The central geographic location of the city combined with its competitive tax structure allows Memphis to draw quality businesses. Chief Executive Magazine recently named Tennessee the “7th Best State for Business” based on measures that included tax and regulatory regime, quality of the workforce and quality of life.
Fortune 500 Corporate Companies Headquarters
Downtown Memphis’ Daytime Population
Downtown Residential Population
Annual rate growth of Memphis MSA GDP
Memphis MSA has added jobs since the beginning of 2011
Metropolitan Memphis average age
The city is growing steadily, with developments positioned to accommodate the inbound migration from local, regional, and international markets.
Memphis is rising as an affordable hub for tech players and aspiring innovators, with a strong entrepreneurial foundation full of opportunity.
A low cost of living, business- favorable tax laws, and high quality of life make Memphis an attractive destination for world-class employers.
Visitors have been increasingly attracted to the Memphis buzz, dubbed a top city to visit in 2019 by Food & Wine, Frommer’s, and Travel Channel.