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United States / TN-MS-AR / Metro profile

Memphis.

1.34 million people live in the Memphis, TN-MS-AR Metro Area. Households earn a median $68,124 a year and median gross rent is $1,330 a month (ACS 2024).

Memphis, Tennessee cityscape
Memphis, Tennessee · Photo creditQuintin Soloviev · CC BY 4.0 · Resized and cropped.
The metro at a glance · ACS 2024

Memphis at a glance.

Households earn a median $68,124 a year. Educational services, and health care and social assistance is the largest employment sector among residents, at 22.6% of employed residents.

38% of commuters reach work in under 20 minutes, while 10% of all workers work from home. Median gross rent is $1,330 a month.

Everyday life · ACS 2024

Rent, commuting and remote work.

$1,330median monthly gross rent
37.9%commute under 20 minutes
9.9%work from home
What these numbers mean

Median gross rent includes contract rent plus tenant-paid utilities for renter-occupied units paying cash rent. It reflects existing tenants, not today’s advertised rents. Commute times cover workers age 16+ who do not work from home; work-from-home and transit shares cover all workers age 16+. Survey estimates have margins of error; small rank differences may not be statistically meaningful.

Census ACS 2024 · B25064 / B08303 / B08301 ↗
Income · ACS 2024
Median household income$68,124per year · ±$2,210
Per-capita income$38,828per resident · ±$1,264
US Census Bureau · ACS 2024 1-year via Census Reporter ↗
Job market · ACS 2024

The local economy.

Unemployment5.7%
Labor-force participation64.8%
IndustryShare of employed residents
Education & health
22.6%
Transport & utilities
12.5%
Retail trade
11.4%
US Census Bureau via Census Reporter · B23025 / B24030 ↗
Climate · 2001–2020 averages

Weather through the year.

July mean temperature82°F
Estimated monthly precipitation4.1in
27°59°91°JanFebMarAprMayJunJulAugSepOctNovDec
Keep exploring

Where to look next

All 58 metros
Where these numbers come fromData & methodology
Source
Census ACS 2024 one-year ↗Income, employment, rent and commuting via Census Reporter. Weather: NASA POWER / MERRA-2. Housing: Demographia 2026 edition · Read the source ↗
Period
2024ACS survey year 2024 · climate averages 2001–2020 · house prices Q3 2025
Coverage
Memphis, TN-MS-AR Metro Area31000US32820 · one of 58 metros. Housing-market boundaries, not city limits; source boundaries may differ from ACS metros.
Definition
Gross household income, not individual salaryGross rent includes tenant-paid utilities for existing tenants, not asking rent. Home prices exclude interest, tax, insurance and maintenance. Climate is a modelled average at one reference point, not live weather.

Ranks are ordinal positions among these 58 metros; survey margins of error are retained in the source data and small differences may not be statistically meaningful. Data definitions and sources also appear in each section. Memphis, Tennessee photograph: Quintin Soloviev · CC BY 4.0, via Wikimedia Commons; resized and cropped. Related-metro thumbnails are credited on their own profiles. Climate reference point: 35.01°, -89.82°.

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