At a Glance
Median Income
$51,211
$32,314 per capita
Home Value
$157,100
Zillow: $145,335
Median Rent
$1,123/mo
32.9% of income on rent
Violent Crime
2,508/100K
6,966/100K property
Bachelor's Degree+
28.2%
87.4% high school+
Unemployment
8.3%
17.9% poverty rate
Obesity Rate
42.3%
20.2% smoking rate
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 $51,211 , which is 32% below the national average of $75,149.
Per capita income is $32,314. The unemployment rate stands at 8.3% (131% above the U.S. rate of 3.6%). 17.9% of residents live below the poverty line. The area is home to 24,468 business establishments, including 2,010 restaurants.
Housing & Cost of Living
The median home value in Memphis is $157,100 , 44% below the national median of $281,900.
Zillow estimates the typical home at $145,335. Median rent is $1,123/month, with 32.9% of renters spending more than 30% of income on housing. The cost of living index is 91.9 (100 = national average). The median home was built in 1970.
Safety & Crime
Memphis reports 2,508 violent crimes per 100,000 residents
, which is 560% above the national average of 380/100K.
Property crime is 6,966/100K. The murder rate is 40.9/100K.
Education
28.2% of adults in Memphis hold a bachelor's degree or higher
(16% below the national average).
87.4% have completed high school. Local schools score 4.3/10 in standardized testing.
Climate & Weather
Memphis has an average annual temperature of 63°F (17°C).
Winters average 42°F in January while summers reach 83°F in July. Annual precipitation totals 54.9 inches. Air quality is rated Moderate with a median AQI of 55.
Data Overview
People
Population629,063
Median Age34.3 yrs
Density2,171/mi²
Male / Female48% / 53%
Foreign Born7.4%
Veterans5.6%
Economy
C+
Median Income$51,211
Per Capita$32,314
Unemployment8.3%
Poverty17.9%
County GDP$88,404M
Avg Weekly Wage$1,375
Housing
A+
Home Value$157,100
Rent$1,123
Ownership46.0%
Zillow$145,335
Housing Units290,047
Rent Burden32.9%
Crime
F
Violent2,508/100K
Property6,966/100K
Murder40.9/100K
Assault2,045/100K
Burglary917/100K
Health
Obesity42.3%
Diabetes17.0%
Smoking20.2%
Heart Disease6.5%
Premature Death14,564/100K
Climate
Avg Temp63°F
Rain54.9 in/yr
AQI55 (Moderate)
Elevation315 ft
Education
B
Bachelor's+28.2%
High School+87.4%
Graduate+10.9%
School Score4.3/10
Community
2024 VoteR 36% / D 62%
Commute21 min
Broadband84.5%
Internet Speed151 Mbps
EV Stations78
Libraries24
Did You Know?
Memphis was founded in 1819.
The median home in Memphis was built in 1970.
The nearest airport is Memphis International (5 miles).
The Gini coefficient (income inequality) is 0.513 (U.S. avg: 0.490).
Natural hazard risk is rated "Relatively High" by FEMA.
13.6% of the population has a disability.
Average internet download speed is 151 Mbps.
There are 2,010 restaurants in the area.
The county recorded 225 fatal vehicle crashes.
182 declared natural disasters on record.