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2024 Compare Cities Economy:
Memphis, TN vs Red Wing, MN

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Highlights
- Household income in Red Wing, is 39% more than it is in Memphis and is 13% below the National Average.
- Memphis unemployment rate is 8.0%.
- Red Wing unemployment rate is 4.6%.

Economy
 Memphis, TNRed Wing, MNUnited States
 Unemployment Rate8.0%4.6%6.0%
 Recent Job Growth2.1%0.7%1.6%
 Future Job Growth36.6%28.0%33.5%
 Sales Taxes9.3%7.4%6.2%
 Income Taxes0.0%7.1%4.6%
 Income per Cap.$28,258$34,117$37,638
 Household Income$43,981$61,040$69,021
 Family Median Income$54,745$78,313$85,028
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 Est. Households By Income
 Memphis, TNRed Wing, MNUnited States
 Income Less Than 15K17.7%10.5%9.4%
 Income between 15K and 20K5.3%5.2%3.8%
 Income between 20K and 30K12.0%6.6%8.1%
 Income between 30K and 40K10.9%10.3%8.0%
 Income between 40K and 50K9.2%6.6%7.6%
 Income between 50K and 60K8.1%10.1%7.2%
 Income between 60K and 75K9.2%12.0%9.6%
 Income between 75K and 100K9.6%14.1%12.8%
 Income between 100K and 150K9.6%13.0%16.3%
 Income between 150K and 200K3.6%8.1%7.8%
 Income greater than 200K4.7%3.6%9.5%
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 Population By Occupation
 Memphis, TNRed Wing, MNUnited States
 Management, business, finance12.5%9.5%16.4%
 Engineering, computers, science3.7%2.6%6.5%
 Community, social services1.8%1.5%1.8%
 Legal0.9%0.6%1.2%
 Education, library5.5%8.0%6.2%
 Arts, design, media, sports, entertainment1.5%1.9%2.0%
 Healthcare practitioners and technology5.7%6.6%6.2%
 Healthcare support3.4%4.9%3.3%
 Firefighters, law enforcement2.8%2.2%2.1%
 Food preparation, serving6.1%6.7%5.4%
 Building maintenance4.5%5.8%3.6%
 Personal care2.4%3.2%2.6%
 Sales, office, administrative support21.9%19.4%20.9%
 Farming, fishing, forestry0.2%0.8%0.6%
 Construction, extraction, maintenance/repair6.4%8.4%8.1%
 Production, transportation, material moving20.7%17.8%13.1%

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Reviews for Memphis    148 Reviews

I was mugged my very first night in Memphis. They tried to take my iPhone. I was walking only a block from my house in a "safe" area, too.  More

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Memphis is a city with a history of civil rights, slavery , blues and rockn'roll music. It's a great place for a weekend getaway. This city has lots of great things to  More

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Over 4 years ago

Do you like being panhandled every 30 seconds? Love that cool ambiance of gangs? Are drugs your thing? Then you will love Memphis. Had good times here in the 90’s, the  More

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Reviews for Red Wing    6 Reviews

Red Wing is a small town located equidistant between the Twin Cities and Rochester and is situated on the Mississippi river. Much of the big city culture of Minneapolis  More

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Over 11 years ago

Red Wing is a pretty town along the river. It does have some things outsiders need to be aware of if you take the plunge. The town is OLD, as in the citizens. If  More

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Over 16 years ago

It's a very nice town on the Missippi but too cold in winter---hot & humid in summer but a great spring & fall. If you like the changing seasons, it's ideal.  More

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ZIPS IN MEMPHIS, TENNESSEE
38016, 38128, 38127, 38134, 38109, 38111, 38115, 38116, 38118, 38018, 30 total
ZIPS IN RED WING, MINNESOTA
55066

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