Memphis, TN 38107

Income Statistics

Number of Returns People Average Income Average Dividend Average Social Security Average Mortgage Interest
Under $25,000 3900 7330 $13,238 $716
(1.54% of returns)
$1,842
(1.79% of returns)
$3,433
$25,000 to $50,000 1700 2960 $33,007 $825
(4.71% of returns)
$5,947
(11.18% of returns)
$3,573
$50,000 to $75,000 560 940 $51,827 $2,314
(12.5% of returns)
$14,712
(14.29% of returns)
$4,300
$75,000 to $100,000 270 540 $59,474 $5,260
(18.52% of returns)
$18,483
(22.22% of returns)
$5,000
$100,000 to $200,000 220 530 $78,844 $5,100
(31.82% of returns)
$25,660
(22.73% of returns)
$6,154
Over $200,000 40 60 $195,000 $43,233
(75% of returns)
$0
(0% of returns)
$0
For Zip 6690 12360 $29,007

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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