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Economy, jobs and prices in Collierville, Tennessee: official figures

The median household income in Collierville was $138,598 a year in the 2020-2024 American Community Survey (in 2024 dollars), 49th highest of 823 US cities of 50,000 or more; the US median was $80,734 and the Tennessee median $69,595.

Median household income
$138,598
2020-2024
Unemployment rate (ACS)
4.0%
2020-2024
Mean travel time to work
25.1 min
2020-2024
Median gross rent (monthly)
$1,691
2020-2024
Median home value (owner-occupied)
$485,900
2020-2024
Homes occupied by their owners
79.9%
2020-2024
Households with a broadband subscription
97.8%
2020-2024

What is the per capita income in Collierville?

Income per resident (per capita income) in Collierville averaged $62,842 a year in 2020-2024, 88th highest of 823 US cities of 50,000 or more (US: $44,673; Tennessee: $39,437).

Source: U.S. Census Bureau · saved copy

How unequal are incomes in Collierville?

Collierville's Gini index of household income inequality was 0.410 in 2020-2024 (0 means equal incomes, 1 maximum inequality), 142nd least unequal of 823 US cities of 50,000 or more; the US figure was 0.483.

Source: U.S. Census Bureau · saved copy

What is the unemployment rate in Collierville, Tennessee?

4.0% of the civilian labor force in Collierville was unemployed on average over 2020-2024 (1,047 people), 184th lowest of 823 US cities of 50,000 or more; the US rate in the same survey was 5.2% and Tennessee's 4.7%.

Source: U.S. Census Bureau · saved copy

What share of people in Collierville are working?

66.1% of Collierville's 39,428 residents aged 16 and over were in the labor force (working or looking for work) in 2020-2024, 385th highest of 823 US cities of 50,000 or more (US: 63.5%).

Source: U.S. Census Bureau · saved copy

How many people in Collierville have jobs?

24,877 residents of Collierville held civilian jobs, 63.1% of those aged 16 and over (US: 59.7%), and 140 served in the armed forces.

Source: U.S. Census Bureau · saved copy

What are the main industries in Collierville?

The largest industry group for working residents of Collierville was education, health care and social assistance (22.5% of employed residents), followed by transport, warehousing and utilities (14.1%) and professional, scientific, management and administrative services (11.8%), 2020-2024.

Source: U.S. Census Bureau · saved copy

How many people in Collierville work in manufacturing?

Manufacturing employed 11.7% of working residents of Collierville, 211th highest of 823 US cities of 50,000 or more (US: 9.9%); professional, scientific and management services employed 11.8% (US: 12.6%).

Source: U.S. Census Bureau · saved copy

How long is the commute in Collierville, Tennessee?

Commuters in Collierville took 25.1 minutes on average to get to work in 2020-2024, 377th longest of 823 US cities of 50,000 or more (US: 26.4 minutes); 3.3% travelled an hour or more and 24.2% less than 15 minutes.

Source: U.S. Census Bureau · saved copy

How do people in Collierville get to work?

21.4% of workers living in Collierville worked from home in 2020-2024, 171st highest of 823 US cities of 50,000 or more (US: 15.1%). 71.2% drove to work alone, 6.7% carpooled, 0.0% used public transport and 0.3% walked.

Source: U.S. Census Bureau · saved copy

What is the average rent in Collierville, Tennessee?

The median gross rent (rent plus utilities) in Collierville was $1,691 a month in 2020-2024, 341st highest of 823 US cities of 50,000 or more (US: $1,413; Tennessee: $1,189).

Source: U.S. Census Bureau · saved copy

How much does a house cost in Collierville?

Owner-occupied homes in Collierville had a median value of $485,900 in 2020-2024 as estimated by their owners, 270th highest of 823 US cities of 50,000 or more (US: $332,700; Tennessee: $286,700).

Source: U.S. Census Bureau · saved copy

How affordable are homes in Collierville?

The median home value in Collierville was 3.5 times the median household income, 199th lowest of 823 US cities of 50,000 or more (US: 4.1 times).

Source: U.S. Census Bureau · saved copy

What share of people in Collierville, Tennessee own their home?

79.9% of the 18,161 occupied homes in Collierville were lived in by their owners in 2020-2024 and 3,648 were rented, 40th highest of 823 US cities of 50,000 or more for home ownership (US: 65.2%; Tennessee: 66.9%).

Source: U.S. Census Bureau · saved copy

What share of homes in Collierville have broadband?

97.8% of households in Collierville had a broadband internet subscription of some type in 2020-2024, 15th highest of 823 US cities of 50,000 or more (US: 91.0%; Tennessee: 89.2%).

Source: U.S. Census Bureau · saved copy

How many households in Collierville have no internet?

1.5% of households in Collierville (277) had no internet access at home in 2020-2024, 43rd lowest of 823 US cities of 50,000 or more (US: 6.5%); 6.1% relied on a cellular data plan alone (US: 11.5%).

Source: U.S. Census Bureau · saved copy

How Collierville compares with other cities in the United States

Median household income (2024 dollars) (2020-2024)

Collierville ranks 49 of 823, highest first.

RankCityMedian household income (2024 dollars)
46Folsom$139,804
47Leander$139,048
48Lakeville$139,041
49Collierville$138,598
50Alameda$137,697
51Irvine$136,719
52South San Francisco$136,578
Source: U.S. Census Bureau · saved copy

Per capita income (2024 dollars) (2020-2024)

Collierville ranks 88 of 823, highest first.

RankCityPer capita income (2024 dollars)
85Boulder$63,074
86Folsom$62,962
87Austin$62,862
88Collierville$62,842
89Arlington Heights$62,826
90Shoreline$62,714
91South San Francisco$62,611
Source: U.S. Census Bureau · saved copy

Gini index of household income inequality (2020-2024)

Collierville ranks 682 of 823, highest first.

RankCityGini index of household income inequality
679Lafayette0.410
680Rockwall0.410
681Baldwin Park0.410
682Collierville0.410
683Santee0.409
684Missouri City0.409
685Bristol0.409
Source: U.S. Census Bureau · saved copy

Unemployment rate (share of civilian labor force) (2020-2024)

Collierville ranks 640 of 823, highest first.

RankCityUnemployment rate (share of civilian labor force)
637Little Rock4.1%
638Herriman4.0%
639Sanford4.0%
640Collierville4.0%
641Downers Grove4.0%
642Rowlett4.0%
643Jeffersonville4.0%
Source: U.S. Census Bureau · saved copy

Labor force participation rate (16 and over) (2020-2024)

Collierville ranks 385 of 823, highest first.

RankCityLabor force participation rate (16 and over)
382Tacoma66.1%
383New Brunswick66.1%
384West Allis66.1%
385Collierville66.1%
386Lake Elsinore66.1%
387Huntington Beach66.1%
388Santa Maria66.1%
Source: U.S. Census Bureau · saved copy

Mean travel time to work (minutes) (2020-2024)

Collierville ranks 377 of 823, highest first.

RankCityMean travel time to work (minutes)
374Hoover25.2
375Bradenton25.2
376Lee's Summit25.2
377Collierville25.1
378Brookhaven25.1
379Westfield25.1
380Rock Hill25.0
Source: U.S. Census Bureau · saved copy

Workers who worked from home (2020-2024)

Collierville ranks 171 of 823, highest first.

RankCityWorkers who worked from home
168Marana21.7%
169Goodyear21.6%
170Westfield21.4%
171Collierville21.4%
172Shawnee21.4%
173Boston21.3%
174Glendale21.2%
Source: U.S. Census Bureau · saved copy

Workers commuting by public transportation (2020-2024)

Collierville ranks 820 of 823, highest first.

RankCityWorkers commuting by public transportation
817Twin Falls0.0%
818Elyria0.0%
819Clermont0.0%
820Collierville0.0%
821Lawrence0.0%
822Holly Springs0.0%
823Waxahachie0.0%
Source: U.S. Census Bureau · saved copy

Employed residents working in manufacturing (2020-2024)

Collierville ranks 211 of 823, highest first.

RankCityEmployed residents working in manufacturing
208Longview11.8%
209O'Fallon11.8%
210Turlock11.8%
211Collierville11.7%
212Hayward11.7%
213Bloomington11.7%
214Fullerton11.6%
Source: U.S. Census Bureau · saved copy

Employed residents in education, health care and social assistance (2020-2024)

Collierville ranks 460 of 823, highest first.

RankCityEmployed residents in education, health care and social assistance
457Savannah22.5%
458Alameda22.5%
459Laredo22.5%
460Collierville22.5%
461Amarillo22.5%
462Camarillo22.5%
463Bowling Green22.5%
Source: U.S. Census Bureau · saved copy

Median gross rent per month (2020-2024)

Collierville ranks 341 of 823, highest first.

RankCityMedian gross rent per month
338North Miami$1,702
339Tampa$1,701
340National City$1,692
341Collierville$1,691
342Modesto$1,690
343Fort Collins$1,690
344Euless$1,690
Source: U.S. Census Bureau · saved copy

Median value of owner-occupied homes (2020-2024)

Collierville ranks 270 of 823, highest first.

RankCityMedian value of owner-occupied homes
267Carmel$486,800
268Fort Lauderdale$486,700
269Olympia$486,200
270Collierville$485,900
271Highland$485,600
272Henderson$484,900
273Boise City$484,800
Source: U.S. Census Bureau · saved copy

Median home value as a multiple of median household income (2020-2024)

Collierville ranks 622 of 820, highest first.

RankCityMedian home value as a multiple of median household income
619Bristol3.5x
620Yuma3.5x
621Kansas City3.5x
622Collierville3.5x
623Temple3.5x
624Burlington3.5x
625Troy3.5x
Source: U.S. Census Bureau · saved copy

Occupied homes lived in by their owners (2020-2024)

Collierville ranks 40 of 823, highest first.

RankCityOccupied homes lived in by their owners
37Sugar Land80.3%
38Menifee80.2%
39Deltona80.2%
40Collierville79.9%
41Palm Bay79.7%
42Westfield79.5%
43Bolingbrook79.1%
Source: U.S. Census Bureau · saved copy

Households with a broadband subscription (2020-2024)

Collierville ranks 15 of 823, highest first.

RankCityHouseholds with a broadband subscription
12Rowlett98.1%
13Woodbury98.0%
14Pleasanton97.9%
15Collierville97.8%
16Johns Creek97.8%
17Wake Forest97.8%
18Frisco97.7%
Source: U.S. Census Bureau · saved copy

Households with no internet access (2020-2024)

Collierville ranks 781 of 823, highest first.

RankCityHouseholds with no internet access
778Fishers1.6%
779Plano1.6%
780Bowie1.6%
781Collierville1.5%
782South Jordan1.5%
783West Jordan1.5%
784Draper1.5%
Source: U.S. Census Bureau · saved copy

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Sources

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