2025 Compare Cities Economy:
Collierville, TN vs Lakeland, TN

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Highlights
- Household income in Lakeland, is 15% less than it is in Collierville and is 32% above the National Average.
- Collierville unemployment rate is 3.4%.
- Lakeland unemployment rate is 6.8%.
 Collierville, TNLakeland, TNUnited States
 Unemployment Rate  Unlock6.8%6.0%
 Recent Job Growth  Unlock2.1%1.6%
 Future Job Growth41.7%  Unlock33.5%
 Sales Taxes9.8%  Unlock6.2%
 Income Taxes  Unlock0.0%4.6%
 Income per Cap.$54,355  Unlock$37,638
 Household Income  Unlock$102,025$69,021
 Family Median Income$131,566  Unlock$85,028
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 Est. Households By Income
 Collierville, TNLakeland, TNUnited States
 Income Less Than 15K  Unlock3.1%9.4%
 Income between 15K and 20K0.6%  Unlock3.8%
 Income between 20K and 30K  Unlock3.5%8.1%
 Income between 30K and 40K4.5%  Unlock8.0%
 Income between 40K and 50K  Unlock3.5%7.6%
 Income between 50K and 60K4.0%  Unlock7.2%
 Income between 60K and 75K  Unlock8.6%9.6%
 Income between 75K and 100K11.9%  Unlock12.8%
 Income between 100K and 150K  Unlock26.7%16.3%
 Income between 150K and 200K15.4%  Unlock7.8%
 Income greater than 200K  Unlock17.4%9.5%
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 Population By Occupation
 Collierville, TNLakeland, TNUnited States
 Management, business, finance22.9%  Unlock16.4%
 Engineering, computers, science  Unlock4.8%6.5%
 Community, social services1.9%  Unlock1.8%
 Legal  Unlock0.9%1.2%
 Education, library7.3%  Unlock6.2%
 Arts, design, media, sports, entertainment  Unlock1.4%2.0%
 Healthcare practitioners and technology6.9%  Unlock6.2%
 Healthcare support  Unlock1.5%3.3%
 Firefighters, law enforcement2.0%  Unlock2.1%
 Food preparation, serving  Unlock5.3%5.4%
 Building maintenance2.1%  Unlock3.6%
 Personal care  Unlock1.4%2.6%
 Sales, office, administrative support21.7%  Unlock20.9%
 Farming, fishing, forestry  Unlock0.0%0.6%
 Construction, extraction, maintenance/repair3.3%  Unlock8.1%
 Production, transportation, material moving  Unlock8.4%13.1%
Reviews for Collierville    7 Reviews

How is the cost of living and employment opportunities in the  More

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Over 10 years ago

Collierville is "The Best Small Town" in America, according to Parade Magazine 2014. It really is great. A lot of green space, walking trails, parks, etc. Everything  More

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Over 13 years ago

a great place to  More

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Reviews for Lakeland    4 Reviews

We moved to the Memphis area short of 4 years ago. I can't imagine living anywhere else in the world! We live in a gorgeous and friendly lake community that is a  More

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Been living here for 11 years and looking to relocate. Memphis/Cordova has been good to us for the past years, but it's time to move  More

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Over 15 years ago

Lakeland is a great place to live....10 minutes from anything you would want to do. Reasonably priced homes and excellent tax  More

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