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City of Memphis

Memphis, TN · NTD ID 40003 · 2024 report year

Annual trips3.1 million #154 in the US
Operating expense$51.5 million 2024, as reported
Cost per rider$16.52 all modes combined
Farebox recovery3.3% fares ÷ operating cost

City of Memphis carries 3.1 million passenger trips a year across three modes — bus, streetcar and demand response — making it the 154th-busiest transit operator in the United States. It is based in Memphis, TN.

It spends $51.5 million a year running that service, or $16.52 per trip. Its bus service, the largest of its modes, costs $15.16 per rider — 9% above the $13.86 median for the 1,162 US agencies reporting bus.

Over the 10 years reported, ridership remains 51% below its 2019 level, the last full year before the pandemic, and up 11% on 2023. Fares cover 3% of operating cost.

Service by mode, 2024

ModeAnnual tripsOperating expense Cost per ridervs national median FareboxVehicles
Bus#139 of 1,162 nationally 2,627,188 $39.8 million $15.16 +9% 4% 74
Streetcar#18 of 25 nationally 261,692 $3.6 million $13.60 +37% 4% 4
Demand Response#106 of 1,920 nationally 229,733 $8.2 million $35.48 -7% 2% 57

Ridership, 2015–2024

8.1 million 2.8 million 2024 2015
YearAnnual trips Operating expense (2024 $)Cost per rider (2024 $)
2024 3,118,613 $51.5 million $16.52
2023 2,819,588 $54.6 million $19.38
2022 2,976,709 $64.2 million $21.58
2021 2,936,107 $73.9 million $25.17
2020 5,084,854 $69.7 million $13.71
2019 6,410,327 $71.5 million $11.15
2018 6,677,024 $70.0 million $10.48
2017 7,235,669 $65.6 million $9.06
2016 7,762,476 $63.4 million $8.17
2015 8,097,475 $66.0 million $8.15

Where City of Memphis ranks

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Source & method. Figures are from the Federal Transit Administration's National Transit Database (NTD) annual reporting for 2024, the most recent published report year. Cost per rider is operating expense divided by unlinked passenger trips. Farebox recovery is fare revenue divided by operating expense. Ten-year trends are adjusted for inflation to 2024 dollars; single-year figures are as reported. Agencies self-report to the NTD, and reporting practice varies, so figures are best read as comparable in magnitude rather than to the cent.