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Memphis, TX

Full City Profile · Texas · Hall County County

2.8 /5.0
C+ Fair
2,231 Population 996/sq mi density
$46,567 Median Income $23,614 per capita
$74,700 Home Value $70,095 Zillow
$608 Median Rent 19.9% income on rent
61°F Avg Temperature 326 sunny days/yr
137 Violent Crime/100K 1,097 property/100K
C+
Overall
2.8 / 5.0
Fair overall score based on economy, affordability, safety and education
B
Economy
3.1 / 5.0
$46,567 median income, 5.8% unemployment
A+
Affordability
5.0 / 5.0
$74,700 home value, $608/mo rent
F
Safety
1.0 / 5.0
137 violent crimes/100K
C
Education
2.3 / 5.0
16.0% bachelor's degree or higher

Memphis, TX

At a Glance

Median Income
$46,567
38% below
$23,614 per capita
Home Value
$74,700
74% below
Zillow: $70,095
Median Rent
$608/mo
48% below
19.9% of income on rent
Violent Crime
137/100K
64% below
1,097/100K property
Bachelor's Degree+
16.0%
53% below
82.4% high school+
Unemployment
5.8%
61% above
11.1% poverty rate
Obesity Rate
40.0%
25% above
16.5% smoking rate
Avg Temperature
61°F
326 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
62%
Home Value
26%
Rent
52%
Poverty
90%
Bachelor's
47%
Unemployment
161%
Crime
36%
Thin vertical line = U.S. national average (100%)

Is Memphis a Good Place to Live?

C+
2.8 / 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 $46,567 , which is 38% below the national average of $75,149. Per capita income is $23,614. The unemployment rate stands at 5.8% (61% above the U.S. rate of 3.6%). 11.1% of residents live below the poverty line. The area is home to 131 business establishments, including 10 restaurants.

Housing & Cost of Living

The median home value in Memphis is $74,700 , 74% below the national median of $281,900. Zillow estimates the typical home at $70,095. Median rent is $608/month, with 19.9% of renters spending more than 30% of income on housing. The cost of living index is 97.1 (100 = national average). The median home was built in 1957.

Safety & Crime

Memphis reports 137 violent crimes per 100,000 residents , which is 64% below the national average of 380/100K. Property crime is 1,097/100K. The murder rate is 0.0/100K.

Education

16.0% of adults in Memphis hold a bachelor's degree or higher (53% below the national average). 82.4% have completed high school. Local schools score 4.6/10 in standardized testing.

Climate & Weather

Memphis has an average annual temperature of 61°F (16°C). Winters average 39°F in January while summers reach 83°F in July. The area gets 326 sunny days per year. Annual precipitation totals 22.3 inches. Air quality is rated Good with a median AQI of 42.

Data Overview

People

Population2,231
Median Age42.9 yrs
Density996/mi²
Male / Female48% / 52%
Foreign Born13.6%
Veterans7.6%

Economy

B
Median Income$46,567
Per Capita$23,614
Unemployment5.8%
Poverty11.1%
County GDP$106M
Avg Weekly Wage$735

Housing

A+
Home Value$74,700
Rent$608
Ownership74.6%
Zillow$70,095
Housing Units1,098
Rent Burden19.9%

Crime

F
Violent137/100K
Property1,097/100K
Murder0.0/100K
Assault137/100K
Burglary549/100K

Health

Obesity40.0%
Diabetes13.3%
Smoking16.5%
Heart Disease6.4%
Premature Death10,246/100K

Climate

Avg Temp61°F
Sunny Days326/yr
Rain22.3 in/yr
AQI42 (Good)
Elevation2,072 ft

Education

C
Bachelor's+16.0%
High School+82.4%
Graduate+5.2%
School Score4.6/10

Community

2024 VoteR 86% / D 13%
Commute16 min
Broadband75.9%
Internet Speed15 Mbps
EV Stations3
Libraries1

Did You Know?

Memphis was founded in 1889.
The median home in Memphis was built in 1957.
The nearest airport is Altus/Quartz Mountain Regional (68 miles).
The Gini coefficient (income inequality) is 0.491 (U.S. avg: 0.490).
Natural hazard risk is rated "Very Low" by FEMA.
17.0% of the population has a disability.
13.6% of residents are foreign-born.
The county recorded 2 fatal vehicle crashes.