Overview

Bartlett & Northeast Shelby County Tennessee

Bartlett & Northeast Shelby County Tennessee is located along the I-40 Corridor approaching Memphis from the east. The area comprises eight zip codes and is the largest submarket in the Memphis Metro region as well as one of its fastest growing. Bartlett proper is the tenth largest city in Tennessee with over 50,000 residents. Over the past decade Bartlett grew by 35%. Other jurisdictions within the market area include; Lakeland, Arlington, Memphis/Cordova, Memphis/Raleigh, and unincorporated areas of east and north Shelby County. Combined this area has a population of approximately 250,000 or roughly 20% of metropolitan Memphis.

Within a ten mile radius of the intersection of I-40 and Germantown Parkway are over 15,000 businesses, 185,000 employees and 150,000 households. The average age is 37 with an average household income of just over $86,000.

The economy of the area is very diverse with no dominating industries or sectors. The retail sector employs about 42,000 with an average of 13 employees per business. Finance, Insurance & Real Estate employs about 17,000, Manufacturing a little over 13,000, Wholesale Trade and the Construction sectors both employ roughly 8,500 and Government is responsible for about 6,500. The largest single sector is Service at 77,000 employees with the largest industries being Health Services (28,000), General Services (30,000) and Education (10,000).

Primary industries serve a major role in the region's economic strength. Many of these businesses operate as regional, national and international headquarters and are located in the corporate and industrial parks along the I-40 Corridor. Many of these companies are home grown with multi-million dollar operations. There are four companies headquartered in the I-40 Corridor with sales in excess of $1 billion. Numerous industry clusters have evolved within the corridor including medical device manufacturing, pharmaceuticals, healthcare, hospitality, agribusiness / food processing, IT service and general electronics.

The Northeast Shelby County workforce is perhaps the best in the Memphis Metropolitan area and very likely one of the best overall labor markets in the Southeast United States. The region provides existing and prospective employers with a wide choice of skills and college degrees combined with a strong work ethic typical of this part of the country.

Bartlett & Northeast Shelby County is a thriving residential and business corridor with a bright economic future. Thousands of acres of developable land will carry the region well into the 21st Century with an estimated build-out population approaching 500,000.