This data is based on ZIP codes.
The U.S. Census reports business data by ZIP code, not city boundaries. Some businesses just outside city limits may be included, and vice versa.
Showing latest year snapshot. Full economic history and trends available with a paid plan. See products & pricing →
Memphis ZIP Area Economy · 2020
Memphis's ZIP area supports 450,935 jobs across 19,622 businesses, with workers earning an average of $54K per year. The economy is well-diversified (0.87 index), led by retail trade and healthcare. 0% of businesses have fewer than 20 employees, and each business employs an average of 23.0 people. Jobs grew 4.7% from the prior year while business count grew 1.6%.
Where Businesses Clusteri
Larger blocks have more businesses.
Economic Densityi
23.0
employees per business
$1.2M
payroll per business
All Industries in ZIP Areai
| Sector | Memphis ZIP |
|---|---|
| Retail Trade | 3,005 |
| Healthcare | 2,216 |
| Food & Accommodation | 1,941 |
| Other Services | 1,849 |
| Professional Services | 1,676 |
| Finance & Insurance | 1,398 |
| Wholesale Trade | 1,217 |
| Transportation | 1,115 |
| Construction | 1,107 |
| Admin Services | 1,106 |
| Real Estate | 983 |
| Manufacturing | 533 |
| Management | 523 |
| Information | 370 |
| Education | 290 |
| Arts & Entertainment | 247 |
| Unclassified | 31 |
| Agriculture | 8 |
| Mining | 4 |
| Utilities | 3 |