Population Forecast
5 year Forecast - 2%
The current population of the Memphis, TN-AR-MS Market is 1,616,336 as of the July 2024 PopStats estimate. PopStat’s Trend models indicate a 5 year population change of 2%, resulting in a Population of 1,648,343 by July 2029. 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 64th by July 2029.
High and Low Range - -2.6% to 8.1%
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 8.1% at 1,747,886. Similarly a population change as low as -2.6% at 1,573,595 is not without possibility.
Figure 73: Population Trend and Forecast
10 year Projections - 4.2%
By July 2034 we project the Population of the Memphis, TN-AR-MS Market to be 1,684,743 resulting in a change of 4.2% compared to the current Population. This projected percentage change in Population ranks 101st across STI Markets. The Memphis, TN-AR-MS Market currently ranks 64th in overall population, and will rank 66th by July 2034.
