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2024 Compare Cities Economy:
Lubbock, TX vs Memphis, TN

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Highlights
- Household income in Memphis, is 19% less than it is in Lubbock and is 57% below the National Average.
- Lubbock unemployment rate is 5.9%.
- Memphis unemployment rate is 8.0%.

Economy
 Lubbock, TXMemphis, TNUnited States
 Unemployment Rate5.9%8.0%6.0%
 Recent Job Growth2.4%2.1%1.6%
 Future Job Growth39.8%36.6%33.5%
 Sales Taxes8.3%9.3%6.2%
 Income Taxes0.0%0.0%4.6%
 Income per Cap.$30,393$28,258$37,638
 Household Income$54,060$43,981$69,021
 Family Median Income$72,020$54,745$85,028
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 Est. Households By Income
 Lubbock, TXMemphis, TNUnited States
 Income Less Than 15K14.5%17.7%9.4%
 Income between 15K and 20K4.4%5.3%3.8%
 Income between 20K and 30K10.0%12.0%8.1%
 Income between 30K and 40K9.3%10.9%8.0%
 Income between 40K and 50K8.7%9.2%7.6%
 Income between 50K and 60K7.5%8.1%7.2%
 Income between 60K and 75K9.6%9.2%9.6%
 Income between 75K and 100K11.6%9.6%12.8%
 Income between 100K and 150K14.3%9.6%16.3%
 Income between 150K and 200K4.9%3.6%7.8%
 Income greater than 200K5.2%4.7%9.5%
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 Population By Occupation
 Lubbock, TXMemphis, TNUnited States
 Management, business, finance14.1%12.5%16.4%
 Engineering, computers, science3.8%3.7%6.5%
 Community, social services2.2%1.8%1.8%
 Legal0.8%0.9%1.2%
 Education, library9.5%5.5%6.2%
 Arts, design, media, sports, entertainment1.5%1.5%2.0%
 Healthcare practitioners and technology7.0%5.7%6.2%
 Healthcare support3.4%3.4%3.3%
 Firefighters, law enforcement2.4%2.8%2.1%
 Food preparation, serving7.6%6.1%5.4%
 Building maintenance3.4%4.5%3.6%
 Personal care2.6%2.4%2.6%
 Sales, office, administrative support22.3%21.9%20.9%
 Farming, fishing, forestry0.1%0.2%0.6%
 Construction, extraction, maintenance/repair7.9%6.4%8.1%
 Production, transportation, material moving11.3%20.7%13.1%

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Reviews for Lubbock    28 Reviews

Just wondering if anyone can give me some suggestions? I plan on retiring in Lubbock,Texas. I plan on renting. Where would be the best area for my family to live? What  More

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Sad to learn how dangerous this West Texas town has become. Completely, over taken with Down trodden people who have little. Burglaries happen hourly at a ridiculous  More

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I was born and raised in Lubbock. More or less,I spent about 30 years of my life there. I will start with the positive. It is a well established and well built city with  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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ZIPS IN LUBBOCK, TEXAS
79424, 79423, 79416, 79413, 79407, 79414, 79403, 79415, 79412, 79404, 14 total
ZIPS IN MEMPHIS, TENNESSEE
38016, 38128, 38127, 38134, 38109, 38111, 38115, 38116, 38118, 38018, 30 total

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