What it's like to live in Collierville
Collierville is a smaller city in Tennessee with unemployment below the national average, household incomes running above the national average, crime rates well below the national average, and a highly educated workforce. Those factors carry real weight for anyone weighing where to move next.
The tradeoffs are worth naming plainly. Collierville deals with rent well above the national average, home prices well above the national average, air quality that falls short of national benchmarks, and hot summers.
The good
- Low unemployment
- Higher-than-average incomes
- Low crime rates
- Highly educated workforce
- Average class sizes
The not so good
- Rent well above the national average
- High home prices
- Air quality concerns
- Hot summers
- Above-average rainfall
How Collierville compares
Median household income
Median rent (per month)
Median home value
What it takes to move to Collierville
Based on Collierville's median rent, home value and household income
To rent
$3,382
up front: first month plus a typical one-month deposit
- Income to keep rent under 30%: $67,640 a year
- 33% of Collierville renters spend 30% or more of their income on rent
To buy
$97,180
a 20% down payment on the median home
- With 10% down: $48,590
- Homes cost 3.5× the typical local household income (US: 4.1×)
Moving costs, closing costs and taxes not included.
The details
Cost of living▲ 20% above US
$1,691/mo median rent
Rent runs on the higher side, at $1,691 a month median. Whether that premium makes sense usually comes down to the local job market and what it pays. Home prices are steep, with a median around $485,900. Renting first to get a feel for the city before buying is often the more practical route.
Median home value $485,900 · 33% of renters cost-burdened
Job market▼ 28% below US
3.1% unemployment
Unemployment here is 3.1%, a little below the national average of 4.3%.
City-level (BLS)
Safety▼ 47% below US
175 violent crimes per 100k
Pretty safe, all things considered. Violent crime sits below the national average, nothing alarming, just ordinary city-life awareness.
Property crime 1015/100k · Collierville Police Department · 2025 data
Getting aroundNear US average
25 min average commute
Commutes run about average, at 25.1 minutes. Fine day to day, but it adds up over a year, and where someone lives relative to where they work starts to matter. 8 in 10 workers drive to work; 21% work from home.
How workers get to work
Climate
Summers are hot and humid, with highs regularly hitting 90°F, and winters are cold, with lows around 31°F and snow a regular occurrence. It's a wet climate overall.
Average month
30-year averages, 1991–2020
Education & workforce▲ 74% above US
63% bachelor's degree or higher
This is a highly educated city, with over half the adult population holding a college degree. That tends to shape the job market and the broader culture, and it's a solid indicator of a strong professional scene.
Schools
10 public schools inside the boundary
There are 10 public schools inside the boundary and 3 private schools. The student-to-teacher ratio is 15:1, close to the national average of 16:1. Smaller class sizes are generally a positive sign for a district.
Parks & recreation
The nearest national park or historic site is Brices Cross Roads National Battlefield Site (66 miles away). There are 7 national parks and sites within a day's drive.
Bottom line
Collierville's strongest points are unemployment below the national average and household incomes running above the national average; the main tradeoffs are rent well above the national average and home prices well above the national average. A year of median rent ($1,691/mo) equals 15% of the median household income here, less than the 21% typical nationwide. It tends to suit job seekers, anyone prioritizing low crime, and remote workers (21% of workers here already work from home).
Other places near Collierville
All Tennessee guides →Moving to Germantown →
5 mi away · pop. 40,673
Rent $1,816/mo · Income $149,920
Compare with Collierville →Moving to Bartlett →
15 mi away · pop. 56,876
Rent $1,638/mo · Income $102,070
Compare with Collierville →Moving to Lakeland →
15 mi away · pop. 14,192
Rent $1,755/mo · Income $116,250
Compare with Collierville →Moving to Arlington →
15 mi away · pop. 15,205
Rent $2,164/mo · Income $135,105
Compare with Collierville →Not sure Collierville is the one?
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