The median household income in Memphis, MI in 2022 was $58,386, which was 14.7% less than the median annual income of $66,986 across the entire state of Michigan. Compared to the median income of $41,705 in 2000 this represents an increase of 28.6%. The per capita income in 2022 was $28,195, which means an increase of 29.1% compared to 2000 when it was $19,983.
Whole page based on the data from 2000 / 2022 when the population of Memphis, Michigan was 1,129 / 1,144
Income statistics for all residents
Median household income in Memphis, MI in 2022:
Memphis:
$58,387
Michigan:
$66,986
Change in median household income between 2000 and 2022:
Memphis, Michigan:
+40.0%
State:
+50.0%
Number of households with income < $10k:
Memphis:
11.1% (56)
State:
5.7% (231,223)
Number of households with income $10k - 20k:
Memphis:
13.5% (68)
Michigan:
7.5% (306,955)
Number of households with income $20k - 30k:
Memphis:
7.0% (35)
State:
7.9% (324,153)
Number of households with income $30k - 40k:
Memphis:
8.9% (45)
Michigan:
8.3% (341,408)
Number of households with income $40k - 50k:
Memphis:
3.0% (15)
State:
7.9% (322,255)
Number of households with income $50k - 60k:
Memphis:
10.7% (54)
State:
7.5% (305,914)
Number of households with income $60k - 75k:
Memphis:
4.2% (21)
State:
10.1% (414,440)
Number of households with income $75k - 100k:
Memphis:
16.1% (81)
State:
13.2% (538,299)
Number of households with income $100k - 125k:
Memphis:
11.5% (58)
Michigan:
9.7% (396,282)
Number of households with income $125k - 150k:
Memphis:
12.1% (61)
Michigan:
6.7% (273,144)
Number of households with income $150k - 200k:
Memphis:
0.2% (1)
State:
7.5% (305,077)
Number of households with income > $200k:
Memphis:
1.6% (8)
Michigan:
8.1% (330,644)
Aggregate household income in Memphis in 2022: $32,333,153
Median family income in Memphis in 2022:
Memphis:
$80,825
State:
$85,865
Number of families with income $10k - 20k:
Memphis:
15.6% (43)
State:
3.9% (100,567)
Number of families with income $20k - 30k:
Memphis:
2.6% (7)
State:
5.0% (127,320)
Number of families with income $30k - 40k:
Memphis:
6.5% (18)
Michigan:
6.4% (163,565)
Number of families with income $40k - 50k:
Memphis:
4.1% (11)
State:
6.8% (172,384)
Number of families with income $50k - 60k:
Memphis:
4.6% (13)
Michigan:
7.1% (179,870)
Number of families with income $60k - 75k:
Memphis:
4.3% (12)
State:
10.3% (263,723)
Number of families with income $75k - 100k:
Memphis:
26.2% (73)
Michigan:
15.0% (383,364)
Number of families with income $100k - 125k:
Memphis:
16.6% (46)
Michigan:
11.8% (301,751)
Number of families with income $125k - 150k:
Memphis:
16.2% (45)
State:
8.6% (220,338)
Number of families with income $150k - 200k:
Memphis:
0.4% (1)
State:
10.2% (259,462)
Number of families with income > $200k:
Memphis:
2.9% (8)
State:
11.3% (287,206)
Median non-family income in Memphis in 2022:
Memphis:
$29,916
State:
$40,459
Change in median non-family income between 2000 and 2022:
Memphis, Michigan:
+51.8%
Michigan:
+54.5%
Median per capita income in Memphis in 2022:
Memphis:
$28,195
State:
$38,151
Change in median per capita income between 2000 and 2022:
Memphis, Michigan:
+41.1%
Michigan:
+72.1%
Income statistics for White residents
Median household income in Memphis, MI in 2022:
Memphis:
$59,443
State:
$71,609
Change in median household income between 2000 and 2022:
Memphis, Michigan:
+42.1%
Michigan:
+52.9%
Number of households with income < $10k:
Memphis:
12.2% (57)
State:
4.4% (140,440)
Number of households with income $10k - 20k:
Memphis:
11.3% (53)
Michigan:
6.5% (205,547)
Number of households with income $20k - 30k:
Memphis:
7.3% (34)
Michigan:
7.6% (242,254)
Number of households with income $30k - 40k:
Memphis:
8.1% (38)
State:
8.1% (257,175)
Number of households with income $40k - 50k:
Memphis:
3.2% (15)
State:
7.8% (246,839)
Number of households with income $50k - 60k:
Memphis:
11.1% (52)
State:
7.4% (233,723)
Number of households with income $60k - 75k:
Memphis:
4.5% (21)
State:
10.4% (328,664)
Number of households with income $75k - 100k:
Memphis:
16.9% (79)
Michigan:
13.6% (431,867)
Number of households with income $100k - 125k:
Memphis:
11.1% (52)
State:
10.3% (325,164)
Number of households with income $125k - 150k:
Memphis:
12.4% (58)
State:
7.1% (226,232)
Number of households with income $150k - 200k:
Memphis:
0.2% (1)
Michigan:
8.1% (255,445)
Number of households with income > $200k:
Memphis:
1.7% (8)
State:
8.7% (276,727)
Aggregate household income in Memphis in 2022: $30,569,703
Median family income in Memphis in 2022:
Memphis:
$80,666
Michigan:
$90,317
Number of families with income $10k - 20k:
Memphis:
16.1% (43)
Michigan:
3.2% (64,106)
Number of families with income $20k - 30k:
Memphis:
3.1% (8)
State:
4.6% (91,551)
Number of families with income $30k - 40k:
Memphis:
6.2% (17)
State:
5.9% (117,356)
Number of families with income $40k - 50k:
Memphis:
4.2% (11)
State:
6.4% (127,491)
Number of families with income $50k - 60k:
Memphis:
4.4% (12)
State:
6.8% (135,883)
Number of families with income $60k - 75k:
Memphis:
4.4% (12)
State:
10.5% (209,130)
Number of families with income $75k - 100k:
Memphis:
27.4% (73)
State:
15.5% (309,815)
Number of families with income $100k - 125k:
Memphis:
15.1% (41)
State:
12.4% (248,235)
Number of families with income $125k - 150k:
Memphis:
15.8% (42)
Michigan:
9.2% (182,895)
Number of families with income $150k - 200k:
Memphis:
0.4% (1)
Michigan:
11.0% (218,573)
Number of families with income > $200k:
Memphis:
2.9% (8)
State:
12.0% (239,713)
Median non-family income in Memphis in 2022:
Memphis:
$31,743
State:
$42,438
Change in median non-family income between 2000 and 2022:
Memphis, Michigan:
+62.3%
State:
+56.8%
Median per capita income in Memphis in 2022:
Memphis:
$28,485
State:
$41,514
Change in median per capita income between 2000 and 2022:
Memphis, Michigan:
+41.5%
Michigan:
+75.2%
Income statistics for Black or African American residents
Number of households with income < $10k:
Memphis:
0.0% (0)
State:
12.7% (66,307)
Number of households with income $10k - 20k:
Memphis:
100.0% (15)
Michigan:
14.2% (73,877)
Number of households with income $20k - 30k:
Memphis:
0.0% (0)
Michigan:
10.2% (52,930)
Number of households with income $30k - 40k:
Memphis:
0.0% (0)
State:
10.3% (53,542)
Number of households with income $40k - 50k:
Memphis:
0.0% (0)
Michigan:
9.1% (47,110)
Number of households with income $50k - 60k:
Memphis:
0.0% (0)
Michigan:
8.1% (41,969)
Number of households with income $60k - 75k:
Memphis:
0.0% (0)
Michigan:
9.0% (46,784)
Number of households with income $75k - 100k:
Memphis:
0.0% (0)
State:
9.7% (50,718)
Number of households with income $100k - 125k:
Memphis:
0.0% (0)
State:
6.7% (34,802)
Number of households with income $125k - 150k:
Memphis:
0.0% (0)
State:
4.1% (21,083)
Number of households with income $150k - 200k:
Memphis:
0.0% (0)
Michigan:
3.4% (17,885)
Number of households with income > $200k:
Memphis:
0.0% (0)
State:
2.6% (13,430)
Aggregate household income in Memphis in 2022: $1,145,960
Median per capita income in Memphis in 2022:
Memphis:
$16,130
Michigan:
$25,207
Change in median per capita income between 2000 and 2022:
Memphis, Michigan:
+47.6%
State:
+60.4%
Income statistics for Hispanic or Latino residents
Number of households with income < $10k:
Memphis:
61.9% (13)
State:
6.0% (10,028)
Number of households with income $10k - 20k:
Memphis:
0.0% (0)
State:
6.5% (10,959)
Number of households with income $20k - 30k:
Memphis:
0.0% (0)
State:
9.1% (15,369)
Number of households with income $30k - 40k:
Memphis:
0.0% (0)
Michigan:
7.9% (13,373)
Number of households with income $40k - 50k:
Memphis:
0.0% (0)
State:
9.1% (15,369)
Number of households with income $50k - 60k:
Memphis:
0.0% (0)
State:
8.9% (14,990)
Number of households with income $60k - 75k:
Memphis:
0.0% (0)
State:
11.5% (19,325)
Number of households with income $75k - 100k:
Memphis:
0.0% (0)
State:
14.9% (25,158)
Number of households with income $100k - 125k:
Memphis:
38.1% (8)
State:
8.8% (14,758)
Number of households with income $125k - 150k:
Memphis:
0.0% (0)
State:
5.3% (8,915)
Number of households with income $150k - 200k:
Memphis:
0.0% (0)
State:
6.7% (11,249)
Number of households with income > $200k:
Memphis:
0.0% (0)
Michigan:
5.3% (8,978)
Aggregate household income in Memphis in 2022: $112,482
Median per capita income in Memphis in 2022:
Memphis:
$17,042
Michigan:
$25,462
Income statistics for Multirace residents
Aggregate household income in Memphis in 2022: $722,438
Median per capita income in Memphis in 2022:
Memphis:
$21,425
State:
$26,098
Change in median per capita income between 2000 and 2022:
Memphis, Michigan:
+76.6%
Michigan:
+106.5%
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