What are the schools like in Memphis, MI?

Memphis is served primarily by Memphis Community Schools. The district operates 1 elementary schools, several middle schools, and 1 high schools with a student-to-teacher ratio of 14.5:1.

What is the median household income in Memphis?

The median household income in Memphis, MI is $58,423 according to the most recent US Census American Community Survey 5-year estimates. The unemployment rate is 5.5%.

What is the weather like in Memphis, MI?

Memphis has an average high temperature of 30.1°F in January and 83.0°F in July. Annual precipitation averages 35.9 inches and annual snowfall averages 46.6 inches.

Memphis, MI Cost of Living, Crime & Is It a Good Place to Live? (2026)

Q: Is Memphis, MI affordable or expensive?

Memphis's cost of living index is 98, where 100 represents the national average. This means Memphis is 2% less expensive than the average US city. The median home value is $169,300 and the median rent is $841 per month.

Q: What is the crime rate in Memphis, MI?

Memphis has a violent crime rate of 94.8 incidents per 100,000 residents and a property crime rate of 379.1 per 100,000. The national average violent crime rate is approximately 380 per 100,000.

Is Memphis, MI a Good Place to Live?

Memphis is a small town of 1,150 in Michigan, with a median household income of $58,423 and a 5.5% unemployment rate. Its cost of living index is 98 (US average = 100), which is 2% below the national average.

Strengths: Memphis stands out for below-average home prices, lower-than-average crime, solid school ratings (B-).

Trade-offs: Potential downsides include longer commutes, an elevated unemployment rate. 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: 98.0

Memphis's overall cost of living index is 98.0, where 100 represents the US national average. Living in Memphis costs roughly 2% less than the average American city.

Metric	Memphis, MI	National Avg
Median Home Value	$169,300	$244,900
Median Monthly Rent	$841	$1,163
Homeownership Rate	70.8%	65.9%
Median Household Income	$58,423	$74,755

Crime & Safety

Very Safe

Memphis's violent crime rate is 94.8 per 100,000 residents — 75% lower than the national average of ~380 per 100,000.

Violent Crime

94.8 /100k

Property Crime

379.1 /100k

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

Schools & Education

Memphis is served primarily by Memphis Community Schools. The student-to-teacher ratio is 14.5:1 (better than the national average of ~16:1).

Metric	Memphis, MI	National Avg
School District	Memphis Community Schools	—
Elementary Schools	1	—
Middle Schools	N/A	—
High Schools	1	—
Student/Teacher Ratio	14.5:1	16:1
Bachelor's Degree or Higher	14.5%	35.4%
High School Diploma or Higher	84.5%	91.1%

Weather & Climate

Memphis sees average highs of 30.1°F in January and 83.0°F in July, with 35.9 inches of annual precipitation and 46.6 inches of snow per year.

Metric	Memphis, MI
Average High — January	30.1°F
Average High — July	83.0°F
Annual Precipitation	35.9"
Annual Snowfall	46.6"

Demographics

Metric	Memphis, MI	National Avg
Population	1,150	—
Median Age	46.3	38.9
Unemployment Rate	5.5%	3.7%
Avg Commute Time	31.2 min	26 min
White (non-Hispanic)	95.7%	59.3%
Black or African American	1.3%	13.6%
Hispanic or Latino	1.9%	18.9%
Asian	0.3%	6.3%
Under 18	18.4%	22.2%
65 and over	18.7%	16.8%

Nearby Cities

Richmond, MI 6 mi Emmett, MI 7 mi Armada, MI 7 mi Capac, MI 11 mi New Haven, MI 12 mi

ZIP Codes in Memphis

Memphis, MI is covered by 1 ZIP code:

48041

Memphis vs Other Cities

Memphis, MI vs Richmond, MI Memphis, MI vs Emmett, MI Memphis, MI vs Armada, MI Memphis, MI vs Capac, MI Memphis, MI vs New Haven, MI

Frequently Asked Questions

Is Memphis, MI affordable or expensive?

Memphis's cost of living index is 98, where 100 is the national average. That makes Memphis roughly 2% less expensive than a typical US city — a meaningful affordability advantage. The median home price is $169,300 and median rent is $841/month.

What is the crime rate in Memphis, MI?

Memphis's violent crime rate is 94.8 per 100,000 residents — the national average is ~380 per 100,000. Property crime is 379.1 per 100,000 (national avg ~2,100). Data from the FBI Uniform Crime Reporting Program.

What are the schools like in Memphis?

Public schools in Memphis are operated by Memphis Community Schools. The district has 1 elementary, several middle, and 1 high schools. The student-to-teacher ratio is 14.5:1. 14.5% of adults 25+ hold a bachelor's degree or higher.

Is Memphis, MI a good place to live?

Memphis, MI has a population of 1,150, a median household income of $58,423, and an unemployment rate of 5.5%. Whether it's right for you depends on your priorities — use the compare tool above to stack it against another city you're considering.

What is the weather like in Memphis?

Memphis averages 30.1°F in January and 83.0°F in July. Annual rainfall is 35.9 inches with about 46.6 inches of snow per year. Based on NOAA 30-year climate normals (1991–2020).

What ZIP codes are in Memphis?

Memphis, MI is covered by 1 ZIP code: 48041.

What is the population of Memphis?

The population of Memphis, Michigan is 1,150 with a median age of 46.3. Source: US Census ACS 5-Year Estimates.

What are the pros and cons of living in Memphis?

Key numbers for living in Memphis: cost of living index 98 (100 = US average), median home $169,300, median household income $58,423, crime index 22 (100 = US average, lower is safer), schools rated B-. 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.