Assistant Commissioner, Business and Workforce Development
Time Zone
Central Time Zone
Grand Division
West Tennessee
Area (Square Miles)
761.3
County Seat
Memphis
Metropolitan Area
Memphis, TN-MS-AR
ECD Region
Memphis
Population
929,744
Population
926,440
Population Change
-0.4%
Population Forecast
878,589
Foreign Born Population
63,049
Foreign Born Persons (Percentage of Population)
6.80%
Language Other Than English Spoken At Home
9.80%
Civilian Veteran Population
45,641
White Alone
36.70%
Black or African American, alone
53.80%
American Indian And Alaska Native, alone
0.20%
Asian, alone
2.90%
Native Hawaiian or Other Pacific Islander, alone
0.00%
Some Other Race, alone
3.10%
Two or More Races
3.30%
Hispanic or Latino
6.80%
Under 5 Years Old
Male: 7.20%
Female: 0.064
Total: 6.80%
Under 18 Years Old
Male: 26.60%
Female: 23.50%
Total: 25.00%
18-64 Years Old
Male: 60.90%
Female: 60.70%
Total: 60.80%
65 Years and Over
Male: 12.50%
Female: 15.80%
Total: 14.20%
Median Age
Male: 35.9
Female: 34.3
Total: 37.5
Sources:
U.S. Census Bureau, 2018-2022 5-Year American Community Survey
U.S. Bureau of Labor Statistics
Tennessee State Data Center (2024)
Households
357,839
Homeownership Rate
55.2%
Persons Per Household
2.55
Living In Same House 1 Year & Over
87.1%
Median Home Value
$206,100
Annual Home Sales
9,099
Median Sale Price of Homes Sold
$281,000
Persons In Households With Income Below Poverty Level
18.1%
Total Personal Income
$53.8B
Personal Income Per Capita
$58,736
County Median Wage
$21.47
Less Than $10,000
7.3%
$10,000 to $14,999
5.1%
$15,000 to $24,999
8.7%
$25,000 to $34,999
8.8%
$35,000 to $49,999
12.7%
$50,000 to $74,999
16.6%
$75,000 to $99,999
11.3%
$100,000 to $149,999
14.3%
$150,000 to $199,999
6.4%
$200,000 or More
8.6%
Median Household Income
$59,621
Sources:
U.S. Census Bureau, 2018-2022 5-Year American Community Survey
Tennessee Housing Development Agency (2023)
U.S. Bureau of Economic Analysis (2023)
Lightcast (2023)
Property Tax Rate (County)
$3.3900
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
None (Hall Income tax was fully repealed January 1, 2021)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
7.0%
County Sales Tax Rate
2.25% - 2.75%
Local Sales Tax Collections
$564,809,227
Local Sales Tax Collections
$569,564,857
Local Sales Tax Collections Growth
-0.83%
Moody's
Aaa
Standard & Poor's
AAA
Fitch
AAA
State Debt per Capita
$988
County Debt Per Capita
$997
Sources:
Tennessee Comptroller of the Treasury (2024)
Tennessee Department of Revenue (2024)
The Tax Foundation (2024)
Labor Force
Tennessee: 3,379,605
Shelby: 431,889
Employment
Tennessee: 3,267,935
Shelby: 413,103
Unemployment
Tennessee: 111,670
Shelby: 18,786
Unemployment Rate
Tennessee: 3.30%
Shelby: 4.30%
2019
Tennessee: 7.40%
Shelby: 9.60%
2020
Tennessee: 4.50%
Shelby: 7.00%
2021
Tennessee: 3.40%
Shelby: 4.50%
2022
Tennessee: 3.30%
Shelby: 4.30%
Sources:
U.S. Bureau of Labor Statistics
Crop and Animal Production
Employment: 115
Establishments: 17
Avg. Annual Wages: $34,726
Mining, Quarrying, and Oil and Gas Extraction
Employment: 21
Establishments: 3
Avg. Annual Wages: $55,763
Utilities
Employment: 30
Establishments: 10
Employment: $96,090
Construction
Employment: 18,544
Establishments: 1,362
Employment: $72,128
Manufacturing
Employment: 30,462
Establishments: 794
Employment: $87,842
Wholesale Trade
Employment: 27,915
Establishments: 1,786
Employment: $86,539
Retail Trade
Employment: 45,978
Establishments: 3,029
Employment: $48,098
Transportation and Warehousing
Employment: 64,566
Establishments: 1,034
Employment: $84,855
Information
Employment: 4,206
Establishments: 567
Employment: $87,280
Finance and Insurance
Employment: 13,745
Establishments: 1,384
Employment: $140,735
Real Estate and Rental and Leasing
Employment: 7,949
Establishments: 954
Employment: $71,589
Professional, Scientific, and Technical Services
Employment: 22,394
Establishments: 2,642
Employment: $77,823
Management of Companies and Enterprises
Employment: 8,130
Establishments: 195
Employment: $155,881
Administrative, Support, Waste Management and Remediation
Employment: 50,013
Establishments: 1,511
Employment: $47,077
Educational Services
Employment: 10,624
Establishments: 366
Employment: $51,049
Health Care and Social Assistance
Employment: 69,171
Establishments: 3,106
Employment: $67,017
Arts, Entertainment, and Recreation
Employment: 5,280
Establishments: 296
Employment: $55,869
Accommodation and Food Services
Employment: 37,814
Establishments: 1,984
Employment: $24,762
Other Services (except Public Administration)
Employment: 12,904
Establishments: 1,853
Employment: $51,116
Government
Employment: 63,015
Establishments: 182
Employment: $62,507
Unclassified
Employment: 98
Establishments: 80
Employment: $39,901
Total
Employment: 493,058
Establishments: 23,169
Employment: $67,656
Airfield Operations Specialists
Employment: 594
Location Quotient*: 11.84
Aircraft Service Attendants
Employment: 485
Location Quotient*: 10.03
Nuclear Power Reactor Operators
Employment: 158
Location Quotient*: 9.45
Aircraft Mechanics and Service Technicians
Employment: 4059
Location Quotient*: 9.01
Athletes and Sports Competitors
Employment: 445
Location Quotient*: 8.68
Advanced Materials
276
Aerospace & Defense
190
Appliances & Electrical
1,786
Automotive
434
Business Services
23,839
Chemicals
2,703
Distribution & Logistics
81,712
Film, Music & Entertainment
1,403
Food & Beverage
4,324
Healthcare & Medical Devices
9,801
Fedex Corporation
Est. Employees: 30,000
City: Memphis
Shelby Board of Education
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
St.Jude Children's Research Hospital, Inc.
Est. Employees: 6,486
City: Memphis
Shelby County Government
Est. Employees: 5,600
City: Memphis
University of Tennessee
Est. Employees: 4,940
City: Memphis
Baptist Memorial Hospital
Est. Employees: 4,000
City: Memphis
Smith & Nephew, Inc.
Est. Employees: 2,878
City: Memphis
DHL Supply Chain
Est. Employees: 2,621
City: Memphis
Nearest Commercial Service Airport
Memphis International
Daily Flights At Nearest Commercial Service Airport
494
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
Federal Aviation Administration, Aeronautical Data (2024)
U.S. Census Bureau, 2018-2022 5-Year American Community Survey
Population Aged 25-64 With High School Degree Or Higher
Shelby: 89.9%
Tennessee: 91.5%
Population Aged 25-64 With Associate's Degree Or Higher
Shelby: 40.8%
Tennessee: 41.2%
Population Aged 25-64 With Bachelor's Degree Or Higher
Shelby: 34.2%
Tennessee: 32.8%
High School Graduation Rate
Shelby: 85.2%
Tennessee: 90.6%
College Going Rate
Shelby: 52.8%
Tennessee: 56.7%
Average ACT Score
Shelby: 18
Tennessee: 19.0
Elementary Schools
Enrollment: 51,698
Middle Schools
Enrollment: 23,339
High Schools
Enrollment: 29,907
Elemetary Schools
Enrollment: 1,693
Middle Schools
Enrollment: 992
High Schools
Enrollment: 2063
Elemetary Schools
Enrollment: 3,891
Middle Schools
Enrollment: 2,043
High Schools
Enrollment: 2851
University of Memphis
City: Memphis
Enrollment: 21,917
Southwest Tennessee Community College
City: Memphis
Enrollment: 6,443
Christian Brothers University
City: Memphis
Enrollment: 1,934
Rhodes College
City: Memphis
Enrollment: 2,008
Tennessee College of Applied Technology-Memphis
City: Memphis
Enrollment: 1547
Baptist Health Sciences University
City: Memphis
Enrollment: 797
Le Moyne-Owen College
City: Memphis
Enrollment: 609
Southern College of Optometry
City: Memphis
Enrollment: 532
Tennessee College of Applied Technology-Covington
City: Covington
Enrollment: 364
Sources:
U.S. Census Bureau, 2022 1-Year American Community Survey,
U.S. Census Bureau, 2022 5-Year American Community Survey
Tennessee Department of Education (2022-2023)
National Center for Education Statistics
Tennessee Board of Regents and Tennessee Higher Education Commission
† Regional higher education institutions include those within the selected and surrounding counties.
Due to data availability, federal graduation rates were used for Clay, Fentress, and Haywood counties.
Number of Doctors
4367
Adults*
34.1
Children** (Grade 8)
38.8
Baptist Memorial Hospital for Women (SATELLITE of #104)
Number of Beds: 927
City: Memphis
Baptist Memorial Hospital
Number of Beds: 927
City: Memphis
Baptist Memorial Hospital- Collierville (SATELLITE of #104)
Number of Beds: 927
City: Collierville
Delta Specialty Hospital
Number of Beds: 223
City: Memphis
Methodist Healthcare - Memphis Hospitals
Number of Beds: 1614
City: Memphis
Le Bonheur Children's Hospital (SATELLITE of #109)
Number of Beds: 1614
City: Memphis
Methodist Hospital-South (SATELLITE of #109)
Number of Beds: 1614
City: Memphis
Methodist Le Bonheur Germantown (SATELLITE of #109)
Number of Beds: 1614
City: Germantown
Methodist North (SATELLITE of #109)
Number of Beds: 1614
City: Memphis
Regional One Health
Number of Beds: 625
City: Memphis
Saint Francis Hospital
Number of Beds: 479
City: Memphis
St. Jude Children's Research Hospital
Number of Beds: 80
City: Memphis
Encompass Health Rehabilitation Hospital of Memphis, a partner of Methodist Healthcare
Number of Beds: 80
City: Memphis
Baptist Memorial Restorative Care Hospital
Number of Beds: 30
City: Memphis
Select Specialty Hospital - Memphis
Number of Beds: 39
City: Memphis
Encompass Health Rehabilitation Hospital of North Memphis, a Partner of Methodist Healthcare
Number of Beds: 50
City: Memphis
Saint Francis Hospital - Bartlett
Number of Beds: 196
City: Bartlett
Regional One Health Extended Care Hospital
Number of Beds: 30
City: Memphis
Baptist Memorial Rehabilitation Hospital
Number of Beds: 64
City: Germantown
{63}
Number of Beds: {65}
City: {64}
Sources:
American Medical Association (2023)
National Center for Chronic Disease Prevention and Health Promotion
Tennessee Department of Health
† Regional hospitals include those within the selected and surrounding counties.
Average High Temperature
72.7°F
Average Low Temperature
52.2°F
Average Annual Temperature
62.4°F
Annual Rainfall
59.01"
Elevation (at County Seat)
331'
Prevailing Winds
Southwest
Sources:
National Oceanic and Atmospheric Administration (2023)
Population (2022)
11,697
Charter Type
General Law Mayor-Alderman
Local Option Sales Tax Rate
2.75%
City Property Tax Rate
$1.37
Phone Number
(901) 867-2620
Retire Tennessee Participant
No
Tennessee Downtowns Participant
Yes
Main Street Participant
No
Population (2022)
59,102
Charter Type
Private Act
Local Option Sales Tax Rate
2.75%
City Property Tax Rate
$1.83
Phone Number
(901) 385-6400
Retire Tennessee Participant
No
Tennessee Downtowns Participant
No
Main Street Participant
No
Population (2019)
50,086
Charter Type
Private Act
Local Option Sales Tax Rate
2.75%
City Property Tax Rate
$1.83
Phone Number
(901) 457-2200
Retire Tennessee Participant
No
Tennessee Downtowns Participant
No
Main Street Participant
Yes
Population (2022)
39,193
Charter Type
Private Act
Local Option Sales Tax Rate
2.75%
City Property Tax Rate
$1.95
Phone Number
(901) 757-7200
Retire Tennessee Participant
No
Tennessee Downtowns Participant
No
Main Street Participant
No
Population (2022)
12,606
Charter Type
General Law Manager-Commission
Local Option Sales Tax Rate
2.75%
City Property Tax Rate
$1.24
Phone Number
(901) 867-2717
Retire Tennessee Participant
No
Tennessee Downtowns Participant
No
Main Street Participant
No
Population (2022)
651,932
Charter Type
Home Rule
Local Option Sales Tax Rate
2.75%
City Property Tax Rate
$3.20
Phone Number
(901) 576-6500
Retire Tennessee Participant
No
Tennessee Downtowns Participant
No
Main Street Participant
No
Population (2019)
10,645
Charter Type
Private Act
Local Option Sales Tax Rate
2.75%
City Property Tax Rate
$1.53
Phone Number
(901) 873-5701
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