In 2023, Memphis, IN had a population of 928 people with a median age of 35.8 and a median household income of $116,852. Between 2022 and 2023 the population of Memphis, IN grew from 866 to 928, a 7.16% increase and its median household income grew from $86,875 to $116,852, a 34.5% increase.
The 5 largest ethnic groups in Memphis, IN are White (Non-Hispanic) (93.9%), Two+ (Non-Hispanic) (6.14%), White (Hispanic) (0%), Black or African American (Non-Hispanic) (0%), and Black or African American (Hispanic) (0%).
None of the households in Memphis, IN reported speaking a non-English language at home as their primary shared language. This does not consider the potential multi-lingual nature of households, but only the primary self-reported language spoken by all members of the household.
100% of the residents in Memphis, IN are U.S. citizens.
In 2023, the median property value in Memphis, IN was $233,600, and the homeownership rate was 88.3%.
Most people in Memphis, IN drove alone to work, and the average commute time was 26 minutes. The average car ownership in Memphis, IN was 2 cars per household.