HomeTennesseeShelby CountyMemphis
Memphis, Tennessee: commercial real estate data.
Memphis is a Census city of 618,980 people across 289.77 square miles of land, in Shelby County. Median household income is $51,736, 44.9 percent of occupied homes are owned, and the SBA record carries 341 7(a) approvals to borrowers here worth $213.9 m since FY2020.
Underlined figures are computed by MMCG Analytics, not published by the agency.
Memphis
What Memphis is
- Census place typecity
- Land area289.77 sq mi
- Water area8.95 sq mi
- Population per square mile of land2,136
- County holding the largest share of its areaShelby County, 100.0 percent
US Census Bureau, cartographic boundary file, places, 2024 vintage. US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Memphis
How many people live in Memphis
- Population618,980
- Median age34.2
- Population under 18156,215
- Share under 1825.2 percent
- Population 65 and over89,268
- Share 65 and over14.4 percent
- Households253,120
- Family households138,318
- Share of households that are families54.6 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Memphis
Income and work in Memphis
- Median household income$51,736
- Per capita income$33,100
- Civilian labor force305,079
- Employed279,732
- Unemployed25,347
- Unemployment rate8.3 percent
- Adults 25 and over404,390
- Adults 25 and over with a high school diploma or higher87.2 percent
- Adults 25 and over with a bachelor degree or higher28.0 percent
- Adults 25 and over with a graduate degree11.3 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Memphis
Housing in Memphis
- Housing units289,887
- Occupied units253,120
- Vacant units36,767
- Vacancy rate12.7 percent
- Owner occupied113,608
- Renter occupied139,512
- Ownership rate44.9 percent
- Median owner-occupied home value$169,000
- Median gross rent, monthly$1,181
- Annual rent as a share of median income27.4 percent
- Single family units187,383
- Share single family64.6 percent
- Units in buildings of two or more99,133
- Share in buildings of two or more34.2 percent
- Mobile homes3,213
- Median year structure built1970
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Memphis
How Memphis gets to work
- Workers 16 and over who commute249,117
- Commuting under 15 minutes59,128
- Share commuting under 15 minutes23.7 percent
- Commuting 30 minutes or more57,383
- Share commuting 30 minutes or more23.0 percent
- Drove alone76.2 percent
- Carpooled10.4 percent
- Public transport0.8 percent plus or minus 0.2
- Walked1.7 percent
- Worked from home9.2 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Memphis
SBA loans in Memphis (7(a))
- Approvals341
- Gross approval$213,892,400
- Average approval$627,250
- Median approval$307,500
- Ninetieth percentile approval$1,838,700
- Largest approval$5,000,000
- Jobs supported4,901
- Jobs per approval14.4
- Loans with a final outcome46
- Paid in full42
- Charged off4
- Charge-off rate over resolved loans8.7 percent
- Median term120 months
- Share on real estate terms of 20 years or more18.2 percent
- Share to franchises16.4 percent
- Distinct lenders71
- Distinct industries by NAICS148
Counted by borrower city: approvals to borrowers whose address is in Memphis, in any county, FY2020 to FY2026.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Memphis
SBA loans in Memphis (504)
- Approvals18
- Gross approval$24,855,000
- Average approval$1,380,833
- Median approval$688,500
- Largest approval$5,410,000
- Jobs supported241
- Loans with a final outcome3
- Charged off0
- Median term240 months
- Distinct CDCs5
Counted by borrower city: approvals to borrowers whose address is in Memphis, in any county, FY2010 to FY2026. Only 3 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Memphis
Flood risk in Memphis
- NFIP communityCity of Memphis
- NFIP community number470177
- Participating in the NFIPYes
- Community Rating System classNone
- Currently effective map date02/06/13
The City of Memphis participates in the National Flood Insurance Program as community 470177 and carries no Community Rating System class, so no CRS premium discount applies to it.
Federal Emergency Management Agency, NFIP Community Status Book (OpenFEMA), as of 2026-09-26.
Shelby County, not Memphis
Shelby County context, not Memphis figures
- Establishments in Shelby County19,359
- Covered employment, Shelby County482,470
- Average annual pay, Shelby County$71,518
- Housing units permitted, Shelby County2,061
Every figure in this section is published for Shelby County as a whole and is not a measurement of Memphis.
US Census Bureau, County Business Patterns, 2023. US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages. US Census Bureau, Building Permits Survey, 2024 annual.
Coverage
What this page does not hold.
Parcel detail, zoning and the flood zone at an address are not on this page; they resolve at the address in the platform. How this page was built →
Common questions
Memphis questions, answered from the record.
How many people live in Memphis, Tennessee?
618,980, in 253,120 households. Memphis city covers 289.77 square miles of land, which is 2,136 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Memphis in?
Shelby County, which holds 100.0 percent of the place by area. Source: US Census Bureau, cartographic boundary file, places, 2024 vintage.
What is the median household income in Memphis?
$51,736. The median owner-occupied home is valued at $169,000. Median gross rent is $1,181 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Memphis businesses?
341 7(a) approvals totaling $213.9 m since FY2020, across 71 lenders, median approval $307,500, plus 18 504 approvals worth $24.9 m since FY2010. These count approvals to borrowers whose address is in Memphis, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Memphis borrowers get paid back?
Of the 46 loans that have reached a final outcome, 42 were paid in full and 4 charged off, a charge off rate of 8.7 percent. Loans still running are excluded because they have not yet succeeded or failed.
Is Memphis in the National Flood Insurance Program?
Yes. Memphis appears in the FEMA Community Status Book as Memphis, city of, community 470177, with no Community Rating System class, so no CRS discount applies. Whether a specific parcel sits in a mapped special flood hazard area is an address level question the platform answers.
Are the county figures on this page Memphis figures?
No, and they are labeled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Shelby County as a whole and there is no place level equivalent. They appear in one clearly marked section as context and are never presented as measurements of Memphis.
Is zoning published for Memphis?
No. Nothing on this page presents parcel level zoning.
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