Where does this demographic data come from?

All demographic data comes from the U.S. Census Bureau's American Community Survey (ACS) 5-Year Estimates, which samples about 3.5 million households annually. The 5-year estimates provide the most reliable data for small geographies like municipalities.

What is the difference between Census data and ACS data?

The decennial Census (conducted every 10 years) is a full population count focusing on basic demographics. The ACS is an ongoing survey that collects detailed data on income, education, housing, commute patterns, and more. ACS data is updated annually but represents averages over a 5-year period.

How accurate is this data for small towns?

For smaller municipalities, ACS estimates have wider margins of error because fewer residents are sampled. The 5-year estimates reduce this uncertainty by averaging over a longer period. For towns under 5,000 people, treat specific numbers as approximations rather than precise counts.

Memphis, TN Population, Income & Demographics 2026

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Demographics — 2024 ACS 5-Year Estimatesi

Census

Populationi

618,980

Median Agei

34.2

Race & Ethnicityi

Black

62.7%387,985

White

22.4%138,561

Hispanic/Latino

10.4%64,506

Two or More

2.3%13,994

Asian

1.7%10,442

Other

0.5%2,793

Native Hawaiian/Pacific Islander

0.1%365

American Indian/Alaska Native

0.1%334

Educational Attainment (Age 25+)i

GED/Alternative

3.9%15,819

High School Diploma

26.5%107,119

Some College (<1 yr)

5.4%21,779

Some College (1+ yr)

17%68,613

Associate's Degree

6.5%26,094

Bachelor's Degree

16.7%67,672

Master's Degree

7.9%31,999

Professional Degree

2%7,970

Doctorate

1.4%5,737

HS or Higher

87.2%

BA or Higher

28%

Graduate+

11.3%

Housingi

Median Home Valuei

$169,000

Median Renti

$1,181

Tenure

Owner-Occupied

44.9%113,608

Renter-Occupied

55.1%139,512

Total Units

289,887

Homeownership

44.9%

Vacancy Rate

12.7%

Home Values

Under $50K

7.8%8,863

$50K–$100K

21.3%24,202

$100K–$150K

14.7%16,736

$150K–$200K

13.4%15,217

$200K–$300K

18.5%20,992

$300K–$500K

15.5%17,644

$500K–$1M

6.4%7,254

$1M+

2.4%2,700

Rent Distribution

Under $500

5,722

$500–$750

9,718

$750–$1,000

27,573

$1,000–$1,250

33,699

$1,250–$1,500

25,284

$1,500–$2,000

24,689

$2,000+

8,027

Year Built

2020 or later

0.8%2,197

2010–2019

3.8%11,128

2000–2009

6.9%20,039

1990–1999

9%26,205

1980–1989

12.4%36,060

1970–1979

16.8%48,604

1960–1969

14.9%43,184

1950–1959

19.9%57,758

1940–1949

7.7%22,354

1939 or earlier

7.7%22,358

Heating Fuel

Electricity

56.3%142,600

Utility Gas

41.7%105,460

Bottled/LP Gas

1.1%2,668

No Fuel

0.6%1,420

Other

0.2%434

Wood

0.1%232

Fuel Oil

0.1%207

Solar

0%90

Coal

0%9

Economyi

Median Household Incomei

$51,736

Mean Household Incomei

$78,517

Per Capita Incomei

$33,100

Poverty Ratei

22.6%

Unemploymenti

8.3%

Labor Forcei

305,819

Household Income Distribution

Under $10K

9.2%23,249

$10K–$15K

5.5%13,890

$15K–$20K

4.3%10,775

$20K–$25K

5.4%13,583

$25K–$30K

5%12,723

$30K–$35K

4.7%11,926

$35K–$40K

4.8%12,107

$40K–$45K

5.3%13,427

$45K–$50K

4.3%10,998

$50K–$60K

7.9%19,873

$60K–$75K

10.1%25,445

$75K–$100K

11.1%28,214

$100K–$125K

7.2%18,105

$125K–$150K

5.1%12,875

$150K–$200K

4.5%11,328

$200K+

5.8%14,602

Federally Subsidized Housingi

HUD

The federal government helps low-income families, seniors, and people with disabilities afford housing through several programs. Residents typically pay about 30% of their income toward rent, with the government covering the rest. This data shows how many households in this community receive that assistance.

Subsidized Homesi

17,014

Residentsi

36,288

Avg. Tenant Renti

$289/mo

Avg. Waitlisti

29 months

Programs in this community

Public Housing1,239 homes94% occupied$398/mo rent

Government-owned housing managed by local housing authorities

Housing Choice Vouchers1,126 homes92% occupied$319/mo rent

Rental vouchers (Section 8) that help tenants pay for private-market housing

Project Based Section 86,412 homes89% occupied$257/mo rent

Privately owned apartments with rent subsidies tied to the building

202/PRAC408 homes97% occupied$371/mo rent

811/PRAC139 homes88% occupied$339/mo rent

Household Incomei

Based on area median of $51,736/yr

Extremely low incomeUnder $16K/yr

84.7%

Very low income$16K–$26K/yr

13.1%

Low income$26K–$41K/yr

2.1%

Moderate / aboveOver $41K/yr

0.1%

Who Receives This Housing

74.2% of subsidized households are headed by a single mother

93% of subsidized households are minority

18.3% of subsidized households include someone with a disability

44.6% of subsidized households include a senior (62+)

Ancestry & Heritage

Self-reported ancestry groups. Residents may report multiple ancestries, so totals may exceed 100%.

Foreign-Born Populationi

Foreign-Borni

47,6157.7%

By Region

Top Countries

Mexico

13,992

Guatemala

4,232

India

1,747

China

1,050

Philippines

545

Germany

457

United Kingdom

437

Korea

312

Commute & Transportationi

Workersi

274,260

Avg. Commutei

21.1 min

How People Get to Work

Travel Time to Work

Workforce

Total Employed

279,732

Occupations

Industries

Social Characteristicsi

Marital Status (15+)i

Veteransi

23,827(5.2% of civilian adults)

Health Insurancei

85.3%Insured

14.7%Uninsured