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 $45,687 in 2012, the latest figures available. Memphis median household income is $2,923 higher than the median Tennessee household income and $5,684 less than the US median household income. 2013 metro income data (including Memphis median household income) will be released in September of 2014. Median family and per capita income for Memphis are shown below.

Show dollars as: Nominal Real

Real Median Household Income for Memphis Tennessee

2012 1 Year Change 3 Year Change
US $51,371 -0.36% -4.44%
Tennessee $42,764 +0.47% -4.26%
Memphis $45,687 -1.41% -2.19%

Trends in Memphis, TN Real Median Household Income since 2005

The current median household income for Memphis is $45,687. Real median household income peaked in 2007 at $50,635 and is now $4,948 (9.77%) lower.

Real Median Household Income: Memphis, Tennessee, National

Historical Inflation Adjusted Median Household Income for Memphis

Date US Tennessee Memphis
2012 $51,371 $42,764 $45,687
2011 $51,557 $42,564 $46,341
2010 $52,703 $43,662 $47,786
2009 $53,760 $44,666 $46,708
2008 $55,484 $46,511 $49,224
2007 $56,189 $46,917 $50,635
2006 $55,176 $45,911 $47,935
2005 $54,387 $45,721 $48,298

Memphis Family Income

The ACS 1-year data shows the median family income for Memphis was $55,113 in 2012. Compared to the median Tennessee family income, Memphis median family income is $1,771 higher. As with the median household income data, 2013 family income data for Memphis will be released in September of 2014.

Show dollars as: Nominal Real

Real Median Family Income for Memphis Tennessee

2012 1 Year Change 3 Year Change
US $62,527 -0.34% -4.37%
Tennessee $53,342 -0.04% -2.95%
Memphis $55,113 -1.01% -3.43%

Trends in Memphis, TN Real Median Family Income since 2005

The current median family income for Memphis is $55,113. Real median family income peaked in 2007 at $62,427 and is now $7,314 (11.72%) lower.

Real Median Family Income: Memphis, Tennessee, National

Historical Inflation Adjusted Median Family Income for Memphis

Date US Tennessee Memphis
2012 $62,527 $53,342 $55,113
2011 $62,739 $53,365 $55,676
2010 $63,827 $53,795 $57,466
2009 $65,387 $54,963 $57,072
2008 $67,574 $57,372 $60,892
2007 $67,742 $57,523 $62,427
2006 $66,650 $56,717 $58,702
2005 $65,666 $56,396 $59,073

Memphis Per Capita Income

The ACS 1-year survey shows the per capita income for Memphis was $23,875 in 2012. Compared to the median Tennessee per capita income, Memphis median per capita income is $183 higher. As with the median household and median family income numbers above, 2013 per capita income data for Memphis will be released in September of 2014.

Show dollars as: Nominal Real

Real Per Capita Income for Memphis Tennessee

2012 1 Year Change 3 Year Change
US $27,319 +0.19% -3.36%
Tennessee $23,692 -0.48% -2.50%
Memphis $23,875 -2.14% -1.29%

Trends in Memphis, TN Real Per Capita Income since 2005

The current per capita income for Memphis is $23,875. Real per capita income peaked in 2005 at $27,115 and is now $3,240 (11.95%) lower.

Real Per Capita Income: Memphis, Tennessee, National

Historical Real Per Capita Income for Memphis

Date US Tennessee Memphis
2012 $27,319 $23,692 $23,875
2011 $27,266 $23,807 $24,398
2010 $27,443 $23,656 $24,136
2009 $28,270 $24,300 $24,187
2008 $29,421 $25,769 $27,012
2007 $29,554 $25,933 $26,861
2006 $28,774 $25,138 $25,601
2005 $29,445 $25,981 $27,115