At a Glance
Median Income
$46,567
$23,614 per capita
Home Value
$74,700
Zillow: $80,751
Median Rent
$608/mo
19.9% of income on rent
Violent Crime
98/100K
294/100K property
Bachelor's Degree+
16.0%
82.4% high school+
Unemployment
11.1%
11.1% poverty rate
Obesity Rate
40.0%
16.5% 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+
2.7 / 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 11.1% (208% 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 $80,751. 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 98 violent crimes per 100,000 residents
, which is 74% below the national average of 380/100K.
Property crime is 294/100K.
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. Annual precipitation totals 22.3 inches.
Data Overview
People
Population2,231
Median Age42.9 yrs
Density996/mi²
Male / Female48% / 52%
Foreign Born10.4%
Veterans7.6%
Economy
C
Median Income$46,567
Per Capita$23,614
Unemployment11.1%
Poverty11.1%
County GDP$106M
Avg Weekly Wage$735
Housing
A+
Home Value$74,700
Rent$608
Ownership74.6%
Zillow$80,751
Housing Units1,098
Rent Burden19.9%
Crime
F
Violent98/100K
Property294/100K
Health
Obesity40.0%
Diabetes13.3%
Smoking16.5%
Heart Disease6.4%
Premature Death10,246/100K
Climate
Avg Temp61°F
Rain22.3 in/yr
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.
20.1% of the population has a disability.
10.4% of residents are foreign-born.
The county recorded 2 fatal vehicle crashes.