Median Income
$49,598
34% lower than US avg
Home Value
$117,200
58% lower than US avg
Violent Crime
54/100K
86% lower than US avg
Bachelor's+
17.1%
49% lower than US avg
Median Rent
$491
58% lower than US avg
Obesity Rate
37.5%
17% higher than US avg
Unemployment
1.2%
67% lower than US avg
Poverty Rate
10.6%
15% lower than US avg
How Memphis Compares to the U.S. Average (100% = U.S. avg)
People
Population1,860
Median Age37.0 yrs
Density1,192/mi²
Male / Female44% / 56%
Largest GroupWhite 97%
Veterans4.6%
Economy
B+
Median Income$49,598
Per Capita$24,648
Unemployment1.2%
Poverty10.6%
Commute16 min
Housing
A+
Home Value$117,200
Rent$491
OwnershipN/A
Zillow$111,226
Housing Units911
Rent Burden20.0%
Crime
F
Violent54/100K
Property1,178/100K
Murder0.0/100K
Assault54/100K
Burglary214/100K
Health
Obesity37.5%
Uninsured9.6%
Smoking18.6%
Depression26.8%
Heart Disease5.9%
Climate
Avg Temp52°F (11°C)
AQI41 (Good)
Rain37.1 in/yr
Sunny Days269/yr
Elevation801 ft (244 m)
Education
C
Bachelor's+17.1%
High School+88.3%
Graduate+6.1%
School Score5.51
Community
2024 VoteR 77% / D 22%
Commute16 min
Broadband82.0%
Is Memphis a Good Place to Live?
Based on current data, Memphis receives an overall livability score of 3.0 out of 5.0, earning a grade of B. Key strengths include low unemployment, low crime rates, affordable housing, abundant sunshine. Areas to be aware of include below-average incomes. Memphis offers a solid quality of life with a good balance of affordability, safety, and opportunity.
Economy & Jobs
The median household income in Memphis is $49,598, 34% below the national average of $75,149. The job market is very strong with unemployment at just 1.2%. 10.6% of residents live in poverty, near the national average of 12.4%. Workers commute an average of 16 minutes, shorter than most U.S. cities.
Cost of Living & Housing
The median home value in Memphis is $117,200, 58% below the national median — offering relatively affordable homeownership. Renters pay a median of $491 per month, below the national average — a plus for affordability. At just 2.4x median income, home prices are very affordable relative to local earnings.
Safety & Crime
Memphis is a very safe community with a violent crime rate of 54 per 100,000 residents — well below the national average of 380. Property crime occurs at a rate of 1,178 per 100,000, 40% below the national average.
Education
17.1% of residents hold a bachelor's degree, below the national average of 33.7%. 88.3% have completed high school. Area schools have an average test score of 5.5/10.
Climate & Weather
Memphis experiences four distinct seasons with an average temperature of 52°F. Winters average 23°F in January while summers reach 77°F in July. With 269 sunny days per year, residents enjoy well above the national average of sunshine. Annual precipitation totals 37.1 inches. Air quality is rated Good with a median AQI of 41.
Memphis has a population of 1,860 with a density of 1,192 people per square mile, spread across 1.6 square miles. The median age is 37.0 years, 5% younger than the national median of 38.9. The gender split is 55.9% female and 44.1% male. The city is predominantly White (96.8%), with 1.7% Hispanic. English is the primary language spoken at home by 99% of residents. 4.6% of the population are veterans, below the national rate of 6.0%. 23.3% of residents have a disability (above the 13.0% national average). 88.7% have health insurance coverage.
Population
37.0yrs
Median Age
5% below US avg
Language Spoken at Home
| English Only | 99.0% |
| 26% above US avg |
| Spanish | 1.0% |
| 93% below US avg |
The median household income in Memphis is $49,598, which is 34% below the national average of $75,149. Per capita income is $24,648 (below the $39,052 national figure). The unemployment rate is 1.2% (below the 3.6% US average). 10.6% of residents live below the poverty line. The cost of living index is 90.8, below the national baseline of 100 — offering relatively affordable living. Workers commute an average of 16 minutes (shorter than the 28-minute US average). 7.1% of workers work from home (below the 15.2% national rate).
Income
| Median HH Income | $49,598 |
| 34% below US avg |
| Per Capita Income | $24,648 |
Employment & Poverty
| Unemployment | 1.2% |
| 67% below US avg |
| Poverty Rate | 10.6% |
| 15% below US avg |
Tax & Cost of Living
| |
| Cost of Living | 90.80 (100=avg) |
Commute & Transportation
| Commute Time | 16.1 min |
| Drive Alone | 84.2% |
| Public Transit | 0.0% |
| Work from Home | 7.1% |
The median home value in Memphis is $117,200, 58% below the national median of $281,900. Zillow estimates the typical home value at $111,226. Monthly rent averages $491 (58% below the national average of $1,163). Fair market rent ranges from $775 for a one-bedroom to $970 for a two-bedroom apartment. There are 911 total housing units in the city. The median year a home was built is 1963. 20.0% of renters spend 30% or more of their income on housing. The home price-to-income ratio is 2.4x, well within the affordable range.
Home Values
| Census Median | $117,200 |
| 58% below US avg |
| Zillow ZHVI | $111,226 |
Real Estate Market (Redfin)
Rental Costs
| Census Median Rent | $491 |
| 58% below US avg |
| Rent Burden | 20.0% |
HUD Fair Market Rent
| Studio | $732 |
| 1 Bedroom | $775 |
| 2 Bedrooms | $970 |
| 3 Bedrooms | $1,265 |
| 4 Bedrooms | $1,457 |
Ownership & Property
| Owner-Occupied | 71.8% |
| Housing Units | 911 |
| Median Year Built | 1963 |
Property Tax
In Memphis, 37.5% of adults are obese, above the national rate of 32.1%. 10.0% have diabetes. Heart disease affects 5.9% of residents. 32.4% have high blood pressure. 18.6% are current smokers (above the 14.0% national rate). 17.6% report binge drinking. 29.5% are physically inactive, above the national average. 26.8% report depression (above the 20.0% national average). 19.9% experience frequent mental distress. 9.6% of residents lack health insurance.
Health Metrics: Memphis vs U.S. Average (%)
Chronic Conditions
| Obesity | 37.5% |
| 17% above US avg |
| Diabetes | 10.0% |
| Heart Disease | 5.9% |
| High Blood Pressure | 32.4% |
| Asthma | 11.2% |
| COPD | 8.1% |
| Cancer | 7.6% |
| Stroke | 3.2% |
Behaviors & Mental Health
| Smoking | 18.6% |
| 33% above US avg |
| Binge Drinking | 17.6% |
| Physical Inactivity | 29.5% |
| Depression | 26.8% |
| Mental Distress | 19.9% |
| Physical Distress | 14.7% |
| Short Sleep | 37.4% |
Healthcare Access
| Insurance Rate | 88.7% |
| Uninsured | 9.6% |
| 12% above US avg |
| Checkup Rate | 75.7% |
| Dental Visits | 59.2% |
Food & Exercise
Memphis has a violent crime rate of 54 per 100,000 residents, 86% below the national average of 380. This breaks down to aggravated assault at 53.6 per 100,000, robbery at 0.0, rape at 0.0. The murder rate is 0.0 per 100,000 (below the national rate of 6.3). Property crime stands at 1,178 per 100,000, 40% below the U.S. average. This includes larceny/theft at 803, burglary at 214, vehicle theft at 161 per 100,000 residents. Overall, Memphis receives a safety grade of F.
Crime Rates: Memphis vs U.S. Average (per 100,000)
Violent Crime
| Total Violent | 53.6/100K |
| 86% below US avg |
| Murder | 0.0/100K |
| 100% below US avg |
| Rape | 0.0/100K |
| Robbery | 0.0/100K |
| Assault | 53.6/100K |
Property Crime
| Total Property | 1,178.4/100K |
| 40% below US avg |
| Burglary | 214.3/100K |
| Theft | 803.4/100K |
| Vehicle Theft | 160.7/100K |
| Arson | 0.0/100K |
Safety Score
| Safety Grade | F |
| Safety Score | 1.0 / 5.0 |
Memphis experiences four distinct seasons with an average annual temperature of 52°F (11°C). Winters average 23°F in January while summers reach 77°F in July. The area gets 269 sunny days per year, well above the U.S. average of 205 — making it one of the sunnier locations in the country. Annual precipitation totals 37.1 inches. The area receives 4.3 inches of snow annually. Air quality is rated Good with a median AQI of 41. The city sits at an elevation of 801 feet.
Temperature
23°F Jan (-5°C)
77°F Jul (25°C)
| Annual Average | 51.5°F |
| 5% below US avg |
| January Average | 23°F (-5°C) |
| July Average | 77°F (25°C) |
| Sunny Days | 269 days/yr |
Precipitation & Snow
| Annual Rainfall | 37.1 inches |
| 2% below US avg |
| Snowfall | 4.3 inches/yr |
Air Quality
| AQI Median | 41.0 |
| Rating | Good |
Geography
| Elevation | 801 ft (244 m) |
| Area | 1.6 sq mi (4.0 km²) |
| Population Density | 1,192/sq mi |
| Coordinates | 40.4578°N, 92.1713°W |
| Timezone | America/Chicago |
Monthly Weather
| Month |
Avg Temperature |
Precipitation |
Summary |
| January |
23°F (-5°C) |
1.4 in |
Coldest |
| February |
29°F (-2°C) |
1.1 in |
Driest |
| March |
40°F (5°C) |
2.6 in |
|
| April |
52°F (11°C) |
3.6 in |
|
| May |
62°F (17°C) |
4.2 in |
|
| June |
71°F (22°C) |
3.9 in |
|
| July |
77°F (25°C) |
4.5 in |
Warmest |
| August |
74°F (23°C) |
4.0 in |
|
| September |
66°F (19°C) |
4.6 in |
Wettest |
| October |
55°F (13°C) |
3.2 in |
|
| November |
41°F (5°C) |
2.3 in |
|
| December |
29°F (-2°C) |
1.9 in |
|
Memphis has a seasonal temperature swing of 54°F — from 23°F in January to 77°F in July. Total annual precipitation is 37.1 inches, with September being the wettest month (4.6") and February the driest (1.1").
Frequently Asked Questions About Memphis
What is the population of Memphis?
Memphis has a population of 1,860 residents and is located in Missouri. The population density is 1,192 people per square mile, spread across 1.6 square miles. The median age of residents is 37.0 years. The population is 55.9% female and 44.1% male.
Is Memphis expensive to live in?
Memphis is more affordable than the national average, with a cost of living index of 90.8 — below the baseline of 100. The median household income is $49,598, 34% below the national average of $75,149. The median home value is $117,200 (58% below the U.S. median). Renters pay a median of $491 per month, below the national average of $1,163. The home price-to-income ratio is 2.4x, indicating housing is reasonably affordable relative to local income levels.
Is Memphis safe?
Memphis is considered a very safe city with a violent crime rate of 54 per 100,000 residents, well below the national average of 380. Property crime occurs at a rate of 1,178 per 100,000 (below the national average). Overall, Memphis receives a safety grade of F based on combined crime data.
What is the weather like in Memphis?
Memphis has a four-season climate with an average annual temperature of 52°F (11°C). Winter temperatures average 23°F in January, while summers reach an average of 77°F in July. The area receives 269 sunny days per year, well above the national average of 205. Annual rainfall totals 37.1 inches, with 4.3 inches of snow. Air quality is rated Good with a median Air Quality Index (AQI) of 41.
How is the job market in Memphis?
The job market in Memphis is very strong, with unemployment at just 1.2% — well below the national rate of 3.6%. The average commute time is 16 minutes, and 7.1% of workers work from home.
How much does housing cost in Memphis?
The median home value in Memphis is $117,200. Zillow estimates the typical home value at $111,226. For renters, the median monthly rent is $491. Fair market rent is $775 for a 1-bedroom and $970 for a 2-bedroom apartment.
How are the schools in Memphis?
Schools in Memphis score 5.5 out of 10 on standardized testing, near the national average. 17.1% of adults in Memphis hold a bachelor's degree or higher, below the national average of 33.7%. 88.3% have completed high school. 6.1% hold a graduate or professional degree.
How healthy is Memphis?
The obesity rate in Memphis is 37.5% (above the national rate of 32.1%). 18.6% of adults are smokers. 29.5% are physically inactive. 26.8% of residents report depression. 9.6% lack health insurance.
What is transportation like in Memphis?
The average commute in Memphis is 16 minutes, shorter than the national average of 28 minutes. 84.2% of workers drive alone to work, and 7.1% work from home.
What are the demographics of Memphis?
The racial and ethnic makeup of Memphis is 96.8% White, 1.7% Hispanic or Latino. 99% of residents speak only English at home. 4.6% of the population are military veterans. 23.3% of residents have a disability. 88.7% have health insurance coverage.