Memphis, TN 38122

Income Statistics

Number of Returns People Average Income Average Dividend Average Social Security Average Mortgage Interest
Under $25,000 5350 10530 $12,979 $1,675
(2.99% of returns)
$1,962
(2.99% of returns)
$3,771
$25,000 to $50,000 3140 6910 $30,368 $1,737
(5.1% of returns)
$6,038
(9.87% of returns)
$3,682
$50,000 to $75,000 1080 2130 $45,329 $2,241
(11.11% of returns)
$14,025
(14.81% of returns)
$4,661
$75,000 to $100,000 440 920 $56,658 $3,490
(22.73% of returns)
$17,712
(18.18% of returns)
$4,600
$100,000 to $200,000 360 840 $76,045 $4,766
(33.33% of returns)
$23,625
(22.22% of returns)
$5,400
Over $200,000 50 80 $387,983 $45,500
(60% of returns)
$0
(0% of returns)
$9,500
For Zip 10420 21410 $29,426

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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