Memphis CDP, Florida Demographics & Population 2026

Population Overview

Memphis CDP is a small city located in Florida. The total population is 10,626. It ranks as the 335th most populous out of 953 cities and towns in Florida.

Age Demographics

The median age in Memphis CDP is 35.8 years. This is 16% lower than the state median of 42.6 years.

Economy, Income & Housing

The median household income in Memphis CDP is $71,967. This is about average than the state median of $71,711. Compared to the national median of $78,538, household income here is 8% lower. The poverty rate stands at 23.0%. This is 82% higher than the state poverty rate of 12.6%. With more than one in five residents living below the poverty line, economic hardship is a significant challenge for the community. The unemployment rate is 7.8%. This is 62% higher than the state rate of 4.8%. The median home value is $292,200. Housing costs are 10% lower than the state median of $325,000. The home-value-to-income ratio is 4.1x. 72.2% of occupied housing units are owner-occupied. This homeownership rate is 7% higher than the state average of 67.3%.

Race & Ethnicity

Memphis CDP is a highly diverse community where no single racial or ethnic group constitutes a majority of the population. White (non-Hispanic) residents account for 31.4%. The Black or African American population is significantly higher than the state average (29.0% vs 14.8%). The Asian population (0.9%) is well below the state average of 2.8%.

Education

20.4% of residents aged 25 and older hold a bachelor's degree or higher. This is 39% lower than the state rate of 33.2%. Nationally, 35.0% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 88.1%.

Data Sources & Methodology

All demographic data for Memphis CDP, Florida is sourced from the U.S. Census Bureau's American Community Survey (ACS) 5-Year Estimates (2019-2023). The ACS collects data from approximately 3.5 million households annually, providing reliable estimates for communities of all sizes. Comparisons are made against Florida state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 953 Census-designated places in Florida. For official data, visit data.census.gov.