Metro area profile · Tennessee
Memphis, TN-MS-AR metro area market data
How the Memphis metro area compares with other metro areas for 56 business types: competitors, household spending, official counts and growth.
- Population, 2025
- 1,341,412
- −0.3% since 2020
- Households
- 522,879
- Median household income
- $66,401
- Median home value
- $245,900
- Jobs located here
- 640,441
- Highest market score
- 72
- Pet grooming and boarding, #42 of 386 scored metro areas
A site report maps the competitors on map listings around any address in the Memphis metro area by name and distance, and the households and spending within reach. 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.
Free10 actions over 3 days, no cardSurvey estimates 2020–2024 · population estimates 2025 · official business counts 2023 · map listings September 2026 · Data credits · How we measure
What this means
The Memphis metro area has an estimated 1,341,412 people and 522,879 households. Between 2020 and 2025, the population of the Memphis metro area declined 0.3%, against +3.1% for the U.S. Median household income in the Memphis metro area is $66,401, 18% below the U.S. median of $80,734.
Relative to the U.S., household spending in the Memphis metro area runs highest on vehicle insurance (an index of 122, where 100 is the U.S. average) and lowest on memberships, classes and admissions (71).
Of the business types scored in the Memphis metro area, pet grooming and boarding businesses (72), landscaping and lawn care companies (71) and pet businesses (70) have the highest Groundwork market scores. For pet grooming and boarding businesses, that ranks #42 of 386 scored metro areas.
The Memphis metro area takes in 9 counties: Shelby County, TN; DeSoto County, MS; Tipton County, TN; Crittenden County, AR; and 5 more. Against the U.S., map listings per household run highest for gas stations (74% above the U.S. rate) and lowest for yoga, Pilates and fitness studios (58% below the U.S. rate).
All 56 business types in the Memphis metro area
Highest Groundwork market score first. Each score compares the Memphis metro area with other metro areas for that business type, from 0 to 100. Spending per listing divides a whole spending line (all vehicle repairs, all eating out) by one type’s listings: the demand for each competitor, not a business’s revenue. Compare it across markets with its index, where 100 is the U.S. figure for the same type; the real estate types, whose line is all housing costs, show the index only. How the score works.
| Business type | Score | Rank among metro areas | Listings | Per 10k households | Spending per listing | Spending per listing vs. U.S. (100) | Official establishments |
|---|---|---|---|---|---|---|---|
| Pet grooming and boarding | 72 | #42 of 386 | 113 | 2.2 | $4M | 157 | 53 |
| Landscaping and lawn care | 71 | #63 of 385 | 195 | 3.7 | $3.8M | 131 | 296 |
| Pet businesses | 70 | #48 of 387 | 366 | 7.0 | $1.2M | 140 | 196 |
| Home inspectors | 68 | #32 of 243 | 18 | 0.3 | Index only | 162 | 8 |
| Lawn, cleaning and pest control | 67 | #80 of 387 | 403 | 7.7 | $1.9M | 110 | 624 |
| Electricians | 66 | #65 of 383 | 99 | 1.9 | $14.7M | 122 | 218 |
| Pet stores | 64 | #92 of 382 | 76 | 1.5 | $5.9M | 131 | 32 |
| Veterinarians | 63 | #98 of 384 | 140 | 2.7 | $3.2M | 118 | 111 |
| Chiropractors | 62 | #97 of 386 | 157 | 3.0 | $3.6M | 150 | 81 |
| Home repair trades | 62 | #99 of 387 | 555 | 10.6 | $2.6M | 108 | 635 |
| HVAC and plumbing | 61 | #107 of 387 | 272 | 5.2 | $5.3M | 112 | 349 |
| Insurance agencies | 57 | #144 of 387 | 853 | 16.3 | $1.5M | 117 | 443 |
| Yoga, Pilates and fitness studios | 55 | #119 of 347 | 52 | 1.0 | $7M | 172 | 137 |
| Coffee shops and cafes | 55 | #149 of 387 | 407 | 7.8 | $4.7M | 126 | 247 |
| House cleaning | 54 | #139 of 375 | 115 | 2.2 | $6.5M | 102 | 248 |
| Mortgage brokers and lenders | 54 | #151 of 373 | 149 | 2.8 | Index only | 132 | 53 |
| Roofing and gutters | 54 | #158 of 381 | 184 | 3.5 | $7.9M | 93 | 68 |
| Martial arts and dance studios | 53 | #152 of 387 | 157 | 3.0 | $2.3M | 115 | 93 |
| Real estate agents and brokers | 53 | #153 of 387 | 1,212 | 23.2 | Index only | 116 | 250 |
| Real estate | 53 | #155 of 387 | 1,528 | 29.2 | Index only | 116 | 585 |
| Car washes and detailing | 51 | #186 of 387 | 177 | 3.4 | $2.6M | 102 | 63 |
| Pizza | 49 | #202 of 387 | 293 | 5.6 | $6.5M | 127 | 1,100 |
| Physical therapy | 48 | #205 of 386 | 225 | 4.3 | $2.5M | 104 | 142 |
| Laundromats | 47 | #194 of 364 | 65 | 1.2 | $14.7M | 118 | 33 |
| Gyms, studios and classes | 47 | #213 of 387 | 551 | 10.5 | $658K | 99 | 230 |
| Auto repair and car care | 47 | #230 of 387 | 1,788 | 34.2 | $255K | 95 | 587 |
| Auto repair shops | 47 | #231 of 387 | 1,062 | 20.3 | $430K | 97 | 384 |
| Collision repair and body shops | 46 | #224 of 381 | 138 | 2.6 | $3.3M | 107 | 106 |
| Bakeries and dessert shops | 46 | #235 of 387 | 434 | 8.3 | $4.4M | 106 | 262 |
| Urgent care and walk-in clinics | 44 | #117 of 197 | 18 | 0.3 | $31.3M | 128 | 47 |
| Property management | 43 | #242 of 374 | 149 | 2.8 | Index only | 93 | 210 |
| Doctors, dentists and clinics | 43 | #246 of 387 | 3,794 | 72.6 | $149K | 97 | 1,451 |
| Spas and skin care | 43 | #252 of 387 | 493 | 9.4 | $915K | 104 | 91 |
| Pest control | 40 | #245 of 345 | 93 | 1.8 | $8M | 79 | 80 |
| Barbershops | 37 | #301 of 387 | 326 | 6.2 | $1.4M | 73 | 18 |
| Grocery and convenience stores | 36 | #292 of 387 | 975 | 18.6 | $3.1M | 93 | 359 |
| Dentists and orthodontists | 36 | #311 of 387 | 602 | 11.5 | $936K | 95 | 394 |
| Gyms | 36 | #314 of 387 | 342 | 6.5 | $1.1M | 82 | 137 |
| Hair salons | 36 | #330 of 387 | 1,256 | 24.0 | $359K | 83 | 202 |
| Restaurants and cafes | 35 | #295 of 387 | 5,489 | 105.0 | $346K | 93 | 2,229 |
| Optometrists and eye care | 35 | #310 of 386 | 200 | 3.8 | $2.8M | 90 | 74 |
| Funeral homes | 34 | #286 of 377 | 115 | 2.2 | $552K | 81 | 52 |
| Convenience stores | 34 | #297 of 387 | 455 | 8.7 | $6.7M | 86 | 166 |
| Salons, barbers and spas | 33 | #349 of 387 | 2,549 | 48.7 | $177K | 83 | 424 |
| Grocery stores | 32 | #313 of 387 | 378 | 7.2 | $8.1M | 87 | 193 |
| Primary care and pediatrics | 32 | #319 of 387 | 392 | 7.5 | $1.4M | 81 | 713 |
| Sit-down restaurants | 32 | #331 of 387 | 3,362 | 64.3 | $565K | 85 | 849 |
| Dry cleaners | 29 | #237 of 272 | 65 | 1.2 | $14.7M | 94 | 58 |
| Oil change and quick lube | 29 | #243 of 290 | 44 | 0.8 | $10.4M | 75 | 51 |
| Child care and preschools | 29 | #334 of 387 | 330 | 6.3 | $694K | 69 | 311 |
| Fast food and sandwich shops | 28 | #324 of 387 | 808 | 15.5 | $2.3M | 77 | 1,100 |
| Tire shops | 28 | #326 of 386 | 275 | 5.3 | $1.7M | 66 | 81 |
| Clothing, shoes and laundry | 24 | #347 of 387 | 1,348 | 25.8 | $709K | 81 | 579 |
| Clothing and shoe stores | 23 | #347 of 387 | 1,034 | 19.8 | $925K | 73 | 488 |
| Gas stations | 21 | #363 of 387 | 995 | 19.0 | $1.5M | 62 | 690 |
| Nail salons | 21 | #376 of 387 | 416 | 8.0 | $1.1M | 65 | 106 |
Household spending in the Memphis metro area
What households here spend in a year on each line, in total and per household, with the index against the U.S. average (100).
| Spending line | A year, all households | Per household | Index vs. U.S. (100) |
|---|---|---|---|
| Vehicle maintenance and repairs | $456.2M | $872 | 91 |
| Gasoline and other fuels | $1.5B | $2,806 | 108 |
| Food away from home | $1.9B | $3,630 | 89 |
| Groceries | $3.1B | $5,867 | 93 |
| Personal care products and services | $451.1M | $863 | 86 |
| Child care and other personal services | $228.9M | $438 | 75 |
| Memberships, classes and admissions | $362.8M | $694 | 71 |
| Medical and dental services | $563.7M | $1,078 | 84 |
| Pets | $450.3M | $861 | 95 |
| Clothing, shoes and related services | $956.2M | $1,829 | 89 |
| Vehicle insurance | $1.3B | $2,392 | 122 |
| Home repairs, maintenance and insurance | $1.5B | $2,774 | 92 |
| Lawn care, cleaning and other household services | $747.5M | $1,430 | 101 |
| Rent and homeowner costs | $7.7B | $14,684 | 88 |
Household spending is estimated from the incomes of the households in each neighborhood, using what households at each income spent nationally in 2024, adjusted for the region. It counts what residents spend, wherever they spend it.
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 competitors on map listings by name and distance, for any of the 56 business types.
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.
Free10 actions over 3 days, no cardRelated markets
Counties in the Memphis metro area 9
- Shelby County, TN919,173 people
- DeSoto County, MS191,301 people
- Tipton County, TN61,553 people
- Crittenden County, AR47,266 people
- Fayette County, TN43,267 people
- Marshall County, MS33,979 people
- Tate County, MS28,321 people
- Tunica County, MS9,475 people
- Benton County, MS7,589 people
Other markets based in Tennessee 12
- Nashville-Davidson–Murfreesboro–Franklin, TN metro area2,079,596 people
- Knoxville, TN metro area932,241 people
- Chattanooga, TN-GA metro area575,812 people
- Clarksville, TN-KY metro area334,564 people
- Kingsport-Bristol, TN-VA metro area310,842 people
- Johnson City, TN metro area210,729 people
- Jackson, TN metro area181,719 people
- Cleveland, TN metro area128,963 people
- Morristown, TN metro area122,533 people
- Cookeville, TN area145,812 people
- Sevierville, TN area99,652 people
- Greeneville, TN area71,628 people
Questions
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.
How much do households in the Memphis, TN-MS-AR metro area spend?
Households in the Memphis metro area spend about $7.7B a year on rent and homeowner costs, $3.1B on groceries and $1.9B on food away from home. Set against the U.S., households in the Memphis metro area spend the most on vehicle insurance (an index of 122, where 100 is the U.S. average) and the least on memberships, classes and admissions (71).
Which business types have the highest market scores in the Memphis, TN-MS-AR metro area?
The highest Groundwork market scores in the Memphis metro area are for pet grooming and boarding businesses (72), landscaping and lawn care companies (71) and pet businesses (70). The Memphis metro area ranks #42 of 386 scored metro areas for pet grooming and boarding businesses.
How does the Memphis, TN-MS-AR metro area compare with the U.S.?
The median household income in the Memphis metro area is $66,401 a year, 18% below the U.S. median of $80,734. The population fell 0.3% from 2020 to 2025, against +3.1% for the U.S. The median home value is $245,900, against $332,700 for the U.S. For its number of households, the Memphis metro area has the most map listings, relative to the U.S., for gas stations (74% above the U.S. rate) and the fewest for yoga, Pilates and fitness studios (58% below the U.S. rate).
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. All 56 business types have a score in the Memphis metro area, each ranked against other 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 competitors 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.
All markets in Tennessee · Every U.S. market · How we measure
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.