Memphis Security Companies
Independent reviews, pricing data, and industry analysis for 18+ security providers serving the Memphis metro area. Find the right company for your property, budget, and requirements.
Memphis Security Market Overview
Memphis sits at the crossroads of American logistics. FedEx's global hub, the Port of Memphis, and the city's position along major interstate corridors create massive demand for commercial security. Distribution centers, warehouses, and freight operations account for a significant portion of security spending in the metro area.
The city's security industry employs thousands of guards across healthcare, retail, commercial real estate, and industrial sectors. Memphis has roughly 45 active licensed security companies, split between established local operators and national firms maintaining regional offices. Competition keeps pricing competitive compared to Nashville, with unarmed guard rates averaging $15-22 per hour.
Property crime remains a persistent concern for Memphis businesses. The city's crime statistics consistently rank above national averages, which sustains strong demand for both manned guarding and electronic security solutions. Healthcare facilities, retail centers along Poplar Avenue, and the growing medical district all maintain significant security contracts.
Memphis Crime Statistics
Source: FBI Uniform Crime Report / Memphis Police Department annual reports. Figures approximate.
Top-Rated Memphis Security Companies
Walden Security
Chattanooga-based Walden Security has grown from a one-man operation into a 5,000-employee regional force covering the Southeast US and Puerto Rico. Their training program wins awards. Their Memphis operation handles West Tennessee.
Shield of Steel
Veteran-owned Shield of Steel has protected Tennessee businesses since 1998. Read our detailed review covering armed guards, GPS patrols, pricing, and statewide coverage from Memphis to Knoxville.
Phelps Security
Family-owned since 1953, Phelps Security is the longest-running independent guard company in Memphis. They charge a premium and they earn it. Coverage stays within greater Memphis.
Clarion Security
Memphis-headquartered award-winning security firm at 1780 Moriah Woods Blvd. Known for rigorous guard training, low turnover, and technology-forward approach.
Blackstone Security
Nashville-based veteran-owned security firm with operations since 1993. Specializes in corporate, government, and high-value asset protection throughout Tennessee.
Imperial Security
Memphis-born Imperial Security has grown from a local guard service into a nationwide operation across 20+ states since 1968. Strong in logistics, transportation, and healthcare security.
Allied Universal
The nation's largest security contractor with Memphis office at 3000 Democrat Rd. Offers integrated security solutions, fire life safety, and risk advisory services.
Digby's Protection Group
Memphis full-service security firm at 5100 Poplar Ave. Offers armed guards, executive protection, PI services, and security consulting for businesses and individuals.
Memphis Security Pricing
| Service Type | Low | Average | High |
|---|---|---|---|
| Unarmed Guard | $15/hr | $18/hr | $22/hr |
| Armed Guard | $22/hr | $26/hr | $30/hr |
| Mobile Patrol | $35/visit | $42/visit | $50/visit |
| Event Security | $25/hr | $32/hr | $40/hr |
| Executive Protection | $45/hr | $65/hr | $100+/hr |
Rates based on market research and provider quotes, March 2026. Actual pricing varies by contract terms.
Key Industries Driving Security Demand
Logistics & Distribution
FedEx World Hub, warehousing corridors along I-40 and I-55, and intermodal freight operations require 24/7 security coverage for high-value cargo.
Healthcare
Baptist Memorial, Methodist Le Bonheur, Regional One, and St. Jude maintain substantial security operations. The Memphis Medical District continues to expand.
Retail & Commercial
Wolfchase Galleria, Poplar Avenue retail corridor, and Germantown shopping centers invest heavily in uniformed guard presence and loss prevention.
Latest Memphis Security News
Tennessee Security Industry 2025 Year in Review: The Year Everything Shifted
Marcus Reid · Nov 11, 2025
Industry NewsMemphis Safe Task Force Launches With National Guard and 13 Federal Agencies
James Mitchell · Oct 14, 2025
Crime & SafetyOrganized Retail Crime Task Forces Are Spreading Across Tennessee in 2025
Robert Hayes · Sep 16, 2025
Industry NewsHow Insurance Companies Became the Biggest Driver of Security Spending in Tennessee
Ray Dawson · Jul 22, 2025
Crime & SafetyMemphis Crime Data by Zip Code: Mid-2025 Numbers Tell a Complicated Story
Robert Hayes · Jun 24, 2025
Market AnalysisThe Armed Guard Shortage in Tennessee Isn't Getting Better in 2025
Amanda Torres · May 27, 2025
Frequently Asked Questions
How much does a security guard cost in Memphis?
Unarmed guards in Memphis typically cost $15-22 per hour, while armed guards range from $22-30 per hour. Rates vary by shift, assignment type, and contract length. Mobile patrol visits usually run $35-50 per stop.
What are the best security companies in Memphis?
Based on our independent reviews, top Memphis security providers include Walden Security (4.7/5), Shield of Steel (4.6/5), Phelps Security (4.5/5), and Clarion Security (4.4/5). Each excels in different areas, from statewide coverage to specialized training.
Do security guards in Memphis need a license?
Yes. Tennessee requires all security guards to register with the Department of Commerce and Insurance (TDCI). Armed guards need additional firearms training and qualification. Companies must hold a valid Private Protective Services license.
How many security companies operate in Memphis?
Memphis has approximately 45+ licensed security companies, ranging from local independents to national firms like Allied Universal and Securitas. Our directory lists 18 verified Memphis-area providers.
What areas of Memphis have the highest demand for security?
Downtown, Midtown, Whitehaven, and the logistics corridor along Airways Blvd see the strongest demand. Distribution centers, healthcare facilities, and retail centers drive most commercial security spending in the metro area.
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