Memphis, TN 38112

Income Statistics

Number of Returns People Average Income Average Dividend Average Social Security Average Mortgage Interest
Under $25,000 3280 6060 $13,079 $1,892
(3.96% of returns)
$1,728
(2.13% of returns)
$3,825
$25,000 to $50,000 1530 2710 $32,447 $2,741
(7.84% of returns)
$6,233
(9.8% of returns)
$4,408
$50,000 to $75,000 600 960 $51,735 $3,691
(20% of returns)
$14,690
(18.33% of returns)
$4,950
$75,000 to $100,000 340 640 $63,122 $5,663
(32.35% of returns)
$19,100
(23.53% of returns)
$5,800
$100,000 to $200,000 590 1390 $82,297 $7,310
(49.15% of returns)
$22,269
(22.03% of returns)
$7,863
Over $200,000 310 770 $257,626 $25,772
(70.97% of returns)
$29,080
(16.13% of returns)
$10,257
For Zip 6650 12530 $49,453

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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