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US City Data

Memphis, NE

Population 115 · Nebraska

Population
115
Median Income
$0
Median Home Value
$183,300
Median Rent
$0/mo

About Memphis, NE

Memphis is a small community in Nebraska with a population of 115 residents. The median household income is $0 per year, which is below the national average. The median age in Memphis is 22.4 years.

Housing in Memphis has a median home value of $183,300 and median monthly rent of $0. Of the 56 total housing units, the majority are owner-occupied, with 22 owner-occupied and 15 renter-occupied units.

The unemployment rate in Memphis is 0.0% and the poverty rate is 2.6%. 2.0% of residents hold a bachelor's degree or higher. The average commute time is 28.9 minutes.

Cost of Living in Memphis, NE

Compared to national averages, Memphis has a median household income of $0 (100% below the national median of $75,149). Home values average $183,300, which is 25% below the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within Nebraska, Memphis's income is 100% below the state average of $65,895, and home values are 46% above the state median of $125,824.

Income vs National
$0
National: $75,149
Nebraska: $65,895
Home Value vs National
$183,300
National: $244,900
Nebraska: $125,824
Rent vs National
$0
National: $1,163
Nebraska: $811
Unemployment vs National
0%
National: 3.7%
Nebraska: 4.6%

Why Live in Memphis, NE?

Memphis offers affordable housing with a median home value of $183,300, below the US average of $244,900, and rent that’s lower than the national average at $0/month, and a strong job market with an unemployment rate of just 0.0%. Additionally, the city features a low poverty rate of 2.6%, better than the national average.

Potential considerations include median household income ($0) that falls below the national average. However, Memphis’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.

Memphis has a population of 115 with a median age of 22.4 years. Compare Memphis with other cities to see how it stacks up, or explore all cities in Nebraska.

Similar Cities Near Memphis

Cities in Nebraska with a similar population size.

CityPopulationMedian IncomeHome Value
Smithfield115$49,583$0Compare
Ayr116$56,250$116,300Compare
Belden114$73,393$90,000Compare
Brock116$42,500$0Compare
Cordova116$60,000$81,700Compare
Ericson114$53,333$112,500Compare
Kilgore116$0$60,000Compare
Odessa116$36,875$126,400Compare

Demographics

22.4
Median Age
48
Male
67
Female
0%
Foreign Born

Racial & Ethnic Composition

White9.6Hispanic/Latino4.3Black0Asian0Two or More0

Economy & Education

0%
Unemployment Rate
2.6%
Poverty Rate
2%
Bachelor's Degree+
28.9 min
Avg Commute

Housing

56
Total Housing Units
22
Owner Occupied
15
Renter Occupied

Other Cities in Nebraska

Nebraska CityAbieAdamsAinsworthAlbionAlda

Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.

Compare Memphis With Other Cities

Memphis vs Nebraska CityMemphis vs AbieMemphis vs AdamsMemphis vs Ainsworth

Frequently Asked Questions about Memphis

What is the population of Memphis, NE?

The population of Memphis, NE is 115 according to the latest Census data.

What is the median household income in Memphis?

The median household income in Memphis, NE is $0 per year.

What is the median home value in Memphis?

The median home value in Memphis, NE is $183,300.

What is the average rent in Memphis?

The median monthly rent in Memphis, NE is $0.

What is the unemployment rate in Memphis?

The unemployment rate in Memphis, NE is 0.0%.

Explore More

Cost of Living in NebraskaMost Populated Cities in NebraskaCheapest Cities in NebraskaHighest Income Cities in NebraskaLowest Rent in NebraskaBest Cities for FamiliesBest Cities for Young ProfessionalsBest Cities for RetireesGuide: Cost Of LivingGuide: Moving GuideMemphis vs AbieMemphis vs AdamsMemphis vs Ainsworth