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CITY

Memphis

Texas · 1,969 residents (2025 est.) · 2.244 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 $47,639. Population has declined 12% since 2000. 20% of adults hold a bachelor's degree or higher, below the national rate of 36%. Median home value has more than doubled since 2000, reaching $77,300. Households here earn about 39% less than the Texas median.

At a glance
Lower income
below the US median
US median: $82,259
Mid-age
median age 40.6
US median: 38.9
Less educated
20% hold a bachelor's degree
US average: 36%
Less affordable
home values up 49%, inflation adjusted
US median home: $376,019
Section 01

Population & growth

Total population
2,174
−12%since 2000
from 2,479 in 2000
1990 – 2025
Population density
969 / sq mi
−12%since 2000
from 1,105 / sq mi in 2000
US average: 281
Median age
40.6
+2%since 2000
from 40.0 in 2000
US average: 38.9

PEP 2025 EST:1,969 residents (Census Bureau Vintage 2025, released March 2026)

Population, 1990 – 2024
2K2K2K2K3K1990201020202024Memphis
20242K
1990201020202024
Section 02

Income & economy

Median household income
$47,639
+13%inflation adjusted, since 2000
from $23,102 in 2000
US average: $82,259
1990 – 2024
Per capita income
$25,023
+81%since 2000
from $13,856 in 2000
US average: $44,673
Households earning $100K+
27.3%
+16.5 ptssince 2009
from 10.7% in 2009
US average: 53.3%
Poverty rate
17.3%
−6.6 ptssince 2000
from 23.9% in 2000
US average: 12.5%
Income inequality (Gini)
0.466
−10%since 2010
from 0.515 in 2010
US average: 0.476
Workforce by industry, 2024
Agriculture, forestry, fishing14.6%
US avg: 1.6%
Construction13.3%
US avg: 1.2%
Finance & insurance7%
US avg: 5.9%
Wholesale trade6.7%
US avg: 6.9%
Other services6.5%
US avg: 6.7%
Public administration6.5%
US avg: 4.8%
Information5.8%
US avg: 10.8%
Retail trade4.4%
US avg: 9.9%
Professional, scientific, technical4%
US avg: 5.1%
Education & health services3%
US avg: 0.9%
Manufacturing1.3%
US avg: 0.4%
Transportation & warehousing0.6%
US avg: 2.2%
Arts, entertainment, food0%
US avg: 1.9%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$77,300
+49%inflation adjusted, since 2000
from $28,400 in 2000
US average: $376,019
1990 – 2024
Median gross rent
$491
−16%inflation adjusted, since 2000
from $321 in 2000
US average: $1,442
Owner-occupied
72.8%
+1.1 ptssince 2000
from 71.7% in 2000
27.2% rent
Vacancy rate
18.1%
−3.6 ptssince 2009
from 21.7% in 2009
US average: 10.0%
Owner cost-burdened
6.6%
−13.1 ptssince 2009
from 19.7% in 2009
US average: 22.9%
Renter cost-burdened
21.3%
−21.0 ptssince 2009
from 42.4% in 2009
US average: 47.4%
Afford Score
1.6
+32%since 2000
from 1.2 in 2000
1990 – 2024
Gentrification Score
70
RELATED:See current rent listings in Memphis on RentDataNow
Section 04

Race & ethnicity

2000
White, non-Hispanic63.7%(1,579)
Black9%(222)
Hispanic / Latino26%(645)
Asian0%(1)
Other0%
Diversity Score63.2%(1,568)
2024
White, non-Hispanic50.8%(1,104)
Black4.8%(104)
Hispanic / Latino37.1%(807)
Asian0.6%(12)
Other6.8%(147)
Diversity Score74.7%(1,624)
Diversity Score
75
+18%since 2000
from 63 in 2000
1990 – 2024
Section 05

Education

Bachelor's degree or higher
20.5%
+11.4 ptssince 2000
from 9.1% in 2000
US average: 35.6%
High school or higher
82.2%
+19.3 ptssince 2000
from 62.9% in 2000
US average: 89.6%
Graduate degree
5.5%
+2.0 ptssince 2000
from 3.5% in 2000
US average: 14.0%
Section 06

Commute & transportation

Average commute
13.8 min
+6%since 2000
from 13.0 min in 2000
US average: 26.5
Drive alone to work
79.3%
+3.8 ptssince 2009
from 75.5% in 2009
US average: 68.9%
Carpooled to work
19.3%
+4.8 ptssince 2009
from 14.5% in 2009
US average: 8.5%
Public transit
0.0%
Unchangedsince 2009
from 0.0% in 2009
US average: 3.2%
Worked from home
1.4%
−3.0 ptssince 2009
from 4.4% in 2009
US average: 15.0%
Walked to work
0.0%
−2.1 ptssince 2009
from 2.1% 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
4.5%
−7.4 ptssince 2009
from 11.9% in 2009
US average: 8.3%
Section 07

Work & employment

Unemployment rate
10.3%
+1.1 ptssince 2011
from 9.2% in 2011
US average: 5.2%
Labor force participation
54.9%
−4.1 ptssince 2011
from 59.0% in 2011
US average: 63.5%
Self-employed
40.4%
+20.0 ptssince 2009
from 20.4% in 2009
US average: 13.1%
Management & professional
31.4%
−30.1 ptssince 2009
from 61.5% in 2009
US average: 42.5%
Section 08

People & community

Male
49.8%
+4.1 ptssince 2009
from 45.7% in 2009
Female
50.2%
−4.1 ptssince 2009
from 54.3% in 2009
Foreign born
9.3%
−0.3 ptssince 2009
from 9.7% in 2009
US average: 14.1%
Veterans
5.6%
−38.4 ptssince 2009
from 44.0% in 2009
US average: 6.2%
With a disability
19.1%
+5.8 ptssince 2012
from 13.3% in 2012
US average: 13.3%
Uninsured
15.4%
−66.4 ptssince 2013
from 81.8% in 2013
US average: 8.4%
Broadband at home
78.3%
+22.6 ptssince 2017
from 55.7% in 2017
US average: 91.0%
English only at home
72.7%
+0.9 ptssince 2016
from 71.8% in 2016
US average: 77.7%
Spanish at home
27.1%
+0.7 ptssince 2016
from 26.4% in 2016
US average: 13.6%
Drill deeper

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Head to head

Compare Memphis to nearby cities

MEMPHIS VS
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Home value$100,700+30%
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MEMPHIS VS
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MEMPHIS VS
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MEMPHIS VS
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Home value$150,400+95%
Population11,335+476%
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Frequently asked

How many people live in Memphis, Texas?

Memphis, Texas has about 2,174 residents according to the 2024 American Community Survey.

What is the median household income in Memphis, Texas?

The typical household in Memphis, Texas earns about $47,639 a year. Half of households make more than that, and half make less.

Is Memphis, Texas expensive?

In Memphis, Texas, the median home is worth about $77,300, and the typical rent is about $491 a month.

How educated are people in Memphis, Texas?

About 20.5% of adults age 25 and over in Memphis, Texas hold a bachelor's degree or higher.

What is the poverty rate in Memphis, Texas?

About 17.3% of people in Memphis, Texas live below the federal poverty line.

Has Memphis, Texas grown since 1990?

Yes, Memphis, Texas has shrunk since 1990. The population has lost about 277 residents, a change of about -11 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, Texas: demographics, income & housing data · CensusEasy