Memphis

Population: 10,626
Median household income: $71,967
Median home value: $292,200

Memphis, a community in Manatee County, Florida, has 10,626 residents. The median household income of $71,967 is below the Manatee County median ($75,792).

Between 2019 and 2023, Memphis's population grew 10.1% from 9,647 to 10,626, while its median home value rose 86.1% from $157,000 to $292,200.

20.4% of adults 25 and older hold a bachelor's degree or higher. Owners occupy 72.2% of the area's occupied homes.

Demographics

ACS 2019–2023

Population: 10,626
Median age: 35.8 yrs
Median household income: $71,967
Median home value: $292,200
Median gross rent: $1,155
Housing units: 4,028
Homeownership rate: 72.2%
Bachelor's degree or higher: 20.4%
Unemployment rate: 7.8%

Trends

ACS 5-year · 2019–2023

Population

9,64710,626

Median household income

$48,393$71,967

Median home value

$157,000$292,200

Median gross rent

$1,032$1,155

Year	Population	Median household income	Median home value	Median gross rent
2019	9,647	$48,393	$157,000	$1,032
2020	10,702	$56,197	$170,100	$1,028
2021	11,012	$59,613	$182,500	$1,123
2022	10,923	$70,049	$268,700	$1,135
2023	10,626	$71,967	$292,200	$1,155

Each year is a US Census Bureau ACS 5-year estimate ending that year.

Age distribution

Under 54.5%

5 to 1722.0%

18 to 248.0%

25 to 3412.0%

35 to 4419.0%

45 to 546.9%

55 to 6412.8%

65 to 748.2%

75 and over6.5%

	Count	Share
Under 5	476	4.5%
5 to 17	2,339	22.0%
18 to 24	855	8.0%
25 to 34	1,272	12.0%
35 to 44	2,023	19.0%
45 to 54	737	6.9%
55 to 64	1,359	12.8%
65 to 74	876	8.2%
75 and over	689	6.5%

Race & ethnicity

	Count	Share
White (non-Hispanic)	3,338	31.4%
Black or African American	3,078	29.0%
American Indian & Alaska Native	0	0.0%
Asian	97	0.9%
Native Hawaiian & Pacific Islander	0	0.0%
Some other race	0	0.0%
Two or more races	352	3.3%
Hispanic or Latino (any race)	3,761	35.4%

Educational attainment (age 25+)

No high school diploma11.9%

High school graduate42.5%

Some college or associate's25.2%

Bachelor's degree11.9%

Graduate or professional degree8.5%

	Count	Share
No high school diploma	825	11.9%
High school graduate	2,956	42.5%
Some college or associate's	1,756	25.2%
Bachelor's degree	826	11.9%
Graduate or professional degree	593	8.5%

Commute to work

Mean travel time to work: 27 min

Drove alone81.0%

Carpooled12.3%

Public transit0.0%

Walked0.8%

Bicycle0.3%

Worked from home4.7%

Other means0.9%

How workers get to work

	Count	Share
Drove alone	3,621	81.0%
Carpooled	550	12.3%
Public transit	0	0.0%
Walked	35	0.8%
Bicycle	15	0.3%
Worked from home	211	4.7%
Other means	39	0.9%

Travel time

	Count	Share
Under 15 min	932	21.9%
15 to 29 min	1,465	34.4%
30 to 44 min	1,144	26.9%
45 to 59 min	491	11.5%
60+ min	228	5.4%

Households

Average household size: 3.17
Poverty rate: 23.0% (2,432 of 10,583)

	Count	Share
Family households	2,731	81.5%
Nonfamily households	621	18.5%

Housing

Median year structure built: 1988

Occupancy

	Count	Share
Occupied	3,352	83.2%
Vacant	676	16.8%

Tenure (of occupied units)

	Count	Share
Owner-occupied	2,419	72.2%
Renter-occupied	933	27.8%

1-unit, detached76.3%

1-unit, attached5.8%

2 to 4 units7.9%

5 to 19 units1.3%

20 or more units0.4%

Mobile home & other8.2%

Units in structure

	Count	Share
1-unit, detached	3,074	76.3%
1-unit, attached	234	5.8%
2 to 4 units	320	7.9%
5 to 19 units	51	1.3%
20 or more units	17	0.4%
Mobile home & other	332	8.2%

Geography

Place GEOID: 1244175
Type (LSAD): 57
Land area: 3.25 sq mi
Water area: 0.42 sq mi
Center point: 27.5450, -82.5559