Collierville, Tennessee Demographics & Population 2026
During the 2020–2024 ACS period, Collierville, Tennessee had a total population of 51,515, the 15th largest town in Tennessee, with a median household income of $138,598, which is 99% higher than the state average. The poverty rate is 3.2%.
Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes
Key Takeaways
- Household income is 99% above the state average — one of the wealthiest communities in Tennessee.
- An exceptionally low poverty rate of 3.2% — among the lowest in Tennessee.
- 62.5% of adults hold a bachelor's degree or higher — top 10% in Tennessee.
Collierville Quick Facts
How Collierville Changed
Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.
| Metric | 2019–2023 | 2020–2024 | Change |
|---|---|---|---|
| Population | 51,212 | 51,515 | +0.6% |
| Median household income | $134,319 | $138,598 | +3.2% |
| Median home value | $458,300 | $485,900 | +6.0% |
How Collierville Compares
Median Household Income
Median Home Value
Economy & Housing
Household Income Distribution
Detailed income brackets
Employment
Housing Overview
People & Demographics
Age Distribution
Race & Ethnicity
Diversity Index
Moderate diversity with one or two groups making up the majority.
State average: 46 | National average: 61
Education
Educational Attainment (Adults 25+)
Collierville Rankings in Tennessee
Explore Tennessee Rankings
Other Cities in Shelby County
| City | Population | Median Income | Poverty | Home Value |
|---|---|---|---|---|
| Memphis | 618,980 | $51,736 | 23.1% | $169,000 |
| Bartlett | 56,876 | $102,070 | 5.1% | $310,400 |
| Germantown | 40,673 | $149,920 | 2.7% | $470,800 |
| Arlington | 15,205 | $135,105 | 4.9% | $424,400 |
| Lakeland | 14,192 | $116,250 | 3.2% | $388,900 |
| Millington | 11,289 | $49,979 | 16.5% | $207,300 |
Cities Similar to Collierville
These cities in the same state have comparable population and economic profiles.
| City | Population | Median Income | Home Value | Bachelor's+ | Poverty |
|---|---|---|---|---|---|
| Spring Hill | 55,765 | $112,013 | $493,800 | 50.3% | 4.3% |
| Bartlett | 56,876 | $102,070 | $310,400 | 35.7% | 5.1% |
| Brentwood | 45,556 | $182,088 | $1,031,300 | 73.8% | 3.6% |
| Germantown | 40,673 | $149,920 | $470,800 | 71.9% | 2.7% |
| Mount Juliet | 42,073 | $107,068 | $460,100 | 49.5% | 6.0% |
Population Overview
Collierville is a mid-sized community located in Tennessee, within Shelby County. The total population is 51,515. It ranks as the 15th most populous out of 502 Census-designated places in Tennessee.
Age Demographics
The median age in Collierville is 41.0 years. This is 5% higher than the state median of 38.9 years.
Economy, Income & Housing
The median household income in Collierville is $138,598. This is 99% higher than the state median of $69,595. It is also 72% higher than the national median of $80,734. The poverty rate stands at 3.2%. This is 76% lower than the state poverty rate of 13.8%. This exceptionally low poverty rate indicates strong economic prosperity across the community. The unemployment rate is 4.0%. This is 14% lower than the state rate of 4.7%. The median home value is $485,900. Housing costs are 69% higher than the state median of $286,700. The home-value-to-income ratio is 3.5x. 79.9% of occupied housing units are owner-occupied. This homeownership rate is 19% higher than the state average of 66.9%.
Race & Ethnicity
The largest racial or ethnic group in Collierville is White (non-Hispanic), making up 66.3% of the population. Asian residents account for 13.8%. The Asian population is significantly higher than the state average (13.8% vs 1.9%).
Education
62.5% of residents aged 25 and older hold a bachelor's degree or higher. This places Collierville in the top 10% of all cities in the state for educational attainment. This is 101% higher than the state rate of 31.1%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 96.2%. Notably, 26.9% of adults hold a graduate or professional degree, indicating a highly educated workforce.
Data Sources & Methodology
All demographic data for Collierville, Tennessee is sourced from the U.S. Census Bureau's American Community Survey (ACS) 2020–2024 5-Year Estimates. The ACS collects data from approximately 3.5 million households annually and pools five years of responses so that even small communities can be measured, though the margin of error widens as the population falls. Comparisons are made against Tennessee state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 502 Census-designated places in Tennessee. Read more about how these figures are produced on our methodology page, or visit data.census.gov for official data.
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Frequently Asked Questions
What is the population of Collierville, Tennessee?
Collierville, Tennessee has a population of 51,515 according to the most recent U.S. Census ACS 5-Year Estimates.
What is the median household income in Collierville, TN?
The median household income in Collierville is $138,598, which is 72% higher than the national median of $80,734.
What is the poverty rate in Collierville, TN?
The poverty rate in Collierville is 3.2%. This means approximately 1,661 residents live below the federal poverty line.
What is the racial makeup of Collierville, Tennessee?
Collierville's population is 66.3% White, 10.7% Black, 5.0% Hispanic/Latino, and 13.8% Asian.
What is the median home value in Collierville, TN?
The median home value in Collierville is $485,900. The home-value-to-income ratio is 3.5x.
How educated is Collierville, Tennessee?
62.5% of adults (25+) in Collierville hold a bachelor's degree or higher, and 26.9% hold a graduate or professional degree.