Memphis, Indiana

US Census Bureau ACS 5-Year Estimates ยท 2022

IN

Memphis Demographics Overview

Total Population
866
ACS 2022 estimate
Median Household Income
$86,875
Annual household income
โ–ฒ 16% vs US avg
Median Home Value
$220,200
Owner-occupied homes
โ–ผ 22% vs US avg
Median Gross Rent
N/A
Monthly rent (incl. utilities)
Median Age
34.1 years
Median age of residents
โ–ผ 12% vs US avg

Income & Economy

Median Household Income
$86,875
US avg: $74,580
vs. National Median+16.5%

Housing

Median Home Value
$220,200
US avg: $281,900
Median Gross Rent
N/A/mo
US avg: $1,163/mo
Rent vs. National AvgN/A

Population

Total Population866
Median Age
34.1 years
US avg: 38.9 yrs

Data Source

Data for Memphis comes from the US Census Bureau American Community Survey (ACS) 5-Year Estimates, covering the period 2018โ€“2022.

The ACS 5-Year estimates provide the most reliable demographic statistics available, especially for smaller communities, by pooling 5 years of survey data.

Learn more about the ACS โ†’

Memphis, IN โ€” Frequently Asked Questions

Common questions about Memphis demographics

What is the population of Memphis, Indiana?

According to the US Census Bureau ACS 5-Year Estimates (2022), the population of Memphis, Indiana is 866.

What is the median household income in Memphis?

The median household income in Memphis, Indiana is $86,875 per year, according to the 2022 ACS 5-Year Estimates. The US national median household income is approximately $74,580.

What is the cost of living in Memphis?

Key cost indicators for Memphis, Indiana:. Median home value: $220,200. Median household income: $86,875/year

What is the median home value in Memphis?

The median home value in Memphis, Indiana is $220,200, compared to the national median of approximately $281,900.

What is the average age in Memphis?

The median age in Memphis, Indiana is 34.1 years, compared to the US national median age of approximately 38.9 years.

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Memphis, IN Demographics - Population, Income & Housing (2022)