Median Income
$129,729
household / year
Median Home Value
$409,000
owner-occupied
Median Rent
$1,488
gross / month
Cost of Living
92
national avg = 100

Is Collierville, TN a Good Place to Live?

Collierville is a mid-sized city of 51,170 in Tennessee, with a median household income of $129,729 and a 2.6% unemployment rate. Its cost of living index is 92 (US average = 100), which is 8% below the national average.

Strengths: Collierville stands out for an affordable cost of living, lower-than-average crime, solid school ratings (A), a well-educated population, short average commutes.

Trade-offs: Potential downsides include high home prices. Whether Collierville is right for you depends on your priorities — the full breakdown is below.

All Collierville city data on this page comes from official government sources — the US Census Bureau, FBI, NCES, BEA, and NOAA — updated annually.

Cost of Living

Index: 92.4

Collierville's overall cost of living index is 92.4, where 100 represents the US national average. Living in Collierville costs roughly 8% less than the average American city.

Metric Collierville, TN National Avg
Median Home Value $409,000 $244,900
Median Monthly Rent $1,488 $1,163
Homeownership Rate 80.5% 65.9%
Median Household Income $129,729 $74,755

Crime & Safety

Very Safe

Collierville's violent crime rate is 150.1 per 100,000 residents — 60% lower than the national average of ~380 per 100,000.

Violent Crime
150.1 /100k
Property Crime
1268.7 /100k

Vertical marker = national average. Source: FBI UCR Program.

Schools & Education

Collierville is served primarily by Collierville.

Metric Collierville, TN National Avg
School District Collierville
Elementary Schools 6
Middle Schools 2
High Schools 1
Student/Teacher Ratio N/A 16:1
Bachelor's Degree or Higher 60.4% 35.4%
High School Diploma or Higher 95.5% 91.1%

Weather & Climate

Collierville sees average highs of 50.0°F in January and 91.4°F in July, with 57.0 inches of annual precipitation and 1.4 inches of snow per year.

MetricCollierville, TN
Average High — January50.0°F
Average High — July91.4°F
Annual Precipitation57.0"
Annual Snowfall1.4"

Demographics

MetricCollierville, TNNational Avg
Population51,170
Median Age40.238.9
Unemployment Rate2.6%3.7%
Avg Commute Time25.1 min26 min
White (non-Hispanic)71.2%59.3%
Black or African American9.8%13.6%
Hispanic or Latino2.9%18.9%
Asian13.8%6.3%
Under 1826.7%22.2%
65 and over14.6%16.8%

Nearby Cities

ZIP Codes in Collierville

Collierville, TN is covered by 1 ZIP code:

Collierville vs Other Cities

Frequently Asked Questions

Collierville's cost of living index is 92, where 100 is the national average. That makes Collierville roughly 8% less expensive than a typical US city — a meaningful affordability advantage. The median home price is $409,000 and median rent is $1,488/month.
Collierville's violent crime rate is 150.1 per 100,000 residents — the national average is ~380 per 100,000. Property crime is 1268.7 per 100,000 (national avg ~2,100). Data from the FBI Uniform Crime Reporting Program.
Public schools in Collierville are operated by Collierville. The district has 6 elementary, 2 middle, and 1 high schools. 60.4% of adults 25+ hold a bachelor's degree or higher.
Collierville, TN has a population of 51,170, a median household income of $129,729, and an unemployment rate of 2.6%. It offers below-average costs of living, which stretches take-home pay further than in most American cities. Whether it's right for you depends on your priorities — use the compare tool above to stack it against another city you're considering.
Collierville averages 50.0°F in January and 91.4°F in July. Annual rainfall is 57.0 inches with about 1.4 inches of snow per year. Based on NOAA 30-year climate normals (1991–2020).
Collierville, TN is covered by 1 ZIP code: 38017.
The population of Collierville, Tennessee is 51,170 with a median age of 40.2. Source: US Census ACS 5-Year Estimates.
Key numbers for living in Collierville: cost of living index 92 (100 = US average), median home $409,000, median household income $129,729, crime index 48 (100 = US average, lower is safer), schools rated A. Whether these are benefits or drawbacks depends on where you're coming from — compare Collierville side by side with your current city to see the trade-offs.