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CITY

Memphis

Florida · 9,185 residents · 3.252 sq mi
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The short version

Memphis has roughly average household income, with a median household income of $74,839. Population has grown 26% since 2000. 22% of adults hold a bachelor's degree or higher, below the national rate of 36%. Median home value has more than tripled since 2000, reaching $313,800.

At a glance
Lower income
below the US median
US median: $82,259
Younger
median age 36.7
US median: 38.9
Less educated
22% hold a bachelor's degree
US average: 36%
Less affordable
home values up 135%, inflation adjusted
US median home: $376,019
Section 01

Population & growth

9,185
+26%since 2000
from 7,264 in 2000
1990 – 2024
2,824 / sq mi
+26%since 2000
from 2,234 / sq mi in 2000
US average: 281
36.7
+8%since 2000
from 33.9 in 2000
US average: 38.9
Population, 19902024
6K8K9K10K11K1990201020202024Memphis
20249K
1990201020202024
Section 02

Income & economy

$74,839
+26%inflation adjusted, since 2000
from $32,576 in 2000
US average: $82,259
1990 – 2024
$35,148
+138%since 2000
from $14,778 in 2000
US average: $44,673
Households earning $100K+
49.7%
+28.4 ptssince 2009
from 21.3% in 2009
US average: 53.3%
14.2%
−6.5 ptssince 2000
from 20.7% in 2000
US average: 12.5%
0.481
+7%since 2010
from 0.450 in 2010
US average: 0.476
Workforce by industry, 2024
Information13.4%
US avg: 10.8%
Wholesale trade8.3%
US avg: 6.9%
Finance & insurance7.5%
US avg: 5.9%
Professional, scientific, technical7.5%
US avg: 5.1%
Retail trade5.5%
US avg: 9.9%
Other services5.3%
US avg: 6.7%
Public administration3.1%
US avg: 4.8%
Agriculture, forestry, fishing1.6%
US avg: 1.6%
Construction1.2%
US avg: 1.2%
Manufacturing0.4%
US avg: 0.4%
Arts, entertainment, food0.2%
US avg: 1.9%
Transportation & warehousing0%
US avg: 2.2%
Education & health services0%
US avg: 0.9%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

$313,800
+135%inflation adjusted, since 2000
from $73,400 in 2000
US average: $376,019
1990 – 2024
$1,173
+18%inflation adjusted, since 2000
from $547 in 2000
US average: $1,442
81.2%
+6.4 ptssince 2000
from 74.8% in 2000
18.8% rent
23.3%
+8.7 ptssince 2009
from 14.5% in 2009
US average: 10.0%
21.1%
−15.0 ptssince 2009
from 36.2% in 2009
US average: 22.9%
56.2%
+6.4 ptssince 2009
from 49.8% in 2009
US average: 47.4%
4.2
+86%since 2000
from 2.3 in 2000
1990 – 2024
RELATED:See current rent listings in Memphis on RentDataNow
Section 04

Race & ethnicity

2000
White, non-Hispanic37.2%(2,699)
Black41.4%(3,007)
Hispanic / Latino20.1%(1,460)
Asian0.2%(15)
Other0%
Diversity Score80.3%(5,830)
2024
White, non-Hispanic35.4%(3,251)
Black28.6%(2,627)
Hispanic / Latino31.5%(2,894)
Asian1.2%(112)
Other3.3%(301)
Diversity Score86.6%(7,950)
87
+8%since 2000
from 80 in 2000
1990 – 2024
Section 05

Education

22.5%
+9.3 ptssince 2000
from 13.2% in 2000
US average: 35.6%
High school or higher
85.0%
+23.2 ptssince 2000
from 61.8% in 2000
US average: 89.6%
7.4%
+2.1 ptssince 2000
from 5.4% in 2000
US average: 14.0%
Section 06

Commute & transportation

26.9 min
+92%since 2000
from 14.0 min in 2000
US average: 26.5
79.3%
+8.4 ptssince 2009
from 70.9% in 2009
US average: 68.9%
9.6%
−11.0 ptssince 2009
from 20.5% in 2009
US average: 8.5%
0.0%
Unchangedsince 2009
from 0.0% in 2009
US average: 3.2%
6.4%
+5.2 ptssince 2009
from 1.2% in 2009
US average: 15.0%
1.2%
+1.0 ptssince 2009
from 0.1% in 2009
US average: 2.4%
2.4%
+1.2 ptssince 2009
from 1.2% in 2009
US average: 0.4%
7.2%
−0.6 ptssince 2009
from 7.8% in 2009
US average: 8.3%
Section 07

Work & employment

8.1%
−4.9 ptssince 2011
from 13.0% in 2011
US average: 5.2%
69.6%
+6.7 ptssince 2011
from 62.9% in 2011
US average: 63.5%
14.2%
+3.0 ptssince 2009
from 11.2% in 2009
US average: 13.1%
32.6%
−12.8 ptssince 2009
from 45.5% in 2009
US average: 42.5%
Section 08

People & community

51.4%
−0.3 ptssince 2009
from 51.7% in 2009
48.6%
+0.3 ptssince 2009
from 48.3% in 2009
16.0%
−1.4 ptssince 2009
from 17.4% in 2009
US average: 14.1%
11.6%
−42.3 ptssince 2009
from 53.9% in 2009
US average: 6.2%
21.6%
+8.3 ptssince 2012
from 13.3% in 2012
US average: 13.3%
12.4%
−54.2 ptssince 2013
from 66.6% in 2013
US average: 8.4%
86.9%
+26.7 ptssince 2017
from 60.2% in 2017
US average: 91.0%
77.7%
−2.8 ptssince 2016
from 80.5% in 2016
US average: 77.7%
20.2%
+1.9 ptssince 2016
from 18.3% in 2016
US average: 13.6%
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Frequently asked

How many people live in Memphis, Florida?

Memphis, Florida has about 9,185 residents according to the 2024 American Community Survey.

What is the median household income in Memphis, Florida?

The typical household in Memphis, Florida earns about $74,839 a year. Half of households make more than that, and half make less.

Is Memphis, Florida expensive?

In Memphis, Florida, the median home is worth about $313,800, and the typical rent is about $1,173 a month.

How educated are people in Memphis, Florida?

About 22.5% of adults age 25 and over in Memphis, Florida hold a bachelor's degree or higher.

What is the poverty rate in Memphis, Florida?

About 14.2% of people in Memphis, Florida live below the federal poverty line.

Has Memphis, Florida grown since 1990?

Yes, Memphis, Florida has grown since 1990. The population has added about 2,425 residents, a change of about 36 percent over that period.

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DATA: US CENSUS BUREAU ACS 5-YEAR + DECENNIAL CENSUS · UPDATED 2024

How we source and harmonize this data →