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CITY · 2020 ACS

Memphis

Indiana · 1,077 residents · 2.598 sq mi
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The short version

Memphis is significantly wealthier than the US average, with a median household income of $91,875. The city has more than doubled in size since 2000, adding 677 residents. 21% of adults hold a bachelor's degree or higher, below the national rate of 33%. Median home value has more than doubled since 2000, reaching $178,000. At a median age of 33.5, residents skew younger than the country as a whole. Households here earn about 58% more than the Indiana median.

At a glance
Wealthier
above the US median
US median: $66,278
Younger
median age 33.5
US median: 38.8
Less educated
21% hold a bachelor's degree
US average: 33%
Less affordable
home values up 41%, inflation adjusted
US median home: $265,253
Section 01

Population & growth

Total population
1,077
+169%since 2000
from 400 in 2000
2000 – 2024
Population density
415 / sq mi
+169%since 2000
from 154 / sq mi in 2000
US average: 280
Median age
33.5
−14%since 2000
from 38.8 in 2000
US average: 38.8
Population, 2000 – 2024
3325357399421K2000201020202024Memphis
2024784
2000201020202024
Section 02

Income & economy

Median household income
$91,875
+71%inflation adjusted, since 2000
from $35,658 in 2000
US average: $66,278
2000 – 2024
Per capita income
$31,300
+56%since 2000
from $20,054 in 2000
US average: $35,364
Households earning $100K+
67.4%
+15.0 ptssince 2009
from 52.4% in 2009
US average: 43.9%
Poverty rate
5.4%
−0.5 ptssince 2000
from 5.9% in 2000
US average: 12.8%
Workforce by industry, 2020
Retail trade39.9%
US avg: 10%
Information10%
US avg: 11.1%
Wholesale trade7.2%
US avg: 6.7%
Finance & insurance3.6%
US avg: 5.5%
Professional, scientific, technical3.6%
US avg: 4.7%
Transportation & warehousing2%
US avg: 2.5%
Agriculture, forestry, fishing1.3%
US avg: 1.7%
Manufacturing1.3%
US avg: 0.5%
Construction0%
US avg: 1.2%
Education & health services0%
US avg: 0.8%
Arts, entertainment, food0%
US avg: 2%
Other services0%
US avg: 6.6%
Public administration0%
US avg: 4.7%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$178,000
+41%inflation adjusted, since 2000
from $83,800 in 2000
US average: $265,253
2000 – 2024
Median gross rent
$1,075
+27%inflation adjusted, since 2000
from $564 in 2000
US average: $1,124
Owner-occupied
91.7%
+10.8 ptssince 2000
from 80.9% in 2000
8.3% rent
Afford Score
1.9
−18%since 2000
from 2.4 in 2000
2000 – 2024
RELATED:See current rent listings in Memphis on RentDataNow
Section 04

Race & ethnicity

2000
White, non-Hispanic98.5%(394)
Black0%(0)
Hispanic / Latino0%(0)
Asian0%(0)
Other0%
Diversity Score0%(0)
2020
White, non-Hispanic92.4%(995)
Black1.2%(13)
Hispanic / Latino2.3%(25)
Asian0.3%(3)
Other0%(0)
Diversity Score9.6%(103)
Diversity Score
10
from 0 in 2000
2000 – 2024
Section 05

Education

Bachelor's degree or higher
21.2%
+18.8 ptssince 2000
from 2.3% in 2000
US average: 32.9%
High school or higher
93.5%
+19.8 ptssince 2000
from 73.7% in 2000
US average: 88.5%
Graduate degree
3.3%
+3.3 ptssince 2000
from 0.0% in 2000
US average: 12.7%
Section 06

Commute & transportation

Average commute
28.6 min
+115%since 2000
from 13.3 min in 2000
US average: 26.9
Drive alone to work
74.0%
−14.5 ptssince 2009
from 88.5% in 2009
US average: 75.1%
No vehicle available
0.0%
Unchangedsince 2009
from 0.0% in 2009
US average: 8.4%
Section 07

Work & employment

Unemployment rate
0.0%
−12.5 ptssince 2011
from 12.5% in 2011
US average: 5.4%
Labor force participation
83.3%
+17.1 ptssince 2011
from 66.2% in 2011
US average: 63.4%
Management & professional
28.3%
−37.0 ptssince 2009
from 65.3% in 2009
US average: 39.3%
Section 08

People & community

Male
54.0%
+8.9 ptssince 2009
from 45.1% in 2009
Female
46.0%
−8.9 ptssince 2009
from 54.9% in 2009
Foreign born
1.8%
+1.8 ptssince 2009
from 0.0% in 2009
US average: 13.5%
Uninsured
9.4%
−84.6 ptssince 2013
from 94.0% in 2013
US average: 8.8%
Drill deeper

Places similar to Memphis

Southport
Pop 873
Crescent Beach
Pop 809
Heritage Bay
Pop 802
Seville
Pop 1,014
Places similar to Memphis
Head to head

Compare Memphis to nearby cities

MEMPHIS VS
Sellersburg
Income$72,179−21%
Home value$231,500+30%
Population10,305+1214%
SEE FULL COMPARISON →
MEMPHIS VS
Charlestown
Income$77,288−16%
Home value$208,300+17%
Population8,802+1023%
SEE FULL COMPARISON →
MEMPHIS VS
Jeffersonville
Income$70,930−23%
Home value$216,800+22%
Population54,134+6805%
SEE FULL COMPARISON →
MEMPHIS VS
Clarksville
Income$60,467−34%
Home value$179,700+1%
Population22,253+2738%
SEE FULL COMPARISON →
Frequently asked

How many people live in Memphis, Indiana?

Memphis, Indiana has about 1,077 residents according to the 2020 American Community Survey.

What is the median household income in Memphis, Indiana?

The typical household in Memphis, Indiana earns about $91,875 a year. Half of households make more than that, and half make less.

Is Memphis, Indiana expensive?

In Memphis, Indiana, the median home is worth about $178,000, and the typical rent is about $1,075 a month.

How educated are people in Memphis, Indiana?

About 21.2% of adults age 25 and over in Memphis, Indiana hold a bachelor's degree or higher.

What is the poverty rate in Memphis, Indiana?

About 5.4% of people in Memphis, Indiana live below the federal poverty line.

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

How we source and harmonize this data →