What are the schools like in Memphis, MO?

Memphis is served primarily by SCOTLAND CO. R-I. The district operates 1 elementary schools, several middle schools, and 1 high schools with a student-to-teacher ratio of 9.1:1.

What is the median household income in Memphis?

The median household income in Memphis, MO is $40,745 according to the most recent US Census American Community Survey 5-year estimates. The unemployment rate is 2.9%.

What is the weather like in Memphis, MO?

Memphis has an average high temperature of 32.5°F in January and 85.8°F in July. Annual precipitation averages 38.8 inches and annual snowfall averages 19.3 inches.

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

Q: Is Memphis, MO affordable or expensive?

Memphis's cost of living index is 84, where 100 represents the national average. This means Memphis is 16% less expensive than the average US city. The median home value is $88,100 and the median rent is $443 per month.

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

Crime rate data for Memphis is not currently available from the FBI's reported data.

Is Memphis, MO a Good Place to Live?

Memphis is a small town of 1,862 in Missouri, with a median household income of $40,745 and a 2.9% unemployment rate. Its cost of living index is 84 (US average = 100), which is 16% below the national average.

Strengths: Memphis stands out for an affordable cost of living, below-average home prices, solid school ratings (B+), short average commutes.

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: 84.3

Memphis's overall cost of living index is 84.3, where 100 represents the US national average. Living in Memphis costs roughly 16% less than the average American city.

Metric	Memphis, MO	National Avg
Median Home Value	$88,100	$244,900
Median Monthly Rent	$443	$1,163
Homeownership Rate	67.3%	65.9%
Median Household Income	$40,745	$74,755

Crime & Safety

Crime data for Memphis is not currently available from the FBI's Uniform Crime Reporting program. Not all local agencies report to the UCR each year.

Schools & Education

Memphis is served primarily by SCOTLAND CO. R-I. The student-to-teacher ratio is 9.1:1 (better than the national average of ~16:1).

Metric	Memphis, MO	National Avg
School District	SCOTLAND CO. R-I	—
Elementary Schools	1	—
Middle Schools	N/A	—
High Schools	1	—
Student/Teacher Ratio	9.1:1	16:1
Bachelor's Degree or Higher	15.6%	35.4%
High School Diploma or Higher	91.9%	91.1%

Weather & Climate

Memphis sees average highs of 32.5°F in January and 85.8°F in July, with 38.8 inches of annual precipitation and 19.3 inches of snow per year.

Metric	Memphis, MO
Average High — January	32.5°F
Average High — July	85.8°F
Annual Precipitation	38.8"
Annual Snowfall	19.3"

Demographics

Metric	Memphis, MO	National Avg
Population	1,862	—
Median Age	36.4	38.9
Unemployment Rate	2.9%	3.7%
Avg Commute Time	13.4 min	26 min
White (non-Hispanic)	95.3%	59.3%
Black or African American	0.2%	13.6%
Hispanic or Latino	0.0%	18.9%
Asian	0.0%	6.3%
Under 18	25.7%	22.2%
65 and over	17.7%	16.8%

Nearby Cities

Arbela, MO 8 mi Granger, MO 10 mi South Gorin, MO 10 mi Downing, MO 11 mi Rutledge, MO 11 mi

ZIP Codes in Memphis

Memphis, MO is covered by 1 ZIP code:

63555

Memphis vs Other Cities

Memphis, MO vs Arbela, MO Memphis, MO vs Granger, MO Memphis, MO vs South Gorin, MO Memphis, MO vs Downing, MO Memphis, MO vs Rutledge, MO

Frequently Asked Questions

Is Memphis, MO affordable or expensive?

Memphis's cost of living index is 84, where 100 is the national average. That makes Memphis roughly 16% less expensive than a typical US city — a meaningful affordability advantage. The median home price is $88,100 and median rent is $443/month.

What is the crime rate in Memphis, MO?

Crime data for Memphis is not available in the current FBI UCR reporting year. Not all jurisdictions submit data annually.

What are the schools like in Memphis?

Public schools in Memphis are operated by SCOTLAND CO. R-I. The district has 1 elementary, several middle, and 1 high schools. The student-to-teacher ratio is 9.1:1. 15.6% of adults 25+ hold a bachelor's degree or higher.

Is Memphis, MO a good place to live?

Memphis, MO has a population of 1,862, a median household income of $40,745, and an unemployment rate of 2.9%. 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.

What is the weather like in Memphis?

Memphis averages 32.5°F in January and 85.8°F in July. Annual rainfall is 38.8 inches with about 19.3 inches of snow per year. Based on NOAA 30-year climate normals (1991–2020).

What ZIP codes are in Memphis?

Memphis, MO is covered by 1 ZIP code: 63555.

What is the population of Memphis?

The population of Memphis, Missouri is 1,862 with a median age of 36.4. 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 84 (100 = US average), median home $88,100, median household income $40,745, 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.