Population
1,054,953
Population
1,057,847
Population Change
0.30%
Population Forecast
1,115,830
Foreign Born Population
63,411
Foreign Born Persons (Percentage of Population)
6.00%
Language Other Than English Spoken At Home
8.70%
Civilian Veteran Population
60,176
White Alone
59.00%
Black or African American, alone
32.30%
American Indian And Alaska Native, alone
0.40%
Asian, alone
1.10%
Native Hawaiian or Other Pacific Islander, alone
0.10%
Some Other Race, alone
2.40%
Two or More Races
4.80%
Hispanic or Latino
4.20%
Under 5 Years Old
Male: 7.30%
Female: 6.50%
Total: 6.90%
Under 18 Years Old
Male: 26.40%
Female: 23.40%
Total: 24.80%
18-64 Years Old
Male: 61.70%
Female: 61.60%
Total: 61.70%
65 Years and Over
Male: 11.90%
Female: 15.00%
Total: 13.50%
Households
395,975
Homeownership Rate
57.9%
Persons Per Household
2.64
Annual Home Sales
10,230
Persons In Households With Income Below Poverty Level
20.8%
Total Personal Income
$48,139,297,000
Personal Income Per Capita
$45,317
Less Than $10,000
9.4%
$10,000 to $14,999
6.0%
$15,000 to $24,999
12.3%
$25,000 to $34,999
11.2%
$35,000 to $49,999
13.1%
$50,000 to $74,999
17.1%
$75,000 to $99,999
10.8%
$100,000 to $149,999
11.2%
$150,000 to $199,999
4.5%
$200,000 or More
4.3%
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
3% (Hall Income tax is fully repealed after January 1, 2021)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 $8,000 in wages for new employers
State Sales Tax Rate
7.0%
Local Sales Tax Collections
$298,211,661
Local Sales Tax Collections
$300,969,179
Local Sales Tax Collections Growth
0.9%
Moody's
Aaa
Standard & Poor's
AAA
Fitch
AAA
State Debt per Capita
$913 (lowest in U.S.)
Labor Force
Tennessee: 3,139,378
Greater Memphis: 490,940
Employment
Tennessee: 2,988,212
Greater Memphis: 463,890
Unemployment
Tennessee: 151,166
Greater Memphis: 27,050
Unemployment Rate
Tennessee: 4.8%
Greater Memphis: 5.5%
2019
Tennessee: 7.7%
Greater Memphis: 8.9%
2020
Tennessee: 6.5%
Greater Memphis: 7.6%
2021
Tennessee: 5.5%
Greater Memphis: 6.5%
2022
Tennessee: 4.8%
Greater Memphis: 5.5%
Crop and Animal Production
Employment: 613
Establishments: 85
Avg. Annual Wages: $44,079
Mining, Quarrying, and Oil and Gas Extraction
Employment: 52
Establishments: 7
Avg. Annual Wages: $73,327
Utilities
Employment: 149
Establishments: 8
Employment: $93,968
Construction
Employment: 17,971
Establishments: 1,439
Employment: $69,333
Manufacturing
Employment: 39,043
Establishments: 767
Employment: $96,445
Wholesale Trade
Employment: 28,755
Establishments: 1,809
Employment: $79,724
Retail Trade
Employment: 54,585
Establishments: 3,220
Employment: $39,706
Transportation and Warehousing
Employment: 54,770
Establishments: 837
Employment: $75,016
Information
Employment: 5,038
Establishments: 312
Employment: $74,900
Finance and Insurance
Employment: 15,497
Establishments: 1,426
Employment: $123,384
Real Estate and Rental and Leasing
Employment: 8,266
Establishments: 890
Employment: $61,324
Professional, Scientific, and Technical Services
Employment: 21,229
Establishments: 2,182
Employment: $66,715
Management of Companies and Enterprises
Employment: 6,712
Establishments: 180
Employment: $140,025
Administrative, Support, Waste Management and Remediation
Employment: 54,533
Establishments: 1,331
Employment: $40,817
Educational Services
Employment: 8,907
Establishments: 279
Employment: $53,259
Health Care and Social Assistance
Employment: 71,296
Establishments: 2,231
Employment: $61,971
Arts, Entertainment, and Recreation
Employment: 5,110
Establishments: 235
Employment: $59,725
Accommodation and Food Services
Employment: 44,429
Establishments: 1,859
Employment: $20,690
Other Services (except Public Administration)
Employment: 13,450
Establishments: 2,432
Employment: $42,692
Government
Employment: 65,347
Establishments: 294
Employment: $77,646
Unclassified
Employment: <10
Establishments: 9
Employment: Insf. Data
Total
Employment: 515,761
Establishments: 21,832
Employment: $63,535
FedEx Corp.
Est. Employees: 32,000
City: Memphis
Shelby County Schools
Est. Employees: 16,000
City: Memphis
United States Government
Est. Employees: 13,900
City: Memphis
Methodist Le Bonheur Healthcare
Est. Employees: 10,175
City: Memphis
Baptist Memorial Health Care Corp.
Est. Employees: 8,587
City: Memphis
City of Memphis
Est. Employees: 6,848
City: Memphis
Wal-Mart Stores Inc.
Est. Employees: 6,000
City: Memphis
Shelby County Government
Est. Employees: 5,662
City: Memphis
Tennessee State Government
Est. Employees: 5,200
City: Memphis
Naval Support Activity Midsouth
Est. Employees: 4,600
City: Millington
Nearest Commercial Service Airport
Memphis International Airport
Daily Flights At Nearest Commercial Service Airport
160
Nearest General Aviation Airport
4 in region
Access of Interstate
I-40, I-155
U.S. Highways
51, 64, 70, 72, 79
Nearest Port (From County Seat)
Memphis, Caruthersville MO
Railroads Serving County
Burlington Northern Railroad, Mississippi Central Railroad, NS, Union Pacific Railroad, CSX, Illinois Central Railroad
Population Aged 25-64 With High School Degree Or Higher
Greater Memphis: 88.2%
Tennessee: 89.1%
Population Aged 25-64 With Associate's Degree Or Higher
Greater Memphis: 36.3%
Tennessee: 35.7%
Population Aged 25-64 With Bachelor's Degree Or Higher
Greater Memphis: 29.3%
Tennessee: 27.7%
High School Graduation Rate
Greater Memphis: 81.9%
Tennessee: 89.1%
College Going Rate
Greater Memphis: 58.5%
Tennessee: 60.8%
Average ACT Score
Greater Memphis: 19.0
Tennessee: 20.1
Number of Doctors
2,488
Baptist Memorial Hospital
Number of Beds: 706
City: Memphis
Baptist Memorial Hospital - Collierville
Number of Beds: 81
City: Collierville
Baptist Memorial Hospital - Tipton
Number of Beds: 100
City: Covington
Baptist Memorial Hospital For Women
Number of Beds: 140
City: Memphis
Baptist Memorial Rehabilitation Hospital
Number of Beds: 49
City: Germantown
Baptist Memorial Restorative Care Hospital
Number of Beds: 30
City: Memphis
Baptist Rehabilitation-Germantown
Number of Beds: 11
City: Germantown
Bolivar General Hospital
Number of Beds: 51
City: Bolivar
Delta Medical Center
Number of Beds: 243
City: Memphis
Dyersburg Regional Medical Center
Number of Beds: 225
City: Dyersburg
Healthsouth Rehabilitation Hospital - North
Number of Beds: 50
City: Memphis
Healthsouth Rehabilitation Hospital of Memphis
Number of Beds: 80
City: Memphis
Lauderdale Community Hospital
Number of Beds: 25
City: Ripley
Le Bonheur Children's Hospital
Number of Beds: 245
City: Memphis
Methodist Extended Care Hospital, Inc.
Number of Beds: 36
City: Memphis
Methodist Healthcare - Memphis Hospitals
Number of Beds: 617
City: Memphis
Methodist Hospital - Germantown
Number of Beds: 309
City: Germantown
Methodist Hospital - North
Number of Beds: 256
City: Memphis
Methodist Hospital - South
Number of Beds: 156
City: Memphis
Regional Med Extended Care Hospital, Llc
Number of Beds: 24
City: Memphis
Regional One Health
Number of Beds: 631
City: Memphis
Saint Francis Hospital
Number of Beds: 519
City: Memphis
Saint Francis Hospital-Bartlett
Number of Beds: 196
City: Bartlett
Select Specialty Hospital - Memphis
Number of Beds: 39
City: Memphis
St. Jude Children's Research Hospital
Number of Beds: 78
City: Memphis
ThreeStar Certified County
Fayette, Lauderdale, Shelby, and Tipton
