All Countries
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
Income Overview
Median Household Income
$46,567
38% below
US avg: $75,149
Per Capita Income
$23,614
40% below
US avg: $39,052
Unemployment Rate
5.8%
61% above
US avg: 3.6%
Poverty Rate
11.1%
10% below
US avg: 12.4%
Income Comparison: Memphis vs. U.S. Average
Each bar shows Memphis’s value as a percentage of the national average (100% line = U.S. avg)
Median Household
US: $75,149
$46,567
62%
Per Capita
US: $39,052
$23,614
60%
IRS Avg AGI
US: $72,000
$50,202
70%
Avg Weekly Wage
US: $1,432
$735
51%
Thin line = U.S. average (100%)
Employment & Commute
Avg Weekly Wage
$735
49% below US avg ($1,432)
Mean Commute Time
16 min
43% below US avg (28 min)
Work From Home
3.5%
77% below US avg (15.2%)
Drive Alone
76.7%
5% above US avg (73.2%)
Public Transit
0.0%
100% below US avg (5.0%)
County GDP
$106M
County-level GDP (BEA 2024)
How Residents Get to Work
Drive Alone
76.7%
Public Transit
0%
Work From Home
3.5%
Other
19.8%
Average commute time
16 minutes
US avg: 28 min
Business Landscape
Total Establishments
131
Restaurants
10
Healthcare
4
Retail
14
Tax & Financial
IRS Avg Adjusted Gross Income
$50,202
30% below US avg ($72,000)
Cost of Living Index
97.1
Below national average (100 = US avg)
Complete Economy Data
Income & Wages
| Median Household Income | $46,567 |
| Per Capita Income | $23,614 |
| IRS Avg Adjusted Gross Income | $50,202 |
| Avg Weekly Wage | $735 |
| County GDP | $106M |
Hardship Indicators
| Unemployment Rate | 5.8% |
| Poverty Rate | 11.1% |
| Gini Coefficient | 0.491 |
| Cost of Living Index | 97.1 |
Commute
| Mean Commute | 16 minutes |
| Drive Alone | 76.7% |
| Public Transit | 0.0% |
| Work From Home | 3.5% |
Businesses
| Total Establishments | 131 |
| Restaurants | 10 |
| Healthcare | 4 |
| Retail | 14 |
Tax
| IRS Avg AGI | $50,202 |