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  2. /Tennessee
  3. /Shelby County
  4. /Memphis
MSAMemphis#1/24 Population

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Showing latest census year. Full demographic history available with a paid plan. View plans →

Demographics — 2023 ACS 5-Year Estimatesi

Census

Populationi

629,063

Median Agei

34.3

Race & Ethnicityi

Black
62.7%394,321
White
22.9%144,274
Hispanic/Latino
10.2%64,067
Two or More
2%12,844
Asian
1.7%10,870
Other
0.3%2,170
American Indian/Alaska Native
0%283
Native Hawaiian/Pacific Islander
0%234

Educational Attainment (Age 25+)i

GED/Alternative
3.9%16,004
High School Diploma
26.7%110,096
Some College (<1 yr)
5.3%22,013
Some College (1+ yr)
17.2%70,759
Associate's Degree
6.1%25,158
Bachelor's Degree
16.9%69,541
Master's Degree
7.9%32,616
Professional Degree
2%8,294
Doctorate
1.4%5,656
HS or Higher
87.4%
BA or Higher
28.2%
Graduate+
11.3%

Housingi

Median Home Valuei

$157,100

Median Renti

$1,123

Tenure

Owner-Occupied
46%117,061
Renter-Occupied
54%137,469

Total Units

292,290

Homeownership

46%

Vacancy Rate

12.9%

Economyi

Median Household Incomei

$51,211

Mean Household Incomei

$77,102

Per Capita Incomei

$32,314

Poverty Ratei

22%

Unemploymenti

8.2%

Labor Forcei

311,652

Federally Subsidized Housingi

HUD

The federal government helps low-income families, seniors, and people with disabilities afford housing through several programs. Residents typically pay about 30% of their income toward rent, with the government covering the rest. This data shows how many households in this community receive that assistance.

Subsidized Homesi

17,014

Residentsi

36,288

Avg. Tenant Renti

$289/mo

Avg. Waitlisti

29 months

Programs in this community

Public Housing1,239 homes94% occupied$398/mo rent

Government-owned housing managed by local housing authorities

Housing Choice Vouchers1,126 homes92% occupied$319/mo rent

Rental vouchers (Section 8) that help tenants pay for private-market housing

Project Based Section 86,412 homes89% occupied$257/mo rent

Privately owned apartments with rent subsidies tied to the building

202/PRAC408 homes97% occupied$371/mo rent
811/PRAC139 homes88% occupied$339/mo rent

Household Incomei

Based on area median of $51,211/yr

Extremely low incomeUnder $15K/yr
84.7%
Very low income$15K–$26K/yr
13.1%
Low income$26K–$41K/yr
2.1%
Moderate / aboveOver $41K/yr
0.1%

Who Receives This Housing

74.2% of subsidized households are headed by a single mother

93% of subsidized households are minority

18.3% of subsidized households include someone with a disability

44.6% of subsidized households include a senior (62+)

Social Characteristicsi

Veteransi

26,212(5.6% of civilian adults)