Assistant Commissioner, Business and Workforce Development
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
927,644
Population
929,744
Population Change
0.20%
Population Forecast
966,776
Foreign Born Population
60,857
Foreign Born Persons (Percentage of Population)
6.50%
Language Other Than English Spoken At Home
9.40%
Civilian Veteran Population
49,144
White Alone
38.10%
Black or African American, alone
53.90%
American Indian And Alaska Native, alone
0.20%
Asian, alone
2.70%
Native Hawaiian or Other Pacific Islander, alone
0.00%
Some Other Race, alone
2.80%
Two or More Races
2.30%
Hispanic or Latino
6.40%
Under 5 Years Old
Male: 7.50%
Female: 6.60%
Total: 7.00%
Under 18 Years Old
Male: 26.70%
Female: 23.50%
Total: 25.00%
18-64 Years Old
Male: 61.40%
Female: 61.40%
Total: 61.40%
65 Years and Over
Male: 11.90%
Female: 15.10%
Total: 13.60%
Median Age
Male: 33.9
Female: 37.4
Total: 35.7
Sources:
U.S. Census Bureau, 2015-2019 5-Year American Community Survey
U.S. Census Bureau, 2019 Annual Population Estimates
U.S. Bureau of Labor Statistics
Tennessee State Data Center (2022)
Households
356,607
Homeownership Rate
54.80%
Persons Per Household
2.58
Living In Same House 1 Year & Over
85.40%
Median Home Value
$158,700
Annual Home Sales
10,829
Median Sale Price of Homes Sold
$208,000
Persons In Households With Income Below Poverty Level
19.00%
Total Personal Income
$50.4B
Personal Income Per Capita
$53,855
County Median Wage
$19.12
Less Than $10,000
8.60%
$10,000 to $14,999
5.80%
$15,000 to $24,999
10.40%
$25,000 to $34,999
10.30%
$35,000 to $49,999
13.10%
$50,000 to $74,999
17.00%
$75,000 to $99,999
10.80%
$100,000 to $149,999
12.40%
$150,000 to $199,999
5.10%
$200,000 or More
6.50%
Median Household Income
$52,092
Sources:
U.S. Census Bureau, 2016-2020 5-Year American Community Survey
Tennessee Housing Development Agency (2019)
U.S. Bureau of Economic Analysis (2020)
Economic Modeling Specialists Intl. (2022)
Property Tax Rate (County)
$3.45
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None (Hall Income tax was fully repealed January 1, 2021)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
7.00%
County Sales Tax Rate
2.25% - 2.75%
Local Sales Tax Collections
$538,632,750
Local Sales Tax Collections
$484,879,660
Local Sales Tax Collections Growth
11.09%
Moody's
Aaa
Standard & Poor's
AAA
Fitch
AAA
State Debt per Capita
$992 (Lowest in U.S.)
County Debt Per Capita
$1,051
Sources:
Tennessee Comptroller of the Treasury (2022)
Tennessee Department of Revenue (2022)
The Tax Foundation (2022)
Labor Force
Tennessee: 3,327,738
Shelby: 447,442
Employment
Tennessee: 3,184,489
Shelby: 416,969
Unemployment
Tennessee: 143,248
Shelby: 30,473
Unemployment Rate
Tennessee: 4.30%
Shelby: 6.80%
2018
Tennessee: 3.50%
Shelby: 4.20%
2019
Tennessee: 3.40%
Shelby: 4.00%
2020
Tennessee: 7.40%
Shelby: 9.50%
2021
Tennessee: 4.30%
Shelby: 6.80%
Sources:
U.S. Bureau of Labor Statistics
Crop and Animal Production
Employment: 83
Establishments: 15
Avg. Annual Wages: $32,178
Mining, Quarrying, and Oil and Gas Extraction
Employment: 25
Establishments: 3
Avg. Annual Wages: $63,515
Utilities
Employment: 24
Establishments: 8
Employment: $79,465
Construction
Employment: 17,815
Establishments: 1,310
Employment: $67,460
Manufacturing
Employment: 30,461
Establishments: 755
Employment: $83,054
Wholesale Trade
Employment: 26,562
Establishments: 1,715
Employment: $79,073
Retail Trade
Employment: 46,305
Establishments: 2,985
Employment: $42,952
Transportation and Warehousing
Employment: 60,094
Establishments: 944
Employment: $80,605
Information
Employment: 3,865
Establishments: 443
Employment: $80,307
Finance and Insurance
Employment: 14,201
Establishments: 1,338
Employment: $135,490
Real Estate and Rental and Leasing
Employment: 7,614
Establishments: 917
Employment: $66,135
Professional, Scientific, and Technical Services
Employment: 19,912
Establishments: 2,385
Employment: $72,837
Management of Companies and Enterprises
Employment: 8,481
Establishments: 199
Employment: $155,064
Administrative, Support, Waste Management and Remediation
Employment: 46,446
Establishments: 1,376
Employment: $43,587
Educational Services
Employment: 9,677
Establishments: 328
Employment: $49,741
Health Care and Social Assistance
Employment: 70,661
Establishments: 2,991
Employment: $62,403
Arts, Entertainment, and Recreation
Employment: 4,238
Establishments: 264
Employment: $62,137
Accommodation and Food Services
Employment: 33,496
Establishments: 1,924
Employment: $21,664
Other Services (except Public Administration)
Employment: 12,669
Establishments: 1,846
Employment: $46,331
Government
Employment: 61,945
Establishments: 181
Employment: $60,173
Unclassified
Employment: 47
Establishments: 25
Employment: $26,628
Total
Employment: 474,706
Establishments: 21,964
Employment: $63,910
Ambulance Drivers and Attendants, Except Emergency Medical Technicians
Employment: 372
Location Quotient*: 6.5
Captains, Mates, and Pilots of Water Vessels
Employment: 735
Location Quotient*: 6.41
Prosthodontists
Employment: 12
Location Quotient*: 6.11
Material Moving Workers, All Other
Employment: 620
Location Quotient*: 5.87
Pediatricians, General
Employment: 577
Location Quotient*: 5.7
Advanced Materials
176
Aerospace & Defense
182
Appliances & Electrical
1,635
Automotive
412
Business Services
25,132
Chemicals
2,960
Distribution & Logistics
75,965
Film, Music & Entertainment
137
Food & Beverage
4,125
Healthcare & Medical Devices
9,972
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: 5,000
City: Memphis
Baptist Memorial Hospital
Est. Employees: 4,000
City: Memphis
University of Tennessee
Est. Employees: 4,000
City: Memphis
International Paper Company
Est. Employees: 3,000
City: Memphis
First Horizon National Corporation
Est. Employees: 2,600
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
Shelby: 88.90%
Tennessee: 89.50%
Population Aged 25-64 With Associate's Degree Or Higher
Shelby: 38.30%
Tennessee: 36.70%
Population Aged 25-64 With Bachelor's Degree Or Higher
Shelby: 31.40%
Tennessee: 28.70%
High School Graduation Rate
Shelby: 83%
Tennessee: 89%
College Going Rate
Shelby: 63.50%
Tennessee: 63.40%
Average ACT Score
Shelby: 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
Healthsouth Rehabilitation Hospital-North
Number of Beds: 50
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 (2020)
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 (2020)
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 (2020)
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 (2020)
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 (2020)
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