Memphis Metro Area, Tennessee
Metro Area Overview
As of 2007, Memphis Metro Area's population is 1,274,704 people. Since 2000, it has had a population growth of 5.77 percent.
The median home cost in Memphis Metro Area is $157,400. Home appreciation the last year has been -0.96 percent.
Compared to the rest of the country, Memphis Metro Area's cost of living is 22.60% Lower than the U.S. average.
Memphis Metro Area public schools spend $4,121 per student. The average school expenditure in the U.S. is $6,058. There are about 18 students per teacher in Memphis Metro Area.
The unemployment rate in Memphis Metro Area is 4.70 percent(U.S. avg. is 4.60%). Recent job growth is Positive. Memphis Metro Area jobs have Increased by 3.07 percent.
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People
The 2007 Memphis Metro Area, TN, population is 1,274,704. There are 279 people per square mile (population density).
Family in Memphis Metro Area, TN
The median age is 34.2. The US median is 37.6. 53.68% of people in Memphis Metro Area, TN, are married. 10.53% are divorced.
The average household size is 2.58 people. 21.81% of people are married, with children. 12.85% have children, but are single.
Race in Memphis Metro Area, TN
50.18% of people are white, 45.41% are black, 1.72% are asian, 0.23% are native american, and 2.40% claim 'Other'.
2.74% of the people in Memphis Metro Area, TN, claim hispanic ethnicity (meaning 97.26% are non-hispanic).
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Economy
The unemployment rate in Memphis Metro Area, TN, is 4.70%, with job growth of 3.07%. Future job growth over the next ten years is predicted to be 27.01%.
Memphis Metro Area, TN Taxes
Memphis Metro Area, TN,sales tax rate is 8.82%. Income tax is 0.26%.
Memphis Metro Area, TN Income and Salaries
The income per capita is $23,571, which includes all adults and children. The median household income is $46,038.
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| Unemployment Rate | 4.70% | 4.60% |
| Recent Job Growth | 3.07% | 1.40% |
| Future Job Growth | 27.01% | 11.90% |
| Sales Taxes | 8.82% | 6.00% |
| Income Taxes | 0.26% | 5.02% |
| Income per Cap. | $23,571 | $24,020 |
| Household Income | $46,038 | $44,684 |
| ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME | | |
| Income Less Than 15K | 15.98% | 13.64% |
| Income between 15K and 25K | 11.46% | 11.21% |
| Income between 25K and 35K | 11.82% | 11.46% |
| Income between 35K and 50K | 15.96% | 15.84% |
| Income between 50K and 75K | 18.96% | 19.28% |
| Income between 75K and 100K | 11.10% | 11.53% |
| Income between 100K and 150K | 9.45% | 10.70% |
| Income between 150K and 250K | 3.56% | 4.43% |
| Income between 250K and 500K | 1.20% | 1.31% |
| Income greater than 500K | 0.52% | 0.61% |
| POPULATION BY OCCUPATION | | |
| Management, Business, and Financial Operations | 13.37% | 13.61% |
| Professional and Related Occupations | 18.34% | 20.24% |
| Service | 13.94% | 14.75% |
| Sales and Office | 29.36% | 26.74% |
| Farming, Fishing, and Forestry | 0.29% | 0.74% |
| Construction, Extraction, and Maintenance | 9.16% | 9.48% |
| Production, Transportation, and Material Moving | 15.55% | 14.44% |
Housing
The median home value in Memphis Metro Area, TN, is $157,400. Home appreciation is -0.96% over the last year. The median age of Memphis Metro Area, TN, real estate is 28 years.
Memphis Metro Area, TN Apartments and Rentals
Renters make up 30.76% of the Memphis Metro Area, TN, population. 6.66% of houses and apartments in Memphis Metro Area, TN, are unoccupied (vacancy rate).
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| Median Home Age | 28 | 27 |
| Median Home Cost | $157,400 | $217,200 |
| Home Appreciation | -0.96% | 9.80% |
| Homes Owned | 62.60% | 64.07% |
| Housing Vacant | 6.66% | 14.48% |
| Homes Rented | 30.76% | 21.45% |
| Property Tax Rate | $11.11 | $13.28 |
| OWNER-OCCUPIED HOUSING UNITS BY VALUE | | |
| Less Than $20,000 | 2.22% | 3.01% |
| $20,000 to $39,999 | 4.61% | 4.37% |
| $40,000 to $59,999 | 11.21% | 5.74% |
| $60,000 to $79,999 | 15.12% | 7.07% |
| $80,000 to $99,999 | 14.17% | 8.41% |
| $100,000 to $149,999 | 21.84% | 19.74% |
| $150,000 to $199,999 | 13.49% | 14.06% |
| $200,000 to $299,999 | 10.32% | 16.59% |
| $300,000 to $399,999 | 3.44% | 8.21% |
| $400,000 to $499,999 | 1.57% | 4.53% |
| $500,000 to $749,999 | 1.19% | 4.75% |
| $1,000,000 or more | 0.40% | 1.86% |
| HOUSING UNITS BY YEAR STRUCTURE BUILT | | |
| 1999 to October 2005 | 11.38% | 10.15% |
| 1995 to 1998 | 8.54% | 6.69% |
| 1990 to 1994 | 8.66% | 6.70% |
| 1980 to 1989 | 15.38% | 14.75% |
| 1970 to 1979 | 18.45% | 17.11% |
| 1960 to 1969 | 14.57% | 12.78% |
| 1950 to 1959 | 11.62% | 11.64% |
| 1940 to 1949 | 5.76% | 6.64% |
| 1939 or Earlier | 5.65% | 13.55% |
Health
There are 256 physicians per capita in Memphis Metro Area, TN. The US average is 170.
Memphis Metro Area, TN Health Index
Air quality in Memphis Metro Area, TN is 23 on a scale to 100 (higher is better). This is based on ozone alert days and number of pollutants in the air, as reported by the EPA.
Water quality in Memphis Metro Area, TN is 66 on a scale to 100 (higher is better). The EPA has a complex method of measuring watershed quality using 15 indicators.
Superfund index is 72 on a scale to 100 (higher is better). This is upon the number and impact of EPA Superfund pollution sites in the county, including spending on the cleanup efforts.
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Crime
Memphis Metro Area, TN, violent crime, on a scale from 1 (low crime) to 10, is 3. Violent crime is composed of four offenses: murder and nonnegligent manslaughter, forcible rape, robbery, and aggravated assault. The US average is 3.
Memphis Metro Area, TN, property crime, on a scale from 1 (low) to 10, is 3. Property crime includes the offenses of burglary, larceny-theft, motor vehicle theft, and arson. The object of the theft-type offenses is the taking of money or property, but there is no force or threat of force against the victims. The US average is 3.
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Climate
Memphis Metro Area, TN, gets 57 inches of rain per year. The US average is 37. Snowfall is 1 inches. The average US city gets 25 inches of snow per year. The number of days with any measurable precipitation is 111.
On average, there are 217 sunny days per year in Memphis Metro Area, TN. The July high is around 91 degrees. The January low is 31. Our comfort index, which is based on humidity during the hot months, is a 30 out of 100, where higher is more comfortable. The US average on the comfort index is 44.
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Educate
Memphis Metro Area, TN, schools spend $4,121 per student. There are 18 pupils per teacher, 563 students per librarian, and 634 children per counselor in Memphis Metro Area, TN schools.
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Transportation
The average one-way commute in Memphis Metro Area, TN, takes 27 minutes. 81% of commuters drive their own car alone. 13% carpool with others. 1% take mass transit and 2% work from home.
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Cost of Living
Our cost of living indices are based on a US average of 100. An amount below 100 means Memphis Metro Area, TN is cheaper than the US average. A cost of living index above 100 means Memphis Metro Area, TN is more expensive.
Overall, Memphis Metro Area, TN cost of living is 77.40.
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Religion
42.68% of the people in Memphis Metro Area, TN are religious, meaning they affiliate with a religion. 4.52% are Catholic; 31.40% are Protestant; 0.39% are LDS; 5.39% are another Christian faith; 0.69% in Memphis Metro Area, TN are Jewish; 0.03% are an eastern faith; 0.26% affilite with Islam.
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| Percent Religious | 42.68% | 50.03% |
| Catholic | 4.52% | 21.92% |
| Protestant | 31.40% | 19.12% |
| LDS | 0.39% | 1.57% |
| Baptist | 20.99% | 8.16% |
| Episcopalian | 0.41% | 8.12% |
| Pentecostal | 1.51% | 1.89% |
| Lutheran | 0.57% | 2.81% |
| Methodist | 5.54% | 3.84% |
| Presbyterian | 2.38% | 1.33% |
| Other Christian | 5.39% | 4.66% |
| Jewish | 0.69% | 2.16% |
| Eastern | 0.03% | 0.05% |
| Islam | 0.26% | 0.54% |
Voting
52.29% of the people in Memphis Metro Area, TN are registered as Democrats. 47.05% are registered Republican. Remaining are independent: 0.66%.
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