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. Much of the housing stock in Memphis was built relatively recently. The construction of new real estate can often be taken as an indication that the local Memphis economy is robust, and that jobs or other amenities are attracting an influx of new residents. 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.
Memphis is neither predominantly blue-collar nor white-collar, instead having a mixed workforce of both blue-collar and white-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.
Because of many things, Memphis is a very good place for families to consider. With an enviable combination of good schools, low crime, college-educated neighbors who tend to support education because of their own experiences, and a high rate of home ownership in predominantly single-family properties, Memphis really has some of the features that families look for when choosing a good community to raise children. Is Memphis perfect? Of course not, and if you like frenetic nightlife, it will be far from your cup of tea. But overall this is a solid community, with many things to recommend it as a family-friendly place to live.
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.
Of note is NeighborhoodScout's research finding that the neighborhood has some of the lowest rates of children living in poverty of any neighborhood in the United States. In a nation where approximately 1 in 4 children are living in poverty, the community truly stands out from the rest in this regard.
In addition, astoundingly, NeighborhoodScout's research reveals that this single neighborhood has a higher concentration of married couples living here than 96.3% of all U.S. neighborhoods. Whether they have school-aged children or not, married couples are the rule in the neighborhood. If you are a married couple, you may find many people here with a similar lifestyle, and perhaps common interests. But if you are single, you might not find many other singles here.
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.
How wealthy a neighborhood is, from very wealthy, to middle income, to low income is very formative with regard to the personality and character of a neighborhood. Equally important is the rate of people, particularly children, who live below the federal poverty line. In some wealthy gated communities, the areas immediately surrounding can have high rates of childhood poverty, which indicates other social issues. NeighborhoodScout's analysis reveals both aspects of income and poverty for this 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.
How you get to work – car, bus, train or other means – and how much of your day it takes to do so is a large quality of life and financial issue. Especially with gasoline prices rising and expected to continue doing so, the length and means of one's commute can be a financial burden. Some neighborhoods are physically located so that many residents have to drive in their own car, others are set up so many walk to work, or can take a train, bus, or bike. 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.