Memphis Sales Tax Rate — Economic Context & Calculation
Logistics/transportation (FedEx HQ — 30,000+ local employees, Memphis International Airport is the world's busiest cargo airport), healthcare (St. Jude, Methodist, Baptist — 60,000+ healthcare jobs), manufacturing (auto parts, appliances), music/tourism (Graceland — 600K+ visitors, Beale Street), agriculture (cotton, hardwood)
The combined sales tax rate in Memphis is 9.750%, composed of the Tennessee state rate of 7.000% plus a local portion of 2.750%. On a receipt, that stacks up as: 7% state rate + 2.75% Shelby County rate = 9.75% combined. TN has no state income tax. Groceries taxed at reduced 4% state + 2.75% = 6.75% on food. Memphis International Airport (MEM) is the world's busiest cargo airport by volume (FedEx SuperHub).
The formula to calculate sales tax for any purchase:
For a $150.00 purchase in Memphis: tax is $14.63 ($150.00 × 0.09750), total is $164.63.
