Gray vs Memphis: Housing
| Gray | Memphis | |
|---|---|---|
| Median Home Value | $199,400 | $169,000 |
| Median Gross Rent | $1,028/mo | $1,181/mo |
| Homeownership Rate | 71.5% | 44.9% |
| Rent as Share of Income | 17.6% | 27.4% |
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024.
| Gray | Memphis | |
|---|---|---|
| Median Home Value | $199,400 | $169,000 |
| Median Gross Rent | $1,028/mo | $1,181/mo |
| Homeownership Rate | 71.5% | 44.9% |
| Rent as Share of Income | 17.6% | 27.4% |
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024.