Living in Collierville, TN

Shelby County

Collierville is one of the most affluent Memphis-area suburbs, built around a real, preserved historic Town Square -- voted Parade Magazine's 2014 Best Main Street in America -- and a genuine corporate-relocation identity: Mueller Industries (NYSE: MLI), a publicly traded manufacturer, is headquartered at 150 Schilling Blvd in Collierville itself. Founded in 1836 by Jesse R. Collier as the hamlet of Oak Grove, first incorporated in 1850, and reincorporated in 1870 after near-total destruction during the Civil War, Collierville has a real, documented railroad-era commercial history -- the Memphis and Charleston Railroad reached town in 1857, doubling its population within a few years. Collierville Schools, the town's own separate municipal school district (formed after the 2013 Memphis-Shelby County Schools merger), ranks #1 among Best School Districts in Tennessee AND #1 in the Memphis Area per Niche 2026 -- a genuinely top-tier, independently sourced result, the strongest single school-district ranking found across this entire Memphis-metro batch. Housing runs meaningfully above the national median, with Redfin citing a $535,000 median sale price (three months ending June 2026, down 2.8% year over year) and Zillow citing a somewhat lower $513,352 typical home value. Cost-of-living figures carry a genuinely wide, disclosed three-way disagreement this session -- BestPlaces cites an index 14.2% BELOW the national average, while AreaVibes cites one 19% ABOVE it, a real, unreconciled discrepancy in both level and direction. The current Shelby County property tax rate similarly carries an unresolved, disclosed discrepancy between two cited figures ($2.69 and $2.702382 per $100 of assessed value) for what may be adjacent tax years. Crime data reads consistently favorable across the sources checked: CityRating.com cites an overall crime index of 30 against a national baseline of 100, and NeighborhoodScout describes Collierville as safer than 85% of Tennessee cities and 63% of U.S. cities. Collierville has real, in-town hospital access via Baptist Memorial Hospital-Collierville (a 75-acre campus with 24/7 emergency care), plus Methodist Le Bonheur Germantown Hospital roughly 6 miles away. Sitting in West Tennessee's Memphis metro, Collierville carries real Dixie Alley tornado and severe-thunderstorm risk -- a genuinely higher-frequency pattern than East Tennessee's Farragut/Knoxville area, built alongside this record -- and sits within the broader New Madrid Seismic Zone's area of consequence, though the cited earthquake-probability figures describe Shelby County/greater Memphis generally rather than Collierville specifically, a real, disclosed caveat. Demographically, Collierville skews genuinely younger than Farragut or Germantown, the two other markets built alongside this record: a 65-plus population share of roughly 13.7%-16%, at or below the 18% national average, consistent with Collierville's real, ongoing population growth (+1.82% since the 2020 Census) and its family- and corporate-relocation-oriented identity -- which is why this record uses the best-areas topic rather than retiring.

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Housing

Median sale price$535,000

Taxes

Local effective property tax rateNot yet verified

Not independently sourced at the Shelby County level this session. Tennessee carries no income tax statewide. See the Tennessee hub page for the statewide property tax context -- do not treat that figure as Collierville-specific.

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The tradeoffs

Pros

A genuinely top-tier, independently sourced school district (Collierville Schools, #1 in Tennessee AND #1 in the Memphis Area per Niche 2026) -- the strongest school result in this entire Memphis-metro batch. A real, preserved historic Town Square (Parade Magazine's 2014 Best Main Street in America) paired with a genuine, current corporate anchor (Mueller Industries, NYSE: MLI, headquartered in-town). Consistently favorable crime data across the sources checked this session. Real, in-town hospital access via Baptist Memorial Hospital-Collierville, plus Methodist Le Bonheur Germantown Hospital nearby. Tennessee's no-state-income-tax structure, alongside real, ongoing population growth (+1.82% since the 2020 Census) -- a genuine, disclosed contrast with Germantown's declining population, built alongside this record.

Cons

Cost-of-living figures carry a genuinely wide, three-way disagreement this session -- sources disagree not just on the number but on the basic DIRECTION relative to the national average -- confirm current comparisons directly. The current Shelby County property tax rate similarly carries an unresolved, disclosed discrepancy between two cited figures for what may be adjacent tax years. Shelby County's combined sales tax (9.75%) runs higher than Knox County's 9.25% cited for Farragut elsewhere in this batch. Real West Tennessee Dixie Alley tornado risk and New Madrid Seismic Zone proximity -- genuinely higher-frequency hazards than East Tennessee's Farragut/Knoxville area. A CrimeGrade.org-specific figure was not independently pulled for Collierville this session, a disclosed gap relative to Farragut and Germantown.

Who this fits

Best for: Families and corporate relocators wanting a genuinely top-tier, independently sourced Tennessee school district (Collierville Schools, #1 in TN per Niche 2026) paired with a real historic town-square identity and an in-town corporate employer (Mueller Industries); movers wanting a still-growing, younger-skewing Memphis suburb rather than an already-mature, declining-population one; anyone prioritizing consistently favorable crime data across multiple independent sources.

Maybe not for you if: Buyers wanting a single, confidently precise cost-of-living or property-tax figure should note the genuinely wide, unreconciled disagreements documented in this record (a three-way cost-of-living spread that disagrees on direction, and two conflicting Shelby County tax-rate figures) -- verify current figures directly before budgeting. Those specifically seeking a retirement-skewing community with an above-national-average senior population should look to Farragut or Germantown instead, both built alongside this record with meaningfully higher 65-plus shares. Anyone wanting West Tennessee's lower earthquake/tornado exposure should note Collierville sits in the real, if lower-probability, New Madrid Seismic Zone area of consequence and West Tennessee's higher-frequency Dixie Alley tornado corridor -- a genuine trade-off against East Tennessee markets like Farragut.

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Last reviewed: 2026-08-22. Independent research; see individual metric entries above for source attribution. This is not financial, tax, or legal advice -- confirm current figures with a local professional before making a decision.