Groundwork

Fitness and classes · Metro area · Tennessee

Gyms and studios in the Memphis, TN-MS-AR metro area

Competitor counts, household spending and official business counts for gyms and studios in the Memphis, TN-MS-AR metro area, set against other metro areas and the U.S.

Groundwork market score · out of 100

Score 47 out of 100: Lower middle

Ranked #213 of 387 scored metro areas
#4 of 10 scored metro areas based in Tennessee

Listings
551
133 chain locations (24%)
Official establishments
230
+6.8% since 2019
Household spending a year
$362.8M
On memberships, classes and admissions · $694 a household
Spending per listing
$658K
In line with the U.S.
Listings per 10k households
10.5
30% below the U.S.
Population, 2025
1,341,412
−0.3% since 2020

See the gyms and studios around any address in the Memphis metro area

The site report maps the gyms and studios on map listings near the address, by name and distance, and sizes the households and spending around it. Or open the report at the center of the Memphis metro area. Signed out, you see a blurred preview; on an account, each report is one action.

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Survey estimates 2020–2024 · population estimates 2025 · official business counts 2023 · map listings September 2026 · Data credits · How we measure

What this means

As of September 2026, map listings count 551 gyms and studios in the Memphis metro area. Of those, 133 are chain locations, or 24%, against 20% across the U.S. That comes to 10.5 for every 10,000 households, 30% below the U.S. rate of 14.9.

At $694 per household (29% below the U.S. average), households in the Memphis metro area spend about $362.8M a year on memberships, classes and admissions. Spread across 551 gyms and studios, that is $658K per location, in line with the U.S. figure of $662K.

Official counts show 230 businesses with payroll classed as fitness centers and recreation instruction in the Memphis metro area in 2023, up 6.8% from 2019. That is one for every 2,273 households, against one for every 1,641 across the U.S. Since fiscal 2022, 21 SBA-backed loans worth $4.6M have gone to businesses classed as fitness centers and recreation instruction in the Memphis metro area.

Population estimates show the Memphis metro area declined 0.3% from 2020 to 2025, against +3.1% for the U.S. For gyms and studios, the Memphis metro area has a Groundwork market score of 47 (lower middle): #213 of 387 scored metro areas and #4 of 10 scored metro areas based in Tennessee.

How the Memphis metro area compares

The same measures for Tennessee and the whole U.S. Spending per listing divides a year of household spending on all memberships, classes and admissions by the gyms and studios counted, so it measures the demand for each competitor, not any business’s revenue. Households per establishment does the same with the official count.

Gyms, studios and classes in Memphis, TN-MS-AR metro area compared with Tennessee and the U.S.
MeasureMemphis metro areaTennesseeU.S.
Listings per 10k households10.512.314.9
Spending per listing$658K$572K$662K
Households per official establishment2,2732,1081,641
Official establishment growth, 2019–2023+6.8%+18.7%+8.2%
Population growth, 2020–2025−0.3%+5.6%+3.1%
Spending per household on memberships, classes and admissions$694$703$983
Median household income$66,401$69,595$80,734
Groundwork market score4750

Official counts and lending

Businesses

Official establishments, 2019 to 2023
230+6.8% over the period
Employees, 2023
4,429
Annual payroll, 2023
$114.7M
One-person businesses, 2023
Not publishedNot published for this business type
Map listings, September 2026
551133 chain locations
Listings at the U.S. rate for this spending
548The U.S. ratio of listings to household spending, applied here

SBA-backed loans since fiscal 2022

Loans
21
Amount
$4.6M

SBA-backed loans to businesses classed as fitness centers and recreation instruction in the Memphis metro area, through June 2026, placed by the borrower’s ZIP code. Official establishments are businesses with payroll; the official counts leave out places with fewer than 3.

Population and households in the Memphis metro area

Population, 2025 estimate
1,341,412−0.3% since 2020
Households
522,879
Median age
37.6
Homes lived in by their owners
61%
Vehicles per household
1.8
Land area
4,972 sq. mi.
People per square mile
270
Median household income
$66,401
Average household income
$95,119
Median home value
$245,900
Jobs located here
640,441
Daytime population
1,368,538Residents who don’t work, plus everyone whose job is here

Looking at a specific site in the Memphis metro area?

These figures cover the whole metro area. A site report draws rings around one address and counts what’s inside them: households, spending, jobs, and the gyms and studios on map listings by name and distance.

Or open the report at the center of the Memphis metro area. Signed out, you see a blurred preview; on an account, each report is one action.

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Gyms, studios and classes across Tennessee

Every Tennessee market ranked →

The highest-scoring metro areas in Tennessee for gyms and studios, numbered among those based in Tennessee, with the Memphis metro area marked.

Top metro areas in Tennessee

Metro areas in Tennessee ranked for gyms and studios by Groundwork market score
MarketScoreListingsPer 10k householdsSpending per listingPopulation growthU.S. rank
1Morristown, TN61469.6$613K+7.9%#94 of 387
2Clarksville, TN-KY5114411.5$546K+8.5%#184 of 387
3Knoxville, TN5047612.6$571K+6.9%#193 of 387
4Memphis, TN-MS-AR4755110.5$658K−0.3%#213 of 387
5Nashville-Davidson–Murfreesboro–Franklin, TN461,24415.0$569K+8.7%#232 of 387
6Kingsport-Bristol, TN-VA4513410.2$568K+2.3%#248 of 387
7Chattanooga, TN-GA4332414.0$519K+5.3%#263 of 387
8Cleveland, TN426913.8$450K+6.1%#275 of 387
9Jackson, TN398011.0$526K+2.2%#296 of 387
10Johnson City, TN3411613.0$446K+4.3%#332 of 387

Other business types in the Memphis metro area

Each with its Groundwork market score here, out of 100, where it has one.

Questions

How many gyms and studios are in the Memphis, TN-MS-AR metro area?

The Memphis metro area has 551 gyms and studios on map listings as of September 2026. 133 of them (24%) are chain locations. The listings count gyms, fitness studios, martial arts and dance studios. Official counts show 230 businesses with payroll classed as fitness centers and recreation instruction in 2023, up 6.8% from 2019.

How much do households in the Memphis, TN-MS-AR metro area spend on memberships, classes and admissions?

About $362.8M a year, or $694 per household. That is 29% below the U.S. average (an index of 71, where 100 is the U.S. average). Spread across the 551 gyms and studios on map listings, it comes to $658K per location. It is estimated from the incomes of the 522,879 households in the Memphis metro area and national spending patterns by income.

How does the Memphis, TN-MS-AR metro area compare with the U.S. for gyms and studios?

The Memphis metro area has 10.5 gyms and studios per 10,000 households, 30% below the U.S. rate of 14.9. Spending per location is $658K, in line with the U.S. figure of $662K. At the national ratio of gyms and studios to household spending, the Memphis metro area would have about 548, against 551 on map listings. There is one business with payroll in the industry for every 2,273 households, against one for every 1,641 across the U.S. The official count rose 6.8% from 2019 to 2023, against +8.2% for the U.S.

How fast is the Memphis, TN-MS-AR metro area growing?

Population estimates put the Memphis metro area at 1,341,412 people in 2025, down 0.3% since 2020, against +3.1% for the U.S. It has 522,879 households. Median household income in the Memphis metro area is $66,401, 18% below the U.S. median of $80,734.

What is the Groundwork market score?

The Groundwork market score runs from 0 to 100 and compares a market with others of its kind for one business type: states with states, metro areas with metro areas, small-town markets and counties with their own. It weighs household spending per competitor (35%), households per business with payroll (25%), population growth (20%) and spending power (20%), each ranked against those peers. A higher score means that, taken together, the market has more household spending and more households for each business already there, faster population growth and more spending per household than similar markets. It describes a market, not any one site or deal. The Memphis metro area scores 47 for gyms and studios (lower middle), #213 of 387 scored metro areas.

How can I see the market around a specific site?

Run a Groundwork site report on an address in the Memphis metro area. It maps the gyms and studios on map listings near the site and sizes the households and spending within the distance you choose. New accounts get 10 actions over 3 days, no card.

How the score works · Top markets for gyms and studios · All 56 business types in the Memphis metro area

Screening a site or an acquisition in the Memphis metro area?

A site report maps the competitors on map listings near an address and sizes the households and spending around it.

The button opens the report at the center of the Memphis metro area. Signed out, you see a blurred preview; on an account, each report is one action.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are estimates for research only. Not investment or real estate advice.