Memphis, TN variant. This is a Memphis, TN-specific version of the Income Tax 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 Income Tax Calculator.
Income tax in Memphis combines federal, TN state, and no city income tax.
Layers of income tax in Memphis
Memphis levies no local income tax, so your bill is federal + TN state only.
Combine all layers to find your true marginal rate on the next dollar earned.
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: local tax on $49,978
No city income tax applies in Memphis; only TN state and federal tax do.
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 local income tax?
No local income tax in Memphis.
What taxes apply to Memphis residents?
Federal, TN state.