2025 Compare Cities Economy:
Morganton, NC vs Memphis, TN

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Highlights
- Household income in Memphis, is 2% more than it is in Morganton and is 57% below the National Average.
- Morganton unemployment rate is 4.4%.
- Memphis unemployment rate is 8.0%.
 Morganton, NCMemphis, TNUnited States
 Unemployment Rate  Unlock8.0%6.0%
 Recent Job Growth  Unlock2.1%1.6%
 Future Job Growth37.3%  Unlock33.5%
 Sales Taxes6.8%  Unlock6.2%
 Income Taxes  Unlock0.0%4.6%
 Income per Cap.$23,890  Unlock$37,638
 Household Income  Unlock$43,981$69,021
 Family Median Income$48,702  Unlock$85,028
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 Est. Households By Income
 Morganton, NCMemphis, TNUnited States
 Income Less Than 15K  Unlock17.7%9.4%
 Income between 15K and 20K6.1%  Unlock3.8%
 Income between 20K and 30K  Unlock12.0%8.1%
 Income between 30K and 40K11.9%  Unlock8.0%
 Income between 40K and 50K  Unlock9.2%7.6%
 Income between 50K and 60K8.4%  Unlock7.2%
 Income between 60K and 75K  Unlock9.2%9.6%
 Income between 75K and 100K8.3%  Unlock12.8%
 Income between 100K and 150K  Unlock9.6%16.3%
 Income between 150K and 200K2.8%  Unlock7.8%
 Income greater than 200K  Unlock4.7%9.5%
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 Population By Occupation
 Morganton, NCMemphis, TNUnited States
 Management, business, finance11.2%  Unlock16.4%
 Engineering, computers, science  Unlock3.7%6.5%
 Community, social services1.6%  Unlock1.8%
 Legal  Unlock0.9%1.2%
 Education, library5.1%  Unlock6.2%
 Arts, design, media, sports, entertainment  Unlock1.5%2.0%
 Healthcare practitioners and technology6.6%  Unlock6.2%
 Healthcare support  Unlock3.4%3.3%
 Firefighters, law enforcement3.0%  Unlock2.1%
 Food preparation, serving  Unlock6.1%5.4%
 Building maintenance4.8%  Unlock3.6%
 Personal care  Unlock2.4%2.6%
 Sales, office, administrative support12.1%  Unlock20.9%
 Farming, fishing, forestry  Unlock0.2%0.6%
 Construction, extraction, maintenance/repair8.4%  Unlock8.1%
 Production, transportation, material moving  Unlock20.7%13.1%
Reviews for Morganton    4 Reviews

We moved to Morganton in 2014 and love this town/area. The natural beauty in the Catawba Valley is astounding. Mountains, rivers, and beautiful trees are everywhere. The  More

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Over 10 years ago

Will be transplanting from the suburbs of Philadelphia and have visited Morganton on our way to Asheville/Hendersonville. It is close to take in what Asheville has to  More

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Over 11 years ago

It is the best place for schools. cost of living is great. Homes are cheap and affordable. Crime is very low. Recommend moving to Morganton NC  More

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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 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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