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Metro · Density Score

Memphis, TN-MS-AR

Metro area in Tennessee, Mississippi and Arkansas

40 Combined score #60 of 109 metros
Economic
45 #59 of 109
Innovation (Startup & VC)
37 #59 of 109

Memphis ranks #60 overall, #59 in Startup & VC and #59 in Economy among 109 U.S. metros.

Highlights

  • #38 of 102: 0.22 startup exits per year per 100k people
  • #56 of 109: +37 net migration of 25–44 year olds per 100k people
  • #60 of 109: $80K GDP per person

The inputs

Ranks are among the metros with data for each input; higher is better.

Venture capital per year, per 100k people
$1.4M #82 of 109
Early-stage rounds per year, per 100k people
0.48 #78 of 109
Series B+ rounds per year, per 100k people
0 #72 of 109
Startup exits per year, per 100k people
0.22 #38 of 102
GDP per person
$80K #60 of 109
Patents per 100k people
23 #63 of 103
STEM degrees per 100k people
118 #73 of 109
Tech share of jobs
1.9% #86 of 109
Net migration of 25–44 year olds, per 100k people
+37 #56 of 109

Top companies

The largest companies headquartered in this metro, by latest annual revenue.

  1. FedEx Corporation FDX · Industrials · Memphis $94.7B
  2. International Paper Company IP · Materials · Memphis $23.6B
  3. AutoZone, Inc. AZO · Consumer Discretionary · Memphis $20.3B
  4. Mueller Industries, Inc. MLI · Industrials · Collierville $4.2B
  5. Orgill Private · Construction · Collierville $3.6B

Roots Density Data, All Companies (public: SEC filings; private: Forbes Top Private Companies 2025). Ranked by latest annual revenue.

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