F
10%
Income/capita NAT. AVG.
24%
Household income NAT. AVG.
16%
Unemployment NAT. AVG.
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IndexMemphisTennesseeNational
Income per capita$26,704$26,019$29,829
Median household income$41,864$46,574$55,322
Median income owner occupied$60,976$58,570$70,586
Median income renter occupied$30,973$28,937$35,192
Median earnings male$31,903$32,560$36,919
Median earnings female$26,998$24,186$26,250
Unemployment rate5.4%4.6%4.7%
Poverty level24.6%17.2%15.1%
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Key findings

  • The income per capita in Memphis is 10% lower than the national average
  • The median household income in Memphis is 24% lower than the national average
  • Male median earnings are 41% higher than female median earnings
  • The unemployment rate in Memphis is 16% higher than the national average
  • The poverty level in Memphis is 63% higher than the national average

Best Places for Employment in and Around Memphis

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Compare Memphis, TN Employment

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      am i middle class

      $
      Input your household income
      $27,906 $41,864 $83,728
      City
      $31,046 $46,574 $93,148
      State
      $36,877 $55,322 $110,644
      Nation
      According to the PEW research center, the middle class is defined as a range from two thirds (2/3) of the median household income to a multiple of two (2) times the median household income. Displayed above are the city, state and national median household income averages. Simply enter your median household income to determine if your income falls into the middle class or if your household income is considered upper or lower class.

      Memphis median earnings by income bracket

      Memphis employment by industry

      Labour TypeMaleFemale
      Construction industry9.0%9.0%
      Manufacturing sector12.0%12.0%
      Financial & insurance services2.6%2.6%
      Wholesale & retail services13.6%13.6%
      Public administration3.4%3.4%
      Transportation, warehousing & utilities17.4%17.4%
      Education, health & social services12.4%12.4%
      Other28.1%28.1%

      Nearby cities with high median household income

      City Population Household Income National Avg.
      Clarkedale, AR493$113,333104.9%
      Bartlett, TN59,252$81,56847.4%
      Olive Branch, MS38,270$78,93942.7%
      Marion, AR12,371$77,92940.9%
      Lynchburg, MS2,216$69,85626.3%
      Memphis, TN650,910$41,86424.3%

      Cities with similar population

      City Population Household Income National Avg.
      Portland, OR650,380$73,15932.2%
      Oklahoma City, OK649,821$56,4562.0%
      Las Vegas, NV644,594$58,3775.5%
      Nashville, TN667,070$62,08712.2%
      Detroit, MI672,351$32,49841.3%
      Memphis, TN650,910$41,86424.3%
      Source: The Memphis, TN employment data displayed above is derived from the United States Census Bureau American Community Survey (ACS).