Memphis, MI
1,064Residents
$57,222Median household income
$820/moMedian gross rent
$213,300Median home value
45.7Median age
15%Adults with a bachelor’s degree or higher
68%Homes lived in by their owners
3.7×Home value to household income
Median rent takes about 17% of the median household income in Memphis.
What pay do you need to rent here?
To keep rent at or below 30% of gross pay, you would need about $33,000 a year. In Michigan that leaves roughly $2,274 a month after tax. See the full paycheck breakdown for $35,000.
Largest places in Michigan
All cities in Michigan · Highest-paying jobs in Michigan
Source: Census ACS 2024 ACS 5-year, places. Small places carry larger margins of error.