Memphis

Memphis, TN-MS-AR

TennesseePop. 1.3M#46 largest metro

Compare this city All TN metros

Median Rent

$1,200/mo

#349 most affordable

Median Income

$64,025

#322 highest income

Median Home Value

$265,200

#284 most affordable to buy

Population

1.3M

#46 largest metro

Cost of Living Index

BEA Regional Price Parities (US average = 100)

91.8COL Index

Affordable8.2% below US average

Very Affordable (≤80)US Avg (100)Very Expensive (≥130)

Housing

Relative to all 530 metros

Monthly Rent

$1,200/mo

Home Value

$265,200

Rent-to-income ratio22% of gross income

Monthly rent affordabilityModerate

Income & Economy

Household earnings data

Median Income

$64,025

Metro Population

1.3M

Monthly take-home (~75%)$4,002/mo

After-rent surplus (est.)$2,802/mo

National Rankings

Out of 530 metros

🏠

Affordability (rent)

#349/ 530

💰

Median Income

#322/ 530

🏡

Home Value (lowest)

#284/ 530

👥

Metro Population

#46/ 530

Education

Tennessee state-level education statistics

Graduation Rate89.5%

Per-Pupil Spending$12,431

Student-Teacher Ratio16.4:1

SAT Readiness Score1189

Bachelor's Degree %32.9%

Healthcare

Tennessee state-level healthcare access & outcomes

Physicians per 100K266

Uninsured Rate9.6%

Hospital Beds per 1K3

Life Expectancy76 yrs

Crime & Safety

Per 100,000 residents

Violent Crime Rate628/100k

Property Crime Rate2362/100k

Unemployment Rate3.8%

Crime rates are state-level averages and may not reflect this metro area specifically.

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Memphis

Cost of Living Index

Housing

Income & Economy

National Rankings

Education

Healthcare

Crime & Safety

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