Memphis, MO Demographics

The total population of Memphis is estimated to be 1,862 with 806 males (43.29%) and 1,056 females (56.71%). There are 250 more females than males in Memphis.
The median household income in Memphis was $41,176 in 2021, which marked an a decrease of 2,079(4.81%) from $43,255 in 2020. This income is 55.19% of the U.S. median household income of $74,606 (all incomes in 2022 inflation-adjusted dollars).
Per the latest American Community Survey by the Census Bureau, Memphis sees its highest median household income among householders in the age group of 25 to 44 years old, at $58,369. Overall, the median household income for the city of Memphis stands at $41,176.
In Memphis, the median income for all workers aged 15 years and older, regardless of work hours, was $33,400 for males and $21,430 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $58,324 for males and $31,643 for females.
In Memphis, population is primarily represented by White households, reporting a median income of $41,008.
In 2022, the population of Memphis was 1,707, a 0.87% decrease year-by-year from 2021. Previously, in 2021, Memphis's population was 1,722, a decline of 0.40% compared to a population of 1,729 in 2020.
The median age in Memphis, MO is 41.1, as per 2021 ACS 5-Year Estimates. Of the total population, 16.98% were under the age of 15, 20.47% aged 15 to 29, 42.08% aged 30 to 64, 14.95% aged 65 to 84, and 5.53% were 85 years of age and older.
Racial distribution of Memphis population: 97.01% are White, 0.06% are Black or African American and 2.93% are multiracial.