memphis is 21.4%.
The average high in Memphis is 82.0° and the average low is 63.9°.
Cost of living in Memphis summary. We use data on the cost of living to determine how expensive it is to live in Memphis. Real estate prices drive most of the variance in cost of living around Florida. Key points include:
The cost of living in Memphis is 92 with 100 being average.
The cost of living in Memphis is 0.9x lower than the national average.
The median home value in Memphis is $361,305.
The median income in Memphis is $70,049.
Living Expense | Memphis | Florida | National Average | |
---|---|---|---|---|
Overall | 92 | 101 | 100 | |
Services | 99 | 98 | 100 | |
Groceries | 101 | 101 | 100 | |
Health | 103 | 96 | 100 | |
Housing | 73 | 108 | 100 | |
Transportation | 103 | 98 | 100 | |
Utilities | 100 | 100 | 100 |
The average high in Memphis is 82.0° and the average low is 63.9°.
There are 73.0 days of precipitation each year.
Expect an average of 55.3 inches of precipitation each year with 0.0 inches of snow.
Stat | Memphis |
---|---|
Average Annual High | 82.0 |
Average Annual Low | 63.9 |
Annual Precipitation Days | 73.0 |
Average Annual Precipitation | 55.3 |
Average Annual Snowfall | 0.0 |
The current population in Memphis is 10,923. The population has increased 27.8% from 2010.
Year | Population | % Change |
---|---|---|
2022 | 10,923 | 24.3% |
2021 | 8,788 | -1.5% |
2020 | 8,926 | 13.3% |
2019 | 7,878 | -3.4% |
2018 | 8,152 | -6.5% |
2017 | 8,722 | -4.8% |
2016 | 9,164 | 3.2% |
2015 | 8,879 | 2.4% |
2014 | 8,672 | 1.5% |
2013 | 8,544 | - |
33.5% White with 3,654 White residents.
32.9% African American with 3,589 African American residents.
0.0% American Indian with 0 American Indian residents.
0.6% Asian with 61 Asian residents.
0.0% Hawaiian with 0 Hawaiian residents.
0.0% Other with 0 Other residents.
4.1% Two Or More with 445 Two Or More residents.
29.1% Hispanic with 3,174 Hispanic residents.
Race | Memphis | FL | USA |
---|---|---|---|
White | 33.5% | 52.0% | 58.9% |
African American | 32.9% | 14.9% | 12.1% |
American Indian | 0.0% | 0.1% | 0.6% |
Asian | 0.6% | 2.8% | 5.7% |
Hawaiian | 0.0% | 0.1% | 0.2% |
Other | 0.0% | 0.5% | 0.4% |
Two Or More | 4.1% | 3.1% | 3.5% |
Hispanic | 29.1% | 26.5% | 18.7% |
Memphis is 47.1% female with 5,144 female residents.
Memphis is 52.9% male with 5,778 male residents.
Gender | Memphis | FL | USA |
---|---|---|---|
Female | 47.1% | 50.8% | 50.4% |
Male | 52.9% | 49.2% | 49.6% |
2.0% of adults in Memphis completed < 9th grade.
8.0% of adults in Memphis completed 9-12th grade.
42.0% of adults in Memphis completed high school / ged.
16.0% of adults in Memphis completed some college.
11.0% of adults in Memphis completed associate's degree.
12.0% of adults in Memphis completed bachelor's degree.
9.0% of adults in Memphis completed master's degree.
0.0% of adults in Memphis completed professional degree.
0.0% of adults in Memphis completed doctorate degree.
Education | Memphis | FL | USA |
---|---|---|---|
< 9th Grade | 2.0% | 6.0% | 4.0% |
9-12th Grade | 8.0% | 6.0% | 6.0% |
High School / GED | 42.0% | 28.0% | 26.0% |
Some College | 16.0% | 19.0% | 20.0% |
Associate's Degree | 11.0% | 10.0% | 9.0% |
Bachelor's Degree | 12.0% | 20.0% | 21.0% |
Master's Degree | 9.0% | 8.0% | 10.0% |
Professional Degree | 0.0% | 2.0% | 2.0% |
Doctorate Degree | 0.0% | 1.0% | 2.0% |
5.5% of households in Memphis earn Less than $10,000.
4.5% of households in Memphis earn $10,000 to $14,999.
10.0% of households in Memphis earn $15,000 to $24,999.
4.6% of households in Memphis earn $25,000 to $34,999.
10.1% of households in Memphis earn $35,000 to $49,999.
20.0% of households in Memphis earn $50,000 to $74,999.
14.0% of households in Memphis earn $75,000 to $99,999.
13.0% of households in Memphis earn $100,000 to $149,999.
13.5% of households in Memphis earn $150,000 to $199,999.
4.8% of households in Memphis earn $200,000 or more.
Income | Memphis | FL | USA |
---|---|---|---|
Less than $10,000 | 5.5% | 5.2% | 4.9% |
$10,000 to $14,999 | 4.5% | 3.7% | 3.8% |
$15,000 to $24,999 | 10.0% | 7.6% | 7.0% |
$25,000 to $34,999 | 4.6% | 8.3% | 7.4% |
$35,000 to $49,999 | 10.1% | 12.1% | 10.7% |
$50,000 to $74,999 | 20.0% | 17.6% | 16.1% |
$75,000 to $99,999 | 14.0% | 13.2% | 12.8% |
$100,000 to $149,999 | 13.0% | 16.0% | 17.1% |
$150,000 to $199,999 | 13.5% | 7.4% | 8.8% |
$200,000 or more | 4.8% | 9.0% | 11.4% |