Median Income
N/A
household / year
Median Home Value
$70,000
owner-occupied
Median Rent
N/A
gross / month
Cost of Living
90
national avg = 100

Is Memphis, AL a Good Place to Live?

Memphis is a small town of 23 in Alabama, with a median household income of N/A . Its cost of living index is 90 (US average = 100), which is 10% below the national average.

Strengths: Memphis stands out for an affordable cost of living, below-average home prices.

Trade-offs: No major red flags stand out in the available data. Whether Memphis is right for you depends on your priorities — the full breakdown is below.

All Memphis city data on this page comes from official government sources — the US Census Bureau, FBI, NCES, BEA, and NOAA — updated annually.

Cost of Living

Index: 90.0

Memphis's overall cost of living index is 90.0, where 100 represents the US national average. Living in Memphis costs roughly 10% less than the average American city.

Metric Memphis, AL National Avg
Median Home Value $70,000 $244,900
Median Monthly Rent N/A $1,163
Homeownership Rate 83.3% 65.9%
Median Household Income N/A $74,755

Crime & Safety

Very Safe

Memphis's violent crime rate is 165.6 per 100,000 residents — 56% lower than the national average of ~380 per 100,000.

Violent Crime
165.6 /100k
Property Crime
451.6 /100k

Vertical marker = national average. Source: FBI UCR Program.

Schools & Education

Metric Memphis, AL National Avg
School District N/A —
Elementary Schools N/A —
Middle Schools N/A —
High Schools N/A —
Student/Teacher Ratio N/A 16:1
Bachelor's Degree or Higher 25.0% 35.4%
High School Diploma or Higher 83.3% 91.1%

Weather & Climate

Memphis sees average highs of 54.9°F in January and 90.9°F in July, with 55.1 inches of annual precipitation and 0.4 inches of snow per year.

MetricMemphis, AL
Average High — January54.9°F
Average High — July90.9°F
Annual Precipitation55.1"
Annual Snowfall0.4"

Demographics

MetricMemphis, ALNational Avg
Population23—
Median Age48.338.9
Unemployment Rate0.0%3.7%
Avg Commute TimeN/A26 min
White (non-Hispanic)47.8%59.3%
Black or African American52.2%13.6%
Hispanic or Latino0.0%18.9%
Asian0.0%6.3%
Under 188.7%22.2%
65 and over43.5%16.8%

Nearby Cities

Memphis vs Other Cities

Frequently Asked Questions

Memphis's cost of living index is 90, where 100 is the national average. That makes Memphis roughly 10% less expensive than a typical US city — a meaningful affordability advantage. The median home price is $70,000 and median rent is N/A/month.
Memphis's violent crime rate is 165.6 per 100,000 residents — the national average is ~380 per 100,000. Property crime is 451.6 per 100,000 (national avg ~2,100). Data from the FBI Uniform Crime Reporting Program.
School district information is sourced from NCES Common Core of Data.
Memphis, AL has a population of 23, a median household income of N/A, and an unemployment rate of 0.0%. It offers below-average costs of living, which stretches take-home pay further than in most American cities. Whether it's right for you depends on your priorities — use the compare tool above to stack it against another city you're considering.
Memphis averages 54.9°F in January and 90.9°F in July. Annual rainfall is 55.1 inches with about 0.4 inches of snow per year. Based on NOAA 30-year climate normals (1991–2020).
The population of Memphis, Alabama is 23 with a median age of 48.3. Source: US Census ACS 5-Year Estimates.
Key numbers for living in Memphis: cost of living index 90 (100 = US average), median home $70,000, median household income N/A, crime index 35 (100 = US average, lower is safer). Whether these are benefits or drawbacks depends on where you're coming from — compare Memphis side by side with your current city to see the trade-offs.