Memphis vs Richmond

A side-by-side comparison of Memphis and Richmond: population, income, housing, and more.

Memphis and Richmond are places in Michigan. This page compares them across population, income, housing, education, commuting, and how each has changed since 2019.

Richmond has the higher population (5,839 vs 1,107 in Memphis). Richmond has the higher median household income ($61,715 vs $60,884 in Memphis). Richmond has the higher median home value ($228,000 vs $190,400 in Memphis).

Population, income & housing

	Memphis	Richmond
Population	1,107	5,839
Median age	41.6 yrs	38.3 yrs
Median household income	$60,884	$61,715
Median home value	$190,400	$228,000
Median gross rent	$832	$870
Housing units	520	2,480
Homeownership rate	65.6%	75.3%
Bachelor's degree or higher	14.8%	20.6%
Unemployment rate	5.0%	8.4%

Trends (ACS 5-year, 2019–2023)

	Memphis	Richmond
Population	1,236 → 1,107 (-10.4%)	5,869 → 5,839 (-0.5%)
Median household income	$52,083 → $60,884 (+16.9%)	$57,885 → $61,715 (+6.6%)
Median home value	$126,800 → $190,400 (+50.2%)	$182,300 → $228,000 (+25.1%)
Median gross rent	$723 → $832 (+15.1%)	$682 → $870 (+27.6%)

Memphis

Population

1,2361,107

Median household income

$52,083$60,884

Median home value

$126,800$190,400

Median gross rent

$723$832

Richmond

Population

5,8695,839

Median household income

$57,885$61,715

Median home value

$182,300$228,000

Median gross rent

$682$870

Age & race/ethnicity

Age distribution (share)

	Memphis	Richmond
Under 5	5.1%	10.9%
5 to 17	15.2%	10.0%
18 to 24	8.5%	6.7%
25 to 34	12.4%	19.5%
35 to 44	10.4%	7.4%
45 to 54	16.0%	10.9%
55 to 64	15.9%	15.6%
65 to 74	11.5%	12.2%
75 and over	5.1%	6.7%

Race & ethnicity (share)

	Memphis	Richmond
White (non-Hispanic)	93.0%	80.3%
Black or African American	1.9%	2.2%
American Indian & Alaska Native	0.0%	0.0%
Asian	0.5%	0.0%
Native Hawaiian & Pacific Islander	0.0%	7.5%
Some other race	0.0%	0.0%
Two or more races	2.0%	2.5%
Hispanic or Latino	2.7%	7.4%

Educational attainment (age 25+)

Share of adults 25+

	Memphis	Richmond
No high school diploma	11.2%	18.4%
High school graduate	33.1%	31.2%
Some college or associate's	40.9%	29.8%
Bachelor's degree	10.1%	13.2%
Graduate or professional degree	4.7%	7.4%

Commute to work

How workers get to work (share)

	Memphis	Richmond
Drove alone	82.8%	76.0%
Carpooled	6.5%	14.4%
Public transit	0.0%	0.3%
Walked	5.3%	0.0%
Bicycle	1.2%	2.2%
Worked from home	4.2%	7.2%
Other means	0.0%	0.0%

Housing

Units in structure (share)

	Memphis	Richmond
1-unit, detached	63.3%	61.7%
1-unit, attached	0.6%	15.4%
2 to 4 units	2.7%	10.8%
5 to 19 units	23.5%	8.3%
20 or more units	7.5%	3.9%
Mobile home & other	2.5%	0.0%

Poverty & households

	Memphis	Richmond
Poverty rate	23.3%	23.4%
Average household size	2.28	2.34
Mean commute (minutes)	33	26
Median year structure built	1958	1985