Monthly Memphis housing costs for owner-occupied housing units. Costs are in two categories, for owners with a mortgage, and without a mortgage. Costs are displayed in dollar amounts in the first table, and as a percentage of total income in the second table.
Housing costs
Number
Percent
Specified owner-occupied housing units
130,695
100.0%
With a mortgage
94,404
72.2%
Less than $200 monthly
253
0.3%
$200 - $299 monthly
911
1.0%
$300 - $399 monthly
2,473
2.6%
$400 - $499 monthly
5,654
6.0%
$500 - $599 monthly
8,920
9.4%
$600 - $699 monthly
12,125
12.8%
$700 - $799 monthly
12,691
13.4%
$800 - $899 monthly
11,099
11.8%
$900 - $999 monthly
8,997
9.5%
$1,000 - $1,499 monthly
21,356
22.6%
$1,500 - $1,999 monthly
5,863
6.2%
$2,000 - $2,499 monthly
1,905
2.0%
$2,500 - $2,999 monthly
932
1.0%
$3,000 or more monthly
1,225
1.3%
Median in dollars
838
Without a mortgage
36,291
27.8%
Less than $100 monthly
1,313
3.6%
$100 - $149 monthly
2,144
5.9%
$150 - $199 monthly
4,371
12.0%
$200 - $249 monthly
6,356
17.5%
$250 - $299 monthly
6,375
17.6%
$300 - $399 monthly
7,703
21.2%
$400 - $499 monthly
3,462
9.5%
$500 - $699 monthly
2,809
7.7%
$700 or more monthly
1,758
4.8%
Median in dollars
281
Housing costs as a percentage of monthly income (1999)
