Also See Memphis, IN: ZIP Codes & Maps
The Memphis CDP(1) had a population of 1,168 as of July 1, 2024.
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 | 1,168 (100%) |
Population in Households | 1,168 (100.0%) |
Population in Families | 951 (81.4%) |
Population in Group Quarters1 | 0 |
Population Density | 450 |
Diversity Index2 | 23 |
INCOME | |
Median Household Income | $107,017 |
Average Household Income | $113,154 |
% of Income for Mortgage4 | 14% |
Per Capita Income | $42,917 |
Wealth Index5 | 90 |
Socioeconomic Status Index6 | Moderate (62.6) |
HOUSING | |
---|---|
Total HU (Housing Units) | 460 (100%) |
Owner Occupied HU | 395 (85.9%) |
Renter Occupied HU | 48 (10.4%) |
Vacant Housing Units | 17 ( 3.7%) |
Median Home Value | $241,794 |
Average Home Value | $270,506 |
Housing Affordability Index3 | 177 |
HOUSEHOLDS | |
Total Households | 443 |
Average Household Size | 2.64 |
Family Households | 323 |
Average Family Size | 3.00 |
GROWTH RATE / YEAR |
2020-2024 | 2024-2029 |
---|---|---|
Population | 1.93% | 1.51% |
Households | 1.84% | 1.66% |
Families | 1.91% | |
Median Household Income | 0.64% | |
Per Capita Income | 2.41% | |
Owner Occupied HU | 1.33% |
The table below compares Memphis to the other 976 incorporated cities, towns and CDPs in Indiana by rank and percentile using July 1, 2024 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 | # 672 | 31st |
Median Household Income | # 63 | 94th |
Housing Affordability Index | # 835 | 86th |
Per Capita Income | # 216 | 78th |
Diversity Index | # 315 | 67th |
Additional comparisons and rankings can be made with a VERY EASY TO USE Indiana Census Data Comparison Tool.
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