Memphis, TN 38119

Income Statistics

Number of Returns People Average Income Average Dividend Average Social Security Average Mortgage Interest
Under $25,000 3580 5290 $12,693 $1,805
(10.34% of returns)
$2,058
(4.75% of returns)
$4,775
$25,000 to $50,000 3060 5030 $33,911 $3,690
(10.46% of returns)
$7,689
(15.03% of returns)
$4,900
$50,000 to $75,000 1780 2990 $50,357 $4,270
(19.1% of returns)
$15,655
(20.22% of returns)
$5,426
$75,000 to $100,000 1040 2060 $59,915 $5,386
(27.88% of returns)
$20,757
(26.92% of returns)
$6,172
$100,000 to $200,000 1520 3680 $79,814 $7,779
(42.11% of returns)
$25,982
(29.61% of returns)
$7,063
Over $200,000 740 2010 $349,421 $36,658
(67.57% of returns)
$29,815
(25.68% of returns)
$10,229
For Zip 11720 21060 $70,216

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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