2025 Compare Cities Economy:
Memphis, TN vs Princeton, NJ

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Highlights
- Household income in Princeton, is 276% more than it is in Memphis and is 58% above the National Average.
- Memphis unemployment rate is 8.0%.
- Princeton unemployment rate is 3.6%.
 Memphis, TNPrinceton, NJUnited States
 Unemployment Rate  Unlock3.6%6.0%
 Recent Job Growth  Unlock1.3%1.6%
 Future Job Growth36.6%  Unlock33.5%
 Sales Taxes9.3%  Unlock6.2%
 Income Taxes  Unlock5.5%4.6%
 Income per Cap.$28,258  Unlock$37,638
 Household Income  Unlock$165,149$69,021
 Family Median Income$54,745  Unlock$85,028
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 Est. Households By Income
 Memphis, TNPrinceton, NJUnited States
 Income Less Than 15K  Unlock5.8%9.4%
 Income between 15K and 20K5.3%  Unlock3.8%
 Income between 20K and 30K  Unlock2.5%8.1%
 Income between 30K and 40K10.9%  Unlock8.0%
 Income between 40K and 50K  Unlock2.1%7.6%
 Income between 50K and 60K8.1%  Unlock7.2%
 Income between 60K and 75K  Unlock6.6%9.6%
 Income between 75K and 100K9.6%  Unlock12.8%
 Income between 100K and 150K  Unlock11.4%16.3%
 Income between 150K and 200K3.6%  Unlock7.8%
 Income greater than 200K  Unlock44.1%9.5%
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 Population By Occupation
 Memphis, TNPrinceton, NJUnited States
 Management, business, finance12.5%  Unlock16.4%
 Engineering, computers, science  Unlock16.6%6.5%
 Community, social services1.8%  Unlock1.8%
 Legal  Unlock2.0%1.2%
 Education, library5.5%  Unlock6.2%
 Arts, design, media, sports, entertainment  Unlock4.2%2.0%
 Healthcare practitioners and technology5.7%  Unlock6.2%
 Healthcare support  Unlock1.1%3.3%
 Firefighters, law enforcement2.8%  Unlock2.1%
 Food preparation, serving  Unlock2.4%5.4%
 Building maintenance4.5%  Unlock3.6%
 Personal care  Unlock1.3%2.6%
 Sales, office, administrative support21.9%  Unlock20.9%
 Farming, fishing, forestry  Unlock0.1%0.6%
 Construction, extraction, maintenance/repair6.4%  Unlock8.1%
 Production, transportation, material moving  Unlock2.7%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 5 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 Princeton    5 Reviews

Many cities have colleges in them, but Princeton's character and quality of life are very deeply influenced by having such an outstanding school contributing to all  More

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Over 16 years ago

police are very quick to respond and resolve crime problems. very safe place to live. when you feel safe, all other issues are  More

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You'll never lose on a real estate investment in Princeton. It has that cache that people always desire. McCarter Theatre, University concerts, fine dining, great  More

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