Electric Consumer

Editor: Katerine G., Editor & Data Researcher · Research & publishing: Electric Consumer Editorial Team · Data retrieved · Sources named on this page: EIA-861, EPA eGRID, Census ACS, DOE LEAD, NOAA · How we got these numbers · Report an error

Electricity rates in Memphis, Tennessee

Memphis, TN ranks 2 of 27 Tennessee cities for the oldest homes (median year built 1970). Memphis, Tennessee has 629,063 residents in 254,530 households; 55.1% heat with electricity.

Memphis on the map

Shelby County with Memphis markedShelbyMemphis

Shelby County, with Memphis marked

Housing and heating in Memphis

Memphis, TN: 196,666 of 292,290 homes were built before 1980 and 31,005 in 2000 or later. Memphis, TN has 176,249 detached houses, 72,650 homes in 5+ unit buildings and 3,280 mobile homes.

Age of homes in Memphis, TN

% of homes by decade built, Memphis, TN

  1. 8pre-40
  2. 840s
  3. 2050s
  4. 1560s
  5. 1770s
  6. 1280s
  7. 1090s
  8. 700s
  9. 410s
  10. 120+

Heating fuel in Memphis, TN

% of homes by main fuel, Memphis

  • Electricity55.1
  • Utility gas42.9
  • Propane1.1
Memphis, TN housing against its county and state cities
Memphis, TNValueCountyGapRank
Memphis, TN, median year built19701977-7 years26 of 27
Memphis, TN, built before 198067.3%55.3%+12.0 points2 of 27
Memphis, TN, built 2000 or later10.6%17.5%-6.9 points27 of 27
Memphis, TN, detached houses60.3%66.6%-6.3 points15 of 27
Memphis, TN, apartments in 5+ unit buildings24.9%20.8%+4.0 points8 of 27
Memphis, TN, mobile homes1.1%1.2%-0.1 points19 of 27
Memphis, TN, renter households54.0%45.4%+8.6 points2 of 27
Memphis, TN, median home value$157,100$229,700-$72,60026 of 27
Memphis, TN, median gross rent a month$1,123$1,170-$4718 of 27
Memphis, TN, people per household2.422.52-0.1019 of 27

Facts about Memphis

Residents of Memphis, TN, ACS 2023
629,0632 of 27 Tennessee cities with 30,000+
Median household income in Memphis, TN
$51,21123 of 27 of those cities
Households in Memphis, TN
254,5302.47 people each
Owner-occupied homes in Memphis, TN
46.0%117,061 owners and 137,469 renter households
Housing units in Memphis, TN
292,29037,760 vacant or seasonal
Homes heated by electricity in Memphis, TN
55.1%140,286 of 254,530 homes
Land area of Memphis, TN
296.2 sq mi2,123.8 people per sq mi
Bill as share of income in Memphis, TN
3.3%at 1,154 kWh a month over the $51,211 median household income
Wind and tornado reports within 15 miles of Memphis, TN
182NWS point reports 2015 to 2025, 28.9 per 100,000 residents
Median year homes were built in Memphis, TN
1970196,666 of 292,290 homes (67.3%) before 1980
Median home value and rent in Memphis, TN
$157,100$1,123 gross rent a month, 8.58% of value a year

Bill and heat pump calculator, Memphis

Compare Memphis with nearby cities

Nearest Tennessee cities with 30,000+ residents to Memphis, TN
City near Memphis, TNDistance from MemphisResidentsMedian incomeMedian year builtMedian home valueStorm reports within 15 milesWork from home
Memphis, TN (this page)0 mi629,063$51,2111970$157,1001828.0%
Germantown, TN10.6 mi east40,812 (-588,251)$144,799 (+$93,588)1983 (+13 yr)$441,200 (+$284,100)172 (-10)16.8% (+8.9 pts)
Bartlett, TN12.0 mi northeast56,998 (-572,065)$100,660 (+$49,449)1992 (+22 yr)$283,700 (+$126,600)184 (+2)9.5% (+1.5 pts)
Collierville, TN15.8 mi east51,212 (-577,851)$134,319 (+$83,108)1997 (+27 yr)$458,300 (+$301,200)120 (-62)19.3% (+11.4 pts)
Jackson, TN74.1 mi northeast68,098 (-560,965)$51,552 (+$341)1983 (+13 yr)$195,000 (+$37,900)80 (-102)9.3% (+1.3 pts)
Columbia, TN168.6 mi east43,971 (-585,092)$61,204 (+$9,993)1979 (+9 yr)$261,700 (+$104,600)121 (-61)12.5% (+4.5 pts)

Who supplies Memphis

Shelby County lists 1 utility for Memphis, TN (629,063 residents): homes pay 12.16 cents per kWh, about $140 a month at 1,154 kWh, 3.3% of the $51,211 Memphis median income. Shelby County page.

Who lives in Memphis: income, cars, homes

In Memphis, TN, 26,237 households own no vehicle and 116,066 own two or more; home EV charging depends on that. 138,498 residents of Memphis, TN live below the poverty line, and the median age is 34.3. In Memphis, TN, 70,169 of 127,521 renter households pay 30% or more of income in rent; 101,951 households moved in since 2018 and 50,008 before 2000, so electric accounts turn over quickly. In Memphis, TN, 88,223 of 254,530 households earn under $35,000, 82,167 $35,000-$75,000, 57,269 $75,000-$150,000 and 26,871 $150,000 or more. Of 279,230 workers in Memphis, TN, 22,297 work from home, 217,355 drive alone, 2,247 ride transit and 4,697 walk. Memphis, TN homes: 160,503 have 3+ bedrooms, 41,848 none or one, median 5.4 rooms.

Household income in Memphis, TN

% of households by income, Memphis, TN

  • Under $35,00034.7
  • $35,000 to $75,00032.3
  • $75,000 to $150,00022.5
  • $150,000 or more10.6
Memphis, TN households against Tennessee cities with 30,000+ residents
Memphis, TNValueRank in Tennessee
Memphis, TN, households under $35,00034.7%5 of 27
Memphis, TN, households $150,000 or more10.6%21 of 27
Memphis, TN, residents below poverty22.5%3 of 27
Memphis, TN, median age34.321 of 27
Memphis, TN, homes with 3+ bedrooms54.9%20 of 27
Memphis, TN, households without a vehicle10.3%2 of 27
Memphis, TN, households with 2+ vehicles45.6%27 of 27
Memphis, TN, workers at home8.0%23 of 27
Memphis, TN, cost-burdened renters55.0%4 of 27
Memphis, TN, moved in since 201840.1%16 of 27
Memphis, TN, moved in before 200019.6%6 of 27

Outage risk around Memphis

Memphis, TN, NWS reports within 15 miles of the centre, 2015 to 2025: 181 wind and 1 tornado, 28.9 per 100,000 residents of 629,063. Top gust near Memphis, TN: 87 knots, 100 mph. Damage near Memphis, TN: $17.1M.

Reports within 15 miles of Memphis, TN

wind and tornado reports, Memphis, TN

  1. 6'15
  2. 6'16
  3. 30'17
  4. 17'18
  5. 19'19
  6. 14'20
  7. 10'21
  8. 10'22
  9. 47'23
  10. 5'24
  11. 18'25
Storm reports near Memphis, TN
Memphis, TNWindTornadoTotal
Memphis, TN, 2015606
Memphis, TN, 2016606
Memphis, TN, 201730030
Memphis, TN, 201817017
Memphis, TN, 201918119
Memphis, TN, 202014014
Memphis, TN, 202110010
Memphis, TN, 202210010
Memphis, TN, 202347047
Memphis, TN, 2024505
Memphis, TN, 202518018

Cost of living with electricity in Memphis

Memphis, TN: 254,530 households at $1,564 a year per home for electricity (Shelby County average, DOE LEAD) come to about $398.1 million, an estimate; all home energy is $2,011 a year per household.

Home energy cost, Memphis, TN
Group in Memphis, TNHouseholdsPower per homePower bill of the groupShare of Memphis, TN median income
Memphis, TN, all households254,530$1,564$398.1 million3.05%
Memphis, TN, homeowners117,061$1,759$205.9 million3.43%
Memphis, TN, renters137,469$1,325$182.1 million2.59%

Analyst note on Memphis

Memphis, TN counts 629,063 residents in 254,530 households, on 296.2 square miles. Household income in Memphis, TN is $51,211; 117,061 of its 254,530 households own. 140,286 of the 254,530 occupied homes in Memphis, TN heat with electricity.

Memphis, TN has 292,290 housing units, 37,760 of them vacant or seasonal. A filing named like the city, City of Memphis, is listed, so a local or municipal utility may serve at least part of Memphis, TN. Memphis, TN ranks 2 of 27 Tennessee cities for the lowest median home value ($157,100).

Memphis, TN ranks 2 of 27 Tennessee cities for the share of renter households (54%). Memphis, TN ranks 2 of 27 Tennessee cities for households without a vehicle (10.3%).

ZIP codes in Memphis

ZIP area touching Memphis, TNShare of the ZIP's land inside MemphisShare of Memphis's land in the ZIP
38109 (Memphis, TN)74.3%14.9%
38118 (Memphis, TN)100.0%10.3%
38116 (Memphis, TN)100.0%6.6%
38128 (Memphis, TN)79.6%6.3%
38127 (Memphis, TN)49.8%6.3%
38113 (Memphis, TN)100.0%5.1%
38134 (Memphis, TN)73.1%4.6%
38106 (Memphis, TN)100.0%3.5%
38018 (Memphis, TN)53.9%3.4%
38016 (Memphis, TN)54.6%3.3%
38111 (Memphis, TN)100.0%3.3%
38120 (Memphis, TN)100.0%3.2%
38117 (Memphis, TN)100.0%3.2%
38119 (Memphis, TN)100.0%3.0%
38115 (Memphis, TN)100.0%2.9%
38114 (Memphis, TN)100.0%2.6%
38108 (Memphis, TN)100.0%2.6%
38122 (Memphis, TN)100.0%2.3%
38141 (Memphis, TN)80.2%2.1%
38107 (Memphis, TN)100.0%1.8%
38104 (Memphis, TN)100.0%1.7%
38112 (Memphis, TN)100.0%1.6%
38133 (Memphis, TN)30.8%1.3%
38103 (Memphis, TN)100.0%0.9%
38126 (Memphis, TN)100.0%0.6%
38105 (Memphis, TN)100.0%0.6%
38132 (Memphis, TN)100.0%0.3%
38131 (Memphis, TN)100.0%0.1%
38152 (Memphis, TN)100.0%0.0%

Census 2020 ZCTA to place land-area overlap. Look up any ZIP.

Tennessee: home prices since 2001, planned plants.

Questions on Memphis

Memphis: what is the electricity rate?

Memphis, TN has no price of its own; its 629,063 residents are served by one of 1 utility, and a 1,154 kWh month costs $140.

Memphis: how does it rank among Tennessee cities?

Memphis, TN: rank 2 of 27 by its 629,063 residents, rank 23 of 27 by $51,211 median income.

Memphis: how many homes heat with electricity?

Memphis, TN: 140,286 of 254,530 occupied homes, 55.1%; Shelby County 51.5%.

Memphis: how much income goes to electricity?

At 1,154 kWh a month, 3.3% of the $51,211 median income in Memphis, TN.

Memphis: damaging storms reported nearby?

182 NWS wind and tornado reports within 15 miles of the centre of Memphis, TN, 2015 to 2025, 28.9 per 100,000 residents.

How old are the homes in Memphis?

Memphis, TN: median home built 1970; 196,666 of 292,290 homes (67.3%) predate 1980, 176,249 are detached and 72,650 sit in buildings of 5+ units.

How many Memphis, TN households have no car?

26,237 households; 116,066 have two or more.

How many residents of Memphis, TN live below the poverty line?

138,498 residents.

How many Memphis, TN renters struggle with rent?

70,169 of 127,521 renter households pay 30% or more of income in rent.

Primary sources for Memphis, TN

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Memphis, TN ranks 2 of 27 Tennessee cities for the oldest homes (median year built 1970).