Memphis, TN-MS-AR metro area

Average Salary in Memphis, TN

The average salary in Memphis, Tennessee is $60,240 a year ($28.96 an hour) across all jobs, and the median is $46,890, according to BLS estimates for May 2025 covering the Memphis, TN-MS-AR metro area. That is 15% less than the U.S. metro average ($70,751) and about the same as the Tennessee average ($59,725).

$60,240average salary
$46,890median salary
92cost of living (U.S. = 100)
611,670jobs in the metro
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Average salary by job family in Memphis

Management$136,320
Legal$115,670
Healthcare Practitioners and Technical$98,060
Computer and Mathematical$96,650
Architecture and Engineering$95,130
Life, Physical, and Social Science$86,860
Business and Financial Operations$85,260
Installation, Maintenance, and Repair$63,200
Educational Instruction and Library$59,740
Construction and Extraction$56,610
Community and Social Service$56,440
Arts, Design, Entertainment, Sports, and Media$55,600
Protective Service$51,270
Transportation and Material Moving$49,520
Office and Administrative Support$49,510
Production$48,100
Sales and Related$47,940
Farming, Fishing, and Forestry$39,230
Healthcare Support$38,440
Building and Grounds Cleaning and Maintenance$36,260
Personal Care and Service$35,480
Food Preparation and Serving Related$31,830
BLS OEWS May 2025, all employers in the metro area.

Highest-paying jobs in Memphis

Most common jobs in Memphis and what they pay

JobJobsAverage salaryMedian
Laborers and Freight, Stock, and Material Movers, Hand37,750$41,130$39,510
Heavy and Tractor-Trailer Truck Drivers19,460$66,500$63,070
Retail Salespersons17,050$35,140$32,580
Fast Food and Counter Workers15,320$27,980$27,490
Registered Nurses13,760$87,370$81,500
Stockers and Order Fillers12,200$39,360$37,280
Cashiers10,840$29,200$29,160
General and Operations Managers9,730$132,440$102,510
Customer Service Representatives9,360$45,050$44,090
Office Clerks, General9,060$41,310$38,610
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Cost of living in Memphis

Prices in the Memphis area are 8% below the U.S. average, with a BEA price parity of 92.2 for 2024. The average local salary of $60,240 therefore buys what $65,351 would buy in a typical U.S. metro. A typical home is worth $247,229, 3.8 times the median household income of $64,743.

$247,229typical home value
$64,743median household income
92.2BEA price parity
1,341,606metro population

Take-home pay in Memphis

Salary levelGrossAfter taxPer month
25th percentile wage$36,020$31,122$2,593
Median wage$46,890$39,856$3,321
Average wage$60,240$50,583$4,215
75th percentile wage$70,400$58,356$4,863

Single filer, standard deduction: federal income tax (2026 brackets), Social Security, Medicare and no state income tax.

Compare Memphis with another city

Salaries for every job in Memphis

Management35 jobs
Legal6 jobs
Healthcare Practitioners and Technical48 jobs
Computer and Mathematical17 jobs
Architecture and Engineering25 jobs
Life, Physical, and Social Science20 jobs
Business and Financial Operations28 jobs
Installation, Maintenance, and Repair32 jobs
Educational Instruction and Library44 jobs
Construction and Extraction30 jobs
Community and Social Service15 jobs
Arts, Design, Entertainment, Sports, and Media22 jobs
Protective Service19 jobs
Transportation and Material Moving30 jobs
Office and Administrative Support44 jobs
Production63 jobs
Sales and Related18 jobs
Farming, Fishing, and Forestry5 jobs
Healthcare Support16 jobs
Building and Grounds Cleaning and Maintenance9 jobs
Personal Care and Service22 jobs
Food Preparation and Serving Related16 jobs

Average salary in nearby cities

Average salary in Tennessee

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Salary in Memphis: questions

What is a good salary in Memphis?

Half of all workers in the Memphis metro earn less than $46,890 and the average is $60,240. Earning more than $70,400 puts you in the top quarter of local wages.

How much do you need to earn in Memphis to match a $70,751 salary elsewhere?

About $65,218, because prices here are 8% below the U.S. average (BEA price parity 92.2).

What are the highest-paying jobs in Memphis?

Neurologists ($439,130), Physicians, All Other ($379,900), Orthopedic Surgeons, Except Pediatric ($370,050).

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