Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 44.0 yrs |
|---|---|
| Avg HH Size | 2.41 |
| Below Poverty | 18.3% ▲ 83% above avg |
| College Grads | 30.8% ▼ 20% below avg |
| Unemployment | 10.8% ▲ 121% above avg |
| No HS Diploma | 40 (2.8%) |
| HS Graduate | 462 (32.7%) |
| Some College | 241 (17%) |
| Associates | 235 (16.6%) |
| Bachelors | 169 (12%) |
| Graduate Degree | 267 (18.9%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $46,667 ▼ 39% below avg |
|---|---|
| Median Home Value | $79,100 ▼ 72% below avg |
| Home/Income Ratio | 1.7x (nat avg ~3.5x) |
| Median Rent | $608/mo |
| Total Housing Units | 1,205 |
| Vacant Units | 273 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Memphis is a city in Texas, located in Hall County. The city spans 1 ZIP code and is home to approximately 2,291 residents. It is a middle-aged city, with a median age of 44 years.
Economically, Memphis is a working-class community. The median household income of $46,667 is below the national average. Approximately 18.3% of residents live below the poverty line. The unemployment rate is 10.8%, more than double the national average.
The real estate market in Memphis is one of the more affordable housing markets in the country. Median home values stand at $79,100, which is well below the national average. Renters typically pay around $608 per month. Homeownership is high at 75.0%, typical of suburban and family-oriented communities.
The population of Memphis is moderately educated. 30.8% of adults hold a bachelor's degree or higher — below the national average. The community is majority White (52.2%).
Memphis, TX offers residents a cost-conscious lifestyle within Texas.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 79245 | 2,291 | $46,667 | $79,100 | $608 | 10.8% | 30.8% | 75.0% |