What kind of jobs are there in Memphis, TN?
Home to three Fortune 500 companies – FedEx, International Paper and AutoZone – Memphis is vital to the distribution industry. Professional and business services comprise the largest sector of employment, with education and health services following close behind. Another formidable industry is agriculture and some of the top research in agricultural technology and crop development is conducted on the metro area's 700 acres of urban farmland.
The unemployment rate sits on par with the national average. With one of the lowest costs of living for an urban area, the majority of residents still live comfortably even though the average annual salary is lower than the national average.
Job Market Index
Index Score: 6.0 /10
Memphis has a less healthy job market than similarly sized metro areas.
Average Annual Salary
Unemployment Rate 2018
0.2 % higher than national average.