2026 Compare Cities Economy:
Memphis, TN vs Miami Beach, FL

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Highlights
- Household income in Miami Beach, is 35% more than it is in Memphis and is 17% below the National Average.
- Memphis unemployment rate is 8.0%.
- Miami Beach unemployment rate is 5.9%.
 Memphis, TNMiami Beach, FLUnited States
 Unemployment Rate  Unlock5.9%6.0%
 Recent Job Growth  Unlock0.8%1.6%
 Future Job Growth36.6%  Unlock33.5%
 Sales Taxes9.3%  Unlock6.2%
 Income Taxes  Unlock0.0%4.6%
 Income per Cap.$28,258  Unlock$37,638
 Household Income  Unlock$59,162$69,021
 Family Median Income$54,745  Unlock$85,028
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 Est. Households By Income
 Memphis, TNMiami Beach, FLUnited States
 Income Less Than 15K  Unlock13.6%9.4%
 Income between 15K and 20K5.3%  Unlock3.8%
 Income between 20K and 30K  Unlock9.6%8.1%
 Income between 30K and 40K10.9%  Unlock8.0%
 Income between 40K and 50K  Unlock7.2%7.6%
 Income between 50K and 60K8.1%  Unlock7.2%
 Income between 60K and 75K  Unlock8.7%9.6%
 Income between 75K and 100K9.6%  Unlock12.8%
 Income between 100K and 150K  Unlock10.7%16.3%
 Income between 150K and 200K3.6%  Unlock7.8%
 Income greater than 200K  Unlock12.4%9.5%
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 Population By Occupation
 Memphis, TNMiami Beach, FLUnited States
 Management, business, finance12.5%  Unlock16.4%
 Engineering, computers, science  Unlock5.0%6.5%
 Community, social services1.8%  Unlock1.8%
 Legal  Unlock3.2%1.2%
 Education, library5.5%  Unlock6.2%
 Arts, design, media, sports, entertainment  Unlock4.6%2.0%
 Healthcare practitioners and technology5.7%  Unlock6.2%
 Healthcare support  Unlock1.7%3.3%
 Firefighters, law enforcement2.8%  Unlock2.1%
 Food preparation, serving  Unlock11.1%5.4%
 Building maintenance4.5%  Unlock3.6%
 Personal care  Unlock4.5%2.6%
 Sales, office, administrative support21.9%  Unlock20.9%
 Farming, fishing, forestry  Unlock0.0%0.6%
 Construction, extraction, maintenance/repair6.4%  Unlock8.1%
 Production, transportation, material moving  Unlock6.4%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 Miami Beach    15 Reviews

I like it cause its walkable. Bert in general doesn't know much and the biggest problem in Miami Beach is rising oceans. Just Google that. Its a nice place to visit  More

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Over 9 years ago

Great place to live, eat and spend holidays with  More

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Over 10 years ago

Life here are extremely expensive, I lived here 1 year ago, and this's my opinion, bad things, the parking are the worst in Miami Area, there are no space, a lot of  More

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