HomeTexasHall CountyMemphis city
Memphis city, Texas: commercial real estate data.
Memphis city is a Census city of 2,174 people across 2.24 square miles of land, in Hall County. Median household income is $47,639, 72.8 percent of occupied homes are owned, and the SBA record carries 1 7(a) approvals to borrowers here worth $272,000.
70 sourced place values · tier FULL · 8 sections · underlined figures are computed by MMCG Analytics, not published by the agency
Memphis
What Memphis is
- Census place typecity
- Land area2.24 sq mi
- Water area0 sq mi
- Population per square mile of land969
- County holding the largest share of its areaHall 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
- Population2,174
- Median age40.6 plus or minus 8.8
- Population under 18497
- Share under 1822.9 percent
- Population 65 and over544
- Share 65 and over25.0 percent
- Households898
- Family households652
- Share of households that are families72.6 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$47,639 plus or minus $15,516
- Per capita income$25,023
- Civilian labor force938
- Employed841
- Unemployed97 plus or minus 64
- Unemployment rate10.3 percent plus or minus 6.7
- Adults 25 and over1,583
- Adults 25 and over with a high school diploma or higher82.2 percent
- Adults 25 and over with a bachelor degree or higher20.5 percent plus or minus 6.3
- Adults 25 and over with a graduate degree5.5 percent plus or minus 3.1
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Memphis
Housing in Memphis
- Housing units1,097
- Occupied units898
- Vacant units199 plus or minus 78
- Vacancy rate18.1 percent plus or minus 6.9
- Owner occupied654
- Renter occupied244 plus or minus 75
- Ownership rate72.8 percent
- Median owner-occupied home value$77,300 plus or minus $22,463
- Median gross rent, monthly$491 plus or minus $138
- Annual rent as a share of median income12.4 percent plus or minus 5.3
- Single family units1,005
- Share single family91.6 percent
- Units in buildings of two or more70 plus or minus 40
- Share in buildings of two or more6.4 percent plus or minus 3.6
- Mobile homes22 plus or minus 25
- Median year structure built1962
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 commute802
- Commuting under 15 minutes549 plus or minus 138
- Share commuting under 15 minutes68.5 percent plus or minus 13.8
- Commuting 30 minutes or more125 plus or minus 58
- Share commuting 30 minutes or more15.6 percent plus or minus 6.9
- Drove alone79.3 percent
- Carpooled19.3 percent plus or minus 7.8
- Public transport0.0 percent
- Walked0.0 percent
- Worked from home1.4 percent plus or minus 2.0
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Memphis
SBA loans in Memphis (7(a))
- Approvals1
- Gross approval$272,000
- Average approval$272,000
- Median approval$272,000
- Ninetieth percentile approval$272,000
- Largest approval$272,000
- Jobs supported4
- Jobs per approval4.0
- Loans with a final outcome0
- Paid in full0
- Charged off0
- Median term84 months
- Share on real estate terms of 20 years or more0.0 percent
- Share to franchises0.0 percent
- Distinct lenders1
- Distinct industries by NAICS1
A charge-off rate is not published here. only 0 resolved loans, too few to publish a rate, and a rate over that few outcomes would move several points on one loan.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Memphis
Flood risk in Memphis
- Listed NFIP communities1
- Of those, participating1
- NFIP community number480279
- Currently effective map date05/02/83
This community carries no Community Rating System class, so no CRS premium discount applies to it.
FEMA, National Flood Insurance Program Community Status Book, Community Status Book, as retrieved.
Hall County, not Memphis
Hall County context, not Memphis figures
These are Hall County figures. There is no place level equivalent published for any of them, so they are shown as the county backdrop and never as Memphis measurements.
- Establishments in Hall County62
- Employment at those establishments, Hall County439
- Covered employment, Hall County762
- Average annual pay, Hall County$38,203
- Average weekly wage, Hall County$735
- Housing units permitted, Hall County0
- Of those, single family, Hall County0
- County product, 2024, Hall County$105,819,000
- County product change over the prior year, Hall County-11.8 percent
- Average income of an arriving household, Hall County$69,687
Every figure in this section is published for Hall County as a whole and is not a measurement of Memphis. It is here because a county backdrop is what a credit committee reads a place against, and it is labelled so that it can never be quoted as the place's own.
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. US Bureau of Economic Analysis, Regional, table CAGDP2, CAGDP2, through 2024. US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Coverage
What this page does not hold.
Every item below could be filled with a plausible figure. None of them is. On a page a lender may read, a number that cannot be traced is worse than an absence, so the absences are named.
- Parcel level detail, zoning and flood zone at an address are resolved in the platform, not on this page.
SBA figures count approvals to borrowers whose address is in the place. They are not approvals for projects inside the place boundary: the tape records a borrower city and a project county, and those can differ.
Common questions
Memphis questions, answered from the record.
How many people live in Memphis, Texas?
2,174, in 898 households. Memphis city covers 2.24 square miles of land, which is 969 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?
Hall 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?
$47,639. The median owner-occupied home is valued at $77,300. Median gross rent is $491 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?
1 7(a) approvals totalling $272,000, across 1 lenders, median approval $272,000. 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?
No rate is published for Memphis. only 0 resolved loans, too few to publish a rate, and a percentage over that few outcomes would move several points on a single loan. The counts are shown instead.
Is Memphis in the National Flood Insurance Program?
Yes. Memphis appears in the FEMA Community Status Book as community 480279, 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 labelled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Hall 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?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning.
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