Missouri · Census place 47270
Memphis city, MO
Quick answer
Memphis city has 1,860 residents, ranking #281 of 1082 places in Missouri. Median household income is $49,598, the median home is worth $117,200 and median gross rent runs $491 a month.
- Population
- 1,860Memphis city residents
- Median household income
- $49,598Past 12 months, inflation adjusted
- Median home value
- $117,200Owner-occupied units
- Median gross rent
- $491Rent plus utilities, monthly
- Median age
- 37 yrsAll residents
- Homeownership rate
- 71.8%Owner-occupied households
What the numbers mean in Memphis city
Housing cost measured against local earnings.
A household earning the Memphis city median would spend about 11.9% of gross income on the median rent. The 30% mark is the federal threshold for cost burden, so anything above it signals a stretched rental market. The median home costs 2.4× the median household income; nationally that ratio sits near 4.5×. Poverty affects 12.7% of residents and 71.8% of households own their home.
Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year
Compare with nearby places
Places of similar size in Missouri.
- Winchester city 1,914
- Hamilton city 1,909
- Milan city 1,883
- Albany city 1,855
- Weston city 1,852
- Huntsville city 1,806
- Lincoln city 1,795
Keep going
More Missouri coverage.