Housing Value★★★★★★★★★★3.7 / 5Home values compared with local household income.
Living in Memphis, TN
Explore Memphis and see how it fits the life you want to build.
Overall Match6.3 / 10
Baseline match from currently available location scores. Choose priorities to personalize it.
Memphis at a Glance
Key facts and current data
Population618,980
Median Household Income$51,736
Median Home Value$169,000
Median Gross Rent$1,181
Median Age34.2
Average Household Size2.4
Unemployment8.3%
Work From Home9.2%
Homeownership44.9%
Housing Vacancy12.7%
Source: U.S. Census Bureau, 2020-2024 ACS 5-Year.
Memphis is a major population center where neighborhood choice can substantially change the day-to-day relocation experience. Unemployment is elevated enough that job location and industry-specific opportunities deserve closer review.
Experience the Area
Experience Life in Memphis Before You Move
Explore Short-Term Stays in Memphis →Stay options powered by Stay22 · affiliate
NarrowTheList highly recommends you spend a week or two in Memphis and experience everyday life before deciding whether it is the right place to call home. Use that time to explore neighborhoods, drive your normal routes, shop where residents shop, and get a feel for the area at different times of day.
NarrowTheList Ratings
Data-driven starter ratings. More categories appear automatically as new datasets are added.
Housing & Cost of Living in Memphis
Current housing indicators from the U.S. Census Bureau
Median Home Value$169,000
Median Gross Rent$1,181
Homeownership44.9%
Housing Vacancy12.7%
Home values are comparatively balanced against local household income, although individual neighborhoods can still vary substantially. Renters make up a substantial share of the local housing market.
Jobs, Income & Remote Work
Employment and household-income context for Memphis, TN
Median Household Income$51,736
Unemployment8.3%
Work From Home9.2%
The reported unemployment rate is elevated enough to warrant a closer look at current local employment conditions. A meaningful share of employed residents work from home.
Population & Household Profile
Who lives in Memphis and how households are structured
Population618,980
Median Age34.2
Average Household Size2.4
Memphis is a large population center with enough scale for conditions to differ substantially across neighborhoods.
Source: U.S. Census Bureau, 2020-2024 ACS 5-Year. NarrowTheList presents these values as relocation context; conditions can vary within a community.
Climate & Weather in Memphis
Long-term NOAA climate normals and practical seasonal context
NOAA climate normals for Memphis point to hot summers, cool winters, substantial annual rainfall and occasional snowfall.
Average Summer High91.9°F
Average Winter Low33.3°F
Annual Rainfall54.9 in.
Annual Snowfall2.7 in.
Seasonal Life in Memphis
What the long-term climate pattern may mean for everyday living.
Spring
Spring is a good time to see how wetter conditions affect drainage, yards, commuting and the usability of outdoor spaces.
Summer
Summer heat is a meaningful part of daily life. During a trial stay, pay attention to afternoon comfort, cooling use, vehicle heat and how much outdoor activity shifts toward mornings and evenings.
Fall
Fall marks a substantial seasonal transition here. It is a useful time to judge how quickly temperatures change and whether that seasonal swing fits the lifestyle you want.
Winter
Winter is generally cool with limited snowfall. Heating needs still matter, but snow-related disruption should be less central than in colder markets.
Source: NOAA/NCEI U.S. Climate Normals, 1991–2020. Seasonal descriptions are relocation context derived from the available long-term normals, not a forecast.
Memphis is located in Shelby County, but city-level housing, income and neighborhood conditions can differ meaningfully from countywide averages. Shelby County. Current county foreclosure activity is classified as medium, adding another housing-market signal for buyers comparing conventional and distressed-property opportunities.
County Intelligence
Memphis & Shelby County
Medium
Foreclosure Activity
Memphis is located in Shelby County, Tennessee.
NarrowTheList uses county-level information alongside local community data because many factors that matter when choosing a place to live are measured beyond city boundaries. Housing, property taxes, employment, healthcare access and other regional characteristics can add useful context to the picture of life in Memphis.
Current NarrowTheList data for Memphis shows a population of about 618,980. These local figures become more useful when read together with county-level tax, housing, foreclosure and demographic conditions rather than treated as isolated city statistics.
Foreclosure Activity: Medium. Current signal uses NarrowTheList foreclosure-opportunity data until direct county delinquency and foreclosure datasets are connected.
For someone comparing homes, county boundaries can matter because taxes, public services, court and recording systems, assessment practices and housing-market conditions are often administered or reported at the county level. NarrowTheList keeps that county relationship attached to the community so future tax, foreclosure, housing and demographic data can be interpreted in the correct geographic context.
County relationship
Shelby County
How NarrowTheList uses it
County information is used as a supporting geographic layer, not as a substitute for local data. As more county datasets are added, NarrowTheList can use them to improve comparisons, ratings and relocation insights for Memphis.
For someone considering a move to Memphis, the available data currently points to employment conditions that make job-specific research important. These signals are most useful when considered alongside the specific neighborhood, commute and housing type that fit the household making the move.
Nearby Cities & Communities
Nearby incorporated cities, towns, villages and other municipalities shown by straight-line distance.