Memphis SnackAbility
Overall SnackAbility
Cost of living in Memphis summary. We use data on the cost of living to determine how expensive it is to live in Memphis. Real estate prices drive most of the variance in cost of living around Florida. Key points include:
The cost of living in Memphis is 100 with 100 being average.
The cost of living in Memphis is 1.0x lower than the national average.
The median home value in Memphis is $328,363.
The median income in Memphis is $74,839.
Memphis's Overall Cost Of Living
Lower Than The National Average
Cost Of Living In Memphis Comparison Table
| Living Expense | Memphis | Florida | National Average |
|---|---|---|---|
| Overall | 100 | 104 | 100 |
| Services | 101 | 101 | 100 |
| Groceries | 103 | 105 | 100 |
| Health | 100 | 99 | 100 |
| Housing | 104 | 104 | 100 |
| Transportation | 112 | 109 | 100 |
| Utilities | 102 | 105 | 100 |
Source: Cost of living index, normalized to US average = 100
Memphis, FL Weather
The average high in Memphis is 82.0° and the average low is 63.9°.
There are 73.0 days of precipitation each year.
Expect an average of 55.3 inches of precipitation each year with 0.0 inches of snow.
| Stat | Memphis |
|---|---|
| Average Annual High | 82.0 |
| Average Annual Low | 63.9 |
| Annual Precipitation Days | 73.0 |
| Average Annual Precipitation | 55.3 |
| Average Annual Snowfall | 0.0 |
Average High
Days of Rain
Source: NOAA climate normals (30-year)
Rankings & Articles For Memphis
Locations Around Memphis
Map Of Memphis, FL
Best Places Around Memphis
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Memphis Demographics And Statistics
Population over time in Memphis
The current population in Memphis is 9,185. The population has increased 7.5% from 2010.
| Year | Population | % Change |
|---|---|---|
| 2024 | 9,185 | -13.6% |
| 2023 | 10,626 | -2.7% |
| 2022 | 10,923 | -0.8% |
| 2021 | 11,012 | 2.9% |
| 2020 | 10,702 | 10.9% |
| 2019 | 9,647 | 9.8% |
| 2018 | 8,788 | -1.5% |
| 2017 | 8,926 | 13.3% |
| 2016 | 7,878 | -3.4% |
| 2015 | 8,152 | -6.5% |
| 2014 | 8,722 | -4.8% |
| 2013 | 9,164 | 3.2% |
| 2012 | 8,879 | 2.4% |
| 2011 | 8,672 | 1.5% |
| 2010 | 8,544 | - |
Race / Ethnicity in Memphis
See the full breakdown
Memphis is:
35.4% White with 3,251 White residents.
28.6% African American with 2,627 African American residents.
0.0% American Indian with 0 American Indian residents.
1.2% Asian with 112 Asian residents.
0.0% Hawaiian with 0 Hawaiian residents.
0.0% Other with 0 Other residents.
3.3% Two Or More with 301 Two Or More residents.
31.5% Hispanic with 2,894 Hispanic residents.
| Race | Memphis | FL | USA |
|---|---|---|---|
| White | 35.4% | 50.4% | 57.4% |
| African American | 28.6% | 14.6% | 11.9% |
| American Indian | 0.0% | 0.1% | 0.5% |
| Asian | 1.2% | 2.9% | 5.9% |
| Hawaiian | 0.0% | 0.1% | 0.2% |
| Other | 0.0% | 0.7% | 0.6% |
| Two Or More | 3.3% | 3.8% | 4.3% |
| Hispanic | 31.5% | 27.4% | 19.3% |
Gender in Memphis
See the full breakdown
Memphis is 48.6% female with 4,464 female residents.
Memphis is 51.4% male with 4,721 male residents.
| Gender | Memphis | FL | USA |
|---|---|---|---|
| Female | 48.6% | 50.9% | 50.5% |
| Male | 51.4% | 49.1% | 49.5% |
Highest level of educational attainment in Memphis for adults over 25
See the full breakdown
7.0% of adults in Memphis completed < 9th grade.
9.0% of adults in Memphis completed 9-12th grade.
38.0% of adults in Memphis completed high school / ged.
14.0% of adults in Memphis completed some college.
10.0% of adults in Memphis completed associate's degree.
15.0% of adults in Memphis completed bachelor's degree.
7.0% of adults in Memphis completed master's degree.
0.0% of adults in Memphis completed professional degree.
0.0% of adults in Memphis completed doctorate degree.
| Education | Memphis | FL | USA |
|---|---|---|---|
| < 9th Grade | 7.0% | 5.0% | 4.0% |
| 9-12th Grade | 9.0% | 6.0% | 6.0% |
| High School / GED | 38.0% | 27.0% | 26.0% |
| Some College | 14.0% | 19.0% | 19.0% |
| Associate's Degree | 10.0% | 10.0% | 9.0% |
| Bachelor's Degree | 15.0% | 21.0% | 22.0% |
| Master's Degree | 7.0% | 9.0% | 10.0% |
| Professional Degree | 0.0% | 2.0% | 2.0% |
| Doctorate Degree | 0.0% | 1.0% | 2.0% |
Household Income For Memphis, Florida
See the full breakdown
5.2% of households in Memphis earn Less than $10,000.
1.0% of households in Memphis earn $10,000 to $14,999.
13.8% of households in Memphis earn $15,000 to $24,999.
6.8% of households in Memphis earn $25,000 to $34,999.
7.0% of households in Memphis earn $35,000 to $49,999.
16.6% of households in Memphis earn $50,000 to $74,999.
13.9% of households in Memphis earn $75,000 to $99,999.
16.7% of households in Memphis earn $100,000 to $149,999.
13.6% of households in Memphis earn $150,000 to $199,999.
5.5% of households in Memphis earn $200,000 or more.
| Income | Memphis | FL | USA |
|---|---|---|---|
| Less than $10,000 | 5.2% | 5.1% | 5.0% |
| $10,000 to $14,999 | 1.0% | 3.3% | 3.4% |
| $15,000 to $24,999 | 13.8% | 6.6% | 6.3% |
| $25,000 to $34,999 | 6.8% | 7.3% | 6.6% |
| $35,000 to $49,999 | 7.0% | 11.1% | 10.1% |
| $50,000 to $74,999 | 16.6% | 16.8% | 15.5% |
| $75,000 to $99,999 | 13.9% | 13.1% | 12.6% |
| $100,000 to $149,999 | 16.7% | 17.2% | 17.5% |
| $150,000 to $199,999 | 13.6% | 8.4% | 9.6% |
| $200,000 or more | 5.5% | 11.0% | 13.4% |
Source: U.S. Census ACS 5-year estimates (2024)
