Memphis, TX demographics:
population, income, and more
Memphis population
How many people live in Memphis
Memphis is home to 2,174 residents, according to the most recent Census data. Gender-wise, 49.8% of Memphis locals are male, and 50.2% are female.
Age demographics
The median age in Memphis is 41, with the population distributed as follows: about 19.4% are children under 15, then 7.8% are in the 15 to 24 age group. Adults between 25 and 44 make up 25.4% of the population, while another 22.4% fall into the 45 to 64 bracket. Finally, around 25% are 65 or older.
Racial makeup
In Memphis, 90.7% of the population are US-born citizens, while 6.1% have gained naturalized citizenship. At the same time, 3.2% of residents are non-citizens. As for race, 57.1% of locals are Caucasian, 4.8% are African American and 0.6% have Asian roots. There’s also a share of 24.9% that includes residents with two or more races.
Households in Memphis
A peek inside Memphis households
Memphis has 898 households, with an average of 2 members in each. Of these, 72.6% are families, while the remaining 27.4% are made up of individuals living alone or with non-relatives, such as roommates.
Households stats
Housing in Memphis
The housing landscape of Memphis
Memphis's housing consists of 1,097 units, with 91.2% being detached single-family homes ideal for those wanting space. Attached options, including duplexes and townhouses, make up 0.4% 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 2% of the housing landscape.
The age of buildings in Memphis
In Memphis, the median construction year is 1962. About 30.4% of homes were built before the 1940s, with another 7.8% going up by 1949. Most development happened in the second half of the 20th century.
Memphis occupancy rates
Out of the 898 occupied housing units in Memphis, 72.8% are owner-occupied, while 27.2% are lived in by tenants. Meanwhile, 18.1% of all homes on the local market sit vacant.
Memphis housing costs
Housing costs in Memphis come to a median of $558 per month, while tenants specifically pay a median gross rent of $491.
Education in Memphis
Memphis education at a glance
About 47.6% of the population in Memphis went to high school, while 20.1% pursued college studies. Another 7.8% earned an associate degree and 14.1% hold a bachelor’s. Meanwhile, 5.2% went even further, earning a master’s or doctorate.
Income in Memphis
How much people earn in Memphis
The average annual household income in Memphis was $61,564 in 2024, the most recent annual data available, according to the U.S. Census Bureau. This marked a +2% change from the previous year. At the same time, the median income stood at $47,639, reflecting a +2.3% shift over the same period.
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 $65,714. Those with someone between 45 and 64 in charge, often well established professionally, earn $39,950 overall. Overall, 82.9% of the locals in this community live above the poverty line.
Average renter income in Memphis
To get a better sense of what renters earn on average in Memphis, their median household income was $29,196 according to 2022 Census data. In addition, the rent-to-income ratio in the area, at 20.2%, shows what portion of their earnings goes toward housing expenses.
Employment in Memphis
Workforce and job types in Memphis
The job market in Memphis is powered by 841 working residents, spread across a range of industries and roles. 73.1% of the working population are employed in professional or administrative positions, while 26.9% are in hands-on or service-based jobs. Also, 17.8% run their own businesses, 33.3% are employed by private companies, and 45.4% work in the public sector.
Workforce demographics
Available workforce
The unemployment rate in Memphis stands at 10.3%, representing the share of the workforce currently without a job and actively looking for one.
Transportation in Memphis
How people get around in Memphis
What is the median and average household income in Memphis by zipcode?
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FAQs about Memphis demographics
What is the total population of Memphis?
What is the gender ratio in Memphis?
- 49.8% males (1,082 residents)
- 50.2% females (1,092 residents)
What is the median age in Memphis?
What is the age distribution of the population in Memphis?
- Under 15: 19.4% (421 residents)
- Ages 15-24: 7.8% (170 residents)
- Ages 25-44: 25.4% (553 residents)
- Ages 45-64: 22.4% (486 residents)
- Over 65: 25% (544 residents)
What is the racial and ethnic makeup of Memphis?
- White: 57.1% (1,241 residents)
- Black or African American: 4.8% (104 residents)
- American Indian and Alaska Native: 1.2% (27 residents)
- Asian: 0.6% (12 residents)
- Native Hawaiian and Other Pacific Islander: 0% (0 residents)
- Two or More Races: 24.9% (541 residents)
- Other: 11.4% (249 residents)
What percentage of the population in Memphis are U.S.-born citizens?
How many housing units are there in Memphis?
How many households are in Memphis and what is the average household size?
What is the median household income in Memphis?
What is the employment rate and job market overview for Memphis?
Job types:
- White-collar workers: 73.1% (615 residents)
- Blue-collar workers: 26.9% (226 residents)
Places of employment:
- Self-employed: 17.8% (150 residents)
- Private companies: 33.3% (280 residents)
- Governmental workers: 45.4% (382 residents)
- Not-for-profit companies: 3.4% (29 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.