Skip Navigation LinksHome > Local Guides > Community Guides > Tennessee > Memphis
Find Homes for Sale
Search by City and State, Zip or MLS#

Memphis, TN Area and Community Summary Information


Community Summary

Memphis Tennessee
Community Characteristics
Population 641,084 6,066,922
Population Density 2,295 143
Educational Climate Index 4
Median Age 32.92 36.64
Median Dwelling Age 34 25
In Current Residence 5+ years 39 % 34 %
Median Home Sale Price $76,000
Average household Income $51,277 $54,070
Median Value of Home Equity $145,352 $164,344
Median Mortgage Debt $290,988 $327,967
Total Household Expenditure 85 88
Total Crime Risk 357 124
Weather Risk 157 73
Air Pollution Index 121 109
Median Travel Time to Work 20.31 20.45
     

Population Characteristics

Memphis Tennessee
Population 641,084 6,066,922
Population Density 2,295 143
     
Male Population 305,185 2,977,767
Female Population 335,898 3,089,155
     
Population Change Since 1990 -3 % 24 %
Population Change Since 2000 -1 % 7 %
     

Age

Memphis Tennessee
Median Age 32.92 36.64
     
Population: Age 0-4 50,251 395,292
Population: Age 5-9 46,206 379,266
Population: Age 10-14 45,446 384,732
Population: Age 15-19 47,490 400,663
Population: Age 20-24 51,349 412,621
Population: Age 25-29 45,935 416,263
Population: Age 30-34 43,182 419,714
Population: Age 35-39 42,124 425,388
Population: Age 40-44 44,163 449,648
Population: Age 45-49 45,663 458,333
Population: Age 50-54 42,496 429,523
Population: Age 55-59 37,265 384,943
Population: Age 60-64 28,663 314,730
Population: Age 65-69 20,869 242,502
Population: Age 70-74 16,674 195,777
Population: Age 75-79 13,269 149,768
Population: Age 80-84 10,224 108,299
Population: Age 85+ 9,816 99,460
     

Race Distribution

Memphis Tennessee
Race: White 203,632 4,815,970
Race: American Indian, Eskimo, Aleut 1,255 16,582
Race: Asian or Pacific Islander 12,431 83,343
Race: Other 14,747 70,461
Race: Hawaiian / Pacific Islander 108 974
Race: Black 397,017 996,986
     

Hispanic Distribution

Memphis Tennessee
Population: Hispanic 27,592 202,701
Population: Not Hispanic 613,491 5,864,221
     

Education

Memphis Tennessee
Education: Less than 9th Grade 16,960 257,142
Education: Some High School 36,603 444,027
Education: High School Graduate 136,306 1,453,984
Education: Some College 84,791 774,031
Education: Associate Degree 26,394 242,416
Education: Bachelors Degree 63,223 597,667
Education: Graduate Degree 36,065 325,081
     

Marital Status

Memphis Tennessee
Never Married 180,565 1,138,318
Now Married 178,711 2,659,660
Separated 41,720 223,195
Widowed 38,924 335,982
Divorced 59,342 549,736
     

Households

Memphis Tennessee
Households 250,548 2,416,882
Average Household Size
     
Households: Family 146,664 1,624,831
Households: Non-Family 103,883 792,051
     
Households: With Children 85,130 825,983
Households: No Children 165,418 1,590,899
     

Housing Characteristics

Memphis Tennessee
Median Dwelling Age 34 25
Median Home Sale Price $76,000
Average household Income $51,277 $54,070
Median Value of Home Equity $145,352 $164,344
Median Mortgage Debt $290,988 $327,967
     

Home Ownership

Memphis Tennessee
Vacant Dwellings 37690 296016
Owner-Occupied Dwellings 133183 1668351
Renter-Occupied Dwellings 117365 748531
     

Turnover

Memphis Tennessee
In Current Residence 5+ years 39 % 34 %
Annual Residential Turnover 16 % 17 %
     
Median Years in Residence 3.67 3.41
     

Income Characteristics

Memphis Tennessee
Median household income $39,468 $44,361
Average household Income $51,277 $54,070
Per capita income $21,121 $22,185
Median Disposable Income $34,509 $38,375
     

Income Growth

Memphis Tennessee
Change in Avg. Household Income Since 1990 63 % 79 %
Change in Avg. Household Income Since 2000 20 % 22 %
     

Household Income

Memphis Tennessee
Household Income: $0-$10,000 33,287 251,709
Household Income: $10,000-$15,000 14,979 129,704
Household Income: $15,000-$20,000 15,905 139,925
Household Income: $20,000-$25,000 16,717 150,132
Household Income: $25,000-$30,000 16,722 151,156
Household Income: $30,000-$35,000 15,159 139,649
Household Income: $35,000-$40,000 13,989 129,852
Household Income: $40,000-$45,000 13,863 133,339
Household Income: $45,000-$50,000 11,582 115,564
Household Income: $50,000-$60,000 21,935 227,707
Household Income: $60,000-$75,000 22,925 246,940
Household Income: $75,000-$100,000 23,727 263,821
Household Income: $100,000-$125,000 11,562 137,091
Household Income: $125,000-$150,000 6,196 70,609
Household Income: $150,000-$200,000 4,615 58,681
Household Income: $200,000-$250,000 1,506 19,928
Household Income: $250,000-$500,000 2,005 23,684
Household Income: $500,000+ 3,873 27,391
     

Median Income

Memphis Tennessee
Median Income: Age < 25 $27,444 $29,033
Median Income: Age 25-34 $37,814 $42,771
Median Income: Age 35-44 $42,045 $50,130
Median Income: Age 45-54 $46,478 $55,546
Median Income: Age 55-64 $43,402 $48,367
Median Income: Age 65-74 $35,313 $35,773
Median Income: Age 75+ $30,329 $28,095
     

Cost of Living Index

Memphis Tennessee
Total Household Expenditure 85 88
Contributions 81 85
Personal Insurance 81 85
Apparel 85 88
Education 82 84
Entertainment 84 88
Food And Beverages 86 89
Health Care 87 91
Household Furnishings And Equipment 82 87
Shelter 84 88
Household Operations 82 85
Miscellaneous Expenses 87 89
Personal Care 85 88
Reading 85 88
Tobacco 91 93
Transportation 85 89
Utilities 88 90
Gifts 82 85
     
Sales Tax Rate 9 %
     

Financial Characteristics

Memphis Tennessee
Median Household Net Worth $107,143 $127,261
Average Household Net Worth $384,497 $435,224
Median Value of Home Equity $145,352 $164,344
Median Mortgage Debt $290,988 $327,967
     

Net Worth

Memphis Tennessee
Net Worth: $0 or Less 32,383 287,880
Net Worth: $1-$5,000 36,824 329,399
Net Worth: $5,000-$10,000 18,085 169,324
Net Worth: $10,000-$25,000 30,541 294,506
Net Worth: $25,000-$50,000 32,276 318,828
Net Worth: $50,000-$100,000 39,497 394,323
Net Worth: $100,000-$250,000 45,385 459,893
Net Worth: $250,000-$500,000 17,344 178,870
Net Worth: Greater Than $500,000 9,046 94,316
     

Investments and Debt

Memphis Tennessee
Median Value of Transaction Accounts $21,416 $23,953
Median Value of Certificates of Deposit $5,982 $6,587
Median Value of Savings Bonds $914 $1,006
Median Value of Bonds (Not US Savings) $8,418 $9,723
Median Value of Stocks $28,035 $32,160
Median Value of Mutual Funds $23,534 $26,762
Median Value of Retirement Accounts $51,812 $59,211
Median Value of Cash Value Life Ins $4,886 $5,464
Median Value of Other Managed Accounts $12,613 $14,359
Median Value of Other Financial Assets $3,569 $3,949
Median Value of Any Financial Assets $161,180 $183,174
Median Value of Vehicles Owned $15,346 $16,706
Median Value of Investment Property Equity $29,937 $33,616
Median Value of Business Equity $20,728 $23,299
Median Value of Other Non-Financial Assets $75,386 $85,204
Median Value of Any Non-Financial Assets $4,239 $4,798
Median Installment Loan Debt $50,202 $57,005
Median Lines of Credit Debt $5,835 $6,579
Median Credit Card Debt $507 $557
Median Investment Real Estate Debt $7,879 $8,284
Median Other Debt $11,610 $13,489
Median Total Debts $127,638 $151,329
     

Occupation

Memphis Tennessee
     
Occupations: White Collar 301,644 2,162,300
Occupations: Blue Collar 88,539 712,721
     
Business Counts: Professional Specialty Occupations 61,398 417,241
Business Counts: Sales Professionals 10,137 74,580
Business Counts: Technologies and Technicians 17,783 110,453
Business Counts: Sales Workers and Clerks 33,701 280,381
Business Counts: Administrative Support 74,444 523,432
Business Counts: Technical, Sales and Administrative: Field Occupations 2,736 7,705
Business Counts: Private Household 7 127
Business Counts: Protective Services 5,545 40,032
Business Counts: Other Services: Site Based 49,779 371,712
Business Counts: Other Services: Field Based 2,724 16,517
Business Counts: Farming, Forestry, and Fishing 9,476 75,134
Business Counts: Precision, Craft, and Repair: Site Based 33,571 277,626
Business Counts: Construction, Repair and Mining: Field Based 10,859 90,363
Business Counts: Machine Operators, Assemblers and Inspectors 9,190 83,604
Business Counts: Transportation Materials Moving Workers 13,389 94,656
Business Counts: Handlers, Helpers and Laborers 12,054 91,338
     
Employees: Agricultural, Forestry, Fishing 4,048 24,789
Employees: Mining 33 3,586
Employees: Construction 15,614 138,026
Employees: Manufacturing 25,275 360,730
Employees: Transportation and Communications 28,087 138,267
Employees: Wholesale Trade 21,623 151,279
Employees: Retail Trade 69,520 621,947
Employees: Finance, Insurance and Real Estate 29,076 173,351
Employees: Services 174,871 1,078,225
Employees: Public Administration 22,032 184,924
     

Transportation & Commute

Memphis Tennessee
Median Travel Time to Work 20.31 20.45
Transportation to Work: Public 3 % 1 %
Transportation to Work: Drive / Carpool 92 % 94 %
Transportation to Work: Walk / Bike / Other 3 % 2 %
Transportation to Work: Work at Home 2 % 3 %
     

Crime Risk

Memphis Tennessee
Total Crime Risk 357 124
     
Personal Crime Risk 424 144
Murder Risk 354 118
Rape Risk 335 112
Robbery Risk 503 113
Assault Risk 269 163
     
Property Crime Risk 340 121
Burglary Risk 376 145
Larceny Risk 206 117
Motor Vehicle Theft Risk 401 102
     

Temperature & Rain

Memphis Tennessee
Average January High Temperature 48.6 45.96
Average January Low Temperature 31.3 25.93
Average July High Temperature 92.1 88.19
Average July Low Temperature 72.9 66.13
     
Annual Precipitation 54.65 53.74
     

Weather Risk Index

Memphis Tennessee
Weather Risk 157 73
Earthquake Risk 255 138
Hail Index 265 96
Hurricane Index 80 58
Tornado Index 221 82
Wind Index 267 117
     

Environmental Quality Index

Memphis Tennessee
Air Pollution Index 121 109
Ozone Index 109 109
Carbon Monoxide Index 94 100
Lead Index 180 147
NO2 Index 129 97
Particulate Matter Index 92 93
     
  
Data on community demographics, schools and recent sales provided by Onboard Informatics.
Copyright © 2009 Onboard Informatics Information is deemed reliable but not guaranteed.

valueClickPixel adPixel