City profile · Indiana · Census ACS 2023

Memphis, IN

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.

928
Residents
$116,852
Median income
$233,600
Median home
$1,272
Median rent (state)

Memphis - the verdict

Out of every US city with 1,000+ residents, Memphis places in the 86th percentile for household income. Source: Census ACS.

86th
percentile, household income
52nd
percentile, home value
43rd
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, IN

Census ACS 2023 estimates count 928 residents in Memphis, a small town within Indiana. The typical household in Memphis brings in $116,852 a year, placing it in the top quartile of U.S. cities for household income, with a poverty rate of 0.0%. Typical homes in Memphis are valued around $233,600, and the median resident age is 35.8 years. 22.0% of adults here have a bachelor's degree or higher; 88.7% of working-age residents are in the labor force.

Living costs in Indiana run below the national norm: the state registers 93.3 on a 100-equals-national-average index (Below Average) per BEA Regional Price Parities 2024. A typical two-bedroom carries a HUD Fair Market Rent of $1,272 per month statewide. EIA 2023 residential energy data puts Indiana's average monthly utility costs around $235 (state average). Commute times here average 25.3 minutes, with 69.5% driving alone and 2.9% working from home, per Census ACS commuting data. On FEMA's National Risk Index, this area rates 81.4 out of 100 for natural-hazard exposure (High).

Population

928 residents

Census ACS 2023 - Indiana

Median Household Income

$116,852 /yr

Poverty 0.0%

Cost of Living Index (state)

93.3 (US=100)

Below Average - BEA RPP 2024, Indiana average

How does Memphis compare to other US cities?

Here's how Memphis stacks up against the full field of US cities (population 1,000+), computed live from Census and FBI data.

Household income 86% higher than other cities
Home value 52% pricier than other cities
Median rent 43% 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

Each percentile compares Memphis against every qualifying US city; each in-state rank narrows that to Indiana only. Full formula and direction notes: methodology.

Indiana-relative analysis

Poverty Rate places Memphis near the bottom of Indiana's cities

Among the 849 Indiana cities PlainCities tracks with reported poverty rate data, Memphis ranks #638 - the 0th percentile within the state. This is a different, narrower cut than the nationwide percentiles above: it compares Memphis only against its own state's cities, not the full US field.

Median Household Income
#45 of 766
94th percentile in Indiana
Median Gross Rent
#179 of 850
76th percentile in Indiana
Median Home Value
#112 of 771
85th percentile in Indiana
Poverty Rate
#638 of 849
0th percentile in Indiana
Bachelor's Degree or Higher
#249 of 850
71st percentile in Indiana

Ranked by raw value (highest first); a higher rank is not automatically "better" for every measure, see each metric's own context above. This is a comparison within Indiana only, not a livability score. See the methodology for the source and calculation.

86thIncome percentile

86th 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+)

$233,600 48th percentile more affordable than 48% 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%). This entry sits in this band. $250,000–$275,000: 754 US cities (5%). Above this entry. $275,000–$300,000: 712 US cities (5%). Above this entry. $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, IN Memphis, IN's reported median household income shown against the U.S. national quintile-share pattern (not Memphis, IN-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, IN median $116,852/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, IN'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, IN. Diagonal = perfect equality.

Key socioeconomic indicators

Bachelor's degree or higher (adults 25+) 22.0%

Census ACS S1501, educational attainment

Poverty rate (households below FPL) 0.0%

Census ACS S1701, poverty status

Labor force participation (adults 16+) 88.7%

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

Population
928
Median Income
$116,852
Median Home Value
$233,600
Median Age
35.8
Poverty Rate
0.0%
Labor force participation
88.7%
Bachelor's Degree+
22.0%

Commute Patterns

How workers travel to work, Census ACS 2023

Average Commute Time
25.3 minutes
Drive Alone
69.5%
Carpool
27.6%
Public Transit
0.0%
Walk
0.0%
Work from Home
2.9%

Based on 627 workers 16 and over.

Monthly Utility Costs

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

Electricity
$110
avg/month
Natural Gas
$80
avg/month
Water & Sewer
$45
avg/month
Total Utilities
$235
estimated/month

Estimates reflect Indiana 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 Indiana 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
93.3
Below Average
US average = 100 · BEA RPP 2024
Typical 2-BR Rent
$1,272/mo
HUD Fair Market Rent
County-level FMR estimate
Natural Hazard Risk
81.4 / 100
High
FEMA NRI composite score (county)

Similar Cities in Indiana

Gilmer Park
929 people
Colfax
926 people
Palestine
925 people
Goodland
923 people
Converse
912 people
Hamlet
910 people

Cities of a Similar Size Nationwide

Population-matched peers from other states, closest to Memphis's 928 residents (Census ACS 5-Year 2023).

Cobb, CA
928 people
Pine River, MN
928 people
Griggstown, NJ
928 people
Amenia, NY
928 people
Lake George, NY
928 people
Belwood, NC
928 people

Cities with a Similar Household Income Nationwide

Median-household-income-matched peers from other states, closest to Memphis's $116,852 (Census ACS 5-Year 2023, table B19013).

Ham Lake, MN
$116,845 median income
Southern Shores, NC
$116,859 median income
Ken Caryl, CO
$116,838 median income
Odessa, FL
$116,870 median income
Audubon, NJ
$116,900 median income
Clancy, MT
$116,800 median income

Race & Ethnicity Composition

Race and ethnicity - Memphis, IN 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, IN - Census ACS, OMB race + ethnicity categories RACE, sums to 100% 93.9% 6.1% ETHNICITY, Hispanic or Latino (any race) 0.0% White 93.9% Black or African American 0.0% Asian 0.0% American Indian 0.0% Native Hawaiian 0.0% Some other race 0.0% Two or more races 6.1% 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 Indiana 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) 928 $116,852
Gilmer Park 929 $61,184
Colfax 926 $61,964
Palestine 925 $89,924
Census ACS 5-year FIPS IN OMB Bulletin 23-01

What do people ask about Memphis, IN?

What is the population of Memphis, IN? +

Memphis, IN has a population of 928 according to U.S. Census Bureau ACS 2023 estimates.

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

The median household income in Memphis is $116,852 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 Indiana state average, a cost of living index of 93.3 (U.S. average = 100), rated "Below Average" based on BEA Regional Price Parities 2024 data. Costs within Indiana vary by metro area.

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

Memphis's median home value sits at $233,600, 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.

Read our methodology - how this data is sourced, computed, and verified.

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

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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.