Memphis, TN is located in Shelby County. It is home to 52401 people. The median household income is $28,368.00 (Source: 2000 Census). The average home value was $54,600.00 (Source: 2000 Census). Nearby towns and cities include Collierville, Millington, Germantown, Arlington, Covington. Find listings of real estate for sale in Memphis below.