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Memphis, TN

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

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Community Insights

Amenity Score
78/100
highly walkable area
Leading Industries
Finance & Insurance · Information & Media · Professional Services
10% finance & insurance
Home Value Growth⬆
+8.5% over 2 years
Young Adults
35% of residents
well above average
Renters
54% of occupied units

People & Demographics

Total Population623,585
Households—
Under 18
21.0%
Age 18–34
35.0%
Age 35–64
28.0%
Age 65+
15.0%
Veterans
5.0%
Active Duty
0.0%

Housing & Living

Median Home Value$175,239
Median Gross Rent$1,203/mo
Owner Occupied
46.1%
Renter Occupied
53.9%
Detached Homes
—
Built Pre-1940
—

Economy & Income

Median Household Income$53,477
Poverty Rate—

Key Industries

Healthcare12.0%
Professional Services2.0%
Manufacturing0.0%
Retail9.0%
Education2.0%

Amenities & Transit

Transit Score76 / 100
Walkability / Amenities78 / 100
Commute < 15m
—
Commute 60m+
—

Education

High School Grad
—
Bachelor's Degree
19.0%
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 623,585. The community has a large population of young adults (18-34). 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 78/100 and a transit score of 76/100. This indicates it is a highly walkable area with excellent access to local businesses, restaurants, and daily errands.

Do more people rent or own homes in Memphis?›

The housing market in Memphis is predominantly driven by renters, with 46% of housing units being owner-occupied and 54% being renter-occupied.

What is the education level of residents in Memphis?›

In Memphis, approximately 19% 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.