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CITY · 2020 ACS

Memphis

Tennessee · 633,104 residents · 296.202 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 $41,864. Population has held roughly steady since 2000. Median home value is $107,100. The poverty rate of 24.6% is well above the national figure.

At a glance
Lower income
below the US median
US median: $66,278
Younger
median age 35.0
US median: 38.8
Less educated
27% hold a bachelor's degree
US average: 33%
Stable housing
home values roughly flat, inflation adjusted
US median home: $265,253
Section 01

Population & growth

Total population
633,104
−3%since 2000
from 650,100 in 2000
1990 – 2025
Population density
2,137 / sq mi
−3%since 2000
from 2,195 / sq mi in 2000
US average: 280
Median age
35.0
+10%since 2000
from 31.9 in 2000
US average: 38.8
Population, 1990 – 2024
603K624K645K665K686K1990201020202024Memphis
2024619K
1990201020202024
Section 02

Income & economy

Median household income
$41,864
−14%inflation adjusted, since 2000
from $32,285 in 2000
US average: $66,278
1990 – 2024
Per capita income
$26,704
+50%since 2000
from $17,838 in 2000
US average: $35,364
Households earning $100K+
25.8%
+6.0 ptssince 2009
from 19.9% in 2009
US average: 43.9%
Poverty rate
24.6%
+4.1 ptssince 2000
from 20.6% in 2000
US average: 12.8%
Workforce by industry, 2020
Finance & insurance14.2%
US avg: 5.5%
Professional, scientific, technical13.7%
US avg: 4.7%
Information10.5%
US avg: 11.1%
Retail trade9%
US avg: 10%
Other services5.1%
US avg: 6.6%
Wholesale trade4.7%
US avg: 6.7%
Public administration3.3%
US avg: 4.7%
Transportation & warehousing2.8%
US avg: 2.5%
Arts, entertainment, food1.3%
US avg: 2%
Education & health services0.5%
US avg: 0.8%
Agriculture, forestry, fishing0.1%
US avg: 1.7%
Construction0.1%
US avg: 1.2%
Manufacturing0%
US avg: 0.5%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$107,100
−1%inflation adjusted, since 2000
from $72,300 in 2000
US average: $265,253
1990 – 2024
Median gross rent
$915
+11%inflation adjusted, since 2000
from $548 in 2000
US average: $1,124
Owner-occupied
44.7%
−11.1 ptssince 2000
from 55.8% in 2000
55.3% rent
Afford Score
2.6
+14%since 2000
from 2.2 in 2000
1990 – 2024
RELATED:See current rent listings in Memphis on RentDataNow
Section 04

Race & ethnicity

2000
White, non-Hispanic33.3%(216,174)
Black61.2%(397,732)
Hispanic / Latino3%(19,317)
Asian1.4%(9,373)
Other0%
Diversity Score62.8%(408,442)
2020
White, non-Hispanic23.9%(151,581)
Black61.3%(387,964)
Hispanic / Latino9.8%(62,167)
Asian1.8%(11,503)
Other1.9%(11,882)
Diversity Score68.2%(431,623)
Diversity Score
68
+9%since 2000
from 63 in 2000
1990 – 2024
Section 05

Education

Bachelor's degree or higher
26.6%
+5.8 ptssince 2000
from 20.9% in 2000
US average: 32.9%
High school or higher
86.5%
+10.1 ptssince 2000
from 76.4% in 2000
US average: 88.5%
Graduate degree
10.7%
+3.0 ptssince 2000
from 7.7% in 2000
US average: 12.7%
Section 06

Commute & transportation

Average commute
21.7 min
+55%since 2000
from 14.0 min in 2000
US average: 26.9
Drive alone to work
81.6%
+1.7 ptssince 2009
from 79.9% in 2009
US average: 75.1%
No vehicle available
11.1%
−1.2 ptssince 2009
from 12.3% in 2009
US average: 8.4%
Section 07

Work & employment

Unemployment rate
8.6%
−4.4 ptssince 2011
from 13.0% in 2011
US average: 5.4%
Labor force participation
63.1%
−1.4 ptssince 2011
from 64.5% in 2011
US average: 63.4%
Management & professional
31.6%
−31.8 ptssince 2009
from 63.4% in 2009
US average: 39.3%
Section 08

People & community

Male
47.3%
−0.1 ptssince 2009
from 47.4% in 2009
Female
52.7%
+0.1 ptssince 2009
from 52.6% in 2009
Foreign born
6.0%
+0.5 ptssince 2009
from 5.6% in 2009
US average: 13.5%
Uninsured
13.6%
−67.4 ptssince 2013
from 81.0% in 2013
US average: 8.8%
Explore

Neighborhoods in Memphis

Berclair-Highland HeightsCordova-ApplingDowntownEast Memphis-Colonial-YorkshireHickory Ridge-South RiverdaleMidtownParkway Village-OakhavenRaleighRiver Oaks-Kirby-BalmoralShelby Forest-FrayserWhite Haven-Coro LakeNeighborhoods in Memphis
Drill deeper

Places similar to Memphis

Milwaukee
Pop 562,407
Tucson
Pop 548,371
El Paso
Pop 683,012
Baltimore
Pop 569,997
Places similar to Memphis
Head to head

Compare Memphis to nearby cities

MEMPHIS VS
Germantown
Income$149,920+258%
Home value$470,800+340%
Population40,001−93%
SEE FULL COMPARISON →
MEMPHIS VS
Southaven
Income$78,483+87%
Home value$236,300+121%
Population57,819−91%
SEE FULL COMPARISON →
MEMPHIS VS
Horn Lake
Income$53,311+27%
Home value$171,400+60%
Population26,741−96%
SEE FULL COMPARISON →
MEMPHIS VS
Bartlett
Income$102,070+144%
Home value$310,400+190%
Population56,416−91%
SEE FULL COMPARISON →
Frequently asked

How many people live in Memphis, Tennessee?

Memphis, Tennessee has about 633,104 residents according to the 2020 American Community Survey.

What is the median household income in Memphis, Tennessee?

The typical household in Memphis, Tennessee earns about $41,864 a year. Half of households make more than that, and half make less.

Is Memphis, Tennessee expensive?

In Memphis, Tennessee, the median home is worth about $107,100, and the typical rent is about $915 a month.

How educated are people in Memphis, Tennessee?

About 26.6% of adults age 25 and over in Memphis, Tennessee hold a bachelor's degree or higher.

What is the poverty rate in Memphis, Tennessee?

About 24.6% of people in Memphis, Tennessee live below the federal poverty line.

Has Memphis, Tennessee grown since 1990?

Yes, Memphis, Tennessee has grown since 1990. The population has added about 22,767 residents, a change of about 4 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 →

Memphis, Tennessee (2020): demographics, income & housing data · CensusEasy