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
2020 Population
929,744
2024 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
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
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None (Hall Income tax was fully repealed January 1, 2021)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
Labor Force
Tennessee: 3,420,373
Shelby: 425,307
Employment
Tennessee: 3,303,023
Shelby: 406,246
Unemployment
Tennessee: 117,350
Shelby: 19,061
Unemployment Rate
Tennessee: 3.40%
Shelby: 4.50%
2021
Tennessee: 4.50%
Shelby: 6.90%
2022
Tennessee: 3.40%
Shelby: 4.40%
2023
Tennessee: 3.20%
Shelby: 4.20%
2024
Tennessee: 3.40%
Shelby: 4.50%
Crop and Animal Production
Employment: 192
Establishments: 31
Avg. Annual Wages: $41,914
Mining, Quarrying, and Oil and Gas Extraction
Employment: 27
Establishments: 7
Avg. Annual Wages: $91,337
Utilities
Employment: 70
Establishments: 16
Employment: $118,301
Construction
Employment: 18,078
Establishments: 1,433
Employment: $84,807
Manufacturing
Employment: 28,222
Establishments: 871
Employment: $92,389
Wholesale Trade
Employment: 28,402
Establishments: 1,795
Employment: $90,212
Retail Trade
Employment: 43,221
Establishments: 3,101
Employment: $44,540
Transportation and Warehousing
Employment: 67,415
Establishments: 1,105
Employment: $84,750
Information
Employment: 4,011
Establishments: 695
Employment: $85,628
Finance and Insurance
Employment: 13,295
Establishments: 1,494
Employment: $139,365
Real Estate and Rental and Leasing
Employment: 8,713
Establishments: 1,037
Employment: $73,551
Professional, Scientific, and Technical Services
Employment: 22,668
Establishments: 2,987
Employment: $84,112
Management of Companies and Enterprises
Employment: 8,311
Establishments: 196
Employment: $159,126
Administrative, Support, Waste Management and Remediation
Employment: 37,923
Establishments: 1,682
Employment: $45,332
Educational Services
Employment: 10,325
Establishments: 413
Employment: $56,047
Health Care and Social Assistance
Employment: 74,164
Establishments: 3,350
Employment: $71,306
Arts, Entertainment, and Recreation
Employment: 6,085
Establishments: 320
Employment: $67,812
Accommodation and Food Services
Employment: 38,151
Establishments: 2,109
Employment: $26,109
Other Services (except Public Administration)
Employment: 13,015
Establishments: 1,922
Employment: $55,331
Government
Employment: 61,481
Establishments: 185
Employment: $73,151
Unclassified
Employment: 193
Establishments: 137
Employment: $41,296
Total
Employment: 483,962
Establishments: 24,885
Employment: $71,429
Rail Transportation Workers, All Other
Employment: 62
Location Quotient*: 12.25
Procurement Clerks
Employment: 2093
Location Quotient*: 11.9
Motorboat Operators
Employment: 99
Location Quotient*: 11.44
Tax Examiners and Collectors, and Revenue Agents
Employment: 1420
Location Quotient*: 7.97
Cooks, All Other
Employment: 652
Location Quotient*: 7.74
Advanced Materials
315
Aerospace & Defense
215
Appliances & Electrical
1,085
Automotive
405
Business Services
26,514
Chemicals
2,459
Distribution & Logistics
89,895
Film, Music & Entertainment
140
Food & Beverage
4,261
Healthcare & Medical Devices
9,420
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
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
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}
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
Population
14,549
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
57,786
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 (2019)
51,324
Charter Type
Private Act
Local Option Sales Tax Rate
2.75%
City Property Tax Rate
$1.84
Phone Number
(901) 457-2200
Retire Tennessee Participant
No
Tennessee Downtowns Participant
No
Main Street Participant
Yes
Population
41,333
Charter Type
Private Act
Local Option Sales Tax Rate
2.75%
City Property Tax Rate
$1.84
Phone Number
(901) 757-7200
Retire Tennessee Participant
No
Tennessee Downtowns Participant
No
Main Street Participant
No
Population
13,904
Charter Type
General Law Manager-Commission
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
636,920
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)
10,582
Charter Type
Private Act
Local Option Sales Tax Rate
2.75%
City Property Tax Rate
$1.40
Phone Number
(901) 873-5701
Retire Tennessee Participant
No
Tennessee Downtowns Participant
No
Main Street Participant
No
ThreeStar Certified County
Yes
