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Shelby County · Tennessee

Memphis, TN demographics

Population, income and the local tax burden that sits on top of them — sourced from the Census Bureau and the Tennessee Department of Revenue.

Quick answer

Memphis, TN has a population of 618,639 and a median household income of $47,948 — about $3,996 a month before tax. That ranks 87 of 94 covered metros by income and 28 of 94 by population.

  • Population

    618,639

    City limits, ACS 5-year

  • Median household income

    $47,948

    ACS 5-year estimate

  • Combined sales tax

    9.75%

    Tennessee + local

  • Income rank

    #87

    of 94 covered metros

Estimated annual sales tax on a median household

A Memphis household at the median income of $47,948 spending roughly a quarter of pre-tax income on taxable retail goods would pay about $1,169 a year in sales tax at 9.75%. This is an illustration, not a filing figure: the taxable share of spending varies with household composition, and Tennessee exempts or discounts several categories. Memphis added a half-cent city increment in 2023 for public safety pay, taking it to Tennessee's statutory maximum.

Method: median household income × 25% taxable share × combined rate. The 25% share is a rough national benchmark from the BLS Consumer Expenditure Survey, not a Memphis-specific measurement.

Sources

What each figure on this page comes from.

Full Memphis sales tax breakdown and calculator