Get & compare mortgage quotes anonymously Start in My Home

Safe Rate Local

Memphis, IN

Comprehensive demographics, housing data, local amenities, and economic statistics for Memphis.

← Back to Memphis Hub

Community Insights

High Incomes
$133k/year
top 6% nationally
Leading Industries
Retail · Transportation · Professional Services
22% retail
Home Value Growth
+10.5% over 2 years
Family-Friendly
25% of residents
slightly above average
Homeowners
92% of occupied units

People & Demographics

Total Population1,117
Households
Under 18
25.0%
Age 18–34
26.0%
Age 35–64
35.0%
Age 65+
14.0%
Veterans
8.0%
Active Duty
0.0%

Housing & Living

Median Home Value$270,600
Median Gross Rent$875/mo
Owner Occupied
91.6%
Renter Occupied
8.4%
Detached Homes
Built Pre-1940

Economy & Income

Median Household Income$133,095
Poverty Rate

Key Industries

Healthcare7.0%
Professional Services2.0%
Manufacturing0.0%
Retail22.0%
Education1.0%

Amenities & Transit

Transit Score28 / 100
Walkability / Amenities33 / 100
Commute < 15m
Commute 60m+

Education

High School Grad
Bachelor's Degree
22.0%
Master's or Higher
10.0%
School Enrollment

Frequently Asked Questions

What is the population and demographic makeup of Memphis?

The total population of Memphis is approximately 1,117. The largest age group is 35-64 year olds. This demographic data is sourced from the U.S. Census Bureau.

Is Memphis walkable and transit-friendly?

Based on local geographic data, Memphis has an amenity and walkability score of 33/100 and a transit score of 28/100. This indicates the area is mostly car-dependent for daily errands and commuting.

Do more people rent or own homes in Memphis?

The housing market in Memphis is predominantly driven by homeowners, with 92% of housing units being owner-occupied and 8% being renter-occupied.

What is the education level of residents in Memphis?

In Memphis, approximately 22% of adult residents hold a bachelor's degree or higher. Additionally, 10% of the population holds a master's degree or higher. This indicates the local educational attainment compared to state and national averages.