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What is the average salary in Memphis, TN?

The average salary in Memphis, TN is $63,302 per year.

Job seekers in Memphis, TN, will find a diverse job market with competitive salaries. The average yearly salary stands at $63,302. This amount reflects the earnings of workers across various industries. Higher-paying sectors include those that require specialized skills and experience.

In Memphis, certain fields offer higher salaries. Here are the top-paying sectors based on distribution percentages and salary data:

  • Business and Financial Operations: 34.21% - Average salary: $95,273
  • Professional and Related: 21.22% - Average salary: $77,455
  • Management: 14.37% - Average salary: $59,636
  • Sales and Related: 9.66% - Average salary: $41,818
  • Office and Administrative Support: 5.67% - Average salary: $24,000
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What are the best paying jobs in Memphis, TN?

Memphis offers a variety of high-paying job opportunities. Successful candidates in these roles can expect competitive salaries. Top-paying jobs in Memphis include positions such as Owner Operator, Physician, and General Dentist. In Memphis, Owner Operators earn an average of $307,244 annually. Physicians and General Dentists also enjoy high salaries, with averages around $249,182 and $224,432, respectively. These fields require specific skills and qualifications but offer excellent compensation. Other lucrative roles include Enterprise Architect, Solution Architect, and Architect. Each of these careers provides a rewarding and financially stable future.
Graph displaying best paying job salaries in Memphis, TN, highlighting Owner Operator with the highest at $307,244 and Architect with the lowest at $127,062.
  1. Owner Operator
    Average Salary: $307,244
    Managing a fleet of vehicles for local and national delivery. Work with companies like FedEx and local businesses. Requires business acumen and logistics skills.
    Find Owner Operator jobs in Memphis, TN


  2. Physician
    Average Salary: $249,182
    Provide medical care to patients. Work in hospitals and private practices. Specialize in areas like cardiology or pediatrics. Join networks such as Baptist Memorial Health Care.
    Find Physician jobs in Memphis, TN


  3. General Dentist
    Average Salary: $224,432
    Perform dental procedures like cleanings and fillings. Operate in private practices and clinics. Use modern equipment to ensure patient comfort and health.
    Find General Dentist jobs in Memphis, TN


  4. Enterprise Architect
    Average Salary: $159,559
    Design and implement IT systems. Work with companies like AutoZone and local IT firms. Focus on integrating technology solutions that support business needs.
    Find Enterprise Architect jobs in Memphis, TN


  5. Solution Architect
    Average Salary: $148,058
    Create solutions to meet business needs. Work on projects for tech companies and local businesses. Collaborate with teams to develop systems that improve efficiency.
    Find Solution Architect jobs in Memphis, TN


  6. Solutions Architect
    Average Salary: $147,845
    Design and plan technical solutions. Focus on integrating software and hardware. Work with firms like IBM and local IT consultants to enhance operational efficiency.
    Find Solutions Architect jobs in Memphis, TN


  7. Principal
    Average Salary: $130,032
    Lead and manage a firm or organization. Provide strategic direction and oversee operations. Common in education and consulting firms, guiding teams to achieve goals.
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  8. Pharmacist
    Average Salary: $129,745
    Dispense medications and provide health advice. Work in pharmacies like Walgreens and CVS. Ensure patients understand their medications and health conditions.
    Find Pharmacist jobs in Memphis, TN


  9. Nurse Practitioner
    Average Salary: $129,543
    Provide advanced nursing care. Work in clinics and hospitals. Offer treatments and health education to patients. Collaborate with doctors and other healthcare professionals.
    Find Nurse Practitioner jobs in Memphis, TN


  10. Architect
    Average Salary: $127,062
    Design buildings and structures. Work for firms like Heeren Architecture and local construction companies. Ensure designs meet safety and aesthetic standards.
    Find Architect jobs in Memphis, TN

What are the best paying jobs in Memphis, TN without a degree?

Job seekers in Memphis, TN, can find well-paying positions without needing a college degree. The best options include canvassers and irrigation technicians, both offering annual salaries above $50,000. Kitchen and restaurant managers can also earn over $40,000, providing good financial opportunities. Loaders, meat cutters, and landscapers are other high-paying jobs, with salaries ranging from $39,000 to $43,000. These roles present solid career paths for those seeking to earn a respectable income without a degree.
Graph displaying best paying job salaries in Memphis, TN without a degree, highlighting Canvasser with the highest at $85,200 and Loader with the lowest at $39,255.
  1. Canvasser
    Average Salary: $85,200
    This role involves visiting homes and businesses to gather information. Companies need data and feedback for their operations. It's a great chance to meet new people. Canvassers work for research firms and political campaigns.
    Find Canvasser jobs in Memphis, TN


  2. Irrigation Technician
    Average Salary: $52,205
    These professionals design and maintain irrigation systems for homes and businesses. They ensure water is delivered efficiently. Companies and homeowners in the area depend on their expertise. They work for landscaping firms and local governments.
    Find Irrigation Technician jobs in Memphis, TN


  3. Kitchen Manager
    Average Salary: $50,586
    This job involves overseeing kitchen staff and ensuring meals are prepared on time. Managers coordinate with chefs and kitchen staff. They work in busy restaurants and cafes. Experience in fast food or fine dining is helpful.
    Find Kitchen Manager jobs in Memphis, TN


  4. Concrete Finisher
    Average Salary: $43,410
    These workers smooth and shape concrete for buildings and roads. They ensure the surface is even and free of defects. Construction companies need skilled finishers. They work on sites with various contractors.
    Find Concrete Finisher jobs in Memphis, TN


  5. To Go Specialist
    Average Salary: $42,580
    They prepare orders for customers who take food away. Specialists work quickly to ensure orders are correct. Fast food and casual dining restaurants hire these workers. They interact with customers and kitchen staff daily.
    Find To Go Specialist jobs in Memphis, TN


  6. Landscaper
    Average Salary: $40,848
    Landscaping jobs involve designing and maintaining gardens and outdoor spaces. They plant flowers, trees, and shrubs. Landscapers work for homeowners and businesses. They need good attention to detail and physical strength.
    Find Landscaper jobs in Memphis, TN


  7. Restaurant Manager
    Average Salary: $40,593
    Managers run the daily operations of a restaurant. They oversee staff, manage finances, and ensure customer satisfaction. Managers work in busy dining establishments. Experience in the food service industry is valuable.
    Find Restaurant Manager jobs in Memphis, TN


  8. Meat Cutter
    Average Salary: $40,311
    Meat cutters slice and portion meat for sale. They follow safety and hygiene standards. Butchers work in grocery stores and meat markets. Attention to detail and speed are important skills.
    Find Meat Cutter jobs in Memphis, TN


  9. Yard Worker
    Average Salary: $39,535
    These workers maintain lawns and gardens for homeowners. They mow, trim, and plant as needed. Yard workers find jobs with landscaping companies and local homeowners. Physical fitness and basic gardening skills are essential.
    Find Yard Worker jobs in Memphis, TN


  10. Loader
    Average Salary: $39,255
    Loaders move materials and equipment on construction sites. They drive forklifts and other machinery. Construction firms and warehouses hire loaders. Experience with heavy equipment is helpful.
    Find Loader jobs in Memphis, TN

Which companies offer the top salaries in Memphis, TN?

Job seekers in Memphis, TN, can find good earning opportunities with companies like Beemac Trucking, LLC, and Leader Freight Systems. These companies offer some of the highest salaries in the area, with Beemac Trucking, LLC leading at an average of $338,047. This makes it an attractive option for those seeking competitive pay. Additionally, KPMG and Deloitte follow closely, offering average salaries of $147,607 and $142,884, respectively. Companies such as Winston Resources and TransLand also provide solid compensation packages. These top-paying employers show strong potential for career growth and financial stability in Memphis.
Graph displaying company salaries in Memphis, TN, highlighting Beemac Trucking, LLC with the highest at $338,047 and Federal Bureau of Investigation (FBI) with the lowest at $109,075.
  1. Beemac Trucking, LLC
    Average Salary: $338,047
    Beemac Trucking, LLC offers competitive salaries and growth opportunities in the transportation industry.


  2. Leader Freight Systems
    Average Salary: $215,320
    Leader Freight Systems provides rewarding career options with a focus on logistics and transportation.


  3. KPMG
    Average Salary: $147,607
    KPMG, a global accounting firm, offers professional development and a robust salary package.


  4. Deloitte
    Average Salary: $142,884
    Deloitte is a leading consulting firm providing excellent salaries and career advancement opportunities.


  5. Winston Resources
    Average Salary: $128,797
    Winston Resources specializes in staffing services and offers competitive salaries and benefits.


  6. TransLand
    Average Salary: $126,745
    TransLand provides rewarding career opportunities in logistics and transportation with strong salary packages.


  7. Leaf Home
    Average Salary: $116,118
    Leaf Home offers excellent compensation and benefits in the home services industry.


  8. Hirschbach Motor Lines
    Average Salary: $114,516
    Hirschbach Motor Lines provides competitive salaries for their employees in the transportation sector.


  9. Gifted Healthcare
    Average Salary: $112,463
    Gifted Healthcare offers rewarding career opportunities in healthcare with competitive salaries.


  10. Federal Bureau of Investigation (FBI)
    Average Salary: $109,075
    The FBI offers strong salaries and benefits for those dedicated to national security and law enforcement.

How does the cost of living in Memphis, TN compare to the national average?

Memphis, Tennessee, offers a cost of living that is lower than the nationwide average. The city's cost of living index stands at 92, reflecting a savings of 8% compared to the national benchmark of 100. Each category, from housing to miscellaneous expenses, remains just slightly below the national standard, making Memphis an attractive option for those seeking affordability without sacrificing quality.
Cost of living comparison graph for Memphis, TN vs. Nationwide: housing 15% lower, groceries 6% lower, utilities 5% lower, transportation 4% lower, healthcare 3% lower, miscellaneous 11% lower.

The cost of living in Memphis, Tennessee, is notably lower than the nationwide average. According to recent data, Memphis's overall cost of living index stands at 91, which is 9% below the national benchmark of 100. This suggests that living expenses in Memphis are generally more affordable for residents.


Specific categories reflect this trend. For instance, housing costs in Memphis are 15% lower than the national average, with an index of 85. Groceries, another essential expense, are priced at 94, which is just 6% below the average. While utilities are slightly above the national average at 95, other areas like transportation, healthcare, and miscellaneous expenses are all within a few points of the national average or marginally lower. This makes Memphis an attractive option for those looking to manage living costs while enjoying a comfortable lifestyle.

There are 5,165 job openings in Memphis, TN, today!

Take a deeper dive into the job market in Memphis, TN

Discover what it's like to work in Memphis, TN. Learn if you need a car, explore popular employers, the job market, and the best neighborhoods to live in.
City
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Memphis, TN
5,165 Job Openings