Market Analysis
A major logistics hub home to FedEx headquarters.
633K
Population
$41,228
Median Income
18,000+
Active Businesses
4
Key Industries
Logistics
Major market sector
Healthcare
Major market sector
Manufacturing
Major market sector
Music
Major market sector
Understanding the demographics of Memphis is critical for any business decision. With a population of 633K and a median household income of $41,228, the local consumer base presents distinct opportunities depending on your industry and target customer.
Local spending patterns in Memphis reflect the city's economic profile, with particularly strong consumer activity in logistics and healthcare sectors.
The Memphis labor market benefits from its concentration of logistics industry professionals, providing a skilled talent pool for businesses in related sectors.
Population and economic trends in Memphis, TN indicate ongoing market evolution, creating both opportunities and competitive pressures for new and existing businesses.
With 18,000+ active businesses, Memphis presents a dynamic competitive environment. The market is characterized by strong activity in Logistics, Healthcare, Manufacturing, with opportunities for differentiation in underserved segments and emerging neighborhoods.
An Area Recon report for Memphis includes detailed competitive mapping, business density analysis, and gap identification across all major sectors. Understand exactly where opportunities exist before committing to a location.
Generate a comprehensive market intelligence report with competitor analysis, demographics, and gap analysis for Memphis, TN.
Get a Detailed Report for MemphisArea Recon covers all 50 US states. Browse all markets or sign up to generate a report for any location.