Economy in Memphis, Tennessee
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| Unemployment Rate | 9.40% | 8.60% |
| Recent Job Growth | 3.58% | 0.35% |
| Future Job Growth | 37.76% | 32.10% |
| Sales Taxes | 9.25% | 5.00% |
| Income Taxes | 6.00% | 4.70% |
| Income per Cap. | $20,583 | $26,154 |
| Household Income | $38,043 | $50,935 |
| ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME | | |
| Income Less Than 15K | 18.44% | 12.37% |
| Income between 15K and 25K | 14.28% | 10.53% |
| Income between 25K and 35K | 13.25% | 10.88% |
| Income between 35K and 50K | 17.43% | 15.37% |
| Income between 50K and 75K | 18.12% | 20.14% |
| Income between 75K and 100K | 8.50% | 12.41% |
| Income between 100K and 150K | 6.09% | 11.27% |
| Income between 150K and 250K | 2.65% | 5.01% |
| Income between 250K and 500K | 1.14% | 1.86% |
| Income greater than 500K | 0.10% | 0.16% |
| POPULATION BY OCCUPATION | | |
| Management, Business, and Financial Operations | 12.82% | 14.04% |
| Professional and Related Occupations | 20.52% | 20.61% |
| Service | 14.25% | 14.45% |
| Sales and Office | 29.94% | 26.75% |
| Farming, Fishing, and Forestry | 0.11% | 0.70% |
| Construction, Extraction, and Maintenance | 7.57% | 9.42% |
| Production, Transportation, and Material Moving | 14.80% | 14.05% |
The unemployment rate in Memphis, TN, is 9.40%, with job growth of 3.58%. Future job growth over the next ten years is predicted to be 37.76%.
Memphis, TN Taxes
Memphis, TN,sales tax rate is 9.25%. Income tax is 6.00%.
Memphis, TN Income and Salaries
The income per capita is $20,583, which includes all adults and children. The median household income is $38,043.
Memphis Economy SperlingViews
Great Opportunity: It is the top ten cities to invest in real estate. It is home to the busiest cargo airport in the world, third largest railroad center in US and major shipping port for... (read more)Economic difficulties: Its quit difficult to find a job for any one , now a days in Memphis... (read more)1/3 Live Below the Poverty Line.: Need I say more. The crime and cost of living are directly related to poverty levels. I've been to Memphis and do not relish the time there. But, I would visit Graceland... (read more)Have an opinion about Memphis? Leave a commentTo See All SperlingViews for Memphis Click Here
