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Memphis, TN

Full City Profile · Tennessee · Shelby County County

3.0 /5.0
B Good
629,063 Population 2,171/sq mi density
$51,211 Median Income $32,314 per capita
$157,100 Home Value $142,870 Zillow
$1,123 Median Rent 32.9% income on rent
64°F Avg Temperature 293 sunny days/yr
1,901 Violent Crime/100K 6,128 property/100K
B
Overall
3.0 / 5.0
Good overall score based on economy, affordability, safety and education
C+
Economy
2.9 / 5.0
$51,211 median income, 5.3% unemployment
A+
Affordability
5.0 / 5.0
$157,100 home value, $1,123/mo rent
F
Safety
1.0 / 5.0
1,901 violent crimes/100K (400% above avg)
B
Education
3.3 / 5.0
28.2% bachelor's degree or higher

Memphis, TN

At a Glance

Median Income
$51,211
32% below
$32,314 per capita
Home Value
$157,100
44% below
Zillow: $142,870
Median Rent
$1,123/mo
3% below
32.9% of income on rent
Violent Crime
1,901/100K
400% above
6,128/100K property
Bachelor's Degree+
28.2%
16% below
87.4% high school+
Unemployment
5.3%
47% above
17.9% poverty rate
Obesity Rate
42.3%
32% above
20.2% smoking rate
Avg Temperature
64°F
293 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)

Income
68%
Home Value
56%
Rent
97%
Poverty
144%
Bachelor's
84%
Unemployment
147%
Crime
500%
Thin vertical line = U.S. national average (100%)

Is Memphis a Good Place to Live?

B
3.0 / 5.0 - Good
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 5.3% (47% 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 $142,870. 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 1,901 violent crimes per 100,000 residents , which is 400% above the national average of 380/100K. Property crime is 6,128/100K. The murder rate is 29.2/100K.

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 64°F (18°C). Winters average 48°F in January while summers reach 82°F in July. The area gets 293 sunny days per year. Annual precipitation totals 52.2 inches. Air quality is rated Good with a median AQI of 40.

Data Overview

People

Population629,063
Median Age34.3 yrs
Density2,171/mi²
Male / Female48% / 53%
Foreign Born13.6%
Veterans5.6%

Economy

C+
Median Income$51,211
Per Capita$32,314
Unemployment5.3%
Poverty17.9%
County GDP$88,404M
Avg Weekly Wage$1,375

Housing

A+
Home Value$157,100
Rent$1,123
Ownership46.0%
Zillow$142,870
Housing Units290,047
Rent Burden32.9%

Crime

F
Violent1,901/100K
Property6,128/100K
Murder29.2/100K
Assault1,426/100K
Burglary1,204/100K

Health

Obesity42.3%
Diabetes17.0%
Smoking20.2%
Heart Disease6.5%
Premature Death14,564/100K

Climate

Avg Temp64°F
Sunny Days293/yr
Rain52.2 in/yr
AQI40 (Good)
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.
13.7% of the population has a disability.
13.6% of residents are foreign-born.
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.