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Memphis, TN-MS-AR Metro Area&

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Population
1.35M
0.21% growth
Median Age
36.4
Median Household Income
$49,809
2.65% growth
Poverty Rate
19.4%
Number of Employees
613,737
0.19% decline
Median Property Value
$142,400
1.86% growth

About the photo: The Memphis Arches, the Hernando DeSoto Bridge over the Mississippi River at sunset, looking west toward Arkansas.

Economy

The economy of Memphis, TN-MS-AR Metro Area employs 613,737 people. The economy of Memphis, TN-MS-AR Metro Area is specialized in Transportation & Warehousing; Wholesale trade; and Management of Companies & Enterprises, which employ respectively 2.51; 1.61; and 1.49 times more people than what would be expected in a location of this size. The largest industries in Memphis, TN-MS-AR Metro Area are Healthcare & Social Assistance (79,682), Retail trade (75,071), and Transportation & Warehousing (67,989), and the highest paying industries are Mining, Quarrying, Oil, Gas Extraction ($65,089), Management of Companies & Enterprises ($65,052), and Utilities ($52,542).

Median household income in Memphis, TN-MS-AR Metro Area is $49,809. Males in Memphis, TN-MS-AR Metro Area have an average income that is 1.45 times higher than the average income of females, which is $36,845. The income inequality of Memphis, TN-MS-AR Metro Area (measured using the Gini index) is 0.453 which is lower than the national average.

Wages

Median Household Income

Wage by Gender in Common Jobs

Wage by Race & Ethnicity in Common Jobs

Wage Distribution

Income by Location

Poverty by Age and Gender

Poverty by Race & Ethnicity

Occupations

Employment by Occupations

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Industries

Employment by Industries

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Health & Safety

Insurance and Medicare coverage combined with state and county level health and safety statistics for Memphis, TN-MS-AR Metro Area. In Mississippi the age groups most likely to have health care coverage are 6-17 and 6-17, men and women, respectively. The location has a 1 to 53 primary care clinician to patient ratio and a Medicare reimbursement average per patient per year of $10,540. Coahoma County, MS has the highest prevalence of homicides of any county in Arkansas.

Coverage

Clinician to Patient Rates

The closest comparable data for the metropolitan statistical area of Memphis, TN-MS-AR Metro Area is from the state of Mississippi.

Insurance Coverage by Age and Gender

Medicare Enrollment and Reimbursements by Location

Trends in Medicare Enrollment and Reimbursements

Hospital Care for Medicare Patients

Heart Disease and Pneumonia

Diabetes Care

Preventative Women’s Health Services

Health Risks

Opioid Use

Conditions and Diseases

Risky/Harmful Behaviors

Homicide & Crime

Diversity

Memphis, TN-MS-AR Metro Area is home to a population of 1.35M people, from which 96.9% are citizens. The ethnic composition of the population of Memphis, TN-MS-AR Metro Area is composed of 625,640 Black residents (46.5%), 590,773 White residents (43.9%), 71,568 Hispanic residents (5.32%), 27,249 Asian residents (2.02%), and 26,070 Two+ residents (1.94%). The most common foreign languages in Memphis, TN-MS-AR Metro Area are Spanish (56,718 speakers), Vietnamese (4,727 speakers), and African Languages (4,639 speakers), but compared to other places, Memphis, TN-MS-AR Metro Area has a relative high number of African Languages (4,639 speakers), Arabic (3,907 speakers), and Laotian (543 speakers).

Age

Age by Nativity

Heritage

Global Diversity

Citizenship

Race & Ethnicity

Non-English Speakers

Military

Veterans

Education

In 2015 universities in Memphis, TN-MS-AR Metro Area awarded 14,099 degrees. The student population of Memphis, TN-MS-AR Metro Area is skewed towards females, with 5,400 male students and 8,699 female students. Most students in Memphis, TN-MS-AR Metro Area are White (6,552 and 46.5%), followed by Black or African American (6,131 and 43.5%), Hispanic or Latino (360 and 2.55%), and Asian (353 and 2.5%). The largest universities in Memphis, TN-MS-AR Metro Area by number of graduates are University of Memphis (4,263 and 30.2%), Northwest Mississippi Community College (1,259 and 8.93%), and Southwest Tennessee Community College (1,119 and 7.94%). The most popular majors in Memphis, TN-MS-AR Metro Area are Registered Nursing (397 and 2.82%), Other Multidisciplinary Studies (345 and 2.45%), and General Business Administration & Management (271 and 1.92%). The median tuition costs in Memphis, TN-MS-AR Metro Area are $29,990 for private four year colleges, and $7,488 and $19,200 respectively, for public four year colleges for in-state students and out-of-state students.

Concentrations

Universities

Student Gender for Common Institutions

Student Race & Ethnicity

Housing & Living

The median property value in Memphis, TN-MS-AR Metro Area is $142,400, which is 0.69 times smaller than the national average of $205,000. Between 2015 and 2016 the median property value increased from $139,800 to $142,400, a 1.86% increase. The homeownership rate of Memphis, TN-MS-AR Metro Area is 57.9%, which is lower than the national average of 63.1%. People in Memphis, TN-MS-AR Metro Area have an average commute time of 23.5 minutes, and they commute by Drove Alone. Car ownership in Memphis, TN-MS-AR Metro Area is approximately the same as the national average, with an average of 2 cars per household.

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Property Taxes

Rent vs Own

Transportation

Car Ownership

Commute Time

Commuter Transportation

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