ƒx=FIND()/
A1US GDP 2025 $30.86T│A2Real growth +2.3%│A3CPI, 12 mo to Sep 2026 +3.7%│A4Unemployment 2025 4.3%BEA · BLS · Census — updated October 29, 2026
  1. Home
  2. Metro areas
  3. Memphis, TN
CBSA!32820=METRO("Memphis, TN")

Memphis, TN-MS-AR metro area

The Memphis, TN-MS-AR metropolitan area spans 9 counties and had 1,339,345 residents in 2024. Its economy produced $107.5 billion that year.

Arkansas, Mississippi, Tennessee9 countiesPart of Memphis-Clarksdale-Forrest City, TN-MS-AR
GDP, 2024$107.5B#47 of 387 · +3.6% nominal
Income per person, 2024$62,653#176 of 387
Unemployment, 20254.4%#251 of 387 · #1 = lowest
Price level, 2024 (US = 100)92.2#237 of 387 · #1 = most expensive
Fig. 1Income, people and outputSums of BEA county estimates for the metro area
0$20k$40k$60k$80k19901995200020052010201520202025Memphis, TNUnited States
Memphis, TNUnited States
1M1.1M1.2M1.3M1.4M1990199520002005201020152020Population
$0B$50B$100B$150B2005201020152020GDP

BEA county estimates (CAINC1, CAGDP1) summed over the 9 counties of the metro area; current dollars.

Industries, 2024

Share of the metro economy; blank where BEA suppresses a county figure.

IndustryValue addedShareUS share
Real estate——13.7%
Government$11.2B10.4%11.1%
Manufacturing$10.5B9.8%9.5%
Finance & insurance——8.7%
Professional services——8.0%
Health care——7.5%
Wholesale trade——6.3%
Retail trade——5.9%
Information——5.7%
Construction——4.3%
Transportation & warehousing——3.3%
Accommodation & food——3.1%
Administrative & waste services——3.0%
Other services——2.0%
Management of companies——1.8%
Utilities——1.6%
Mining, oil & gas$55M0.1%1.3%
Education——1.1%
Arts & recreation——1.0%
Agriculture——0.8%
Fig. 2Unemployment rate since 2015Monthly, not seasonally adjusted, percent
0%5%10%15%201620182020202220242026Unemployment rate

BLS Local Area Unemployment Statistics, metropolitan areas.

Counties in the metro area

OMB delineation of July 2023 (Census Bureau, list 1).

CountyStateTypeFIPS
Benton CountyMississippiOutlying28009
Crittenden CountyArkansasCentral05035
DeSoto CountyMississippiCentral28033
Fayette CountyTennesseeOutlying47047
Marshall CountyMississippiOutlying28093
Shelby CountyTennesseeCentral47157
Tate CountyMississippiOutlying28137
Tipton CountyTennesseeOutlying47167
Tunica CountyMississippiOutlying28143