Memphis, AL population, income and ZIP codes

Memphis town is a very small community in Alabama, with 27 residents counted in the Census American Community Survey 2019-2023 ACS 5-year estimates, which places it #582 of 593 ranked by population — larger than 1% of them. The median age here is 23.8 years against 39.1 nationally, a distinctly younger profile, typical of places with students, military posts or a fast-growing family population. At this population the ACS sample is small, so the margin of error around every dollar figure below is wide — treat the numbers as a band, not a point, and expect them to move between annual releases without the place itself changing.

Households in Memphis town earn a median of $2,499 a year, 96.8% below the national figure of $78,538 and 96% below the $55,687 median for the 322 Alabama cities we cover. Median household income counts every pre-tax dollar arriving at an address — wages, self-employment, Social Security, pensions, interest and public assistance — for everyone living there, so multi-earner households pull the figure up even where individual pay is modest. Poverty reaches 40.7% of residents here, well above the 12.4% national rate, which is the single clearest signal in this dataset that median income here is carried by a narrow band of households.

The typical owner-occupied home in Memphis town is valued at $57,900, 80.9% below the national figure and 63% below the $158,200 peer median, while median gross rent runs not published a month. The home-price-to-income ratio works out to 23.2×, against roughly 3.9× nationally, so buying is out of reach on local earnings alone and the ownership market leans on outside income, equity or dual high earners. 78.6% of occupied homes are owner-occupied versus 65% nationally, so the market leans toward owners. Rent is reported gross — contract rent plus tenant-paid utilities — which is why it runs above the advertised price on a listing for the same unit.

Home values sit at 23.2× median household income, far past the 3.9× national mark, so ownership costs here are set by something other than local wages — second homes, retirees with equity, or commuters earning elsewhere. A median age of 23.8 means a large student or early-career population; income medians in places like this understate household resources, since many residents are supported from outside the address.

The Census withheld gross rent for Memphis town because the sample was too thin to publish at this geography. Those values were suppressed at the source, not lost in our dataset, and we do not model a replacement. Everything else on this page comes straight from the ACS 2019-2023 ACS 5-year tables.