Best In Tennessee Real Estate™: Memphis

Memphis is narrowing the income gap between incoming and outgoing households at a rate unmatched in Tennessee — a sign of deepening economic convergence. This 7.7% change, based on IRS migration data from 2021-22 to 2022-23, reveals a structural shift in the city’s migration dynamics. Unlike Nashville or Knoxville, Memphis is not just attracting high earners — it’s integrating them into a broader, more balanced economic fabric. This convergence reduces inequality and strengthens long-term housing stability. Learn more from the original ALEX Intelligence report: https://alex-companies.com/data/2026-11-06-memphis-mig-trend-agi Change in the Income Gap Between Arriving and Departing Households, top 10 (ALEX Intelligence — U.S. Internal Revenue Service 2023) #1 Fulton County, GA — $128,324 #2 San Diego County, CA — $90,124 #3 Los Angeles County, CA — $72,037 #4 Cook County, IL — $69,727 #5 Madison County, MS — $69,017 #6 Pulaski County, AR — $68,526 #7 Bexar County, TX — $67,938 #8 Jefferson County, AL — $67,863 #9 Hillsborough County, FL — $67,410 #10 Hamilton County, TN — $63,780 Photos via Wikimedia Commons: Slide 1: ElToAn123 (CC BY-SA 4.0) https://commons.wikimedia.org/?curid=167274781; Slide 2: Warren LeMay from Chicago, IL, United States (CC BY-SA 2.0) https://commons.wikimedia.org/?curid=162753621; Slide 3: Jim Roberts (CC BY-SA 4.0) https://commons.wikimedia.org/?curid=57834244; Slide 4: Warren LeMay from Chicago, IL, United States (CC BY-SA 2.0) https://commons.wikimedia.org/?curid=162750727 Source: https://alex-companies.com/data/2026-11-06-memphis-mig-trend-agi View and join any or all of our communities — AI, quantum, and real estate: https://alex-companies.com/reports/linkedin-groups If there's an AI, quantum, or real estate community you'd like to see us convene, tell us — this portfolio grows by request. Real Estate Strategy & Intelligence Leader. Democratized Blue Ocean Strategist & Operator. Diane Hart Alexander, MBA, MHA Chair & CEO, ALEX Companies Designated Broker, Alexander Tiffany Southwest, LLC dba ALEX.realestate, et.al. Texas License #574877-B · Broker License #565194-BB [email protected] · +1 713.591.9902
Source data: Source: U.S. Internal Revenue Service, Statistics of Income Migration Data, county-to-county inflows, 2021-22 and 2022-23 · ALEX Intelligence computation
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Licensed by the Texas Real Estate Commission. Broker: Alexander Tiffany Southwest, LLC · License #565194-BB.
Diane Hart Alexander, Chair & CEO, ALEX Companies · Designated Broker · #574877-B  ·  George Arnold Alexander III, Partner, ALEX Companies · Associate Broker · #574878-B
Texas Real Estate Commission Information About Brokerage Services · TREC Consumer Protection Notice · trec.texas.gov