Population Forecast

5 year Forecast - 2%

The current population of the Memphis, TN-AR-MS Market is 1,609,169 as of the April 2025 PopStats estimate. PopStat’s Trend models indicate a 5 year population change of 2%, resulting in a Population of 1,641,325 by April 2030. This percentage change in Population ranks 101st across STI Markets. The Memphis, TN-AR-MS Market currently ranks 64th in overall population, and will rank 65th by April 2030.

Market Comparison Map - 5 Year Change

5 year Forecast Market Map

Figure 71: 5 year Forecast Market Map

5 Year forecast by Census Tract

5 Year Percentage Change Thematic

Figure 72: 5 Year Percentage Change Thematic

High and Low Range - -2.2% to 7.4%

While the summation of mid range 5 year forecasts foresee a change in Population of 2% for Memphis, TN-AR-MS Market. The forecast high ranges of these forecasts leaves open the possibility for a Population change as high as 7.4% at 1,728,336. Similarly a population change as low as -2.2% at 1,574,360 is not without possibility.

Population Trend and Forecast

Figure 73: Population Trend and Forecast

Historical Trend and Forecast

Population Long Trend and Forecast

Figure 74: Population Long Trend and Forecast

10 year Projections - 4.3%

By April 2035 we project the Population of the Memphis, TN-AR-MS Market to be 1,677,740 resulting in a change of 4.3% compared to the current Population. This projected percentage change in Population ranks 100th across STI Markets. The Memphis, TN-AR-MS Market currently ranks 64th in overall population, and will rank 66th by April 2035.

10 year Projections by Census Tract

10 Year Percentage Change Thematic

Figure 75: 10 Year Percentage Change Thematic