Memphis

Population: 629,063
Median household income: $51,211
Median home value: $157,100

Memphis is a community in Shelby County, Tennessee, home to 629,063 residents. The median household income of $51,211 is below the Shelby County median ($62,337).

From 2019 to 2023, Memphis's population declined 3.5% from 651,932 to 629,063, while its median home value rose 54.3% from $101,800 to $157,100.

The typical home was built around 1970. 22.5% of residents live below the poverty line.

Demographics

ACS 2019–2023

Population: 629,063
Median age: 34.3 yrs
Median household income: $51,211
Median home value: $157,100
Median gross rent: $1,123
Housing units: 292,290
Homeownership rate: 46.0%
Bachelor's degree or higher: 28.2%
Unemployment rate: 8.3%

Trends

ACS 5-year · 2019–2023

Population

651,932629,063

Median household income

$41,228$51,211

Median home value

$101,800$157,100

Median gross rent

$901$1,123

Year	Population	Median household income	Median home value	Median gross rent
2019	651,932	$41,228	$101,800	$901
2020	650,910	$41,864	$107,100	$915
2021	634,139	$43,981	$113,700	$965
2022	630,027	$48,090	$139,600	$1,050
2023	629,063	$51,211	$157,100	$1,123

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

Age distribution

Under 57.2%

5 to 1717.8%

18 to 249.5%

25 to 3416.6%

35 to 4412.1%

45 to 5411.1%

55 to 6411.6%

65 to 748.9%

75 and over5.2%

	Count	Share
Under 5	45,573	7.2%
5 to 17	111,861	17.8%
18 to 24	59,570	9.5%
25 to 34	104,610	16.6%
35 to 44	75,943	12.1%
45 to 54	69,763	11.1%
55 to 64	72,811	11.6%
65 to 74	56,111	8.9%
75 and over	32,821	5.2%

Race & ethnicity

	Count	Share
White (non-Hispanic)	144,274	22.9%
Black or African American	394,321	62.7%
American Indian & Alaska Native	283	0.0%
Asian	10,870	1.7%
Native Hawaiian & Pacific Islander	234	0.0%
Some other race	2,170	0.3%
Two or more races	12,844	2.0%
Hispanic or Latino (any race)	64,067	10.2%

Educational attainment (age 25+)

No high school diploma12.6%

High school graduate30.6%

Some college or associate's28.6%

Bachelor's degree16.9%

Graduate or professional degree11.3%

	Count	Share
No high school diploma	51,922	12.6%
High school graduate	126,100	30.6%
Some college or associate's	117,930	28.6%
Bachelor's degree	69,541	16.9%
Graduate or professional degree	46,566	11.3%

Commute to work

Mean travel time to work: 21 min

Drove alone77.8%

Carpooled10.0%

Public transit0.8%

Walked1.7%

Bicycle0.2%

Worked from home8.0%

Other means1.5%

How workers get to work

	Count	Share
Drove alone	217,355	77.8%
Carpooled	27,978	10.0%
Public transit	2,247	0.8%
Walked	4,697	1.7%
Bicycle	469	0.2%
Worked from home	22,297	8.0%
Other means	4,187	1.5%

Travel time

	Count	Share
Under 15 min	61,482	23.9%
15 to 29 min	135,433	52.7%
30 to 44 min	46,715	18.2%
45 to 59 min	6,873	2.7%
60+ min	6,430	2.5%

Households

Average household size: 2.42
Poverty rate: 22.5% (138,498 of 614,581)

	Count	Share
Family households	139,271	54.7%
Nonfamily households	115,259	45.3%

Housing

Median year structure built: 1970

Occupancy

	Count	Share
Occupied	254,530	87.1%
Vacant	37,760	12.9%

Tenure (of occupied units)

	Count	Share
Owner-occupied	117,061	46.0%
Renter-occupied	137,469	54.0%

1-unit, detached60.3%

1-unit, attached5.2%

2 to 4 units8.5%

5 to 19 units16.6%

20 or more units8.3%

Mobile home & other1.1%

Units in structure

	Count	Share
1-unit, detached	176,249	60.3%
1-unit, attached	15,336	5.2%
2 to 4 units	24,775	8.5%
5 to 19 units	48,520	16.6%
20 or more units	24,130	8.3%
Mobile home & other	3,280	1.1%

Geography

Place GEOID: 4748000
Type (LSAD): 25
Land area: 290 sq mi
Water area: 8.95 sq mi
Center point: 35.1092, -89.9685