All Countries
Memphis, FL
Full City Profile · Florida · Manatee County County
2.9
/5.0
C+
Fair
10,626
Population
3,270/sq mi density
$71,967
Median Income
$32,281 per capita
$292,200
Home Value
$349,580 Zillow
$1,155
Median Rent
42.7% income on rent
75°F
Avg Temperature
330 sunny days/yr
867
Violent Crime/100K
3,436 property/100K
C+
Overall
2.9 / 5.0
Fair overall score based on economy, affordability, safety and education
B
Economy
3.4 / 5.0
$71,967 median income, 4.9% unemployment
A
Affordability
4.4 / 5.0
$292,200 home value, $1,155/mo rent
F
Safety
1.0 / 5.0
867 violent crimes/100K (128% above avg)
C+
Education
2.6 / 5.0
20.4% bachelor's degree or higher
Income Overview
Median Household Income
$71,967
4% below
US avg: $75,149
Per Capita Income
$32,281
17% below
US avg: $39,052
Unemployment Rate
4.9%
36% above
US avg: 3.6%
Poverty Rate
17.5%
41% above
US avg: 12.4%
Income Comparison: Memphis vs. U.S. Average
Each bar shows Memphis’s value as a percentage of the national average (100% line = U.S. avg)
Median Household
US: $75,149
$71,967
96%
Per Capita
US: $39,052
$32,281
83%
IRS Avg AGI
US: $72,000
$106,916
148%
Avg Weekly Wage
US: $1,432
$1,170
82%
Thin line = U.S. average (100%)
Employment & Commute
Avg Weekly Wage
$1,170
18% below US avg ($1,432)
Mean Commute Time
27 min
4% below US avg (28 min)
Work From Home
4.7%
69% below US avg (15.2%)
Drive Alone
81.0%
11% above US avg (73.2%)
Public Transit
0.0%
100% below US avg (5.0%)
County GDP
$26,348M
County-level GDP (BEA 2024)
How Residents Get to Work
Drive Alone
81%
Public Transit
0%
Work From Home
4.7%
Other
14.3%
Average commute time
27 minutes
US avg: 28 min
Business Landscape
Total Establishments
14,624
Restaurants
773
Healthcare
1,127
Retail
1,394
Manufacturing
303
Tax & Financial
IRS Avg Adjusted Gross Income
$106,916
48% above US avg ($72,000)
Avg Property Tax
$8,900
154% above US avg ($3,500)
Cost of Living Index
103.4
Above national average (100 = US avg)
Complete Economy Data
Income & Wages
| Median Household Income | $71,967 |
| Per Capita Income | $32,281 |
| IRS Avg Adjusted Gross Income | $106,916 |
| Avg Weekly Wage | $1,170 |
| County GDP | $26,348M |
Hardship Indicators
| Unemployment Rate | 4.9% |
| Poverty Rate | 17.5% |
| Gini Coefficient | 0.471 |
| Cost of Living Index | 103.4 |
Commute
| Mean Commute | 27 minutes |
| Drive Alone | 81.0% |
| Public Transit | 0.0% |
| Work From Home | 4.7% |
Businesses
| Total Establishments | 14,624 |
| Restaurants | 773 |
| Healthcare | 1,127 |
| Retail | 1,394 |
| Manufacturing | 303 |
Tax
| IRS Avg AGI | $106,916 |
| Avg Property Tax | $8,900 |