Memphis, TN variant. This is a Memphis, TN-specific version of the Paycheck Calculator, using pre-defined local figures (tax rates, median home and income values, and typical regional costs). For the full formula, methodology, and FAQ, open the main Paycheck Calculator.
Memphis paychecks are shaped by TN state tax plus no separate city income tax. With a $49,978 median income and a cost-of-living index of 84 (US avg = 100), take-home pay tells only part of the affordability story.
Taxes on a Memphis paycheck
Memphis has no separate city income tax, so withholding is federal + TN state + FICA. Your local cost of living (index 84) matters more than local taxes here.
Enter your gross pay and pre-tax deductions in the calculator above to localize your Memphis take-home figure.
About Memphis, TN
Memphis residents pay no state or city income tax, since Tennessee does not impose a personal income tax on wages.
Memphis is one of the more affordable large-city housing markets in the country, with low home prices and rents.
Memphis's economy is anchored by logistics and distribution, serving as a major national shipping and freight hub.
Worked example: $49,978 in Memphis
FICA on $49,978 is $3,823. No city income tax applies in Memphis. Federal and TN state tax apply on top.
Quick reference
- Median home value: $165,000
- Median rent: $1,300/mo
- Median household income: $49,978
- Local sales tax: 9.75%
- Effective property tax rate: 0.75%
- Cost of living index: 84 (US avg = 100)
Frequently Asked Questions
Does Memphis have a city income tax?
No, Memphis has no separate city income tax beyond TN state tax.
What is the median income in Memphis?
About $49,978 per household.