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Memphis, IN

This is a small community in a single neighborhood. As throughout the site, some neighborhood-level data are reserved for subscribers.





Overview


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. There's nothing like the smell of a brand new house, and in Memphis, you'll find that a large proportion of houses were recently built. New growth in residential real estate is an indication that people are choosing to move to Memphis, and putting down their money on brand new construction. Memphis’s real estate is, on average, some of the newest in the nation. Memphis does seem to be experiencing an influx of affluent people, because 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.

Occupations and Workforce

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.

Setting & Lifestyle

Because of many things, Memphis is a great place for families with children to consider. First of all, many other families with children live here, making Memphis a place where both parents and children are more likely to develop social ties with other families, as well as find family-oriented services and community. The town’s good public school district and large population of college-educated adults provide an environment conducive to academic values. With regard to real estate, Memphis has a high rate of owner-occupied single family homes, which tends to reflect stability in the local community. Finally, Memphis’s overall crime rate is lower than average for the country.

Memphis is a small town, and as such doesn't have a public transit system that people use to get to and from their jobs every day.

Demographics

The percentage of people in Memphis who are college-educated is somewhat higher than the average US community of 21.84%: 26.41% of adults in Memphis 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.

Notable & Unique Neighborhood Characteristics

Many things matter about a neighborhood, but the first thing most people notice is the way a neighborhood looks and its particular character. For example, one might notice whether the buildings all date from a certain time period or whether shop signs are in multiple languages. This particular neighborhood in Memphis, the neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

People

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.

Diversity

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.

The Neighbors

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.

A neighborhood is far different if it is dominated by enlisted military personnel rather than people who earn their living by farming. It is also different if most of the neighbors are clerical support or managers. What is wonderful is the sheer diversity of neighborhoods, allowing you to find the type that fits your lifestyle and aspirations.

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.

Languages

The most common language spoken in the neighborhood is English, spoken by 96.9% of households. Some people also speak Spanish (2.4%).

Ethnicity / Ancestry

Culture is shared learned behavior. We learn it from our parents, their parents, our houses of worship, and much of our culture – our learned behavior – comes from our ancestors. That is why ancestry and ethnicity can be so interesting and important to understand: places with concentrations of people of one or more ancestries often express those shared learned behaviors and this gives each neighborhood its own culture. Even different neighborhoods in the same city can have drastically different cultures.

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.

Getting to Work

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.


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Economics & Demographics include:
Lifestyle & Special Character
Household Types
Commute To Work
Migration & Mobility
Race & Ethnic Diversity
Employment Industries & Occupations
Income & Unemployment Rate
Higher Education Attainment
Crime includes:
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Schools include:
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