Also See Memphis, IN: ZIP Codes & Maps
The Memphis CDP(1) had a population of 1,142 as of July 1, 2023.
The primary coordinate point for Memphis is located at latitude 38.4834 and longitude -85.7616 in Clark County. The formal boundaries for the Memphis Census Designated Place encompass a land area of 2.6 sq. miles and a water area of 0.02 sq. miles. Clark County is in the Eastern time zone (GMT -5).
The Memphis Census Designated Place has a U1 Census Class Code which indicates a census designated place with an official federally recognized name. It also has a Functional Status Code of "S" which identifies a statistical entity.
The Memphis Census Designated Place is located within Township of Union, a minor civil division (MCD) of Clark County.
POPULATION | |
---|---|
Total Population | 1,142 (100%) |
Population in Households | 1,142 (100.0%) |
Population in Families | 927 (81.2%) |
Population in Group Quarters1 | 0 |
Population Density | 440 |
Diversity Index2 | 22 |
INCOME | |
Median Household Income | $87,460 |
Average Household Income | $99,836 |
% of Income for Mortgage4 | 15% |
Per Capita Income | $38,291 |
Wealth Index5 | 77 |
Socioeconomic Status Index6 | Moderate (62.1) |
HOUSING | |
---|---|
Total HU (Housing Units) | 455 (100%) |
Owner Occupied HU | 408 (89.7%) |
Renter Occupied HU | 30 ( 6.6%) |
Vacant Housing Units | 17 ( 3.7%) |
Median Home Value | $223,171 |
Average Home Value | $234,130 |
Housing Affordability Index3 | 167 |
HOUSEHOLDS | |
Total Households | 438 |
Average Household Size | 2.61 |
Family Households | 289 |
Average Family Size | 3.00 |
GROWTH RATE / YEAR |
2020-2023 | 2023-2028 |
---|---|---|
Population | 1.82% | 1.59% |
Households | 2.05% | 1.51% |
Families | 1.61% | |
Median Household Income | 3.12% | |
Per Capita Income | 2.48% | |
Owner Occupied HU | 1.57% |
The table below compares Memphis to the other 973 incorporated cities, towns and CDPs in Indiana by rank and percentile using July 1, 2023 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.
Variable Description | Rank | Percentile |
---|---|---|
Total Population | # 317 | 68th |
Population Density | # 663 | 32nd |
Median Household Income | # 127 | 87th |
Housing Affordability Index | # 684 | 70th |
Per Capita Income | # 295 | 70th |
Diversity Index | # 328 | 66th |
Additional comparisons and rankings can be made with a VERY EASY TO USE Indiana Census Data Comparison Tool.
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