Memphis is a very small town located in the state of Indiana. With a population of 1,077 people and just one neighborhood, Memphis is the 315th largest community in Indiana. Memphis has seen a significant amount of newer housing growth in recent years. Quite often, new home construction is the result of new residents moving in who are middle class or wealthier, attracted by jobs, a healthy local economy, or other amenities as they leave nearby or far away areas for greener pastures. This seems to be the case in Memphis, where the median household income is $137,560.00.
Memphis real estate is some of the most expensive in Indiana, although Memphis house values don't compare to the most expensive real estate in the U.S.
Unlike some towns where white-collar or blue-collar occupations dominate the local economy, Memphis is neither predominantly one nor the other. Instead, it has a mixed workforce of both white- and blue-collar jobs. Overall, Memphis is a town of professionals, sales and office workers, and production and manufacturing workers. There are especially a lot of people living in Memphis who work in healthcare (26.12%), office and administrative support (20.66%), and computer science and math (6.63%).
Also of interest is that Memphis has more people living here who work in computers and math than 95% of the places in the US.
Memphis is a good choice for families with children because of several factors. Many other families with children live here, making it a place where both parents and children are more likely to develop social ties with other families. The town’s good public school district and large population of college-educated adults provide an environment conducive to academic success. Many people own their own single-family homes, providing areas for children to play and stability in the community. Finally, Memphis’s overall crime rate is lower than average for the country.
Being a small town, Memphis does not have a public transit system used by locals to get to and from work.
The overall education level of Memphis is somewhat higher than in the average US city of 21.84%: 26.41% of adults 25 and older in the town have at least a bachelor's degree.
The per capita income in Memphis in 2022 was $59,511, which is wealthy relative to Indiana and the nation. This equates to an annual income of $238,044 for a family of four.
The people who call Memphis home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Memphis residents report their race to be White. Important ancestries of people in Memphis include German, English, European, Irish, and Italian.
The most common language spoken in Memphis is English. Other important languages spoken here include Polish and African languages.
The way a neighborhood looks and feels when you walk or drive around it, from its setting, its buildings, and its flavor, can make all the difference. This neighborhood has some really cool things about the way it looks and feels as revealed by NeighborhoodScout's exclusive research. This might include anything from the housing stock to the types of households living here to how people get around.
In a nation where 1 out of every 4 children lives in poverty, the neighborhood stands out as being ranked among the lowest 0.0% of neighborhoods affected by this global issue.
In addition, priests and therapists would like to think they know the secrets to a truly successful marriage, but according to NeighborhoodScout's research, the folks of the neighborhood may actually hold the key. 69.8% of its residents are married, which is a higher percentage than is found in 96.3% of the neighborhoods in America.
Also, the neighborhood is a great option for families, as revealed by NeighborhoodScout's research on this neighborhood. The combination of top public schools, low crime rates, and owner-occupied single family homes, make this neighborhood among the top 8.2% of family-friendly neighborhoods in the state of Indiana. Many other families also live here, making it easy to socialize and develop a sense of community. In addition, families here highly value education, as is reflected by the strength of the local schools.
Did you know that the neighborhood has more Scots-Irish ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 3.5% of this neighborhood's residents have Scots-Irish ancestry.
There are two complementary measures for understanding the income of a neighborhood's residents: the average and the extremes. While a neighborhood may be relatively wealthy overall, it is equally important to understand the rate of people - particularly children - who are living at or below the federal poverty line, which is extremely low income. Some neighborhoods with a lower average income may actually have a lower childhood poverty rate than another with a higher average income, and this helps us understand the conditions and character of a neighborhood.
The neighbors in the neighborhood in Memphis are wealthy, making it among the 15% highest income neighborhoods in America. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 87.9% of the neighborhoods in America. In addition, 0.0% of the children seventeen and under living in this neighborhood are living below the federal poverty line, which is a lower rate of childhood poverty than is found in 100.0% of America's neighborhoods.
What we choose to do for a living reflects who we are. Each neighborhood has a different mix of occupations represented, and together these tell you about the neighborhood and help you understand if this neighborhood may fit your lifestyle.
In the neighborhood, 50.9% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is manufacturing and laborer occupations, with 22.4% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (15.3%), and 11.3% in sales and service jobs, from major sales accounts, to working in fast food restaurants.
The most common language spoken in the neighborhood is English, spoken by 96.9% of households. Some people also speak Spanish (2.4%).
Culture is the shared learned behavior of peoples. Undeniably, different ethnicities and ancestries have different cultural traditions, and as a result, neighborhoods with concentrations of residents of one or another ethnicities or ancestries will express those cultures. It is what makes the North End in Boston so fun to visit for the Italian restaurants, bakeries, culture, and charm, and similarly, why people enjoy visiting Chinatown in San Francisco.
In the neighborhood in Memphis, IN, residents most commonly identify their ethnicity or ancestry as German (21.1%). There are also a number of people of English ancestry (19.8%), and residents who report Irish roots (13.1%), and some of the residents are also of Scottish ancestry (4.7%), along with some Scots-Irish ancestry residents (3.5%), among others.
Even if your neighborhood is walkable, you may still have to drive to your place of work. Some neighborhoods are located where many can get to work in just a few minutes, while others are located such that most residents have a long and arduous commute. The greatest number of commuters in neighborhood spend between 15 and 30 minutes commuting one-way to work (58.4% of working residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (66.8%) drive alone in a private automobile to get to work. In addition, quite a number also carpool with coworkers, friends, or neighbors to get to work (11.5%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.