City profile · Florida · Census ACS 2023

Memphis, FL

Population, income, housing, safety, climate and schools for Memphis - drawn straight from Census ACS, FBI UCR, NOAA, NCES, HUD and FEMA, refreshed on the 2024–2025 release cycle.

10,626
Residents
$71,967
Median income
$292,200
Median home
$1,958
Median rent (state)

Memphis - the verdict

Memphis ranks in the 52nd percentile for household income nationally, out of every US city with at least 1,000 residents. Source: Census ACS.

52nd
percentile, household income
64th
percentile, home value
81st
percentile, median rent
📝 How we sourced this

Population, income, and housing-cost figures come from the U.S. Census Bureau American Community Survey 5-year estimates (B-series tables). Crime data uses FBI UCR; climate uses NOAA Climate Normals; school counts come from NCES Common Core of Data; permits use the Census Building Permits Survey (BPS). See our methodology page for the full ETL pipeline and OMB / FIPS join keys.

Data Snapshot: Memphis, FL

Memphis is a small town in Florida, home to 10,626 residents per U.S. Census Bureau ACS 2023 estimates. The typical household in Memphis brings in $71,967 a year, above the median for U.S. cities on this measure, with a poverty rate of 17.5%. Memphis's housing stock carries a median value of $292,200, and the median resident age is 35.8 years. About 20.4% of adults hold a bachelor's degree or higher, while 57.7% of working-age residents are in the labor force.

Florida carries a cost-of-living premium: the state registers 103.4 on a 100-equals-national-average index (Above Average) per BEA Regional Price Parities 2024. Statewide, HUD pegs Fair Market Rent for a two-bedroom unit at $1,958 monthly. Monthly utility costs average around $225 across Florida, per EIA 2023 residential energy estimates. On FEMA's National Risk Index, this area rates 97.6 out of 100 for natural-hazard exposure (Very High).

Population

10,626 residents

Census ACS 2023 - Florida

Median Household Income

$71,967 /yr

Poverty 17.5%

Cost of Living Index (state)

103.4 (US=100)

Above Average - BEA RPP 2024, Florida average

How does Memphis compare to other US cities?

Memphis measured against every US city with 1,000+ residents, computed live from the same Census and FBI data shown throughout this page.

Household income 52% higher than other cities
Home value 64% pricier than other cities
Median rent 81% pricier than other cities

"Safer than" reflects total crime rate from FBI UCR; the others use Census ACS estimates.

How we calculate these percentiles & ranks

For each metric we count every US city with population 1,000+ and a non-null value, then compute what share of them fall below Memphis's value: round(cities-below ÷ total × 100). Safety is inverted (percentile = share of cities with a higher crime rate) so a higher number always means safer. The in-state rank narrows that same crime-rate comparison to only the cities PlainCities tracks in Florida, breaking ties alphabetically. See the methodology page for the full source-to-figure lineage.

52ndIncome percentile

52nd percentile nationally for median household income. Source: Census ACS 2023 / FBI UCR 2023.

How Memphis's home value compares nationally

Median home value vs. every US city (population 1,000+)

$292,200 36th percentile more affordable than 36% of 15,600 US cities

$0–$25,000: 5 US cities (0%). Below this entry. $25,000–$50,000: 54 US cities (0%). Below this entry. $50,000–$75,000: 352 US cities (2%). Below this entry. $75,000–$100,000: 1,086 US cities (7%). Below this entry. $100,000–$125,000: 1,516 US cities (10%). Below this entry. $125,000–$150,000: 1,170 US cities (8%). Below this entry. $150,000–$175,000: 1,278 US cities (8%). Below this entry. $175,000–$200,000: 1,229 US cities (8%). Below this entry. $200,000–$225,000: 1,035 US cities (7%). Below this entry. $225,000–$250,000: 976 US cities (6%). Below this entry. $250,000–$275,000: 754 US cities (5%). Below this entry. $275,000–$300,000: 712 US cities (5%). This entry sits in this band. $300,000–$325,000: 521 US cities (3%). Above this entry. $325,000–$350,000: 526 US cities (3%). Above this entry. $350,000–$375,000: 465 US cities (3%). Above this entry. $375,000–$400,000: 393 US cities (3%). Above this entry. $400,000–$425,000: 317 US cities (2%). Above this entry. $425,000–$450,000: 300 US cities (2%). Above this entry. $450,000–$475,000: 307 US cities (2%). Above this entry. $475,000–$500,000: 250 US cities (2%). Above this entry. $500,000–$525,000: 160 US cities (1%). Above this entry. $525,000–$550,000: 156 US cities (1%). Above this entry. $550,000–$575,000: 172 US cities (1%). Above this entry. $575,000–$600,000: 172 US cities (1%). Above this entry. $600,000–$625,000: 163 US cities (1%). Above this entry. $625,000–$650,000: 167 US cities (1%). Above this entry. $650,000–$675,000: 135 US cities (1%). Above this entry. $675,000–$700,000: 101 US cities (1%). Above this entry. $700,000–$725,000: 95 US cities (1%). Above this entry. $725,000–$750,000: 71 US cities (0%). Above this entry. $750,000–$775,000: 65 US cities (0%). Above this entry. $775,000–$800,000: 70 US cities (0%). Above this entry. $800,000–$825,000: 57 US cities (0%). Above this entry. $825,000–$850,000: 67 US cities (0%). Above this entry. $850,000–$875,000: 60 US cities (0%). Above this entry. $875,000–$900,000: 58 US cities (0%). Above this entry. $900,000–$925,000: 47 US cities (0%). Above this entry. $925,000–$950,000: 37 US cities (0%). Above this entry. $950,000–$975,000: 31 US cities (0%). Above this entry. $975,000–$1,000,000: 470 US cities (3%). Above this entry. $1,000,000–$1,025,000: 0 US cities (0%). Above this entry. Memphis $0 $1,025,000 every US city, bucketed by value

Each bar is a $25K-wide band; taller bars hold more US cities. The dashed line + filled bar mark this entry. Hover or tap any bar for its full count, share, and where it sits relative to this entry.

Source U.S. Census Bureau ACS 5-Year Estimates · 2023

Income distribution context

Household income distribution - Memphis, FL Memphis, FL's reported median household income shown against the U.S. national quintile-share pattern (not Memphis, FL-specific quintile data). The Lorenz curve traces the national cumulative income share against cumulative population share, perfect equality is the diagonal; observed inequality bows below. $ Household Income Distribution Memphis, FL median $71,967/yr, vs. U.S. national quintile pattern QUINTILE SHARE OF AGGREGATE INCOME Lowest 20% 3.4% Second 20% 9.2% Middle 20% 15.1% Fourth 20% 23.2% Top 20% 49.1% LORENZ CURVE cumulative income vs. population 100% 0% 100% pop. 0%
Memphis, FL's median household income (Census ACS 5-year estimate) plotted against the U.S. national income-quintile distribution pattern for context; the quintile shares and Lorenz curve are national figures, not computed specifically for Memphis, FL. Diagonal = perfect equality.

Key socioeconomic indicators

Bachelor's degree or higher (adults 25+) 20.4%

Census ACS S1501, educational attainment

Poverty rate (households below FPL) 17.5%

Census ACS S1701, poverty status

Labor force participation (adults 16+) 57.7%

Census ACS S2301, share of working-age residents in the labor force

Population
10,626
Median Income
$71,967
Median Home Value
$292,200
Median Age
35.8
Poverty Rate
17.5%
Labor force participation
57.7%
Bachelor's Degree+
20.4%

Commute Patterns

How workers travel to work, Census ACS 2023

Drive Alone
81.0%
Carpool
12.3%
Public Transit
0.0%
Walk
0.8%
Work from Home
4.7%
Other
1.2%

Based on 4,471 workers 16 and over.

Monthly Utility Costs

State-average estimates for Florida - EIA 2023 residential energy data

Electricity
$145
avg/month
Natural Gas
$25
avg/month
Water & Sewer
$55
avg/month
Total Utilities
$225
estimated/month

Estimates reflect Florida state averages. Actual costs vary by home size, usage, and local rates. Source: U.S. Energy Information Administration (EIA) 2023.

Living Costs & Risk

Cost of living is a Florida state average from BEA; rent and hazard risk are county-level figures from HUD and FEMA for the county Memphis sits in

Cost of Living Index
103.4
Above Average
US average = 100 · BEA RPP 2024
Typical 2-BR Rent
$1,958/mo
HUD Fair Market Rent
County-level FMR estimate
Natural Hazard Risk
97.6 / 100
Very High
FEMA NRI composite score (county)

Cities of a Similar Size Nationwide

Population-matched peers from other states, closest to Memphis's 10,626 residents (Census ACS 5-Year 2023).

Cities with a Similar Household Income Nationwide

Median-household-income-matched peers from other states, closest to Memphis's $71,967 (Census ACS 5-Year 2023, table B19013).

Race & Ethnicity Composition

Race and ethnicity - Memphis, FL Race categories sum to one hundred percent per Census methodology. Hispanic or Latino is shown separately as an ethnicity overlay; it cuts across all race categories per OMB Directive 15. Race & Ethnicity Composition Memphis, FL - Census ACS, OMB race + ethnicity categories RACE, sums to 100% 46.9% 29.4% 10.9% 11.6% ETHNICITY, Hispanic or Latino (any race) 35.4% White 46.9% Black or African American 29.4% Asian 0.9% American Indian 0.3% Native Hawaiian 0.0% Some other race 10.9% Two or more races 11.6% Per OMB Directive 15: Hispanic/Latino ethnicity is reported separately from the race categories.
Race categories sum to 100%. Hispanic or Latino ethnicity is reported separately and cuts across race per Census/OMB methodology.

City-level race and ethnicity, Census ACS 5-year 2023 (tables B02001, B03001), OMB Directive 15 categories.

How Memphis compares to nearby Florida cities

Population + median household income, sourced from Census Bureau ACS 5-year B01001 (population) and B19013 (median household income).

City Population Median Household Income
Memphis (this city) 10,626 $71,967
Alachua 10,638 $78,526
Pine Ridge CDP (Citrus County) 10,676 $66,131
Palatka 10,558 $33,628
Census ACS 5-year FIPS FL OMB Bulletin 23-01

What do people ask about Memphis, FL?

What is the population of Memphis, FL? +

10,626 people live in Memphis, FL according to U.S. Census Bureau ACS 2023 estimates.

What is the median household income in Memphis, FL? +

In Memphis, the typical household earns $71,967 per year, based on Census ACS 2023 data.

What is the cost of living in Memphis? +

BEA does not publish a city-level cost-of-living figure for Memphis; the closest available measure is the Florida state average, a cost of living index of 103.4 (U.S. average = 100), rated "Above Average" based on BEA Regional Price Parities 2024 data. Costs within Florida vary by metro area.

What is the median home value in Memphis, FL? +

Homes in Memphis carry a median value of $292,200, according to Census ACS 2023 estimates.

Source: U.S. Census Bureau ACS 5-Year 2023, Census ACS B08301/B08136, U.S. Energy Information Administration (EIA) 2023, BEA Regional Price Parities 2024, HUD Fair Market Rents 2026, FEMA National Risk Index.

Primary sources: Census ACS, FBI UCR, NOAA Climate Normals, NCES.

Citation & verification links Data sourced from the U.S. Census Bureau. See our methodology for details. Retrieved and formatted by PlainCities Editorial

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Every figure on PlainCities is rendered directly from Census ACS source data, no number is typed in by an editor. This page draws directly on Census ACS source data, no figure is typed in by an editor. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error.