Lakeland vs Memphis

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

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

Memphis has the higher population (629,063 vs 14,068 in Lakeland). Lakeland has the higher median household income ($113,843 vs $51,211 in Memphis). Lakeland has the higher median home value ($373,800 vs $157,100 in Memphis).

Population, income & housing

	Lakeland	Memphis
Population	14,068	629,063
Median age	39.5 yrs	34.3 yrs
Median household income	$113,843	$51,211
Median home value	$373,800	$157,100
Median gross rent	$1,611	$1,123
Housing units	5,270	292,290
Homeownership rate	80.2%	46.0%
Bachelor's degree or higher	55.7%	28.2%
Unemployment rate	2.7%	8.3%

Trends (ACS 5-year, 2019–2023)

	Lakeland	Memphis
Population	12,606 → 14,068 (+11.6%)	651,932 → 629,063 (-3.5%)
Median household income	$103,074 → $113,843 (+10.4%)	$41,228 → $51,211 (+24.2%)
Median home value	$257,400 → $373,800 (+45.2%)	$101,800 → $157,100 (+54.3%)
Median gross rent	$1,200 → $1,611 (+34.3%)	$901 → $1,123 (+24.6%)

Lakeland

Population

12,60614,068

Median household income

$103,074$113,843

Median home value

$257,400$373,800

Median gross rent

$1,200$1,611

Memphis

Population

651,932629,063

Median household income

$41,228$51,211

Median home value

$101,800$157,100

Median gross rent

$901$1,123

Age & race/ethnicity

Age distribution (share)

	Lakeland	Memphis
Under 5	6.1%	7.2%
5 to 17	21.8%	17.8%
18 to 24	7.6%	9.5%
25 to 34	7.6%	16.6%
35 to 44	15.9%	12.1%
45 to 54	16.0%	11.1%
55 to 64	9.8%	11.6%
65 to 74	10.1%	8.9%
75 and over	5.2%	5.2%

Race & ethnicity (share)

	Lakeland	Memphis
White (non-Hispanic)	76.5%	22.9%
Black or African American	11.8%	62.7%
American Indian & Alaska Native	0.0%	0.0%
Asian	5.0%	1.7%
Native Hawaiian & Pacific Islander	0.0%	0.0%
Some other race	0.3%	0.3%
Two or more races	2.3%	2.0%
Hispanic or Latino	4.1%	10.2%

Educational attainment (age 25+)

Share of adults 25+

	Lakeland	Memphis
No high school diploma	1.9%	12.6%
High school graduate	15.2%	30.6%
Some college or associate's	27.1%	28.6%
Bachelor's degree	32.3%	16.9%
Graduate or professional degree	23.5%	11.3%

Commute to work

How workers get to work (share)

	Lakeland	Memphis
Drove alone	80.2%	77.8%
Carpooled	6.1%	10.0%
Public transit	0.0%	0.8%
Walked	0.0%	1.7%
Bicycle	0.0%	0.2%
Worked from home	13.1%	8.0%
Other means	0.5%	1.5%

Housing

Units in structure (share)

	Lakeland	Memphis
1-unit, detached	87.1%	60.3%
1-unit, attached	0.9%	5.2%
2 to 4 units	0.2%	8.5%
5 to 19 units	9.4%	16.6%
20 or more units	1.1%	8.3%
Mobile home & other	1.3%	1.1%

Poverty & households

	Lakeland	Memphis
Poverty rate	2.4%	22.5%
Average household size	2.68	2.42
Mean commute (minutes)	27	21
Median year structure built	1998	1970