2025 Compare Cities Economy:
Valparaiso, IN vs Memphis, TN

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Highlights
- Household income in Memphis, is 22% less than it is in Valparaiso and is 57% below the National Average.
- Valparaiso unemployment rate is 5.2%.
- Memphis unemployment rate is 8.0%.
 Valparaiso, INMemphis, TNUnited States
 Unemployment Rate  Unlock8.0%6.0%
 Recent Job Growth  Unlock2.1%1.6%
 Future Job Growth34.4%  Unlock33.5%
 Sales Taxes7.0%  Unlock6.2%
 Income Taxes  Unlock0.0%4.6%
 Income per Cap.$34,433  Unlock$37,638
 Household Income  Unlock$43,981$69,021
 Family Median Income$87,633  Unlock$85,028
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 Est. Households By Income
 Valparaiso, INMemphis, TNUnited States
 Income Less Than 15K  Unlock17.7%9.4%
 Income between 15K and 20K4.1%  Unlock3.8%
 Income between 20K and 30K  Unlock12.0%8.1%
 Income between 30K and 40K10.4%  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 100K12.9%  Unlock12.8%
 Income between 100K and 150K  Unlock9.6%16.3%
 Income between 150K and 200K5.1%  Unlock7.8%
 Income greater than 200K  Unlock4.7%9.5%
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 Population By Occupation
 Valparaiso, INMemphis, TNUnited States
 Management, business, finance15.4%  Unlock16.4%
 Engineering, computers, science  Unlock3.7%6.5%
 Community, social services3.4%  Unlock1.8%
 Legal  Unlock0.9%1.2%
 Education, library9.8%  Unlock6.2%
 Arts, design, media, sports, entertainment  Unlock1.5%2.0%
 Healthcare practitioners and technology6.2%  Unlock6.2%
 Healthcare support  Unlock3.4%3.3%
 Firefighters, law enforcement1.8%  Unlock2.1%
 Food preparation, serving  Unlock6.1%5.4%
 Building maintenance2.3%  Unlock3.6%
 Personal care  Unlock2.4%2.6%
 Sales, office, administrative support20.9%  Unlock20.9%
 Farming, fishing, forestry  Unlock0.2%0.6%
 Construction, extraction, maintenance/repair7.2%  Unlock8.1%
 Production, transportation, material moving  Unlock20.7%13.1%
Reviews for Valparaiso    11 Reviews

Over 10 years ago

I moved to Valparaiso, IN about 1 year ago. I moved here because I was attending the law school located here. At a glance, it appears to be a small town, with many new  More

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Over 11 years ago

My favorite restaurants in Valparaiso are: Panera Bread--The lines sometimes get long, but, the service is decent and the food is great. Red Robin--Bottomless fries  More

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I loved driving anywhere, down any road because of the trees, fields and green, green grass that is all over. Cost of living is outrageous! But lil towns close by make  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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