Memphis, TN Employment - Median Household Income, Unemployment Rate

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F

10%

Income/capita NAT. AVG.

24%

Household income NAT. AVG.

16%

Unemployment NAT. AVG.

Index	Memphis	Tennessee	National
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 rate	5.4%	4.6%	4.7%
Poverty level	24.6%	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

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am i middle class

$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.

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Memphis median earnings by income bracket

Memphis employment by industry

Labour Type	Male	Female
Construction industry	9.0%	9.0%
Manufacturing sector	12.0%	12.0%
Financial & insurance services	2.6%	2.6%
Wholesale & retail services	13.6%	13.6%
Public administration	3.4%	3.4%
Transportation, warehousing & utilities	17.4%	17.4%
Education, health & social services	12.4%	12.4%
Other	28.1%	28.1%

Nearby cities with high median household income

City	Population	Household Income	National Avg.
Clarkedale, AR	493	$113,333	104.9%
Bartlett, TN	59,252	$81,568	47.4%
Olive Branch, MS	38,270	$78,939	42.7%
Marion, AR	12,371	$77,929	40.9%
Lynchburg, MS	2,216	$69,856	26.3%
Memphis, TN	650,910	$41,864	24.3%

Cities with similar population

City	Population	Household Income	National Avg.
Portland, OR	650,380	$73,159	32.2%
Oklahoma City, OK	649,821	$56,456	2.0%
Las Vegas, NV	644,594	$58,377	5.5%
Nashville, TN	667,070	$62,087	12.2%
Detroit, MI	672,351	$32,498	41.3%
Memphis, TN	650,910	$41,864	24.3%

Source: The Memphis, TN employment data displayed above is derived from the United States Census Bureau American Community Survey (ACS).