Memphis Real Estate in Tennesse |
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| Demographic and Housing Market Data for Memphis: |
| Education Levels |
Memphis |
Shelby County |
Tennessee |
United States |
| K-12 |
31% |
28% |
37% |
31% |
| High School Diploma |
17% |
16% |
21% |
19% |
| College Graduate |
8% |
10% |
9% |
28% |
| Post Graduate |
4% |
4% |
3% |
4% |
| Census Data |
Memphis |
Shelby County |
Tennessee |
United States |
| Population |
727,393 |
906,606 |
5,644,957 |
281,422,131 |
| Area in square miles |
370 |
844 |
41,536 |
3,554,141 |
| People per sq. mi. |
1,964 |
1,074 |
136 |
79 |
| Median Age |
28 |
30 |
37 |
36 |
| Median Family Income |
$22,634 |
$30,750 |
$37,296 |
$40,591 |
| Civilians |
44% |
46% |
47% |
46% |
| Armed Forces |
0% |
0% |
0% |
0% |
| Not in Labor Force |
27% |
26% |
29% |
28% |
| Real Estate Market Data |
Memphis |
Shelby County |
Tennessee |
United States |
| Total Housing Units |
153,965 |
201,588 |
1,196,740 |
115,904,743 |
| Average Home Price |
$114,482 |
$139,376 |
$131,001 |
$173,585 |
| Median Rental Price |
$287 |
$331 |
$301 |
$471 |
| Owner Occupied |
55% |
59% |
64% |
60% |
| Rental Units |
38% |
34% |
28% |
31% |
| Vacant Units |
7% |
7% |
8% |
9% |
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