How many renters in Memphis, FL pay more than 30% of their income on rent?

65.2% (±22.2 points) of renting households in Memphis, FL spend 30% or more of their household income on gross rent (2020–2024 American Community Survey).

57.1% spend 35% or more.

The median renting household spends 42.5% of its income on rent.

Figures last updated on .

Paying 30% or more
65.2% (±22.2 points)
Paying 35% or more
57.1% (±20.6 points)
Median share of income
42.5% (±27.0 points)

Rent as a share of income in Memphis

Renting households by gross rent as a percentage of household income, 2020–2024
Share of income spent on rentMemphisManatee CountyFloridaUnited States
Less than 15%20.3% (±14.5 points)8.1%8.1%12.6%
15% to 19.9%0.0% (±9.6 points)8.9%9.3%12.2%
20% to 24.9%12.4% (±12.7 points)10.7%11.3%12.6%
25% to 29.9%2.1% (±3.1 points)11.7%11.3%11.5%
30% to 34.9%8.1% (±8.3 points)9.6%9.8%9.2%
35% or more57.1% (±20.6 points)51.0%50.2%41.9%

Households whose income could not be measured against their rent (for example, those reporting no income) are left out of these shares, as the Census Bureau leaves them out.

Memphis against Manatee County, its state and the nation

Estimate (90% margin of error)
MemphisManatee CountyFloridaUnited States
Paying 30% or more65.2% (±22.2 points)60.6% (±2.7 points)60.0% (±0.4 points)51.1%
Paying 35% or more57.1% (±20.6 points)51.0% (±2.4 points)50.2% (±0.4 points)41.9%
Median share of income42.5% (±27.0 points)35.6% (±1.5 points)35.2% (±0.3 points)30.6%
Median renter household income$37,760 (±$37,749)$54,830 (±$2,063)$53,617 (±$353)$52,966
Median gross rent$1,173 (±$204)$1,671 (±$34)$1,669 (±$5)$1,413

In Memphis, the share of renters paying 30% or more of income is not measurably different from Manatee County (60.6%).

It is not measurably different from Florida (60.0%).

It is not measurably different from the national figure (51.1%).

In Manatee County, Memphis ranks 6 of 16 places with a published estimate, from highest to lowest share of renters paying 30% or more of income.

Statewide, it ranks 264 of 843.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

Renters paying 30% or more of income in places near Memphis

Nearest places with a published estimate, compared with Memphis
PlaceDistanceRenters paying 30% or more of incomeCompared with this place
Memphis—65.2% (±22.2 points)—
Palmetto1.8 mi58.2% (±17.2 points)Not measurably different
Ellenton2.2 mi48.0% (±31.0 points)Not measurably different
Bradenton4.0 mi66.4% (±5.5 points)Not measurably different
West Bradenton4.7 mi62.5% (±32.0 points)Not measurably different
Samoset4.8 mi68.6% (±28.1 points)Not measurably different
West Samoset5.2 mi51.6% (±16.5 points)Not measurably different
South Bradenton6.1 mi54.6% (±7.8 points)Not measurably different
Bayshore Gardens7.9 mi71.9% (±8.8 points)Not measurably different

None of the nearby places differs measurably from this one on this figure.

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Renters paying 30% or more of income across Manatee County, place by place

RankPlaceRenters paying 30% or more of income
1Anna Maria100.0% (±141.4 points)
2Holmes Beach95.9% (±11.5 points)
3Bayshore Gardens71.9% (±8.8 points)
4Samoset68.6% (±28.1 points)
5Bradenton66.4% (±5.5 points)
6Memphis65.2% (±22.2 points)
7Lakewood Ranch64.5% (±9.9 points)
8Whitfield63.3% (±41.1 points)
9West Bradenton62.5% (±32.0 points)
10Longboat Key59.3% (±24.9 points)
11Palmetto58.2% (±17.2 points)
12Bradenton Beach55.8% (±23.8 points)

Showing 12 of 16 places in Manatee County, ranked from highest to lowest.

Memphis is a census-designated place: an unincorporated community the Census Bureau draws for statistics, with no municipal government of its own.

Survey years: 2020–2024 (American Community Survey 5-year estimates).

Margins of error are at the 90% confidence level.

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Questions about Memphis

Are renters in Memphis rent-burdened?

65.2% of renting households in Memphis pay 30% or more of their income in gross rent, the share housing researchers usually call rent-burdened (2020–2024 American Community Survey).

What share of income do renters in Memphis spend on rent?

The median renting household in Memphis, FL spends 42.5% (±27.0 points) of its household income on gross rent.

Sources

To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) and detailed tables (acs/acs5) for Memphis CDP, Florida (place:44175, in state:12).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The API needs a free key.

Request a Census API key.

DP04_0136E, DP04_0136M, DP04_0137PE, DP04_0137PM, DP04_0138PE, DP04_0138PM, DP04_0139PE, DP04_0139PM, DP04_0140PE, DP04_0140PM, DP04_0141PE, DP04_0141PM, DP04_0142PE, DP04_0142PM, B25071_001E, B25071_001M, B25119_003E, B25119_003M

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.

Figures last updated on .

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