Why Memphis

Be Part of a GREATER Movement. Be Here.

Memphis vibes, and it’s undeniable to residents and visitors alike. Being here is a unique experience. From our Downtown overlooking the mighty Mississippi River to our neighborhoods alive with musical sounds, delicious smells, and historic destinations, we are alive with soul.

We are home to internationally known innovators like FedEx and St. Jude Children’s Research Hospital. And we continue to move the world today.

Read more about what it’s like to be here.

Seeing the GREATER Picture

Every dollar of your investment in the Chamber fuels our Prosper Memphis 2030 strategic plan.

READ IT HERE

Our diversity makes us GREATER.

Greater Memphis is rich in culture, opportunities, people, and industries. We’re the largest majority Black city in the U.S., and we continue to diversify our industries and workforce. In Memphis, we understand that diversity is a superpower that will propel us to greater heights

 

Greater Memphis Diversity Stats

The highest concentration of Black professionals in tech, manufacturing, human resources, and sound recording of any major metro in the nation

Leads the nation in the concentration of women in tech, scientific research and development, architecture/engineering, and human resources.

Our tech talent is 38% diverse, which is the most diverse tech talent workforce of select, similarly sized peer metros.

#3 ranked city for largest percentage of businesses owned by black women (Brookings)

One of the “hottest cities in Black travel,” with attractions such as Hattiloo Theatre and Stax Museum of American Soul spotlighted (Essence)

DID YOU KNOW?

Memphis is home to 55,000 Black-owned businesses. Learn more about our minority business resources.

Our quality of living makes us GREATER.

With an abundance of outdoor activities and cultural institutions, a low cost of living, a vibrant professional and collegiate sports community, countless music and food venues, and much more, Greater Memphis is a great place to live.

2nd-lowest cost of living among major metro areas

#4 “Most Affordable City to Buy a Home” (Forbes)

A top market for Millennial homebuyers (Realtor.com)

One of TIME's “World's Greatest Places: 100 extraordinary destinations to explore”

Shelby Farms Park is one of the largest urban parks in the U.S.

Abundant performing arts centers, from live theater to ballet and opera to music venues of all sizes and genres

Newly renovated, state of the art Southland Casino & Hotel

The average commute time is 22.5 mins, ranking the metro area as the #6 shortest commute time in the country.

Memphis is a hub of year-round professional sports. We have the Memphis Grizzlies (basketball), the Memphis Redbirds (baseball), and Memphis 901 FC (soccer)

Our business environment makes us GREATER.

Greater Memphis has the lowest combined utility rates in the country, and some of the lowest local and state tax burdens in the nation. Our entrepreneurial ecosystem is flourishing. Bloomberg named us the city where $100,000 goes the furthest.

And we have one of the largest, cleanest, and low-cost sources of water in the world in the 100-trillion gallon Memphis Aquifer. Looking at the state as a whole, Tennessee is committed to providing an attractive business climate with a focus on low debt and a pro-business regulatory environment.

Greater Memphis has the business environment your company needs to grow.

CNBC named Tennessee one of the best states to do business

Memphis has a AAA Bond Rating by Moody’s, S&P and Fitch

Top-ranked logistics hub globally and regionally (Business Facilities magazine)

No personal income tax on wages and salaries and a right-to-work state

Successful overhaul of our tort and workers compensation laws

Lowest state debt per capita in the country, per The Tax Foundation

Employees in Memphis are among the most confident in job security, financial
future, and job outlook.

Visit MemphisTravel.com for where to go and what to do.

Contact our team today!