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Collierville, Tennessee

USA · Comprehensive city data and intelligence

72
Overall Score

Collierville, Tennessee, is an affluent suburb of Memphis known for its blend of historic charm and modern amenities. With a projected population of 52,126 in 2026, the town offers a peaceful and welcoming community environment, attracting families and professionals alike. Its meticulously maintained homes, tree-lined streets, and strong sense of community contribute to a high quality of life. Collierville is particularly recognized for its award-winning historic Town Square, top-tier schools, and safe neighborhoods, making it a desirable place to live in the Mid-South.

About Tennessee

Tennessee, known as the "Volunteer State," offers a diverse landscape ranging from the Appalachian Mountains in the east to the Mississippi River in the west, fostering a rich cultural heritage, particularly in music. The state's economy is robust and diversified, with major industries including manufacturing (automotive, chemicals, advanced manufacturing), healthcare, agriculture (soybeans, tobacco, cotton, beef cattle), and tourism. Living in Tennessee is generally considered affordable, with a cost of living approximately 10-15% lower than the national average, and it boasts no state income tax. The climate is predominantly humid subtropical, characterized by warm, humid summers and mild winters, though temperatures vary with elevation. Residents enjoy a lifestyle that blends natural beauty and outdoor recreation with vibrant cultural scenes in its major cities, alongside a strong sense of community.

52,126
Population
$64K
Avg Salary
102
Cost Index
72.0
Quality Score

Quality Scores

Business
70
Livability
76
Affordability
65
Growth
60

Cost of Living

The cost of living in Collierville is slightly higher than the national average, with an affordability index of 102 as of March 2026. While utility prices are estimated to be 15% lower than the national average and grocery prices are 1% lower, housing expenses significantly drive up the overall cost. The median home value in Collierville was $409,000 in March 2026, considerably above the national average. Rent for apartments also reflects this, with the average rent for a one-bedroom apartment around $1,489 and a two-bedroom around $1,717 as of July 2026.

Average Rent
$1,696/mo
Groceries
$400/mo
Transport
$120/mo
Utilities
$180/mo
Healthcare
$250/mo
Gym membership (monthly)
$45.00
Cinema ticket
$14.00
Restaurant meal (mid-range)
$25.00
Monthly groceries
$400.00
Doctor visit (without insurance)
$150.00

Salary Insights

Collierville's economy is robust, supported by a highly educated workforce. [cite: 34 in previous search] The average salary in Collierville was reported as $64,376 in June 2026. Key industries driving the local economy in 2024 include Manufacturing, Healthcare & Social Assistance, Transportation & Warehousing, Retail, and Professional, Scientific, and Technical Services. While the town boasts a low unemployment rate of 2.6% as of March 2026, employment saw a slight decline of 0.333% from 2023 to 2024. Major employers like FedEx World Tech Center, Helena Chemical, and Carrier Corporation contribute to the job market. [cite: 33 in previous search]

The average salary in Collierville is $64,376 per year. You would need approximately $68,000 to live comfortably.

Top Industries

Manufacturing Healthcare & Social Assistance Transportation & Warehousing Professional, Scientific, & Technical Services Retail

Climate

🌡️
Avg Temp
☀️
Summer High
❄️
Winter Low
🌧️
"
Annual Rain
💧
70.00%
Humidity
🌤️
Sunny Days

Transport

Transportation in Collierville is largely car-dependent, with an average Walk Score of 0 out of 100, indicating that most errands require a car. Public transit options are limited, and most residents rely on personal vehicles for commuting. [cite: 10 in previous search, 25 in previous search] The average commute time for residents is approximately 25 minutes. [cite: 2 in previous search] Major roadways like Interstate 269 and State Route 385 provide connections to the wider Memphis metropolitan area. [cite: 44 in previous search]

25 min
Avg Commute
10.00/10
Transit Score
/10
Walkability
High
Car Dependency

Pros & Cons

Advantages
Award-winning historic Town Square and vibrant community events. [cite: 6 in previous search, 29 in previous search, 40]
Top-tier schools and a strong emphasis on education. [cite: 6 in previous search, 29 in previous search, 40]
Extremely safe neighborhoods with crime rates significantly below the national average.
Higher median household income compared to national averages.
Abundance of parks, greenways, and outdoor recreational opportunities. [cite: 6 in previous search, 29 in previous search, 40]
Drawbacks
Highly car-dependent with limited public transportation options.
Higher cost of living and housing expenses compared to the national average.
Employment growth saw a slight decline from 2023 to 2024.
Limited rental inventory, positioning it as a higher-tier rental market.
Amenities score is low, indicating fewer walkable amenities in some areas.

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