Memphis, TN 38120

Income Statistics

Number of Returns People Average Income Average Dividend Average Social Security Average Mortgage Interest
Under $25,000 1570 1940 $10,556 $2,586
(28.66% of returns)
$1,980
(6.37% of returns)
$5,800
$25,000 to $50,000 1180 1760 $33,177 $4,603
(23.73% of returns)
$8,136
(18.64% of returns)
$4,957
$50,000 to $75,000 970 1590 $50,499 $8,432
(35.05% of returns)
$17,246
(26.8% of returns)
$6,179
$75,000 to $100,000 650 1370 $59,148 $6,451
(41.54% of returns)
$21,631
(29.23% of returns)
$6,836
$100,000 to $200,000 1350 3320 $84,603 $11,487
(53.33% of returns)
$26,343
(28.89% of returns)
$8,056
Over $200,000 1440 3880 $596,010 $50,273
(79.86% of returns)
$32,107
(27.08% of returns)
$14,229
For Zip 7160 13860 $192,350

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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