Memphis, TN 38016

Income Statistics

Number of Returns People Average Income Average Dividend Average Social Security Average Mortgage Interest
Under $25,000 7480 11470 $12,649 $1,735
(4.95% of returns)
$2,100
(4.55% of returns)
$5,258
$25,000 to $50,000 6520 11490 $33,365 $1,922
(6.13% of returns)
$7,282
(10.74% of returns)
$5,367
$50,000 to $75,000 3890 7060 $50,934 $2,192
(10.28% of returns)
$15,269
(14.14% of returns)
$5,919
$75,000 to $100,000 2170 4760 $58,314 $3,311
(16.13% of returns)
$19,604
(19.35% of returns)
$6,158
$100,000 to $200,000 2580 6550 $76,024 $4,541
(27.13% of returns)
$24,170
(19.77% of returns)
$7,267
Over $200,000 560 1400 $199,364 $13,937
(57.14% of returns)
$28,128
(25% of returns)
$9,039
For Zip 23200 42730 $45,916

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Income Tax Rates

Rate Minimum Income Maximum Income
0.03 0 null

Property Tax Rates

Rate Rank (compared to Other States)
0.0073 36

Sales Tax Rates

State Rate Average Local Rate Combined Rate Rank (compared to Other States)
0.07 0.0253 0.0953 1