Population Growth/Decline

Declining Market

With a 2 Year Compound Annual Growth Rate (CAGR) of -0.12% the Memphis, TN-AR-MS Market is declining. It ranks 156th in 2 year population change across all STI Markets.

Components of Change

Natural growth

With 19,666 Births and 16,545 Deaths in the last year there was a net change of 3,121 population from natural causes. That equates to a natural growth of 0.19%.

Migratory decline

Net migration in the Memphis, TN-AR-MS market in the last year was -6,811. This amounts to a migratory decline of -0.42%.

STI Markets Comparison

Components of Change for STI Markets

Figure 3: Components of Change for STI Markets