Memphis, TN Census Data
Key demographic and economic indicators for Memphis, Tennessee from the 2023 American Community Survey (ACS) 5-year estimates.
Updated: 2026-03-23 · Source: U.S. Census Bureau, ACS 2023
Population
629,063
47.5% male · 52.5% female
Median Age
34.3
4.4 below the national average (38.7 yrs)
Median Household Income
$51,211
27,327.0 below the national average ($78,538)
Bachelor's Degree or Higher
28.2%
6.8 below the national average (35.0%)
HS diploma or higher: 87.4%
Poverty Rate
22.5%
10.1 above the national average (12.4%)
Uninsured: 14.8%
Broadband Access
91.7%
2.0 above the national average (89.7%)
Median Home Value
$157,100
Median rent: $1,123 · 46% owner-occupied
Unemployment Rate
8.3%
Labor force participation: 58.5%
Demographics
Race & Ethnicity
Age Distribution
Commute to Work
Memphis, TN Frequently Asked Questions
What is the population of Memphis, TN?
The population of Memphis, TN is 629,063 according to the 2023 American Community Survey 5-year estimates. The median age is 34.3 years.
What is the median household income in Memphis?
The median household income in Memphis, TN is $51,211, below the national average of $78,538. Per capita income is $36,624.
What is the poverty rate in Memphis?
The poverty rate in Memphis, TN is 22.5%, compared to the national average of 12.4%. About 14.8% of residents lack health insurance.
What percentage of Memphis residents have a college degree?
28.2% of adults (25+) in Memphis hold a bachelor's degree or higher, and 87.4% have at least a high school diploma. The national average for bachelor's degree holders is 35.0%.
What is the median home value in Memphis?
The median home value in Memphis, TN is $157,100. Median rent is $1,123 per month, with 46% of housing units owner-occupied.
What is the racial makeup of Memphis?
Memphis's population is 25.0% White, 62.9% Black, 10.2% Hispanic or Latino, and 1.7% Asian (source: 2023 ACS).