Memphis, TN 38116

Income Statistics

Number of Returns People Average Income Average Dividend Average Social Security Average Mortgage Interest
Under $25,000 10270 19640 $13,490 $885
(0.68% of returns)
$2,213
(2.24% of returns)
$3,954
$25,000 to $50,000 4900 9270 $32,827 $964
(2.86% of returns)
$6,631
(13.06% of returns)
$3,901
$50,000 to $75,000 1770 3150 $52,424 $1,292
(7.91% of returns)
$15,055
(26.55% of returns)
$4,050
$75,000 to $100,000 730 1430 $60,174 $1,863
(15.07% of returns)
$18,130
(35.62% of returns)
$4,602
$100,000 to $200,000 600 1310 $75,717 $3,050
(23.33% of returns)
$22,229
(40% of returns)
$5,031
Over $200,000 60 100 $212,400 $2,150
(33.33% of returns)
$23,900
(50% of returns)
$9,466
For Zip 18330 34900 $29,008

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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