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ZipNumbers

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

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