In 2018, Memphis, TN had a population of 651k people with a median age of 34.3 and a median household income of $37,199. Between 2017 and 2018 the population of Memphis, TN declined from 652,231 to 650,632, a -0.245% decrease and its median household income declined from $39,333 to $37,199, a -5.43% decrease.
The 5 largest ethnic groups in Memphis, TN are Black or African American (Non-Hispanic) (65.5%), White (Non-Hispanic) (24.5%), White (Hispanic) (3.77%), Some Other Race (Hispanic) (2.65%), and Asian (Non-Hispanic) (1.5%). N/A% of the people in Memphis, TN speak a non-English language, and 95.8% are U.S. citizens.
The largest universities in Memphis, TN are University of Memphis (4,597 degrees awarded in 2017), Southwest Tennessee Community College (1,328 degrees), and The University of Tennessee-Health Science Center (939 degrees).
The median property value in Memphis, TN is $103,700, and the homeownership rate is 46.5%. Most people in Memphis, TN commute by Drove Alone, and the average commute time is 21.4 minutes. The average car ownership in Memphis, TN is 2 cars per household.