Department of Numbers

Memphis Tennessee Household Income

The Census ACS 1-year survey reports that the median household income for the Memphis Tennessee metro area was $46,962 in 2013, the latest figures available. Memphis median household income is $2,665 higher than the median Tennessee household income and $5,288 less than the US median household income. 2014 metro income data (including Memphis median household income) will be released in September of 2015. Median family and per capita income for Memphis are shown below.

Show dollars as: Nominal Real

Real Median Household Income for Memphis Tennessee

2013 1 Year Change 3 Year Change
US $52,250 +0.26% -2.28%
Tennessee $44,297 +2.10% 0.00%
Memphis $46,962 +1.32% -3.13%

Trends in Memphis, TN Real Median Household Income since 2005

The current median household income for Memphis is $46,962. Real median household income peaked in 2007 at $51,371 and is now $4,409 (8.58%) lower. From a post peak low of $46,351 in 2012, real median household income for Memphis has now grown by $611 (1.32%).

Real Median Household Income: Memphis, Tennessee, National

Historical Inflation Adjusted Median Household Income for Memphis

Date US Tennessee Memphis
2013 $52,250 $44,297 $46,962
2012 $52,117 $43,385 $46,351
2011 $52,306 $43,182 $47,015
2010 $53,469 $44,297 $48,480
2009 $54,541 $45,314 $47,386
2008 $56,290 $47,186 $49,939
2007 $57,006 $47,599 $51,371
2006 $55,978 $46,578 $48,631
2005 $55,178 $46,386 $49,000

Memphis Family Income

The ACS 1-year data shows the median family income for Memphis was $57,595 in 2013. Compared to the median Tennessee family income, Memphis median family income is $2,904 higher. As with the median household income data, 2014 family income data for Memphis will be released in September of 2015.

Show dollars as: Nominal Real

Real Median Family Income for Memphis Tennessee

2013 1 Year Change 3 Year Change
US $64,030 +0.94% -1.12%
Tennessee $54,691 +1.06% +0.21%
Memphis $57,595 +3.01% -1.21%

Trends in Memphis, TN Real Median Family Income since 2005

The current median family income for Memphis is $57,595. Real median family income peaked in 2007 at $63,334 and is now $5,739 (9.06%) lower. From a post peak low of $55,913 in 2012, real median family income for Memphis has now grown by $1,682 (3.01%).

Real Median Family Income: Memphis, Tennessee, National

Historical Inflation Adjusted Median Family Income for Memphis

Date US Tennessee Memphis
2013 $64,030 $54,691 $57,595
2012 $63,435 $54,117 $55,913
2011 $63,650 $54,140 $56,485
2010 $64,754 $54,577 $58,301
2009 $66,336 $55,761 $57,901
2008 $68,556 $58,205 $61,777
2007 $68,727 $58,359 $63,334
2006 $67,618 $57,541 $59,555
2005 $66,621 $57,216 $59,932

Memphis Per Capita Income

The ACS 1-year survey shows the per capita income for Memphis was $25,093 in 2013. Compared to the median Tennessee per capita income, Memphis median per capita income is $415 higher. As with the median household and median family income numbers above, 2014 per capita income data for Memphis will be released in September of 2015.

Show dollars as: Nominal Real

Real Per Capita Income for Memphis Tennessee

2013 1 Year Change 3 Year Change
US $28,184 +1.69% +1.23%
Tennessee $24,678 +2.67% +2.83%
Memphis $25,093 +3.60% +2.48%

Trends in Memphis, TN Real Per Capita Income since 2005

The current per capita income for Memphis is $25,093. Real per capita income peaked in 2005 at $27,509 and is now $2,416 (8.78%) lower. From a post peak low of $24,222 in 2012, real per capita income for Memphis has now grown by $871 (3.60%).

Real Per Capita Income: Memphis, Tennessee, National

Historical Real Per Capita Income for Memphis

Date US Tennessee Memphis
2013 $28,184 $24,678 $25,093
2012 $27,716 $24,036 $24,222
2011 $27,662 $24,153 $24,753
2010 $27,841 $23,999 $24,486
2009 $28,681 $24,653 $24,539
2008 $29,849 $26,143 $27,405
2007 $29,984 $26,310 $27,251
2006 $29,192 $25,503 $25,973
2005 $29,873 $26,359 $27,509