Overview
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Envision southern hospitality on a grand scale. Memphis is the largest city in Tennessee with a population of approximately 700,000. Memphis was named for the Egyptian city on the Nile River. Memphis is a grand metropolis area known for centuries for its excellent transportation systems. Memphis sits above the Mississippi River in a flood-free location in the southwest corner of Tennessee. It is the confluence of major highways Interstate 40, Rte 6470, Rte 51 as well as several major railroad systems.
Memphis is most famous for its music rich culture, beautiful rolling hills and moderate year round climate. Music greats, Elvis Presley, Carl Perkins, Muddy Waters, Johnny Cash, Robert Johnson, Booker T. Jones, Isaac Hayes and Al Green were prominent residents in Memphis. Elvis Presley's home, Graceland in Memphis, continues to be the 2nd most visited residence in America (behind the White House). Average temperatures are 71 (high) and 52 (low) with four distinct seasons. Memphis, being the 2nd largest city in the southeastern United States, is home to the University of Memphis as well as over 100 other colleges and technical schools. Industrially, Memphis is a powerhouse being home to over 9 Fortune 500 companies with its Memphis International Airport being the "largest cargo Airport center in the world". In 2000, INC Magazine rated Memphis in the "top 50 cities in America" for places to start and grow a business. Area real estate sales and price reductions have been on par with the overall national response to the economic recesssion.
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As of the census[2] of 2000, there were 650,100 people, 250,721 households, and 158,455 families residing in the city. The population density was 2,327.4 people per sq mi (898.6/km²). There were 271,552 housing units at an average density of 972.2 per sq mi (375.4/km²). The racial makeup of the city was 61.41% African American, 34.41% White, 1.46% Asian, 0.19% Native American, 0.04% Pacific Islander, 1.45% from other races, and 1.04% from two or more races. Hispanic or Latino of any race were 2.97% of the population.
The median income for a household in the city was $32,285, and the median income for a family was $37,767. Males had a median income of $31,236 versus $25,183 for females. The per capita income for the city was $17,838. About 17.2% of families and 20.6% of the population were below the poverty line, including 30.1% of those under age 18 and 15.4% of those age 65 or over.
The Memphis Metropolitan Statistical Area (MSA), the 42nd largest in the United States, has a 2003 population of 1,239,337, and includes the Tennessee counties of Shelby, Tipton, and Fayette, as well as the Mississippi counties of DeSoto, Marshall, Tate, and Tunica, and the Arkansas county of Crittenden.
source: Census 2000
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