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ZipNumbers

Tennessee · Census place 16420

Collierville town, TN

Quick answer

Collierville town has 51,212 residents, ranking #15 of 504 places in Tennessee. Median household income is $134,319, the median home is worth $458,300 and median gross rent runs $1,574 a month.

Population
51,212Collierville town residents
Median household income
$134,319Past 12 months, inflation adjusted
Median home value
$458,300Owner-occupied units
Median gross rent
$1,574Rent plus utilities, monthly
Median age
39.8 yrsAll residents
Homeownership rate
80.7%Owner-occupied households

What the numbers mean in Collierville town

Housing cost measured against local earnings.

A household earning the Collierville town median would spend about 14.1% of gross income on the median rent. The 30% mark is the federal threshold for cost burden, so anything above it signals a stretched rental market. The median home costs 3.4× the median household income; nationally that ratio sits near 4.5×. Poverty affects 2.6% of residents and 80.7% of households own their home.

Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year

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