Population 9,684 · Census ACS 2020–24
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Population and households in Memphis
Household size in Memphis
| Period | Memphis | Sarasota area | Florida | U.S. |
|---|---|---|---|---|
| 2006–10 | 3.06 | 2.40 | 2.63 | 2.68 |
| 2010–14 | 3.15 | 2.42 | 2.73 | 2.73 |
| 2015–19 | 3.48 | 2.53 | 2.75 | 2.71 |
| 2020–24 | 2.80 | 2.35 | 2.63 | 2.65 |
| Change | −0.26 | −0.04 | +0.00 | −0.03 |
The typical household in Memphis holds 2.80 people, slightly more than the U.S. average of 2.65. Since 2006–10, household size has dropped from 3.06, a much bigger shift than nationally. Households are largest in the east and smallest in the west.
Household size: the average number of people living in each occupied home. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25010).
Median age in Memphis
| Period | Memphis | Sarasota area | Florida | U.S. |
|---|---|---|---|---|
| 2006–10 | 40.1 | 48.6 | 40.8 | 37.7 |
| 2010–14 | 40.7 | 49.9 | 42.0 | 38.6 |
| 2015–19 | 43.1 | 51.4 | 43.0 | 39.6 |
| 2020–24 | 40.9 | 52.0 | 43.5 | 40.1 |
| Change | +0.9 | +3.4 | +2.7 | +2.3 |
At 40.9, the median age in Memphis is close to the national median of 40.1, so its age mix looks much like the country's. The population here is younger than in the Sarasota area as a whole, where the median age is 52.0. The median age has crept up from 40.1 in 2006–10, as it has nationally.
Median age: the age that splits residents into two equal halves. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B01002).
Single-parent households in Memphis
| Period | Memphis | Sarasota area | Florida | U.S. |
|---|---|---|---|---|
| 2006–10 | 19.3% | 9.4% | 12.4% | 12.3% |
| 2010–14 | 18.8% | 9.0% | 12.2% | 12.3% |
| 2015–19 | 20.0% | 8.0% | 11.5% | 11.6% |
| 2020–24 | 13.4% | 7.2% | 11.4% | 11.6% |
| Change | −5.8 pts | −2.2 pts | −1.0 pts | −0.6 pts |
Single-parent households are a bit more common in Memphis than nationally: 13.4%, against 11.6%. The single-parent share is down 5.8 points from 2006–10, a much bigger shift than nationally.
Single-parent households: households where one adult with no spouse present lives with children under 18. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B11003).
Housing in Memphis
Renters in Memphis
| Period | Memphis | Sarasota area | Florida | U.S. |
|---|---|---|---|---|
| 2006–10 | 27.7% | 24.0% | 30.3% | 33.3% |
| 2010–14 | 30.2% | 27.8% | 33.9% | 35.6% |
| 2015–19 | 33.5% | 26.0% | 34.6% | 36.0% |
| 2020–24 | 22.2% | 24.4% | 32.4% | 34.8% |
| Change | −5.5 pts | +0.3 pts | +2.1 pts | +1.5 pts |
Memphis is largely a place of homeowners: only 22.2% of households rent, far below the national share of 34.8%. Owner-heavy areas like this tend to see less turnover. About six in ten owners (59.1%) have paid off their mortgages, well above the national share of 39.8%. Since 2006–10, the renter share has fallen 5.5 points, even as the national share rose.
Renters: occupied homes that are rented rather than owned. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25003).
Vacant homes in Memphis
| Period | Memphis | Sarasota area | Florida | U.S. |
|---|---|---|---|---|
| 2006–10 | 15.2% | 21.0% | 17.2% | 11.4% |
| 2010–14 | 17.9% | 20.3% | 17.6% | 11.4% |
| 2015–19 | 18.1% | 20.2% | 15.4% | 11.1% |
| 2020–24 | 23.0% | 16.8% | 12.5% | 9.6% |
| Change | +7.8 pts | −4.1 pts | −4.8 pts | −1.8 pts |
Vacant homes make up 23.0% of the housing in Memphis, far above the national rate of 9.6%. In resort and lake areas that usually means seasonal and vacation homes; elsewhere it can point to weak demand. Vacancy has risen 7.8 points since 2006–10, even as the national rate fell.
Vacant homes: homes with no one living in them, including vacation homes and homes for sale or rent. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25002).
Age of homes in Memphis
| Period | Memphis | Sarasota area | Florida | U.S. |
|---|---|---|---|---|
| 2006–10 | 1981 | 1985 | 1984 | 1974 |
| 2010–14 | 1985 | 1986 | 1985 | 1975 |
| 2015–19 | 1986 | 1987 | 1986 | 1977 |
| 2020–24 | 1987 | 1993 | 1989 | 1980 |
| Change | +6 | +8 | +5 | +6 |
The housing in Memphis is younger than the country's: half of it was built after 1987, against 1980 nationally. Still, homes here are older than in the Sarasota area as a whole, where the median home dates to 1993. The median year built has moved up from 1981 in 2006–10, a sign of steady new building.
Age of homes: the year that splits the housing stock into older and newer halves. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25035).
Rent in Memphis
| Period | Memphis | Sarasota area | Florida | U.S. |
|---|---|---|---|---|
| 2006–10 | $906 | $1,142 | $1,092 | $965 |
| 2010–14 | $853 | $1,131 | $1,123 | $1,040 |
| 2015–19 | $1,031 | $1,399 | $1,323 | $1,213 |
| 2020–24 | $1,319 | $1,992 | $1,816 | $1,571 |
| Change | +$414 | +$850 | +$724 | +$606 |
Rent in Memphis runs $1,319 a month at the median, utilities included, below the U.S. median of $1,571. Rents are up $414 a month from 2006–10, a 46% rise, a slower climb than the nation's. The typical renter here spends 41.7% of household income on rent, well over the 30% mark often used to define affordable rent, so many renters here are stretched.
Rent: monthly rent plus the utilities renters pay themselves. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25064).
Education in Memphis
Bachelor's degrees in Memphis
| Period | Memphis | Sarasota area | Florida | U.S. |
|---|---|---|---|---|
| 2006–10 | 13.4% | 27.4% | 26.4% | 28.4% |
| 2010–14 | 17.0% | 29.2% | 27.0% | 29.6% |
| 2015–19 | 20.1% | 32.4% | 30.0% | 32.1% |
| 2020–24 | 18.8% | 39.7% | 34.6% | 35.6% |
| Change | +5.4 pts | +12.4 pts | +8.2 pts | +7.2 pts |
College degrees are relatively uncommon in Memphis: 18.8% of adults 25 and older hold a bachelor's or higher, well below the national share of 35.6%. Since 2006–10, the share with a degree has risen 5.4 points, mirroring the country. College graduates are most concentrated in the northwest and least in the east.
Bachelor's degrees: adults 25 and older with a bachelor's degree or higher. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B15003).
High school graduates in Memphis
| Period | Memphis | Sarasota area | Florida | U.S. |
|---|---|---|---|---|
| 2006–10 | 64.1% | 88.4% | 85.5% | 84.9% |
| 2010–14 | 77.3% | 89.8% | 86.5% | 86.1% |
| 2015–19 | 87.7% | 91.2% | 88.2% | 87.7% |
| 2020–24 | 85.0% | 93.1% | 90.0% | 89.3% |
| Change | +20.9 pts | +4.7 pts | +4.4 pts | +4.3 pts |
Just over one in seven adults in Memphis never finished high school, more than nationally: 85.0% have a diploma or equivalent, against 89.3% across the U.S. The share with a diploma is up 20.9 points from 2006–10, a much bigger shift than nationally.
High school graduates: adults 25 and older with a high school diploma, GED or more. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B15003).
Jobs in Memphis
| Period | Memphis | Sarasota area | Florida | U.S. |
|---|---|---|---|---|
| 2006–10 | 10.3% | 8.9% | 8.9% | 8.1% |
| 2010–14 | 11.7% | 9.7% | 11.0% | 9.4% |
| 2015–19 | 5.1% | 5.1% | 5.7% | 5.6% |
| 2020–24 | 8.3% | 4.1% | 4.8% | 5.4% |
| Change | −2.0 pts | −4.8 pts | −4.1 pts | −2.7 pts |
Unemployment in Memphis runs well above the national rate: 8.3% of the labor force was out of work and looking, against 5.4%. Of the 512 Florida cities with 5,000+ people, only 31 have higher unemployment. Unemployment is down 2.0 points from 2006–10, mirroring the country.
Unemployment: people looking for work as a share of everyone working or looking. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B23025).
Memphis compared with nearby cities
| City | Household size | Median age | Single parents | Renters | Vacant homes | Median year built | Median rent | Bachelor's degree | High school diploma | Unemployment |
|---|---|---|---|---|---|---|---|---|---|---|
| Memphis | 2.80 | 40.9 | 13.4% | 22.2% | 23.0% | 1987 | $1,319 | 18.8% | 85.0% | 8.3% |
| Palmetto | 2.75 | 45.6 | 9.4% | 17.5% | 17.2% | 1996 | $1,896 | 30.4% | 90.6% | 2.8% |
| Terra Ceia | 2.21 | 66.2 | 7.5% | 7.2% | 31.4% | 1988 | $1,671 | 50.5% | 95.6% | 0.0% |
| Ellenton | 2.50 | 52.0 | 8.5% | 21.3% | 19.5% | 1996 | $1,596 | 23.7% | 93.4% | 2.5% |
| West Bradenton | 2.60 | 49.2 | 7.8% | 25.6% | 9.4% | 1974 | $2,000 | 33.7% | 94.3% | 0.4% |
| Gillett | 2.54 | 52.3 | 6.1% | 0.0% | 13.0% | 2020 | $2,215 | 36.3% | 91.8% | 1.0% |
| South Bradenton | 2.33 | 47.5 | 10.2% | 43.0% | 22.2% | 1973 | $1,305 | 17.1% | 80.6% | 4.8% |
| Bradenton | 2.48 | 50.4 | 7.4% | 28.1% | 17.5% | 1999 | $2,152 | 44.5% | 92.0% | 4.9% |
| Bayshore Gardens | 2.36 | 44.5 | 15.2% | 34.2% | 18.3% | 1974 | $1,538 | 20.1% | 84.5% | 10.4% |
| Parrish | 2.74 | 46.8 | 3.6% | 8.2% | 9.5% | 2011 | $2,081 | 43.7% | 98.4% | 2.1% |
| Piney Point | 2.21 | 57.3 | 4.3% | 11.7% | 24.7% | 2002 | $1,571 | 26.6% | 91.0% | 0.6% |
All figures 2020–24.
Cities with similar populations: Ambridge, PA · Winsted, CT · Wood-Ridge, NJ · Winchendon, MA · Asbury Lake, FL · Arden Hills, MN · Andalusia, AL · Amory, MS · Woodstock, MD · Wright City, MO
About these numbers
Every figure on this page is a BestNeighborhood calculation from the Census Bureau's American Community Survey (ACS), built up from the Census block groups that make up Memphis. Each ACS 5-year release pools five years of responses; this page shows the last 15 releases, 2006–10 through 2020–24. Neighboring releases share four of their five years, so they move gradually and small changes between them are within the survey's margin of error; in small places the lines can jump from one release to the next for the same reason. The maps show the same measures for each neighborhood, ranked against the whole country.
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