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TX area data

Memphis, TX

Memphis, TX.

Population: 2,230 (Census ACS)

Home values & appreciation

Median home value
$77,448
1-year appreciation
+11.9%
3-year appreciation
-10.2%
5-year appreciation
-11.1%
10-year appreciation
-2.5%
All-time peak (2022-08)
$91,838
House Price Index
440.1 (-0.8% YoY)

Market activity

New listings (monthly)
2

Affordability

Cost of living index (Average)
96.5 (100 = US avg)
Electricity rate (state-level)
15.5¢/kWh
Natural gas rate (state-level)
$19.40/MCF
30-year mortgage rate (national)
6.66%
15-year mortgage rate (national)
6.00%

Schools

Total schools
4
Elementary schools
2
Middle schools
1
High schools
1

Natural hazards & flood risk

Overall hazard risk
Very Low
Top hazards
drought, hail, strongWind

Climate (30-year normals)

Average annual temperature
61.0°F
Average high
75.0°F
Average low
47.0°F
Annual precipitation
22.0 in

Amenities

Nearest airport
Memphis Municipal Airport (1 mi)
Nearest major airport
Childress Municipal Airport (CDS) (25 mi)
Hospitals nearby (~15 mi)
1,090
Avg hospital rating
3.1 / 5
Solar radiation rating
Good (5.1 kWh/m²/day)

Migration

Net migration
+12 tax filers

Housing stock

Median year housing built
1,962
Median annual property tax
$1,059
Mean commute to work
15 min
Households with broadband internet
66.7%

Employment & development

Total county employment
513
Average weekly wage
$658
Top industries (by employment)
Agriculture, Accommodation & Food, Health Care

Area data compiled from public government, academic, and industry research feeds. Data sources →

Data last updated

Most recent source refresh: Aug 2026. See all data sources →

Data compiled by REAIGENT7 — AI listing platform for real estate agents