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2024 Compare Cities Economy:
Memphis, TN vs Colorado Springs, CO

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Highlights
- Household income in Colorado Springs, is 64% more than it is in Memphis and is 4% above the National Average.
- Memphis unemployment rate is 8.0%.
- Colorado Springs unemployment rate is 6.8%.

Economy
 Memphis, TNColorado Springs, COUnited States
 Unemployment Rate8.0%6.8%6.0%
 Recent Job Growth2.1%4.1%1.6%
 Future Job Growth36.6%48.4%33.5%
 Sales Taxes9.3%8.3%6.2%
 Income Taxes0.0%4.6%4.6%
 Income per Cap.$28,258$37,979$37,638
 Household Income$43,981$71,957$69,021
 Family Median Income$54,745$86,333$85,028
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 Est. Households By Income
 Memphis, TNColorado Springs, COUnited States
 Income Less Than 15K17.7%7.9%9.4%
 Income between 15K and 20K5.3%3.2%3.8%
 Income between 20K and 30K12.0%6.9%8.1%
 Income between 30K and 40K10.9%8.1%8.0%
 Income between 40K and 50K9.2%8.0%7.6%
 Income between 50K and 60K8.1%7.8%7.2%
 Income between 60K and 75K9.2%10.3%9.6%
 Income between 75K and 100K9.6%14.2%12.8%
 Income between 100K and 150K9.6%17.3%16.3%
 Income between 150K and 200K3.6%8.5%7.8%
 Income greater than 200K4.7%7.9%9.5%
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 Population By Occupation
 Memphis, TNColorado Springs, COUnited States
 Management, business, finance12.5%16.8%16.4%
 Engineering, computers, science3.7%8.5%6.5%
 Community, social services1.8%2.2%1.8%
 Legal0.9%0.9%1.2%
 Education, library5.5%6.5%6.2%
 Arts, design, media, sports, entertainment1.5%2.5%2.0%
 Healthcare practitioners and technology5.7%6.9%6.2%
 Healthcare support3.4%3.5%3.3%
 Firefighters, law enforcement2.8%2.2%2.1%
 Food preparation, serving6.1%5.9%5.4%
 Building maintenance4.5%3.4%3.6%
 Personal care2.4%2.7%2.6%
 Sales, office, administrative support21.9%20.7%20.9%
 Farming, fishing, forestry0.2%0.1%0.6%
 Construction, extraction, maintenance/repair6.4%7.7%8.1%
 Production, transportation, material moving20.7%9.4%13.1%

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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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Reviews for Colorado Springs    198 Reviews

Moved here from san diego. All expenses went up with exception to gas. San diego may not have an affordable housing market, but with all others equal san diego is still  More

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Moved here in the summer from one of the hottest places on earth and my quality of life has gone up dramatically. I can walk outside, there are enormous mountains to  More

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I have been in COS on and off for a couple years, finally making the permanent move several months ago. I have lived in Philly, Pittsburgh, Los Angeles, and Charlotte,  More

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ZIPS IN MEMPHIS, TENNESSEE
38016, 38128, 38127, 38134, 38109, 38111, 38115, 38116, 38118, 38018, 30 total
ZIPS IN COLORADO SPRINGS, COLORADO
80918, 80916, 80909, 80920, 80906, 80917, 80910, 80922, 80923, 80907, 21 total

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