New Accounts Clerks pay range in Memphis
New workers and the lowest-paid 10% earn about $44,880 a year or less, while the top 10% make $64,020 or more. The middle half of new accounts clerks in Memphis earn between $49,750 and $53,050.
- $45K10th
- $50K25th
- $52KMedian
- $53K75th
- $64K90th
median average · bar = middle 50% of workers · how to read it
| Pay level | Per year | Per month | Per hour* |
|---|---|---|---|
| Average | $52,990 | $4,416 | $25.48 |
| Median | $51,750 | $4,312 | $24.88 |
| Entry level (25th percentile) | $49,750 | $4,146 | $23.92 |
| Experienced (75th percentile) | $53,050 | $4,421 | $25.50 |
*Hourly figures assume 2,080 paid hours a year. Hourly to annual salary.
New Accounts Clerks pay in Memphis vs. Tennessee and the U.S.
New accounts clerks in Memphis earn 4% more than the Tennessee average ($50,950) and 7% more than the U.S. average ($49,370). At the median the gap is +9% against the U.S. median of $47,670.
| Area | Average | Median | 10th pct. | 90th pct. | Jobs |
|---|---|---|---|---|---|
| Memphis | $52,990 | $51,750 | $44,880 | $64,020 | 150 |
| Tennessee | $50,950 | $49,770 | $39,500 | $64,020 | 420 |
| United States | $49,370 | $47,670 | $38,180 | $60,910 | 36,860 |
State and U.S. rows: BLS statewide and national estimates, May 2025, which include rural areas.
New Accounts Clerks salary after taxes in Memphis
On the average salary of $52,990, a single filer in Memphis takes home about $44,757 a year, or $3,730 a month and $1,721 every two weeks. Taxes take 16% of gross pay.
The Memphis, TN-MS-AR metro area crosses state lines, so take-home pay depends on the state where you work:
| State | Per year | Per month |
|---|---|---|
| Working in TN | $44,757 | $3,730 |
| Working in MS | $43,370 | $3,614 |
| Working in AR | $43,284 | $3,607 |
Single filer, standard deduction: federal income tax (2026 brackets), Social Security, Medicare and no state income tax.
Is Memphis a good place for new accounts clerks? Pay vs. cost of living
Prices in the Memphis area are 8% below the U.S. average (BEA price parity 92.2), so the average $52,990 buys what about $57,486 would buy in a typical U.S. metro. This job pays 1.1 times the median wage of all jobs in Memphis ($46,890). A typical home costs $247,229, or 4.7 years of this average salary before tax.
New Accounts Clerks salary in other Tennessee cities
Memphis ranks 1st of 2 Tennessee metro areas for this job, the best-paid in the state.
- Memphis$52,990
- Knoxville$47,680
Highest-paying cities for new accounts clerks
New York, NY pays this job the most of the metro areas we cover ($60,190).
- New York, NY$60,190
- Washington, DC$58,980
- Los Angeles, CA$57,550
- Denver, CO$57,090
- San Diego, CA$56,750
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New Accounts Clerks salary in Memphis: questions
How much do new accounts clerks make an hour in Memphis?
$25.47 an hour on average, and $24.88 at the median (BLS, May 2025).
What is the entry-level new accounts clerks salary in Memphis?
The lowest-paid 10% earn about $44,880 a year and the 25th percentile is $49,750, a fair guide to starting pay.
What is the new accounts clerks take-home pay in Memphis?
About $44,757 a year ($3,730 a month) for a single filer on the average salary of $52,990. Tennessee has no state income tax.
Do new accounts clerks earn more in Memphis than elsewhere?
The average here is 7% more than the U.S. average for this job ($49,370).
Sources and how to read this page
- Wages: U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics (OEWS), May 2025 estimates for metropolitan areas. SOC code 43-4141; area Memphis, TN-MS-AR (32820). Relative standard error of the mean wage: 1.1%.
- U.S. and statewide figures: BLS OEWS national and state estimates, May 2025, every employer including rural areas.
- Cost of living: Bureau of Economic Analysis regional price parities (RPP), 2024; 100 = U.S. average.
- Home value: Zillow Home Value Index. Typical-wage figure: OEWS all occupations, same metro.
- Take-home pay: Single filer, standard deduction: federal income tax (2026 brackets), Social Security, Medicare and no state income tax.
- Job concentration: location quotient 1.05, this job is about as common as in the U.S. overall.
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