Memphis, TN 38125

Income Statistics

Number of Returns People Average Income Average Dividend Average Social Security Average Mortgage Interest
Under $25,000 7780 12770 $12,971 $1,135
(2.19% of returns)
$2,500
(2.83% of returns)
$5,627
$25,000 to $50,000 6020 11350 $34,221 $1,331
(3.16% of returns)
$7,304
(8.31% of returns)
$5,538
$50,000 to $75,000 3390 6170 $53,716 $1,782
(6.78% of returns)
$14,991
(13.27% of returns)
$6,072
$75,000 to $100,000 1670 3430 $62,232 $2,394
(11.38% of returns)
$19,470
(18.56% of returns)
$6,452
$100,000 to $200,000 1670 4040 $78,527 $4,389
(22.75% of returns)
$22,905
(20.36% of returns)
$7,133
Over $200,000 420 1080 $311,192 $24,325
(64.29% of returns)
$29,280
(23.81% of returns)
$13,389
For Zip 20950 38840 $46,862

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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