GET THE FACTS
The facts make the case for Memphis. Here, businesses benefit from unparalleled global connectivity, exceptional urban advantages and a powerful, diverse workforce.
Read the most requested data on Greater Memphis.
Memphis is the county seat of Shelby County, the largest county in Tennessee. Get a comprehensive look at Shelby County, including our population, demographics, housing, income, taxes, labor force, industries, employers, transportation, logistics, education, health, public safety, climate, and community information.
Time Zone
Central Time Zone
Grand Division
West Tennessee
Area (Square Miles)
763.2
County Seat
Memphis
Metropolitan Area
Memphis, TN-MS-AR
ECD Region
Memphis
Population (2014)
927,644
Population (2019)
929,744
Population Change (2014-2019)
0.2%
Population Forecast (2040)
975,420
Foreign Born Population
61,192
Foreign Born Persons (Percentage of Population)
6.5%
Language Other Than English Spoken At Home
9.6%
Civilian Veteran Population
50,343
White Alone
39.1%
Black or African American, alone
53.7%
American Indian And Alaska Native, alone
0.2%
Asian, alone
2.6%
Native Hawaiian or Other Pacific Islander, alone
0.0%
Some Other Race, alone
2.7%
Two or More Races
1.7%
Hispanic or Latino
6.4%
Under 5 Years Old
Male: 7.5%
Female: 6.6%
Total: 7.1%
Under 18 Years Old
Male: 26.8%
Female: 23.6%
Total: 25.1%
18-64 Years Old
Male: 61.8%
Female: 61.8%
Total: 61.8%
65 Years and Over
Male: 11.4%
Female: 14.6%
Total: 13.1%
Median Age
Male: 33.8
Female: 37.4
Total: 35.6
Households
520,309
Homeownership Rate
61.40
Persons Per Household
2.53
Living In Same House 1 Year & Over
71.40
Median Home Value
172,700
Annual Home Sales
19,872
Median Sale Price of Homes Sold
220000
Persons In Households With Income Below Poverty Level
16.90
Total Personal Income
72414104
Personal Income Per Capita
54198
Less Than $10,000
8.6%
$10,000 to $14,999
5.9%
$15,000 to $24,999
11.0%
$25,000 to $34,999
10.2%
$35,000 to $49,999
13.1%
$50,000 to $74,999
17.1%
$75,000 to $99,999
10.9%
$100,000 to $149,999
12.3%
$150,000 to $199,999
5.1%
$200,000 or More
5.8%
Median Household Income
$51,657
Sources:
U.S. Census Bureau, 2014-2018 5-Year American Community Survey
Tennessee Housing Development Agency (2019)
U.S. Bureau of Economic Analysis (2018)
Economic Modeling Specialists Intl. (2020)
Property Tax Rate (County)
$4.0500
State Property Tax
None
Assessment Ratio: Residential Property
25%
Assessment Ratio: Farm Property
25%
Assessment Ratio: Commercial/Industrial Property
40%
Assessment Ratio: Public Utility Property
55%
Assessment Ratio: Business Personal Property
30%
State Income Tax on Wages
None
State Income Tax: Interest from Bonds and Notes and Dividends from Stock
1% (Hall Income tax is fully repealed after January 1, 2021)
Excise Tax (State)
6.5% of Tennessee taxable income
Franchise Tax (state)
0.25% of the greater of net worth or real and tangible property in Tennessee. The minimum tax is $100.
Unemployment Insurance Tax (state)
2.7% of the first $7,000 in wages for new employers
State Sales Tax Rate
7.00%
County Sales Tax Rate
2.25% - 2.75%
Local Sales Tax Collections (FY 2017)
$322,842,905
Local Sales Tax Collections (FY 2018)
$371,257,328
Local Sales Tax Collections Growth (FY 2017-FY 2018)
15.00%
Moody's
Aaa
Standard & Poor's
AAA
Fitch
AAA
State Debt per Capita
$929 (lowest in U.S.)
County Debt Per Capita
$1,046
Sources:
Tennessee Comptroller of the Treasury (2020)
Tennessee Department of Revenue (2020)
The Tax Foundation (2020)
Unemployment Rate
Tennessee: 7.5%
County Profile: 9.7%
County Profile
Current: 3.6%
12 Months Ago: 3.6%
2015
Tennessee: 3.7%
County Profile: 4.3%
2016
Tennessee: 3.5%
County Profile: 4.1%
2017
Tennessee: 3.4%
County Profile: 4.0%
2018
Tennessee: 7.5%
County Profile: 9.7%
Sources:
Tennessee Department of Labor and Workforce Development (December 2018)
U.S. Bureau of Labor Statistics
Crop and Animal Production
Employment: 196
Establishments: 29
Avg. Annual Wages: $35,473
Mining, Quarrying, and Oil and Gas Extraction
Employment: 29
Establishments: 4
Avg. Annual Wages: $63,956
Utilities
Employment: 20
Establishments: 7
Employment: $72,534
Construction
Employment: 18,242
Establishments: 1,307
Employment: $62,719
Manufacturing
Employment: 31,903
Establishments: 719
Employment: $77,970
Wholesale Trade
Employment: 27,470
Establishments: 1,710
Employment: $75,272
Retail Trade
Employment: 47,550
Establishments: 2,948
Employment: $38,204
Transportation and Warehousing
Employment: 59,308
Establishments: 875
Employment: $71,783
Information
Employment: 4,297
Establishments: 369
Employment: $72,099
Finance and Insurance
Employment: 14,987
Establishments: 1,319
Employment: $115,788
Real Estate and Rental and Leasing
Employment: 8,213
Establishments: 890
Employment: $59,437
Professional, Scientific, and Technical Services
Employment: 19,946
Establishments: 2,226
Employment: $67,867
Management of Companies and Enterprises
Employment: 8,647
Establishments: 198
Employment: $136,988
Administrative, Support, Waste Management and Remediation
Employment: 47,845
Establishments: 1,330
Employment: $39,287
Educational Services
Employment: 9,932
Establishments: 306
Employment: $45,165
Health Care and Social Assistance
Employment: 71,550
Establishments: 2,525
Employment: $57,562
Arts, Entertainment, and Recreation
Employment: 5,092
Establishments: 259
Employment: $62,256
Accommodation and Food Services
Employment: 39,820
Establishments: 1,909
Employment: $20,236
Other Services (except Public Administration)
Employment: 13,596
Establishments: 2,207
Employment: $42,344
Government
Employment: 62,765
Establishments: 183
Employment: $58,550
Unclassified
Employment: 36
Establishments: 13
Employment: $27,098
Total
Employment: 491,444
Establishments: 21,330
Employment: $58,351
Fedex Corporation
Est. Employees: 30,000
City: Memphis
Shelby County Schools
Est. Employees: 16,000
City: Memphis
Methodist Le Bonheur Healthcare
Est. Employees: 9,000
City: Memphis
City of Memphis
Est. Employees: 8,000
City: Memphis
Shelby County Government
Est. Employees: 5,600
City: Memphis
St. Jude Children's Research Hospital, Inc.
Est. Employees: 4,700
City: Memphis
Baptist Memorial Hospital
Est. Employees: 4,000
City: Memphis
First Horizon National Corporation
Est. Employees: 4,000
City: Memphis
University of Tennessee
Est. Employees: 4,000
City: Memphis
International Paper Company
Est. Employees: 3000
City: Memphis
Nearest Commercial Service Airport
Memphis International
Daily Flights At Nearest Commercial Service Airport
160
Nearest General Aviation Airport
Memphis International
Runway Length at Nearest General Aviation Airport
11,120'
Mean Travel Time to Work (Minutes)
22.6
Access of Interstate
I-40, I-55 & I-240
U.S. Highways
51, 64, 70, 72, 79
State Highways
1, 3, 4, 14, 15, 23, 57, 86, 175, 176, 177, 193, 204, 205, 277, 278, 300, 385, 388
Nearest Port (From County Seat)
Memphis
Railroads Serving County
CSX, Illinois Central Railroad, NS, Burlington Northern Railroad, Union Pacific Railroad
Sources:
Tennessee Department of Transportation
U.S. Census Bureau, 2010-2014 5-Year American Community Survey
Population Aged 25-64 With High School Degree Or Higher
County Profile: 88.90%
Tennessee: 89.50%
Population Aged 25-64 With Associate's Degree Or Higher
County Profile: 38.30%
Tennessee: 36.70%
Population Aged 25-64 With Bachelor's Degree Or Higher
County Profile: 31.40%
Tennessee: 28.70%
High School Graduation Rate
County Profile: 83%
Tennessee: 89%
College Going Rate
County Profile: 63.50%
Tennessee: 63.40%
Average ACT Score
County Profile: 19.1
Tennessee: 20.2
Elementary Schools
Enrollment: 50,890
Middle Schools
Enrollment: 22,975
High Schools
Enrollment: 30,606
Elemetary Schools
Enrollment: 1,649
Middle Schools
Enrollment: 1,258
High Schools
Enrollment: 2,046
Elemetary Schools
Enrollment: 3,878
Middle Schools
Enrollment: 2,207
High Schools
Enrollment: 2,304
University of Memphis
City: Memphis
Enrollment: 21,453
Southwest Tennessee Community College
City: Memphis
Enrollment: 8,472
Christian Brothers University
City: Memphis
Enrollment: 2,138
Rhodes College
City: Memphis
Enrollment: 2,029
Tennessee College of Applied Technology-Memphis
City: Memphis
Enrollment: 1,652
Baptist Memorial College of Health Sciences
City: Memphis
Enrollment: 1,076
Le Moyne-Owen College
City: Memphis
Enrollment: 959
Southern College of Optometry
City: Memphis
Enrollment: 530
Memphis College of Art
City: Memphis
Enrollment: 378
Tennessee College of Applied Technology-Covington
City: Covington
Enrollment: 388
Sources:
U.S. Census Bureau, 2017 1-Year American Community Survey,
U.S. Census Bureau, 2013-2017 5-Year American Community Survey
Tennessee Department of Education (2017-2018)
National Center for Education Statistics (2016-2017)
Tennessee Higher Education Commission
† Regional higher education institutions include those within the selected and surrounding counties.
Number of Doctors
3,407
Adults*
32.6%
Children** (Grade 8)
38.9%
Methodist Hospital-Germantown
Number of Beds: 1,593
City: Germantown
Methodist Hospital-South
Number of Beds: 1,593
City: Memphis
Methodist Hospital - North
Number of Beds: 1,593
City: Memphis
Methodist Healthcare - Memphis Hospitals
Number of Beds: 1,593
City: Memphis
Le Bonheur Children's Hospital
Number of Beds: 1,593
City: Memphis
Baptist Memorial Hospital - Collierville
Number of Beds: 927
City: Collierville
Baptist Memorial Hospital for Women
Number of Beds: 927
City: Memphis
Baptist Memorial Hospital
Number of Beds: 927
City: Memphis
Regional One Health
Number of Beds: 625
City: Memphis
Saint Francis Hospital
Number of Beds: 479
City: Memphis
Delta Medical Center
Number of Beds: 223
City: Memphis
Saint Francis Hospital - Bartlett
Number of Beds: 196
City: Bartlett
St. Jude Children's Research Hospital
Number of Beds: 80
City: Memphis
Healthsouth Rehabilitation Hospital of Memphis
Number of Beds: 80
City: Memphis
Baptist Memorial Rehabilitation Hospital
Number of Beds: 49
City: Germantown
Select Specialty Hospital - Memphis
Number of Beds: 39
City: Memphis
Regional One Health Extended Care Hospital
Number of Beds: 30
City: Memphis
Baptist Memorial Restorative Care Hospital
Number of Beds: 30
City: Memphis
Baptist Memorial Hospital - Tipton
Number of Beds: 100
City: Covington
Sources:
Tennessee Department of Health (2014)
Tennessee Bureau of Investigation (2014)
† Regional hospitals include those within the selected and surrounding counties.
Average High Temperature
72.4°F
Average Low Temperature
53.6°F
Average Annual Temperature
63°F
Annual Rainfall
53.67"
Elevation (at County Seat)
331'
Prevailing Winds
Southwest
Sources:
usclimatedata.com (2015)
Population (2013)
14,158
Charter Type
General Law Mayor-Alderman
Local Option Sales Tax Rate
2.75%
City Property Tax Rate
$1.28
Phone Number
(901) 867-2620
Retire Tennessee Participant
No
Tennessee Downtowns Participant
Yes
Main Street Participant
No
Population (2013)
57,639
Charter Type
Private Act
Local Option Sales Tax Rate
2.75%
City Property Tax Rate
$1.73
Phone Number
(901) 385-6400
Retire Tennessee Participant
No
Tennessee Downtowns Participant
No
Main Street Participant
No
Population (2013)
50,669
Charter Type
Private Act
Local Option Sales Tax Rate
2.75%
City Property Tax Rate
$1.72
Phone Number
(901) 457-2200
Retire Tennessee Participant
No
Tennessee Downtowns Participant
No
Main Street Participant
Yes
Population (2013)
40,955
Charter Type
Private Act
Local Option Sales Tax Rate
2.75%
City Property Tax Rate
$1.67
Phone Number
(901) 757-7200
Retire Tennessee Participant
No
Tennessee Downtowns Participant
No
Main Street Participant
No
Population (2013)
13,693
Local Option Sales Tax Rate
2.75%
City Property Tax Rate
$1.19
Phone Number
(901) 867-2717
Retire Tennessee Participant
No
Tennessee Downtowns Participant
No
Main Street Participant
No
Population (2013)
634,139
Charter Type
Home Rule
Local Option Sales Tax Rate
2.75%
City Property Tax Rate
2.70
Phone Number
(901) 576-6500
Retire Tennessee Participant
No
Tennessee Downtowns Participant
No
Main Street Participant
No
ThreeStar Certified County
Yes
Sources:
Tennessee Municipal Technical Advisory Service
Tennessee Department of Revenue (2015)
Tennessee Comptroller of the Treasury (2015)
U.S. Census Bureau, 2010-2014 5-Year American Community Survey