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2024 Compare Cities Economy:
Indianapolis, IN vs Memphis, TN

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Highlights
- Household income in Memphis, is 19% less than it is in Indianapolis and is 57% below the National Average.
- Indianapolis unemployment rate is 5.6%.
- Memphis unemployment rate is 8.0%.

Economy
 Indianapolis, INMemphis, TNUnited States
 Unemployment Rate5.6%8.0%6.0%
 Recent Job Growth2.5%2.1%1.6%
 Future Job Growth37.5%36.6%33.5%
 Sales Taxes7.0%9.3%6.2%
 Income Taxes5.3%0.0%4.6%
 Income per Cap.$31,538$28,258$37,638
 Household Income$54,321$43,981$69,021
 Family Median Income$68,575$54,745$85,028
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 Est. Households By Income
 Indianapolis, INMemphis, TNUnited States
 Income Less Than 15K12.0%17.7%9.4%
 Income between 15K and 20K4.7%5.3%3.8%
 Income between 20K and 30K9.8%12.0%8.1%
 Income between 30K and 40K10.3%10.9%8.0%
 Income between 40K and 50K9.3%9.2%7.6%
 Income between 50K and 60K8.7%8.1%7.2%
 Income between 60K and 75K10.1%9.2%9.6%
 Income between 75K and 100K11.9%9.6%12.8%
 Income between 100K and 150K12.9%9.6%16.3%
 Income between 150K and 200K5.2%3.6%7.8%
 Income greater than 200K5.2%4.7%9.5%
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 Population By Occupation
 Indianapolis, INMemphis, TNUnited States
 Management, business, finance15.4%12.5%16.4%
 Engineering, computers, science5.5%3.7%6.5%
 Community, social services2.0%1.8%1.8%
 Legal1.4%0.9%1.2%
 Education, library5.1%5.5%6.2%
 Arts, design, media, sports, entertainment2.0%1.5%2.0%
 Healthcare practitioners and technology6.8%5.7%6.2%
 Healthcare support2.9%3.4%3.3%
 Firefighters, law enforcement1.8%2.8%2.1%
 Food preparation, serving5.6%6.1%5.4%
 Building maintenance3.2%4.5%3.6%
 Personal care2.3%2.4%2.6%
 Sales, office, administrative support20.9%21.9%20.9%
 Farming, fishing, forestry0.2%0.2%0.6%
 Construction, extraction, maintenance/repair6.9%6.4%8.1%
 Production, transportation, material moving17.9%20.7%13.1%

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Reviews for Indianapolis    153 Reviews

No car? This city is built for cars. Not friendly to pedestrians; the lack of sidewalks is confounding. Public transportation is limited, with a "spoke wheel" layout  More

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Over 3 years ago

This is a response to another review, but everything I say here is true and I have been a lifelong Indy resident and feel this needs said. The only factual part is  More

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Over 3 years ago

Housing is overpriced unless you want to live in a **** hole with cockroaches, mold, cars broken into. There's way too many potholes. Theres a deadly shooting everyday.  More

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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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Compare Indianapolis, Indiana Cost of Living vs Memphis, Tennessee Cost of Living: Taxes, Childcare, Groceries, Health...
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ZIPS IN INDIANAPOLIS, INDIANA
46254, 46237, 46203, 46222, 46220, 46217, 46235, 46241, 46201, 46234, 27 total
ZIPS IN MEMPHIS, TENNESSEE
38016, 38128, 38127, 38134, 38109, 38111, 38115, 38116, 38118, 38018, 30 total

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