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Economic Atlas
Places/TN/Shelby
County profile

Shelby

United States · GDP 2024
#60 of 3,127 US counties by GDP38th-percentile growthmore diversified than 98% of counties
EA Place Score
——
methodology in progress
GDP 2024 (USD)
$88.4B
GDP growth
+3.2%
Jobs tracked
446,048
Employers
19,359
Avg. wage
$70.2k
Population
910,226
Labor & formation
Unemployment
4.3%
Median HH income
$63.8k±$1.3k
Business applications
16,497 · 2025

Public companies headquartered here

SEC EDGAR · FMP
CompanySectorRevenueEA
1FedEx CorporationIndustrials$87.9B75B+2International Paper CompanyConsumer Cyclical$23.6B61C3AutoZone, Inc.Consumer Cyclical$18.9B80B+4Mueller Industries, Inc.Industrials$4.2B84B+5First Horizon CorporationFinancial Services$3.4B67B6Sylvamo CorpBasic Materials$3.4B59C7Mid-America Apartment Communities, Inc.Real Estate$2.2B67B8Frontdoor, Inc.Consumer Cyclical$2.1B72B9Paragon Financial Solutions, Inc.Financial Services$58.3M51D10SurgePays, Inc.Technology$57.0M37D11ATWEC Technologies, Inc.Industrials$4.7M50D

HQ-based placement with total (global) headcount — local employment attribution needs firmographic data; the industry mix at right is measured county data (CBP).

Industry mix · employment
Health care25%
Transportation21%
Retail trade15%
Food & accommodation14%
Admin & support12%
Management12%
share of top-6 sector employment · CBP 2023
Population & migration
Census PEP · 2020–2025
910,226
residents · 2025 · -2.1% since 2020
Income per capita $65.4k · BEA 2024
COMPONENTS OF CHANGE · 2021–2025
Domestic migration−54,243
International migration+23,779
Natural change+10,840

GDP trend

2019–2024 · nominal
$67.8B
2019
$67.9B
2020
$75.4B
2021
$80.1B
2022
$85.7B
2023
$88.4B
2024

Real estate & risk

FHFA · ACS · FEMA
Median home value
$249.1k±$4.3k
Median gross rent
$1.2k/mo±$12/mo
Vacancy rate
10.3%±0.4%
Affordability
3.6× wages
Residential permits
1,230 (1.4/1k pop)
FEMA risk score
99.4
HUD Fair Market Rent (2BR):$1.3k/mo · 2026
TOP PERILS · FEMA NRI
Cold wave 100Tornado 100Heat wave 100
FHFA HOUSE PRICE INDEX · 2016–2025
343
2016
364
2017
388
2018
412
2019
435
2020
489
2021
572
2022
594
2023
599
2024
599
2025

Transport access

BTS · FAA · USACE
Nearest interstate
1.5 km
I-40
Nearest freight rail
0.4 km
CSXT
Nearest port
2.4 km
Memphis-Shelby County Port, TN
Nearest commercial airport
17.5 km
FREDERICK W SMITH INTL/MEMPHIS
Waterborne tonnage, host port(s) (CY2022):7,195,444 short tons/yr · Memphis-Shelby County Port, TN
Filing activity
SEC EDGAR

42 filings from 9 companies here in the last 90 days.

8-KMueller Industries, Inc.07-01
8-KSurgePays, Inc.07-01
8-KFrontdoor, Inc.06-29
8-KFedEx Corporation06-25
8-KMid-America Apartment Communities, Inc.06-25
8-KFedEx Corporation06-23
8-KSurgePays, Inc.06-22
8-KSurgePays, Inc.06-22
8-KAutoZone, Inc.06-16
10-QAutoZone, Inc.06-12
Wage trend
BLS QCEW · 2019–2023
$70.2k
avg. annual pay · +22% since 2019
Similar US counties
nearest by GDP
Honolulu$87.1BMiddlesex$86.7BMultnomah$90.6BLake$82.9BCobb$81.9BErie$81.1B
The read

Shelby's economy produced $88.4B in 2024, growing 3.2% year over year — slower than 62% of US counties. Its largest employment sector is health care.

GDP: BEA (2024), USD-normalized · Jobs/employers/wages & industry mix: Census CBP (2023) · Population & migration: Census PEP · Income: BEA CAINC1 · Companies: SEC EDGAR + FMP, by HQ.
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