Memphis CDP, Indiana Demographics & Population 2026
As of 2026, Memphis CDP, Indiana has a total population of 928, the 372nd largest city in Indiana, with a median household income of $116,852, which is 67% higher than the state average. The poverty rate is 0.0%.
Key Takeaways
- Household income is 67% above the state average — one of the wealthiest communities in Indiana.
- An exceptionally low poverty rate of 0.0% — among the lowest in Indiana.
- Housing is very affordable with a home-value-to-income ratio of just 2.0x.
- Near full employment with an unemployment rate of just 0.0%.
Memphis CDP Quick Facts
How Memphis CDP Compares
Median Household Income
Median Home Value
Economy & Housing
Household Income Distribution
Employment
Housing Overview
People & Demographics
Age Distribution
Race & Ethnicity
Diversity Index
A less diverse community where one racial or ethnic group represents a large majority.
State average: 40 | National average: 60
Education
Educational Attainment (Adults 25+)
Memphis CDP Rankings in Indiana
Explore Indiana Rankings
Cities Similar to Memphis CDP
These cities in the same state have comparable population and economic profiles.
| City | Population | Median Income | Home Value | Bachelor's+ | Poverty |
|---|---|---|---|---|---|
| Elberfeld town | 958 | $101,964 | $161,900 | 16.0% | 10.1% |
| Palestine CDP | 925 | $89,924 | $134,900 | 2.9% | 4.4% |
| Tri-Lakes CDP | 1,070 | $113,214 | $293,900 | 42.4% | 5.2% |
| Buffalo CDP | 814 | $125,809 | $131,000 | 13.0% | 8.0% |
| Tecumseh CDP | 870 | $92,708 | $240,700 | 52.9% | 7.8% |
Population Overview
Memphis CDP is a small community located in Indiana. The total population is 928. It ranks as the 372nd most populous out of 967 cities and towns in Indiana.
Age Demographics
The median age in Memphis CDP is 35.8 years. This is 6% lower than the state median of 38.0 years.
Economy, Income & Housing
The median household income in Memphis CDP is $116,852. This is 67% higher than the state median of $70,051. Compared to the national median of $78,538, household income here is 49% higher. The poverty rate stands at 0.0%. This is 100% lower than the state poverty rate of 12.2%. This exceptionally low poverty rate indicates strong economic prosperity across the community. The unemployment rate is 0.0%. This is 100% lower than the state rate of 4.3%. The median home value is $233,600. Housing costs are 16% higher than the state median of $201,600. With a home-value-to-income ratio of just 2.0x, Memphis CDP is one of the most affordable housing markets in the area. 88.3% of occupied housing units are owner-occupied. This homeownership rate is 26% higher than the state average of 70.3%.
Race & Ethnicity
Memphis CDP has a predominantly White (non-Hispanic) population, comprising 93.9% of all residents.
Education
21.9% of residents aged 25 and older hold a bachelor's degree or higher. This is 24% lower than the state rate of 28.8%. Nationally, 35.0% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 88.4%.
Data Sources & Methodology
All demographic data for Memphis CDP, Indiana 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 Indiana state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 967 Census-designated places in Indiana. For official data, visit data.census.gov.
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Frequently Asked Questions
What is the population of Memphis CDP, Indiana?
Memphis CDP, Indiana has a population of 928 according to the most recent U.S. Census ACS 5-Year Estimates.
What is the median household income in Memphis CDP, IN?
The median household income in Memphis CDP is $116,852, which is 49% higher the national median of $78,538.
What is the poverty rate in Memphis CDP, IN?
The poverty rate in Memphis CDP is 0.0%. This means approximately 0 residents live below the federal poverty line.
What is the racial makeup of Memphis CDP, Indiana?
Memphis CDP's population is 93.9% White, 0.0% Black, 0.0% Hispanic/Latino, and 0.0% Asian.
What is the median home value in Memphis CDP, IN?
The median home value in Memphis CDP is $233,600. The home-value-to-income ratio is 2.0x.
How educated is Memphis CDP, Indiana?
21.9% of adults (25+) in Memphis CDP hold a bachelor's degree or higher, and 5.0% hold a graduate or professional degree.