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METRO AREA · 2020 ACS

Memphis Metro

Memphis, TN-MS-AR · 9 counties · 1,345,425 residents · 4,981.851 sq mi
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The short version

Memphis has lower-than-average household income, with a median household income of $54,700. Population has held roughly steady since 2000. Median home value has risen by half since 2000, reaching $159,902.

At a glance
Lower income
below the US median
US median: $66,278
Mid-age
median age 37.4
US median: 38.8
Average education
29% 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
1,345,425
+11%since 2000
from 1,213,230 in 2000
1990 – 2025
Population density
270 / sq mi
+11%since 2000
from 244 / sq mi in 2000
US average: 280
Median age
37.4
+13%since 2000
from 33.2 in 2000
US average: 38.8
Population, 1990 – 2024
1.0M1.1M1.2M1.3M1.4M1990201020202024Memphis
20241.3M
1990201020202024
Section 02

Income & economy

Median household income
$54,700
−8%inflation adjusted, since 2000
from $39,451 in 2000
US average: $66,278
1990 – 2024
Per capita income
$30,384
+52%since 2000
from $19,941 in 2000
US average: $35,364
Households earning $100K+
36.3%
+8.8 ptssince 2009
from 27.5% in 2009
US average: 43.9%
Poverty rate
17.3%
+1.6 ptssince 2000
from 15.7% in 2000
US average: 12.8%
Workforce by industry, 2020
Finance & insurance12.8%
US avg: 5.5%
Professional, scientific, technical12.2%
US avg: 4.7%
Information10.6%
US avg: 11.1%
Retail trade10.1%
US avg: 10%
Wholesale trade5.3%
US avg: 6.7%
Other services5.1%
US avg: 6.6%
Transportation & warehousing3.5%
US avg: 2.5%
Public administration3.4%
US avg: 4.7%
Arts, entertainment, food1.1%
US avg: 2%
Agriculture, forestry, fishing0.6%
US avg: 1.7%
Education & health services0.6%
US avg: 0.8%
Construction0.5%
US avg: 1.2%
Manufacturing0.1%
US avg: 0.5%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$159,902
+20%inflation adjusted, since 2000
from $88,866 in 2000
US average: $265,253
1990 – 2024
Median gross rent
$941
+14%inflation adjusted, since 2000
from $551 in 2000
US average: $1,124
Owner-occupied
59.4%
−6.8 ptssince 2000
from 66.2% in 2000
40.6% rent
Afford Score
2.9
+30%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-Hispanic51.9%(630,093)
Black43.3%(525,338)
Hispanic / Latino2.3%(28,485)
Asian1.3%(15,789)
Other0%
Diversity Score66.5%(806,304)
Segregation Score0%
2020
White, non-Hispanic41.4%(557,358)
Black45.5%(611,929)
Hispanic / Latino7.1%(95,093)
Asian2.4%(32,132)
Other2.2%(29,703)
Diversity Score75.5%(1,016,217)
Segregation Score56%(753,710)
Diversity Score
76
+14%since 2000
from 66 in 2000
1990 – 2024
Segregation Score
56
Section 05

Education

Bachelor's degree or higher
28.8%
+6.9 ptssince 2000
from 21.9% in 2000
US average: 32.9%
High school or higher
88.7%
+9.9 ptssince 2000
from 78.8% in 2000
US average: 88.5%
Graduate degree
11.3%
+3.7 ptssince 2000
from 7.5% in 2000
US average: 12.7%
Section 06

Commute & transportation

Average commute
24.5 min
+54%since 2000
from 16.0 min in 2000
US average: 26.9
Drive alone to work
83.8%
+1.4 ptssince 2009
from 82.4% in 2009
US average: 75.1%
No vehicle available
7.4%
−1.1 ptssince 2009
from 8.5% in 2009
US average: 8.4%
Section 07

Work & employment

Unemployment rate
6.8%
−3.9 ptssince 2011
from 10.7% in 2011
US average: 5.4%
Labor force participation
63.7%
−2.5 ptssince 2011
from 66.2% in 2011
US average: 63.4%
Management & professional
35.0%
−28.0 ptssince 2009
from 63.0% in 2009
US average: 39.3%
Section 08

People & community

Male
47.8%
−0.3 ptssince 2009
from 48.1% in 2009
Female
52.2%
+0.3 ptssince 2009
from 51.9% in 2009
Foreign born
5.3%
+0.7 ptssince 2009
from 4.6% in 2009
US average: 13.5%
Uninsured
10.9%
−73.5 ptssince 2013
from 84.4% in 2013
US average: 8.8%
In this metro

Principal cities

MemphisCENTRAL609,647
What's inside

9 component counties

Shelby CountyCENTRAL910,226DeSoto CountyCENTRAL197,918Tipton County62,287Crittenden CountyCENTRAL46,210Fayette County45,071Marshall County34,654Tate County28,725Tunica County8,819Benton County7,502
Drill deeper

Metros similar to Memphis

Birmingham
Pop 1,197,766
Louisville
Pop 1,402,509
Oklahoma City
Pop 1,512,813
Buffalo
Pop 1,155,653
Places similar to Memphis
Head to head

Compare Memphis side by side

MEMPHIS VS
Birmingham
Income$72,464+32%
Home value$241,872+51%
Population1,197,766−11%
SEE FULL COMPARISON →
MEMPHIS VS
Louisville
Income$75,127+37%
Home value$252,743+58%
Population1,402,509+5%
SEE FULL COMPARISON →
MEMPHIS VS
Oklahoma City
Income$72,641+33%
Home value$228,101+43%
Population1,512,813+13%
SEE FULL COMPARISON →
MEMPHIS VS
Buffalo
Income$72,257+32%
Home value$225,816+41%
Population1,155,653−14%
SEE FULL COMPARISON →
Frequently asked

How many people live in Memphis, TN-MS-AR?

Memphis, TN-MS-AR has about 1,345,425 residents according to the 2020 American Community Survey.

What is the median household income in Memphis, TN-MS-AR?

The typical household in Memphis, TN-MS-AR earns about $54,700 a year. Half of households make more than that, and half make less.

Is Memphis, TN-MS-AR expensive?

In Memphis, TN-MS-AR, the median home is worth about $159,902, and the typical rent is about $941 a month.

How educated are people in Memphis, TN-MS-AR?

About 28.8% of adults age 25 and over in Memphis, TN-MS-AR hold a bachelor's degree or higher.

What is the poverty rate in Memphis, TN-MS-AR?

About 17.3% of people in Memphis, TN-MS-AR live below the federal poverty line.

Has Memphis, TN-MS-AR grown since 1990?

Yes, Memphis, TN-MS-AR has grown since 1990. The population has added about 270,116 residents, a change of about 25 percent over that period.

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DATA: US CENSUS BUREAU ACS 5-YEAR + DECENNIAL CENSUS · METRO ROLLUP OF COMPONENT COUNTIES · UPDATED 2024

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