What Are the Top Industries in Memphis?

Memphis is a rapidly growing city that has a long history of successful businesses.  Home to three Fortune 500 companies (FedEx, AutoZone, and International Paper Co.), you’ll be hard-pressed to find a city this size offering so much to choose from. 

Whether you’re thinking about moving here for work, or you’re considering starting a business in the gorgeous city of Memphis, these are the top industries anyone can find work in! 

Transportation and Warehousing

The largest employer in Memphis is currently the transportation and warehousing industry!  This industry employs over forty thousand people in a range of work, from physically driving the vehicles all the way to bookkeeping within the industry.  Although this isn’t the best-paying industry to work in, it’s very reliable since work will always be needed in this field.  

Healthcare and Social Assistance

Just behind transportation and warehousing are healthcare and social assistance, hiring thirty-nine thousand employees.  This is the highest paying industry in the city, making already affordable Memphis houses for sale just that much more purchasable.  This is an awesome role if you have a degree or three, but if you don’t, you can still find entry-level positions that pay a livable wage.

Retail Trade

Retail trade comes in third at a drop-down to hiring thirty thousand people out of the Memphis population.  Retail trade is a thriving industry in Memphis, allowing a huge assortment of businesses and interests to ensure that if you go into this industry, you’ll be able to find something you want to do or create.  If you’re starting a business in Memphis, this is a great industry to move into, but you have to be able to set yourself apart.

Manufacturing

Manufacturing comes in fourth, hiring just twenty people less than retail trade.  The manufacturing business is booming in Memphis, tying in strongly to the transportation and warehousing industry.  The top-paying roles in this industry are positions repairing, installing, and replacing machines.  If you can get into the sales portion of this industry, you can also make an awesome commission on the machines your company sells.  Consider what type of role you want, and you can more than likely find it in manufacturing.

Educational Services

Teaching is one of the most important roles in the world.  Teachers are able to help mold the minds of the future and create a better future for all of us.  In Memphis, educational services employ over twenty-three thousand people.  These range from teachers to custodians and property maintenance.  This is, unfortunately, one of the lower-paying industries in the city, but there are motions being made so that they can be changed.  Educators, and those who support the educational system so that it can do what it needs to, are the most important people in the city and should be paid accordingly. 

Memphis Is Awesome For Anyone Starting Fresh

If you want to start a business, or you’re looking for a city to move to for a great career: it’s time to take Memphis seriously.  This awesome city has so much to offer anyone who wants it, so consider moving here soon!