Memphis, MO demographics:
population, income, and more

Total population
1,782
-4.2% year-over-year change
Median household income
$55,125/yr
11.1% year-over-year change
Housing units
888
-0.1% year-over-year change

Memphis population

How many people live in Memphis

Memphis is home to 1,782 residents, according to the most recent Census data. Gender-wise, 44.7% of Memphis locals are male, and 55.3% are female.

Total population
1,782
-4.2% year-over-year change
Gender ratio
Male
44.7%
797
Female
55.3%
985
Value Percent YoY change
Male 797 44.7% -2.9%
Female 985 55.3% -5.2%
A higher population often means more rental variety and livelier areas. The gender balance—how many men live here compared to women—can reveal a lot about the community and the lifestyles of its residents. Use this info to get a sense of the area's pace and personality.

Age demographics

The median age in Memphis is 38, with the population distributed as follows: about 19.6% are children under 15, then 13.3% are in the 15 to 24 age group. Adults between 25 and 44 make up 27.1% of the population, while another 20.3% fall into the 45 to 64 bracket. Finally, around 19.7% are 65 or older.

Median age
37.8
Age breakdown
Under 15
19.6%
15 to 24
13.3%
25 to 44
27.1%
45 to 64
20.3%
Over 65
19.7%
Value Percent YoY change
Under 15 350 19.6% -8.6%
15 to 24 237 13.3% -7.1%
25 to 44 483 27.1% -6.6%
45 to 64 361 20.3% 7.8%
Over 65 351 19.7% -5.1%
The age composition helps you get insight into who lives in the area. A younger population might mean a more active, fast-paced vibe, while an older one could suggest a quieter, slower lifestyle. If there's a balanced makeup, you’re likely to find a variety of services, housing types, and community spaces that cater to different life stages.

Racial makeup

There’s also a share of 3.1% that includes residents with two or more races.

Citizenship
U.S.-born citizens
100%
Non-U.S.-born citizens
0%
Non-citizens
0%
Value Percent YoY change
U.S.-born citizens 1,782 100% -4.2%
Racial breakdown
White
95.1%
Black or African American
0.3%
American Indian and Alaska Native
0.3%
Asian
0%
Native Hawaiian and other Pacific Islander
1.1%
Two or more races
3.1%
Other
0%
Value Percent
White 1,695 95.1%
Black or African American 6 0.3%
American Indian and Alaska Native 6 0.3%
Native Hawaiian and other Pacific Islander 20 1.1%
Two or more races 55 3.1%

Households in Memphis

A peek inside Memphis households

Memphis has 627 households, with an average of 3 members in each. Of these, 60.6% are families, while the remaining 39.4% are made up of individuals living alone or with non-relatives, such as roommates.

Households stats

Total households
627
-3.4% year-over-year change
Average people per household
3
Non-family households
247
Family households
380
Value Percent YoY change
Non-family households 247 39.4% -9.5%
Family households 380 60.6% 1.1%
The mix between family and non-family households gives a glimpse into daily life. A higher percentage of families might mean more parks and schools, while more non-family setups can mean flexible housing and diverse living styles. For renters, this can signal what kinds of homes are common and can help you figure out if the area matches your lifestyle.

Housing in Memphis

The housing landscape of Memphis

Memphis's housing consists of 888 units, with 74.7% being detached single-family homes ideal for those wanting space. Attached options, including duplexes and townhouses, make up 1.4% and offer a more compact, shared living style. Then there are the multifamily buildings in the area, and for those seeking flexibility, non-traditional options like mobile homes account for 1.8% of the housing landscape.

Housing units
888
-0.1% year-over-year change
Housing types
Value Percent
1 unit, detached 663 74.7%
1 unit, attached 12 1.4%
2 units 96 10.8%
3 or 4 units 34 3.8%
5 to 9 units 13 1.5%
10 to 19 units 43 4.8%
20 to 49 units 11 1.2%
Mobile home 16 1.8%
Homes built since 2020
0
% year-over-year change

The age of buildings in Memphis

In Memphis, the median construction year is 1969. About 23.5% of homes were built before the 1940s, with another 10.5% going up by 1949. Most development happened in the second half of the 20th century.

Construction year breakdown by decade
Value Percent YoY change
Built in 1939 or earlier 209 23.5% -21.7%
Built between 1940 and 1949 93 10.5% 31.0%
Built between 1950 and 1959 41 4.6% -6.8%
Built between 1960 and 1969 113 12.7% -22.1%
Built between 1970 and 1979 173 19.5% 66.3%
Built between 1980 and 1989 123 13.8% -15.8%
Built between 1990 and 1999 30 3.4% 20.0%
Built between 2000 and 2009 79 8.9% 23.4%
Built between 2010 and 2019 27 3% 17.4%
As a renter, knowing when homes were built helps you understand the potential condition and design of rental units. Newer builds may have more contemporary layouts, while older homes can offer character or larger lots, depending on the area.

Memphis occupancy rates

Out of the 627 occupied housing units in Memphis, 71.8% are owner-occupied, while 28.2% are lived in by tenants. Meanwhile, 29.4% of all homes on the local market sit vacant.

Occupied housing units
627
-3.4% year-over-year change
Occupancy breakdown
Renter occupied
177
Owner occupied
450
Value Percent YoY
change
Renter occupied 177 28.2% -3.3%
Owner occupied 450 71.8% -3.4%
Unoccupied housing units
29.4%
Unoccupied housing units refer to homes that are currently without residents—whether they're waiting for renters or owners, used seasonally, or simply unclaimed. A higher share of empty homes may mean more housing availability, while a low number can reflect a tighter market with more competition. This, along with the renter-vs.-owner mix, helps paint a clearer picture of what types of housing and services are likely to be available in the area.

Memphis housing costs

Housing costs in Memphis come to a median of $735 per month, while tenants specifically pay a median gross rent of $471.

Median housing costs per month
$735/month
This figure sums up typical monthly housing costs for all households in the area. If you own, it includes mortgage payments in addition to property taxes, insurance and HOA fees. If you rent, it accounts for rent plus extras like utilities. It’s useful for seeing how local living expenses stack up compared to other places.
Median gross rent in Memphis
$471/month
Gross rent gives a more complete look at what renters actually pay, including not just base rent, but also utilities and fees. It’s a key number for evaluating rental affordability in your area of interest and understanding how it compares to nearby locations.

Education in Memphis

Memphis education at a glance

About 38.4% of the population in Memphis went to high school, while 28.1% pursued college studies. Another 7.3% earned an associate degree and 13.8% hold a bachelor’s. Meanwhile, 8.4% went even further, earning a master’s or doctorate.

Education level
Value Percent YoY change
No high school 54 4% 14.9%
High school diploma 520 38.4% -15.6%
College diploma 381 28.1% 19.8%
Associate degree 99 7.3% -17.5%
Bachelor's degree 187 13.8% 22.2%
Graduate degree 113 8.4% 9.7%
A community’s education mix can offer insights into the local economy and housing market. Higher levels of education often align with more job opportunities and stable incomes, which can increase demand for homes and influence both rent prices and rental availability.

Income in Memphis

How much people earn in Memphis

The average annual household income in Memphis was $71,719 in 2024, the most recent annual data available, according to the U.S. Census Bureau. This marked a +10.6% change from the previous year. At the same time, the median income stood at $55,125, reflecting a +11.1% shift over the same period.

Average household income in Memphis
$71,719/year
10.7% year-over-year change
Median household income in Memphis
$55,125/year
11.1% year-over-year change

Memphis income by age

In Memphis, households led by residents aged 25 to 44 — usually in the early to mid stages of their careers — have a median income of $94,750. Those with someone between 45 and 64 in charge, often well established professionally, earn $48,929 overall. Younger households, where the main provider is under 25 and just starting out, report a median income of $64,000, while those led by someone over 65, many of whom may be retired, have about $46,250 in earnings. Overall, 87.7% of the locals in this community live above the poverty line.

Income breakdown by age
Value YoY change
Under 25 $64,000 8.9%
25 - 44 $94,750 12.2%
45 - 64 $48,929 56.6%
Over 65 $46,250 9.0%
Above poverty level
1,494
Below poverty level
209
Value Percent YoY
change
Above poverty level 1,494 87.7% -2.2%
Below poverty level 209 12.3% -7.5%

Average renter income in Memphis

To get a better sense of what renters earn on average in Memphis, their median household income was $19,336 according to 2022 Census data. In addition, the rent-to-income ratio in the area, at 29.2%, shows what portion of their earnings goes toward housing expenses.

Renter median household income
$19,336
Rent-to-income ratio
29.2%
Understanding the rent-to-income ratio can help renters gauge if local housing costs align with their earnings. A ratio under 30% usually signals affordability, while exceeding this mark means rent is taking a larger-than-recommended bite out of income. That could make it harder for you to cover other costs like transportation, healthcare, or child care.

Employment in Memphis

Workforce and job types in Memphis

The job market in Memphis is powered by 879 working residents, spread across a range of industries and roles. 71% of the working population are employed in professional or administrative positions, while 29% are in hands-on or service-based jobs. Also, 18.2% run their own businesses, 53.2% are employed by private companies, and 12.5% work in the public sector.

Workforce demographics

Working population
879
6.0% year-over-year change
White collar
624
Blue collar
255
Value Percent YoY change
White collar 624 71% 2.5%
Blue collar 255 29% 15.9%
Employer type
Self employees
18.2%
Private companies
53.2%
Governmental workers
12.5%
Not for profit companies
16%
Value Percent YoY change
Self employees 160 18.2% 15.1%
Private companies 468 53.2% 6.4%
Governmental workers 110 12.5% 3.8%
Not for profit companies 141 16% -2.1%
Unemployment rate
0.6%
-70.6% year-over-year change

Available workforce

The unemployment rate in Memphis stands at 0.6%, representing the share of the workforce currently without a job and actively looking for one.

For renters, the unemployment rate helps paint a picture of job security and financial stability in the area. Rates around 4% to 5% are considered typical. A lower-than-average rate might suggest strong job prospects and a thriving local economy, while a higher rate could hint at fewer opportunities—both useful to consider when planning a move.

Transportation in Memphis

How people get around in Memphis

Commuting methods vary: 87% of residents travel by personal vehicle and 1.2% prefer to walk, while the remaining share relies on public transit or on two wheelers to get from A to B.

Means of transportation
Value Percent YoY change
Car 765 87% 2.0%
Walk 11 1.2% 37.5%
Understanding how locals get to work can help you plan your own routine. High car usage might mean you’ll need a vehicle, while strong public transit or walkability could save you the hassle. Commute times also play a big role in quality of life—shorter trips can give you more time for the things you enjoy.

What is the median and average household income in Memphis by zipcode?

Zipcode Population Number of households Median income Average income
63555 3,258 1,033 $67,426 $83,784

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FAQs about Memphis demographics 

What is the total population of Memphis?

Memphis has a total population of 1,782 residents, according to the latest release from the U.S. Census Bureau: the 2019-2023 American Community Survey (ACS) 5-year estimates. This figure changed by -4.2% compared to a year ago.

What is the gender ratio in Memphis?

The gender ratio in Memphis is as follows:
  • 44.7% males (797 residents)
  • 55.3% females (985 residents)

What is the median age in Memphis?

The median age in Memphis is 37.8.

What is the age distribution of the population in Memphis?

The age distribution in Memphis is as follows:
  • Under 15: 19.6% (350 residents)
  • Ages 15-24: 13.3% (237 residents)
  • Ages 25-44: 27.1% (483 residents)
  • Ages 45-64: 20.3% (361 residents)
  • Over 65: 19.7% (351 residents)

What is the racial and ethnic makeup of Memphis?

The racial and ethnic makeup of Memphis is as follows:
  • White: 95.1% (1,695 residents)
  • Black or African American: 0.3% (6 residents)
  • American Indian and Alaska Native: 0.3% (6 residents)
  • Asian: 0% (0 residents)
  • Native Hawaiian and Other Pacific Islander: 1.1% (20 residents)
  • Two or More Races: 3.1% (55 residents)
  • Other: 0% (0 residents)

What percentage of the population in Memphis are U.S.-born citizens?

U.S.-born citizens represent 100% of the population in Memphis.

How many housing units are there in Memphis?

There are 888 housing units in Memphis, reflecting a -0.1% change compared to the previous year, according to the latest data from the U.S. Census Bureau.

How many households are in Memphis and what is the average household size?

Memphis has a total of 627 households, with an average of 3 people in each.

What is the median household income in Memphis?

Memphis has a median household income of $55,125, representing a +11.1% shift from the previous year, according to the U.S. Census Bureau.

What is the employment rate and job market overview for Memphis?

The employment rate is 99.4% in Memphis, with a workforce of 879 residents. Here’s a detailed breakdown of the local job market:

Job types:
  • White-collar workers: 71% (624 residents)
  • Blue-collar workers: 29% (255 residents)

Places of employment:
  • Self-employed: 18.2% (160 residents)
  • Private companies: 53.2% (468 residents)
  • Governmental workers: 12.5% (110 residents)
  • Not-for-profit companies: 16% (141 residents)

Data source & methodology

The demographic data on this page was sourced from the latest U.S. Census Bureau release—the 2019–2023 American Community Survey (ACS) 5-year estimates.

The information, issued annually, is compiled and published by the Point2Homes Research Team as soon as new data becomes available.

No representation, guarantee, or warranty is made concerning the accuracy or completeness of modified or aggregated information for particular areas.

Page last updated: September 2025