Memphis vs Jacksonville: Housing
| Memphis | Jacksonville | |
|---|---|---|
| Median Home Value | $313,800 | $293,700 |
| Median Gross Rent | $1,173/mo | $1,465/mo |
| Homeownership Rate | 81.2% | 57.6% |
| Rent as Share of Income | 18.8% | 25.2% |
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024.