Memphis, TN
Population 629,063 · Memphis, TN-MS-AR MSA. Moving to or from Memphis? Below: current climate, cost-of-living, housing, demographic, and job-market figures from public federal data.
Population
629,063
Cost of living (RPP)
92.179
Annual avg temp
63°F
Typical home
$144,710
Demographics (ACS 5-year 2023)
| Median household income | $51,211 |
| Median age | 34.3 |
| Bachelor's degree or higher | 16.9% |
| Median home value (ACS) | $157,100 |
| Median gross rent | $1,123/mo |
| Avg household size | 2.47 |
Cost of living
Regional Price Parity: 92.179 (U.S. average = 100). Rents 74.097, goods 96.221, services 79.807. Source: BEA, Memphis, TN-MS-AR (Metropolitan Statistical Area) MSA (2024).
Climate (NOAA 1991–2020 normals)
Annual avg temp
63°F
January low
33°F
July high
92°F
Annual snow
2.7"
Annual precipitation 54.9". Station: MEMPHIS INTL AP, TN US (3.8 mi away).
Housing (Zillow, 2026-03)
Typical home value (ZHVI)
$144,710
ZHVI YoY
-3.1%
Typical rent (ZORI)
$1,247/mo
ZORI YoY
+0.9%
Data provided by Zillow.
Jobs in the Memphis, TN-MS-AR
Total employment (MSA)
625,340
Median wage (annual)
$43,400
Top occupations by employment
| Occupation | Employment | Median wage |
|---|---|---|
| Transportation and Material Moving Occupations | 106,230 | $38,330 |
| Office and Administrative Support Occupations | 83,120 | $40,640 |
| Food Preparation and Serving Related Occupations | 51,140 | $28,230 |
| Sales and Related Occupations | 50,680 | $32,680 |
| Healthcare Practitioners and Technical Occupations | 39,480 | $73,120 |
Source: BLS OEWS.
Closest destinations
Little Rock, AR 149 mi · 2h 45m Huntsville, AL 202 mi · 4h 10m Clarksville, TN 203 mi · 4h 12m Jackson, MS 208 mi · 3h 51m Tuscaloosa, AL 223 mi · 4h 25m Birmingham, AL 230 mi · 4h 15m Murfreesboro, TN 230 mi · 4h 18m Evansville, IN 288 mi · 5h 52m Springfield, MO 290 mi · 6h 1m St. Louis, MO 292 mi · 5h 21m