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CITY

Memphis

Missouri · 1,762 residents (2025 est.) · 1.558 sq mi
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The short version

Memphis has notably lower household income than the US average, with a median household income of $55,125. Population has declined 14% since 2000. 20% of adults hold a bachelor's degree or higher, below the national rate of 36%. Median home value has roughly tripled since 2000, reaching $132,800.

At a glance
Lower income
below the US median
US median: $82,259
Mid-age
median age 37.8
US median: 38.9
Less educated
20% hold a bachelor's degree
US average: 36%
Less affordable
home values up 83%, inflation adjusted
US median home: $376,019
Section 01

Population & growth

Total population
1,782
−14%since 2000
from 2,061 in 2000
1990 – 2025
Population density
1,144 / sq mi
−14%since 2000
from 1,323 / sq mi in 2000
US average: 281
Median age
37.8
−12%since 2000
from 43.0 in 2000
US average: 38.9

PEP 2025 EST:1,762 residents (Census Bureau Vintage 2025, released March 2026)

Population, 1990 – 2024
2K2K2K2K2K1990201020202024Memphis
20242K
1990201020202024
Section 02

Income & economy

Median household income
$55,125
+23%inflation adjusted, since 2000
from $24,508 in 2000
US average: $82,259
1990 – 2024
Per capita income
$27,297
+68%since 2000
from $16,220 in 2000
US average: $44,673
Households earning $100K+
35.7%
+23.9 ptssince 2009
from 11.8% in 2009
US average: 53.3%
Poverty rate
12.2%
−5.5 ptssince 2000
from 17.6% in 2000
US average: 12.5%
Income inequality (Gini)
0.410
+2%since 2010
from 0.401 in 2010
US average: 0.476
Workforce by industry, 2024
Information20%
US avg: 10.8%
Retail trade8.5%
US avg: 9.9%
Finance & insurance7.8%
US avg: 5.9%
Agriculture, forestry, fishing7.5%
US avg: 1.6%
Construction7.5%
US avg: 1.2%
Wholesale trade6.1%
US avg: 6.9%
Education & health services4.4%
US avg: 0.9%
Professional, scientific, technical3.4%
US avg: 5.1%
Other services3.4%
US avg: 6.7%
Public administration2.3%
US avg: 4.8%
Transportation & warehousing1.1%
US avg: 2.2%
Arts, entertainment, food0.5%
US avg: 1.9%
Manufacturing0%
US avg: 0.4%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$132,800
+83%inflation adjusted, since 2000
from $39,900 in 2000
US average: $376,019
1990 – 2024
Median gross rent
$471
−18%inflation adjusted, since 2000
from $316 in 2000
US average: $1,442
Owner-occupied
71.8%
+1.2 ptssince 2000
from 70.6% in 2000
28.2% rent
Vacancy rate
29.4%
+8.5 ptssince 2009
from 20.9% in 2009
US average: 10.0%
Owner cost-burdened
12.0%
−5.2 ptssince 2009
from 17.2% in 2009
US average: 22.9%
Renter cost-burdened
24.3%
−4.8 ptssince 2009
from 29.1% in 2009
US average: 47.4%
Afford Score
2.4
+48%since 2000
from 1.6 in 2000
1990 – 2024
Gentrification Score
68
RELATED:See current rent listings in Memphis on RentDataNow
Section 04

Race & ethnicity

2000
White, non-Hispanic98.5%(2,030)
Black0%(0)
Hispanic / Latino0.5%(11)
Asian0.1%(3)
Other0%
Diversity Score1.7%(35)
2024
White, non-Hispanic94.9%(1,692)
Black0.3%(6)
Hispanic / Latino0.2%(3)
Asian0%(0)
Other4.5%(81)
Diversity Score12%(215)
Diversity Score
12
+608%since 2000
from 2 in 2000
1990 – 2024
Section 05

Education

Bachelor's degree or higher
20.3%
+9.5 ptssince 2000
from 10.7% in 2000
US average: 35.6%
High school or higher
86.9%
+7.3 ptssince 2000
from 79.6% in 2000
US average: 89.6%
Graduate degree
9.5%
+4.7 ptssince 2000
from 4.8% in 2000
US average: 14.0%
Section 06

Commute & transportation

Average commute
16.0 min
−4%since 2000
from 16.6 min in 2000
US average: 26.5
Drive alone to work
80.8%
+4.0 ptssince 2009
from 76.8% in 2009
US average: 68.9%
Carpooled to work
6.3%
−11.5 ptssince 2009
from 17.8% in 2009
US average: 8.5%
Public transit
0.0%
Unchangedsince 2009
from 0.0% in 2009
US average: 3.2%
Worked from home
9.9%
+5.7 ptssince 2009
from 4.1% in 2009
US average: 15.0%
Walked to work
1.3%
Unchangedsince 2009
from 1.3% in 2009
US average: 2.4%
Biked to work
0.0%
Unchangedsince 2009
from 0.0% in 2009
US average: 0.4%
No vehicle available
4.6%
−7.6 ptssince 2009
from 12.2% in 2009
US average: 8.3%
Section 07

Work & employment

Unemployment rate
0.6%
−4.9 ptssince 2011
from 5.5% in 2011
US average: 5.2%
Labor force participation
63.5%
+7.9 ptssince 2011
from 55.7% in 2011
US average: 63.5%
Self-employed
15.6%
−7.5 ptssince 2009
from 23.1% in 2009
US average: 13.1%
Management & professional
39.6%
−23.1 ptssince 2009
from 62.7% in 2009
US average: 42.5%
Section 08

People & community

Male
44.7%
+0.6 ptssince 2009
from 44.2% in 2009
Female
55.3%
−0.6 ptssince 2009
from 55.8% in 2009
Foreign born
0.0%
−0.6 ptssince 2009
from 0.6% in 2009
US average: 14.1%
Veterans
4.7%
−41.4 ptssince 2009
from 46.1% in 2009
US average: 6.2%
With a disability
20.1%
+0.4 ptssince 2012
from 19.7% in 2012
US average: 13.3%
Uninsured
15.0%
−68.1 ptssince 2013
from 83.1% in 2013
US average: 8.4%
Broadband at home
88.5%
+20.2 ptssince 2017
from 68.3% in 2017
US average: 91.0%
English only at home
98.8%
+0.5 ptssince 2016
from 98.4% in 2016
US average: 77.7%
Spanish at home
0.0%
−1.0 ptssince 2016
from 1.0% in 2016
US average: 13.6%
Drill deeper

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Head to head

Compare Memphis to nearby cities

MEMPHIS VS
Kirksville
Income$50,071−9%
Home value$153,900+16%
Population17,863+914%
SEE FULL COMPARISON →
MEMPHIS VS
Fairfield
Income$51,311−7%
Home value$156,000+17%
Population9,220+423%
SEE FULL COMPARISON →
MEMPHIS VS
Keokuk
Income$52,711−4%
Home value$104,300−21%
Population9,510+440%
SEE FULL COMPARISON →
MEMPHIS VS
Ottumwa
Income$61,103+11%
Home value$106,300−20%
Population25,319+1337%
SEE FULL COMPARISON →
Frequently asked

How many people live in Memphis, Missouri?

Memphis, Missouri has about 1,782 residents according to the 2024 American Community Survey.

What is the median household income in Memphis, Missouri?

The typical household in Memphis, Missouri earns about $55,125 a year. Half of households make more than that, and half make less.

Is Memphis, Missouri expensive?

In Memphis, Missouri, the median home is worth about $132,800, and the typical rent is about $471 a month.

How educated are people in Memphis, Missouri?

About 20.3% of adults age 25 and over in Memphis, Missouri hold a bachelor's degree or higher.

What is the poverty rate in Memphis, Missouri?

About 12.2% of people in Memphis, Missouri live below the federal poverty line.

Has Memphis, Missouri grown since 1990?

Yes, Memphis, Missouri has shrunk since 1990. The population has lost about 330 residents, a change of about -16 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 →