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Economy in Memphis (zip 38105), Tennessee

Overview, People, Health, Economy, Housing, Rankings, Climate
Crime, Comments, Transportation, Cost of Living, Religion, Voting

EconomyMemphis, TNUnited States
Unemployment Rate10.20%8.60%
Recent Job Growth3.52%0.35%
Future Job Growth36.84%32.10%
Sales Taxes9.25%5.00%
Income Taxes6.00%4.70%
Income per Cap.$15,596$26,154
Household Income$17,566$50,935
ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME
Income Less Than 15K44.83%12.37%
Income between 15K and 25K16.92%10.53%
Income between 25K and 35K11.75%10.88%
Income between 35K and 50K11.68%15.37%
Income between 50K and 75K8.54%20.14%
Income between 75K and 100K2.79%12.41%
Income between 100K and 150K2.11%11.27%
Income between 150K and 250K0.92%5.01%
Income between 250K and 500K0.38%1.86%
Income greater than 500K0.11%0.16%
POPULATION BY OCCUPATION
Management, Business, and Financial Operations3.51%14.04%
Professional and Related Occupations17.35%20.61%
Service23.20%14.45%
Sales and Office27.00%26.75%
Farming, Fishing, and Forestry0.00%0.70%
Construction, Extraction, and Maintenance6.82%9.42%
Production, Transportation, and Material Moving22.22%14.05%


Median Household Income

The unemployment rate in Memphis (zip 38105), TN, is 10.20%, with job growth of 3.52%. Future job growth over the next ten years is predicted to be 36.84%.

Memphis (zip 38105), TN Taxes

Memphis (zip 38105), TN,sales tax rate is 9.25%. Income tax is 6.00%.

Memphis (zip 38105), TN Income and Salaries

The income per capita is $15,596, which includes all adults and children. The median household income is $17,566.


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