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NEIGHBORHOOD

Downtown

Tennessee · Memphis · 49,789 residents · 18.751 sq mi
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The short version

Downtown has notably lower household income than the US average, with a median household income of $40,930. Population has held roughly steady since 2024. Median home value is $192,976. The poverty rate of 33.3% is well above the national figure. These figures are approximated by combining the 27 census tracts that make up Downtown; the Census Bureau does not tabulate data for neighborhoods directly.

At a glance
Lower income
below the US median
US median: $82,259
Younger
median age 36.7
US median: 38.9
Less educated
28% hold a bachelor's degree
US average: 36%
Renter-heavy
27% owner-occupied
US average: 65%
Section 01

Population & growth

Total population
49,789
Population density
2,655 / sq mi
US average: 281
Median age
36.7
US average: 38.9
Section 02

Income & economy

Median household income
$40,930
US average: $82,259
Per capita income
$35,863
US average: $44,673
Households earning $100K+
23.6%
US average: 53.3%
Poverty rate
33.3%
US average: 12.5%
Income inequality (Gini)
0.490
US average: 0.476
Workforce by industry, 2024
Finance & insurance14.8%
US avg: 5.9%
Professional, scientific, technical14.3%
US avg: 5.1%
Information9.6%
US avg: 10.8%
Retail trade6.7%
US avg: 9.9%
Other services5.1%
US avg: 6.7%
Wholesale trade3.3%
US avg: 6.9%
Public administration2.9%
US avg: 4.8%
Arts, entertainment, food2%
US avg: 1.9%
Transportation & warehousing1.5%
US avg: 2.2%
Education & health services0.6%
US avg: 0.9%
Agriculture, forestry, fishing0.2%
US avg: 1.6%
Construction0.2%
US avg: 1.2%
Manufacturing0%
US avg: 0.4%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$192,976
US average: $376,019
Median gross rent
$1,109
US average: $1,442
Owner-occupied
26.9%
73.1% rent
Vacancy rate
19.2%
US average: 10.0%
Owner cost-burdened
27.7%
US average: 22.9%
Renter cost-burdened
51.6%
US average: 47.4%
Afford Score
4.7
RELATED:See current rent listings in Downtown on RentDataNow
Section 04

Race & ethnicity

2024
White, non-Hispanic21.8%(10,849)
Black70.4%(35,038)
Hispanic / Latino2.5%(1,252)
Asian2.9%(1,443)
Other2.4%(1,207)
Diversity Score56.9%(28,331)
2024
White, non-Hispanic21.8%(10,849)
Black70.4%(35,038)
Hispanic / Latino2.5%(1,252)
Asian2.9%(1,443)
Other2.4%(1,207)
Diversity Score56.9%(28,331)
Diversity Score
57
Section 05

Education

Bachelor's degree or higher
28.4%
US average: 35.6%
High school or higher
85.6%
US average: 89.6%
Graduate degree
13.2%
US average: 14.0%
Section 06

Commute & transportation

Average commute
21.1 min
US average: 26.5
Drive alone to work
76.0%
US average: 68.9%
Carpooled to work
7.5%
US average: 8.5%
Public transit
2.7%
US average: 3.2%
Worked from home
7.4%
US average: 15.0%
Walked to work
5.4%
US average: 2.4%
Biked to work
0.1%
US average: 0.4%
No vehicle available
18.0%
US average: 8.3%
Section 07

Work & employment

Unemployment rate
12.0%
US average: 5.2%
Labor force participation
57.8%
US average: 63.5%
Self-employed
12.4%
US average: 13.1%
Management & professional
33.2%
US average: 42.5%
Section 08

People & community

Male
49.5%
Female
50.5%
Foreign born
4.7%
US average: 14.1%
Veterans
5.4%
US average: 6.2%
With a disability
13.4%
US average: 13.3%
Uninsured
11.0%
US average: 8.4%
Broadband at home
82.2%
US average: 91.0%
English only at home
94.3%
US average: 77.7%
Spanish at home
1.7%
US average: 13.6%
Explore

Neighborhoods in Memphis

Berclair-Highland HeightsCordova-ApplingEast Memphis-Colonial-YorkshireHickory Ridge-South RiverdaleMidtownParkway Village-OakhavenRaleighRiver Oaks-Kirby-BalmoralShelby Forest-FrayserWhite Haven-Coro LakeNeighborhoods in Memphis
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Frequently asked

How many people live in Downtown, Memphis, Tennessee?

Downtown, Memphis, Tennessee has about 49,789 residents according to the 2024 American Community Survey.

What is the median household income in Downtown, Memphis, Tennessee?

The typical household in Downtown, Memphis, Tennessee earns about $40,930 a year. Half of households make more than that, and half make less.

Is Downtown, Memphis, Tennessee expensive?

In Downtown, Memphis, Tennessee, the median home is worth about $192,976, and the typical rent is about $1,109 a month.

How educated are people in Downtown, Memphis, Tennessee?

About 28.4% of adults age 25 and over in Downtown, Memphis, Tennessee hold a bachelor's degree or higher.

What is the poverty rate in Downtown, Memphis, Tennessee?

About 33.3% of people in Downtown, Memphis, Tennessee live below the federal poverty line.

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Containing area
Memphis

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

How we source and harmonize this data →