B+

Collierville, TN

Source:

Affordability Score: 78/100

Population: 48,642 · 1 ZIP codes

The affordability dashboard for Collierville, TN aggregates Census ACS 5-Year Estimates across 1 ZIP code covering 48,642 residents, then layers in county-level federal data to produce an overall grade of B+ (78/100). The headline inputs are median household income of $138,677, median home value of $495,200, median rent of $1,609 per month, and 61.4% of adults holding a bachelor's degree or higher. These four metrics alone explain most of the variance between city dashboards.

Cross-agency feeds widen the picture beyond Census demographics. HUD publishes a Fair Market Rent for a 2-bedroom in this county at $1,274 per month (studio $1,060, 1BR $1,154, 3BR $1,683, 4BR $1,959). Department of Labor data lists infant center-based childcare at $11,007 per year, consuming 8% of the local median household income.

Reading the overall grade requires reading all seven dimensions together. The score weights Income 20%, Safety 20%, Housing 15%, Rent 15%, Education 10%, Commute 10%, and Childcare 10%, with each sub-score benchmarked against national percentiles rather than state averages — so the grade is genuinely comparable across any city in the country. Strengths visible in the raw data for Collierville, TN include income, education, rent, childcare. Unemployment currently reads 3.9% and poverty 3.4% — numbers worth keeping alongside the headline grade.

Score Breakdown

Income A+
$138,677
Median household income
Education A+
61.4%
Bachelor's degree or higher
Housing D
3.6x
Home value $495,200 vs income
Commute C-
26 min
Average commute time
Rent A+
$1,274/mo
2BR fair market rent (11% of income)
Safety N/A
N/A
Violent crime rate (county)
Childcare A-
$11,007/yr
Center-based infant care (8% of income)

Income & Employment

Median Income
$138,677
▲ 124% vs national
Per Capita Income
$65,812
Unemployment Rate
3.9%
Poverty Rate
3.4%

Housing

Median Home Value
$495,200
▲ 80% vs national
Median Rent
$1,609/mo
Owner Occupied
78.4%
2BR Fair Market Rent
$1,274/mo
▲ 6% vs national

Fair Market Rents by Bedroom

Studio
$1,060
1BR
$1,154
2BR
$1,274
3BR
$1,683
4BR
$1,959

Safety

Violent Crime Rate
Data Source
FBI UCR (county-level)

Education & Family

Bachelor's Degree+
61.4%
▲ 31 ppt vs national
High School+
75.2%
Median Age
41.5
Avg. Commute
26 min
▼ 0 min vs national

Childcare Costs

Infant (Center)
$11,007/yr
8% of income
Toddler (Center)
$7,610/yr
Preschool (Center)
$7,610/yr
School-Age (Center)
$3,969/yr

What This Means

Collierville, TN receives an overall affordability grade of B+ (78/100), aggregated from 1 ZIP codes with a total population of 48,642. This area performs well in income and education and rent and childcare. Data was unavailable for safety — these dimensions were excluded from the overall score.

Nearby City Dashboards

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What are common questions about this dashboard?

Is Collierville, TN affordable?
Collierville, TN receives an overall affordability grade of B+ (78/100) based on Census, HUD, FBI, and DOL data. Median household income is $138,677. Median home value is $495,200.
What is the cost of living in Collierville?
Key cost metrics: Median rent $1,609/mo. 2BR fair market rent $1,274/mo. Infant childcare $11,007/yr. Median home value $495,200.
How is the affordability score calculated?
The score evaluates 7 dimensions weighted by importance: Income (20%), Safety (20%), Housing (15%), Rent (15%), Education (10%), Commute (10%), and Childcare (10%). Each metric is compared against national percentile benchmarks from Census, HUD, FBI, and DOL data.

Data as of 2024. Source: U.S. Census Bureau ACS 5-Year Estimates. Source: HUD Fair Market Rents. Source: FBI Uniform Crime Report. Source: DOL National Database of Childcare Prices. Verify with HUD →