At a Glance
Median Income
$71,967
$32,281 per capita
Home Value
$292,200
Zillow: $349,580
Median Rent
$1,155/mo
42.7% of income on rent
Violent Crime
867/100K
3,436/100K property
Bachelor's Degree+
20.4%
88.1% high school+
Unemployment
4.9%
17.5% poverty rate
Obesity Rate
37.5%
15.0% smoking rate
Avg Temperature
75°F
330 sunny days/yr
How Memphis Compares to the U.S. Average
Each bar shows Memphis's value as a percentage of the national average (100% = U.S. avg)
Thin vertical line = U.S. national average (100%)
Is Memphis a Good Place to Live?
C+
2.9 / 5.0 — Fair
Based on economy, affordability, safety, and education metrics compared to national averages.
Economy & Jobs
Memphis residents earn a median household income of $71,967 , which is 4% below the national average of $75,149.
Per capita income is $32,281. The unemployment rate stands at 4.9% (36% above the U.S. rate of 3.6%). 17.5% of residents live below the poverty line. The area is home to 14,624 business establishments, including 773 restaurants.
Housing & Cost of Living
The median home value in Memphis is $292,200 , 4% above the national median of $281,900.
Zillow estimates the typical home at $349,580. Median rent is $1,155/month, with 42.7% of renters spending more than 30% of income on housing. The cost of living index is 103.4 (100 = national average). The median home was built in 1988.
Safety & Crime
Memphis reports 867 violent crimes per 100,000 residents
, which is 128% above the national average of 380/100K.
Property crime is 3,436/100K.
Education
20.4% of adults in Memphis hold a bachelor's degree or higher
(39% below the national average).
88.1% have completed high school. Local schools score 5.4/10 in standardized testing.
Climate & Weather
Memphis has an average annual temperature of 75°F (24°C).
Winters average 62°F in January while summers reach 84°F in July. The area gets 330 sunny days per year. Annual precipitation totals 52.5 inches. Air quality is rated Good with a median AQI of 41.
Data Overview
People
Population10,626
Median Age35.8 yrs
Density3,270/mi²
Male / Female52% / 48%
Foreign Born13.6%
Veterans11.2%
Economy
B
Median Income$71,967
Per Capita$32,281
Unemployment4.9%
Poverty17.5%
County GDP$26,348M
Avg Weekly Wage$1,170
Housing
A
Home Value$292,200
Rent$1,155
Ownership72.2%
Zillow$349,580
Housing Units4,065
Rent Burden42.7%
Crime
F
Violent867/100K
Property3,436/100K
Health
Obesity37.5%
Diabetes13.2%
Smoking15.0%
Heart Disease6.0%
Premature Death8,820/100K
Climate
Avg Temp75°F
Sunny Days330/yr
Rain52.5 in/yr
AQI41 (Good)
Elevation21 ft
Education
C+
Bachelor's+20.4%
High School+88.1%
Graduate+9.0%
School Score5.4/10
Community
2024 VoteR 61% / D 38%
Commute27 min
Broadband87.1%
Internet Speed142 Mbps
EV Stations13
Libraries7
Did You Know?
The median home in Memphis was built in 1988.
The nearest airport is Sarasota/Bradenton International (10 miles).
The Gini coefficient (income inequality) is 0.471 (U.S. avg: 0.490).
Natural hazard risk is rated "Relatively High" by FEMA.
17.5% of the population has a disability.
13.6% of residents are foreign-born.
Average internet download speed is 142 Mbps.
There are 773 restaurants in the area.
The county recorded 64 fatal vehicle crashes.
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