Memphis Paycheck Calculator 2026
Tennessee has no tax on wages. A single filer earning $75,000 in Memphis takes home about $61,593 a year (17.9% effective tax rate) — and a worker on the city's median full-time pay of $48,570 keeps about $3,434 a month.
Updated 2026-10-03 · Population 610,936 · Median household income $52,679 · Combined sales tax 9.750%
| Bi-weekly | Annual | |
|---|---|---|
| Gross pay | $2,307.69 | $60,000 |
| Federal income tax | -$193.08 | -$5,020 |
| Social Security (6.2%) | -$143.08 | -$3,720 |
| Medicare | -$33.46 | -$870 |
| Tennessee income tax | -$0.00 | -$0 |
| Take-home pay | $1,938.08 | $50,390 |
- Take-home $50,390 84.0%
- Federal income tax $5,020 8.4%
- Social Security $3,720 6.2%
- Medicare $870 1.5%
Take-home pay vs. taxes at every income level in Memphis
- Take-home pay
- Total taxes
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2026 take-home pay in Memphis at common salaries
Single filer, standard deduction, paid bi-weekly. “Worth nationally” adjusts for Memphis, TN-MS-AR prices. “Rent share” is the median Memphis rent ($1,263/month) as a share of take-home.
| Salary | Federal | FICA | State + local | Take-home / yr | Per paycheck | Worth nationally | Rent share |
|---|---|---|---|---|---|---|---|
| $30,000 | $1,420 | $2,295 | $0 | $26,285 | $1,011 | $28,515 | 58% |
| $50,000 | $3,820 | $3,825 | $0 | $42,355 | $1,629 | $45,949 | 36% |
| $75,000 | $7,670 | $5,738 | $0 | $61,593 | $2,369 | $66,818 | 25% |
| $100,000 | $13,170 | $7,650 | $0 | $79,180 | $3,045 | $85,898 | 19% |
| $150,000 | $24,734 | $11,475 | $0 | $113,791 | $4,377 | $123,446 | 13% |
| $250,000 | $51,304 | $15,514 | $0 | $183,182 | $7,045 | $198,724 | 8% |
Take-home pay on typical Memphis incomes
What common local incomes leave after 2026 federal, Tennessee and payroll taxes.
| Income | Gross / yr | Taxes | Take-home / yr | Per month |
|---|---|---|---|---|
| Full-time minimum wage ($7.25/hr) | $15,080 | $1,154 | $13,926 | $1,161 |
| Median full-time worker | $48,570 | $7,364 | $41,206 | $3,434 |
| Median household (married, one earner) | $52,679 | $6,078 | $46,601 | $3,883 |
| Per-capita income (all residents) | $33,449 | Income per resident including children and retirees | ||
Housing costs vs take-home pay in Memphis
- Rent: median gross rent is $1,263 a month ($15,156 a year) — 37% of a median full-time worker's take-home pay, above the common 30% affordability guideline. To keep rent at 30% of take-home you need about $61,517 gross a year.
- Home values: the median owner-occupied home is worth $209,800, 4.0× the median household income.
- Property tax: the median homeowner pays $1,947 a year, an effective rate of about 0.93% of home value — $162 a month on top of the mortgage.
What a Memphis paycheck is worth
Prices in the Memphis, TN-MS-AR area are 7.8% below the US average (BEA regional price parity 92.2, 2024; housing 79.8). Adjusting take-home pay for local prices:
| Salary | Take-home in Memphis | Worth at US-average prices |
|---|---|---|
| $50,000 | $42,355 | $45,949 |
| $75,000 | $61,593 | $66,818 |
| $100,000 | $79,180 | $85,898 |
| $150,000 | $113,791 | $123,446 |
Memphis vs other cities on $75,000
Memphis next to the other Tennessee cities we cover and the five cities where $75,000 goes about as far once taxes and local prices are counted ($66,818 in national prices here).
| City | Local income tax | Sales tax | Take-home | Price-adjusted |
|---|---|---|---|---|
| Memphis | None | 9.75% | $61,593 | $66,818 |
| Nashville, TN | None | 9.75% | $61,593 | $63,934 |
| San Antonio, TX | None | 8.25% | $61,593 | $65,029 |
| New Orleans, LA | None | 10.00% | $59,729 | $64,504 |
| Oklahoma City, OK | None | 8.63% | $58,763 | $64,998 |
| Kansas City, MO | $750 | 8.97% | $58,255 | $62,949 |
Sales tax in Memphis
Memphis's combined rate of 9.750% is above the Tennessee average of 9.61%. A $1,000 purchase costs $1,097.50; if you spend $20,000 a year on taxable goods, that is about $1,950 in sales tax. Tennessee sales tax calculator.
Tennessee income tax rates for 2026
Tennessee has no state income tax on wages.
Key facts about Memphis taxes
- Memphis sales tax is 9.75%: 7% Tennessee, 2.25% Shelby County and 0.5% City of Memphis.
- There is no state or local income tax in Memphis.
- Median household income is $52,679 (ACS 2024 1-year).
More on Tennessee brackets, deductions and federal withholding: Tennessee (TN) paycheck calculator.
More Tennessee calculators
- Tennessee (TN) paycheck calculator
- Tennessee income tax calculator
- Tennessee sales tax calculator
- Nashville paycheck calculator
- Memphis paycheck calculator
- California vs Tennessee taxes
- Illinois vs Tennessee taxes
- Tennessee vs Texas taxes
- Florida vs Tennessee taxes
- Georgia vs Tennessee taxes
- Compare Tennessee with any state
What this calculator simplifies
- No state income tax to model. The single-article sales tax cap and the business franchise and excise taxes are not modeled.
Memphis residents pay city and county property tax
Living inside Memphis means two property tax rates. For 2026 the City of Memphis rate is $2.58081 per $100 of assessed value and the Shelby County rate is $2.702382, a combined $5.2832. Tennessee assesses homes at 25% of appraised value, so the combined rate equals about 1.32% of a home's appraised value each year.
On the median Memphis home of $209,800, the assessed value is $52,450. That gives a city bill of about $1,354 and a county bill of about $1,417, $2,771 in all.
| Tax year | City of Memphis | Shelby County | Combined per $100 assessed |
|---|---|---|---|
| 2024 | $3.1954 | $3.39 | $6.5854 |
| 2025 | $2.58081 | $2.69 | $5.2708 |
| 2026 | $2.58081 | $2.702382 | $5.2832 |
How far the Memphis rate fell in 2025
Both rates dropped sharply in 2025. The Shelby County Trustee's history shows the county rate's school component fell from $1.54 to $1.19 and the city rate from $3.1954 to $2.58081. Property tax is not withheld from pay, but on a $48,570 median full-time salary (about $41,206 after tax) the median home's combined bill is 6.7% of take-home.
Frequently asked questions
Does Memphis have a city income tax?
Tennessee has no tax on wages.
What is the sales tax in Memphis?
The combined sales tax rate in Memphis is 9.750%, including the Tennessee state rate of 7.00% — $97.50 on a $1,000 purchase.
How much is $75,000 after taxes in Memphis?
About $61,593 per year or $2,369 per bi-weekly paycheck for a single filer in 2026. Adjusted for local prices (Memphis, TN-MS-AR price level 92.2, US = 100) that buys what $66,818 would nationally.
What is the typical salary in Memphis?
Median earnings for full-time, year-round workers in Memphis are $48,570 (Census ACS). After 2026 taxes that leaves about $41,206 a year, or $3,434 a month.
What is the minimum wage in Memphis?
$7.25 an hour. Federal minimum wage under the Fair Labor Standards Act, in effect since July 24, 2009; Tennessee has no higher state minimum wage. Full-time that is $15,080 a year, or about $13,926 after tax.
How much is property tax in Memphis?
The median homeowner in Memphis pays $1,947 a year in real estate taxes on a median home value of $209,800 — an effective rate of about 0.93% (Census ACS).
What is the Memphis property tax rate for 2026?
$2.58081 per $100 of assessed value for the City of Memphis plus $2.702382 for Shelby County, $5.2832 combined. Homes are assessed at 25% of appraised value.
Sources
Figures are taken from official government publications and were last reviewed on 2026-10-03.
- TN Department of Revenue: Sales and Use Tax
- Avalara Memphis combined sales tax rate 2026 (secondary; state lookup not machine-readable)
- US Census Bureau ACS 2024 1-year via Census Reporter: population, home value, real estate taxes, gross rent, per capita income, full-time earnings (Memphis, TN)
- US Department of Labor, federal minimum wage ($7.25 under the FLSA)
- US Department of Labor, State Minimum Wage Laws (page updated July 1, 2026)
- US Bureau of Economic Analysis, Regional Price Parities by MSA (table MARPP), 2024 data released February 19, 2026
- BEA, Real Personal Income and Regional Price Parities methodology
- US Census Bureau, American Community Survey 2024 1-year estimates (tables B01003/B01001, B25077, B25103, B25064, B19301, B20018)
- TN Department of Revenue: Income Tax (Hall tax repeal)
- Tax Foundation: State and Local Sales Tax Rates, Midyear 2026 (as of July 1, 2026)
- Rev. Proc. 2025-32 (2026 inflation adjustments incl. OBBBA)
- IRS: Tax inflation adjustments for tax year 2026, including OBBBA amendments
- Shelby County Trustee – City of Memphis tax rates 2005-2026
- Shelby County Trustee – Shelby County tax rates by year
- Metropolitan Trustee, Nashville – How to figure your property tax bill (Tennessee assessment ratios)