2026 Compare Cities Economy:
Memphis, TN vs Mankato, MN

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Highlights
- Household income in Mankato, is 28% more than it is in Memphis and is 23% below the National Average.
- Memphis unemployment rate is 8.0%.
- Mankato unemployment rate is 3.7%.
 Memphis, TNMankato, MNUnited States
 Unemployment Rate  Unlock3.7%6.0%
 Recent Job Growth  Unlock3.3%1.6%
 Future Job Growth36.6%  Unlock33.5%
 Sales Taxes9.3%  Unlock6.2%
 Income Taxes  Unlock7.1%4.6%
 Income per Cap.$28,258  Unlock$37,638
 Household Income  Unlock$56,274$69,021
 Family Median Income$54,745  Unlock$85,028
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 Est. Households By Income
 Memphis, TNMankato, MNUnited States
 Income Less Than 15K  Unlock10.2%9.4%
 Income between 15K and 20K5.3%  Unlock3.8%
 Income between 20K and 30K  Unlock11.0%8.1%
 Income between 30K and 40K10.9%  Unlock8.0%
 Income between 40K and 50K  Unlock8.0%7.6%
 Income between 50K and 60K8.1%  Unlock7.2%
 Income between 60K and 75K  Unlock9.8%9.6%
 Income between 75K and 100K9.6%  Unlock12.8%
 Income between 100K and 150K  Unlock13.1%16.3%
 Income between 150K and 200K3.6%  Unlock7.8%
 Income greater than 200K  Unlock3.1%9.5%
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 Population By Occupation
 Memphis, TNMankato, MNUnited States
 Management, business, finance12.5%  Unlock16.4%
 Engineering, computers, science  Unlock4.6%6.5%
 Community, social services1.8%  Unlock1.8%
 Legal  Unlock0.2%1.2%
 Education, library5.5%  Unlock6.2%
 Arts, design, media, sports, entertainment  Unlock2.0%2.0%
 Healthcare practitioners and technology5.7%  Unlock6.2%
 Healthcare support  Unlock6.4%3.3%
 Firefighters, law enforcement2.8%  Unlock2.1%
 Food preparation, serving  Unlock8.2%5.4%
 Building maintenance4.5%  Unlock3.6%
 Personal care  Unlock4.3%2.6%
 Sales, office, administrative support21.9%  Unlock20.9%
 Farming, fishing, forestry  Unlock0.5%0.6%
 Construction, extraction, maintenance/repair6.4%  Unlock8.1%
 Production, transportation, material moving  Unlock16.7%13.1%
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 6 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 Mankato    4 Reviews

Mankato, MN is a small community that has some nice features (small concerts, theatre, parks, etc.) but unfortunately every time you turn around there is a new social  More

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It depends on what your view of culture is. For a city of about 60,000 it does have SOME. You need to look to find it. Start at Minnesota State, from national  More

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Over 14 years ago

Love  More

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