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

34.4% (±16.4 points) of renting households in Memphis, TX spend 30% or more of their household income on gross rent (2020–2024 American Community Survey).

31.1% spend 35% or more.

The median renting household spends 24.3% of its income on rent.

Figures last updated on .

Paying 30% or more
34.4% (±16.4 points)
Paying 35% or more
31.1% (±15.7 points)
Median share of income
24.3% (±6.6 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 rentMemphisHall CountyTexasUnited States
Less than 15%36.4% (±18.4 points)36.0%11.2%12.6%
15% to 19.9%2.6% (±4.1 points)10.0%12.3%12.2%
20% to 24.9%12.6% (±14.6 points)10.9%13.2%12.6%
25% to 29.9%13.9% (±11.3 points)16.1%11.6%11.5%
30% to 34.9%3.3% (±4.7 points)2.8%9.4%9.2%
35% or more31.1% (±15.7 points)24.2%42.3%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 Hall County, its state and the nation

Estimate (90% margin of error)
MemphisHall CountyTexasUnited States
Paying 30% or more34.4% (±16.4 points)27.0% (±13.1 points)51.7% (±0.3 points)51.1%
Paying 35% or more31.1% (±15.7 points)24.2% (±12.6 points)42.3% (±0.3 points)41.9%
Median share of income24.3% (±6.6 points)21.8% (±5.7 points)30.9% (±0.2 points)30.6%
Median renter household income$25,909 (±$14,061)$27,460 (±$9,529)$53,222 (±$285)$52,966
Median gross rent$491 (±$138)$529 (±$101)$1,403 (±$4)$1,413

In Memphis, the share of renters paying 30% or more of income is not measurably different from Hall County (27.0%).

It is also lower than in Texas (51.7%).

It is lower than the national figure (51.1%).

In Hall County, Memphis ranks 1 of 3 places with a published estimate, from highest to lowest share of renters paying 30% or more of income.

Statewide, it ranks 979 of 1,366.

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—34.4% (±16.4 points)—
Lakeview9.6 mi0.0% (±141.4 points)Not measurably different
Hedley12 mi0.0% (±95.0 points)Not measurably different
Wellington21 mi12.1% (±29.8 points)Not measurably different
Clarendon25 mi25.1% (±27.8 points)Not measurably different
Childress25 mi52.7% (±22.8 points)Not measurably different
Dodson30 mi100.0% (±141.4 points)Not measurably different
Howardwick30 mi100.0% (±141.4 points)Not measurably different
Turkey31 mi16.1% (±18.2 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 Hall County, place by place

RankPlaceRenters paying 30% or more of income
1Memphis34.4% (±16.4 points)
2Turkey16.1% (±18.2 points)
3Lakeview0.0% (±141.4 points)

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?

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).

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

The median renting household in Memphis, TX spends 24.3% (±6.6 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 city, Texas (place:47616, in state:48).

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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