Small Business in Memphis
The city's median age is 34, and the average household size is 2.42, indicating a mix of young professionals, families, and retirees contributing to local economic activity. The median household income stands at $51,211, reflecting the community’s purchasing power and potential demand for various services. Memphis supports a diverse small business ecosystem, this particular report covers 26 home service industries, with 4186 operating businesses.
Industries overview
Number of companies by home service industry in Memphis
| Category | Companies |
|---|---|
| 152 | |
| 198 | |
| 57 | |
| 267 | |
| 142 | |
| 240 | |
| 66 | |
| 123 | |
| 212 | |
| 96 | |
| 487 | |
| 397 | |
| 185 |
| Category | Companies |
|---|---|
| 147 | |
| 333 | |
| 380 | |
| 164 | |
| 325 | |
| 144 | |
| 255 | |
| 31 | |
| 264 | |
| 362 | |
| 221 | |
| 135 | |
| 83 |
New websites
310
+2.65%
in 2024 compared to 2023
Total websites
3,139
+11.06% (+310)
increase from 2023 to 2024
New websites
Recently created small business websites which provide services in Memphis
| Website | Created |
|---|---|
| Mar 06, 2025 | |
| Mar 04, 2025 | |
| Mar 02, 2025 | |
| Feb 27, 2025 | |
| Feb 20, 2025 | |
| Feb 11, 2025 | |
| Feb 07, 2025 | |
| Feb 07, 2025 | |
| Jan 29, 2025 | |
| Jan 28, 2025 |
New franchise locations
New home service franchise locations in Memphis
| Profile | Launched |
|---|---|
| Jan, 2025 | |
| Jan, 2025 | |
| Dec, 2024 | |
| Oct, 2024 | |
| Oct, 2024 | |
| Sep, 2024 | |
| Jul, 2024 | |
| May, 2024 | |
| Apr, 2024 | |
| Apr, 2024 | |
| Mar, 2024 | |
| Mar, 2024 | |
| Feb, 2024 | |
| Feb, 2024 | |
| Feb, 2024 | |
| Jan, 2024 | |
| Jan, 2024 |