2025 Compare Cities Economy:
Memphis, TN vs Winston-Salem, NC

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Highlights
- Household income in Winston-Salem, is 14% more than it is in Memphis and is 37% below the National Average.
- Memphis unemployment rate is 8.0%.
- Winston-Salem unemployment rate is 5.2%.
 Memphis, TNWinston-Salem, NCUnited States
 Unemployment Rate  Unlock5.2%6.0%
 Recent Job Growth  Unlock1.6%1.6%
 Future Job Growth36.6%  Unlock33.5%
 Sales Taxes9.3%  Unlock6.2%
 Income Taxes  Unlock5.3%4.6%
 Income per Cap.$28,258  Unlock$37,638
 Household Income  Unlock$50,204$69,021
 Family Median Income$54,745  Unlock$85,028
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 Est. Households By Income
 Memphis, TNWinston-Salem, NCUnited States
 Income Less Than 15K  Unlock13.7%9.4%
 Income between 15K and 20K5.3%  Unlock3.8%
 Income between 20K and 30K  Unlock11.4%8.1%
 Income between 30K and 40K10.9%  Unlock8.0%
 Income between 40K and 50K  Unlock9.5%7.6%
 Income between 50K and 60K8.1%  Unlock7.2%
 Income between 60K and 75K  Unlock9.2%9.6%
 Income between 75K and 100K9.6%  Unlock12.8%
 Income between 100K and 150K  Unlock11.7%16.3%
 Income between 150K and 200K3.6%  Unlock7.8%
 Income greater than 200K  Unlock5.4%9.5%
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 Population By Occupation
 Memphis, TNWinston-Salem, NCUnited States
 Management, business, finance12.5%  Unlock16.4%
 Engineering, computers, science  Unlock5.2%6.5%
 Community, social services1.8%  Unlock1.8%
 Legal  Unlock1.1%1.2%
 Education, library5.5%  Unlock6.2%
 Arts, design, media, sports, entertainment  Unlock1.7%2.0%
 Healthcare practitioners and technology5.7%  Unlock6.2%
 Healthcare support  Unlock3.6%3.3%
 Firefighters, law enforcement2.8%  Unlock2.1%
 Food preparation, serving  Unlock5.6%5.4%
 Building maintenance4.5%  Unlock3.6%
 Personal care  Unlock2.6%2.6%
 Sales, office, administrative support21.9%  Unlock20.9%
 Farming, fishing, forestry  Unlock0.3%0.6%
 Construction, extraction, maintenance/repair6.4%  Unlock8.1%
 Production, transportation, material moving  Unlock13.8%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 Winston-Salem    26 Reviews

Over 5 years ago

Winston Salem is a corrupt and sad city. Many residents aren't open to new comers and crime is rampant. The abysmal crime rate is due in part to the corrupt and  More

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Over 5 years ago

I’ve lived here since 2008 and the community is beautiful and quiet. Convenient to everything and if you’re not a lazy person you can walk to Walmart, the bank,  More

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I didn't fully appreciate WS until I left. I still have family and friends there, and when I visit (I've lived in various places, now in the midwest for about 20 years)  More

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