Housing data for Memphis, TX
Memphis, TX has an estimated 2,174 residents and 1,097 homes (US Census Bureau, 2020–2024 American Community Survey).
It is a city in Hall County.
27.2% of households rent.
The median gross rent is $491 a month.
Figures last updated on .
- Residents
- 2,174 (±156)
- Housing units
- 1,097 (±93)
- Households that rent
- 27.2%
- Median gross rent
- $491
- Residents since 2015–2019
- −1.9%
Housing in Memphis at a glance
- Median rent: $491 median gross rent a month
- Rent by bedrooms: $518 median gross rent, 2 bedrooms (Small sample: wide margin of error)
- Rent burden: 34.4% of renters pay 30% or more of income
- Renters and owners: 27.2% of households rent
- Income and affordability: $47,639 median household income
- Home values: $77,300 median home value
- Homeowner costs: $1,150 median monthly cost with a mortgage
- Property taxes: $1,045 median real estate taxes a year
- Types of homes: 4.1% of homes are in buildings of 5 or more units
- Bedrooms: 67.6% of homes have 3 or more bedrooms
- Age of homes: 88.9% of homes were built before 1980
- Vacancy rate: 0.0% rental vacancy rate (Small sample: wide margin of error)
- Heating fuel: 66.8% heat with utility gas
- Commute and cars: 13.8 minutes average trip to work
- Crime reported to police: 196 violent crimes per 100,000 residents
- Growth: −1.9% residents since 2015–2019
- How long people stay: 25.4% moved in since 2020
- Crowding and facilities: 2.2% of homes have more than 1 person per room (Small sample: wide margin of error)
Memphis against Hall County, its state and the nation
| Memphis | Hall County | Texas | United States | |
|---|---|---|---|---|
| Residents | 2,174 (±156) | 2,820 (exact) | 30,188,424 (exact) | 334,922,499 |
| Housing units | 1,097 (±93) | 1,739 (±14) | 12,128,515 (±1,574) | 143,775,355 |
| Households that rent | 27.2% (±6.6 points) | 26.4% (±6.0 points) | 37.4% (±0.2 points) | 34.8% |
| Median gross rent | $491 (±$138) | $529 (±$101) | $1,403 (±$4) | $1,413 |
| Median household income | $47,639 (±$15,516) | $48,459 (±$7,802) | $78,476 (±$263) | $80,734 |
| Median home value | $77,300 (±$22,463) | $86,100 (±$22,075) | $283,800 (±$738) | $332,700 |
| Median real estate taxes (a year) | $1,045 (±$183) | $1,086 (±$177) | $4,232 (±$19) | $3,119 |
| Built before 1980 | 88.9% (±12.1 points) | 89.1% (±8.9 points) | 33.2% (±0.2 points) | 49.7% |
| Average commute | 13.8 minutes (±2.9) | 14.1 minutes (±2.5) | 26.7 minutes (±0.1) | 26.4 minutes |
| Households with broadband | 78.3% (±7.5 points) | 81.0% (±5.6 points) | 91.4% (±0.1 points) | 91.0% |
| Median age of residents | 40.6 years (±8.8) | 44.3 years (±4.8) | 35.6 years (±0.1) | 38.9 years |
Memphis covers 2.2 square miles of land, about 969 residents per square mile (Census Bureau Gazetteer).
How Memphis has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Residents | 2,215 (±131) | 2,174 (±156) | −1.9% | Not a measurable change |
| Housing units | 1,144 (±78) | 1,097 (±93) | −4.1% | Not a measurable change |
| Median gross rent | $517 (±$116) | $491 (±$138) | −5.0% | No measurable change after inflation |
| Median home value | $51,700 (±$7,495) | $77,300 (±$22,463) | +49.5% | No measurable change after inflation |
| Median household income | $33,079 (±$4,707) | $47,639 (±$15,516) | +44.0% | No measurable change after inflation |
| Median owner cost with a mortgage | $875 (±$241) | $1,150 (±$53) | +31.4% | No measurable change after inflation |
| Median real estate taxes | $745 (±$146) | $1,045 (±$183) | +40.3% | No measurable change after inflation |
| Households that rent | 37.3% (±7.8 points) | 27.2% (±6.6 points) | −10.1 percentage points | Not a measurable change |
| Rental vacancy rate | 12.2% (±7.9 points) | 0.0% (±18.4 points) | −12.2 percentage points | Not a measurable change |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Crime reported to police in Memphis
In 2025, the Memphis Police Department reported 196 violent and 147 property crimes per 100,000 residents to the FBI.
Across Hall County, the departments that report recorded 283 violent and 177 property crimes per 100,000 residents that year.
Places near Memphis
| Place | Distance | Median gross rent | Median home value | Households that rent |
|---|---|---|---|---|
| Lakeview | 9.6 mi | — | $34,600 | 22.2% |
| Hedley | 12 mi | $622 | $43,000 | 20.8% |
| Estelline | 14 mi | — | $64,400 | 0.0% |
| Wellington | 21 mi | — | $87,400 | 27.1% |
| Clarendon | 25 mi | $798 | $103,300 | 38.7% |
| Childress | 25 mi | $910 | $85,900 | 34.5% |
| Dodson | 30 mi | — | $106,300 | 22.2% |
| Howardwick | 30 mi | — | $90,000 | 1.7% |
Places in Texas most like Memphis
| Place | Median gross rent | Median home value | Median household income | Households that rent |
|---|---|---|---|---|
| Turkey | $554 | $99,300 | $49,450 | 23.4% |
| Quanah | $666 | $71,100 | $51,161 | 26.8% |
| Knox City | $579 | $62,700 | $42,344 | 25.2% |
| Crowell | $569 | $59,500 | $42,250 | 34.5% |
| Munday | $481 | $79,500 | $56,406 | 22.8% |
| De Leon | $610 | $72,600 | $46,771 | 33.5% |
Matched on rent, home value, income, the share who rent, the age of the homes, the share in apartment buildings and the commute, each measured against the spread across Texas.
HUD Fair Market Rent for Memphis, fiscal year 2027
| Studio | 1 bedroom | 2 bedrooms | 3 bedrooms | 4 bedrooms |
|---|---|---|---|---|
| $771 | $794 | $1,014 | $1,404 | $1,461 |
HUD income limits for Memphis, fiscal year 2026
| Household size | Extremely low (30%) | Very low (50%) | Low (80%) |
|---|---|---|---|
| 1 person | $17,600 | $29,300 | $46,900 |
| 2 people | $21,640 | $33,500 | $53,600 |
| 3 people | $27,320 | $37,700 | $60,300 |
| 4 people | $33,000 | $41,850 | $66,950 |
| 5 people | $38,680 | $45,200 | $72,350 |
| 6 people | $44,360 | $48,550 | $77,700 |
| 7 people | $50,040 | $51,900 | $83,050 |
| 8 people | $55,250 | $55,250 | $88,400 |
These are the limits HUD sets for its housing programs in the Hall County, TX, where HUD’s median family income for fiscal year 2026 is $59,400.
A program can use its own limits; tax-credit and local programs often do.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
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Questions about Memphis
What is the average rent in Memphis, TX?
The Census Bureau publishes the median rather than the average: the median gross rent in Memphis is $491 (±$138) a month (2020–2024 American Community Survey), so half of renting households pay less and half pay more.
Are renters in Memphis rent-burdened?
34.4% 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).
How many renters are there in Memphis?
Memphis has an estimated 244 (±75) renting households, 27.2% of its occupied homes (2020–2024 American Community Survey).
What is the median household income in Memphis?
The median household income in Memphis is $47,639 (±$15,516) a year (2020–2024 American Community Survey).
What is the average home value in Memphis, TX?
The Census Bureau publishes the median: $77,300 (±$22,463) for owner-occupied homes in Memphis (2020–2024 American Community Survey).
What is the average mortgage payment in Memphis?
The Census Bureau publishes total owner costs rather than the mortgage alone: the median for owners with a mortgage in Memphis, TX is $1,150 (±$53) a month, including taxes, insurance and utilities.
Is Memphis growing?
In Memphis, the number of residents went from 2,215 in 2015–2019 to 2,174 in 2020–2024 (−1.9%), not a measurable change.
Sources
- Demographic and Housing Estimates (DP05), 2020–2024 ACS 5-year estimates — Memphis city, Texas
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Memphis city, Texas
- Selected Economic Characteristics (DP03), 2020–2024 ACS 5-year estimates — Memphis city, Texas
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2020–2024 ACS 5-year estimates — Memphis city, Texas
- Selected Social Characteristics (DP02), 2020–2024 ACS 5-year estimates — Memphis city, Texas
- Total Population (B01003), 2015–2019 ACS 5-year estimates — Memphis city, Texas
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Memphis city, Texas
- HUD Fair Market Rents, fiscal year 2027: Hall County, TX
- HUD Income Limits, fiscal year 2026: Hall County, TX
- FBI Uniform Crime Reporting Program, Crime Data Explorer: Memphis Police Department (ORI TX0960100)
- FBI: Uniform Crime Reporting statistics and their proper use
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
- US Census Bureau, 2024 Gazetteer Files
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) for Memphis city, Texas (place:47616, in state:48).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B01003_001E, B01003_001M, B25064_001E, B25064_001M from the 2019 release.
The API needs a free key.
DP05_0001E, DP05_0001M, DP04_0001E, DP04_0001M, DP04_0047PE, DP04_0047PM, DP04_0134E, DP04_0134M, DP03_0062E, DP03_0062M, DP04_0089E, DP04_0089M
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 .