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The total population of Collierville is estimated to be 51,170 with 24,458 males (47.80%) and 26,712 females (52.20%). There are 2,254 more females than males in Collierville.
The median household income in Collierville was $129,127 in 2021, which marked an a decrease of 3,821(2.87%) from $132,948 in 2020. This income is 173.08% of the U.S. median household income of $74,606 (all incomes in 2022 inflation-adjusted dollars).
Per the latest American Community Survey by the Census Bureau, Collierville sees its highest median household income among householders in the age group of 45 to 64 years old, at $161,952. Overall, the median household income for the town of Collierville stands at $129,127.
In Collierville, the median income for all workers aged 15 years and older, regardless of work hours, was $83,671 for males and $38,423 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $105,029 for males and $71,190 for females.
In Collierville, the demographic landscape is diverse, spanning 5 distinct racial categories among households. Among these, Two or More Races households have the highest median household income at $147,348, while Some Other Race households represent the opposite end with the lowest median household income of $77,373.
In 2022, the population of Collierville was 51,594, a 0.13% increase year-by-year from 2021. Previously, in 2021, Collierville's population was 51,529, an increase of 0.23% compared to a population of 51,411 in 2020.
The median age in Collierville, TN is 40.9, as per 2021 ACS 5-Year Estimates. Of the total population, 21.37% were under the age of 15, 15.85% aged 15 to 29, 48.39% aged 30 to 64, 12.43% aged 65 to 84, and 1.97% were 85 years of age and older.
Racial distribution of Collierville population: 74.09% are White, 10.09% are Black or African American, 0.13% are American Indian and Alaska Native, 11.22% are Asian, 0.07% are Native Hawaiian and other Pacific Islander, 1.08% are some other race and 3.32% are multiracial.