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What is the average salary in Memphis, TN?

The average salary in Memphis, TN is $62,807 per year.

Memphis, TN, offers a range of salary opportunities across different industries. The average yearly salary in the area is around $62,807. This figure provides a good overview of what job seekers can expect to earn. The salary distribution shows a variety of earnings, from lower to higher-paying jobs.


The salary distribution in Memphis includes several key points. The lowest 10% of earners make around $24,000 per year. The next 10% earn about $42,273. As earnings increase, the 20% of earners make up to $60,545. The highest 10% of earners make over $206,000 annually. This range highlights the potential for growth and advancement in different sectors.

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What are the best paying jobs in Memphis, TN?

Memphis, TN, offers a range of high-paying job opportunities. Among the top positions are Owner Operator, Physician, and General Dentist. These roles provide competitive salaries and the chance to make a significant impact in the community. Owner Operators, Physicians, and General Dentists lead the way in terms of earnings. They enjoy not only attractive salaries but also the chance to build a rewarding career. Other high-paying jobs include Enterprise Architect, Solution Architect, and Pharmacist. These roles require specialized skills and education, but they offer excellent compensation and job satisfaction.
Graph displaying best paying job salaries in Memphis, TN, highlighting Owner Operator with the highest at $320,611 and Physician Assistant with the lowest at $123,770.
  1. Owner Operator
    Average Salary: $320,611
    This role involves managing a fleet of trucks. Companies like FedEx and UPS offer opportunities. It requires strong business skills and a deep understanding of logistics.
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  2. Physician
    Average Salary: $243,156
    Physicians diagnose and treat illnesses. They work in hospitals and clinics. The role demands extensive medical knowledge and excellent patient care skills.
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  3. General Dentist
    Average Salary: $222,197
    Dentists provide oral care. They work in private practices or clinics. The job involves diagnosing and treating dental issues, ensuring patients' oral health.
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  4. Enterprise Architect
    Average Salary: $157,972
    This role designs and implements IT systems. Companies like IBM and Microsoft offer positions. It involves strategic planning and technical expertise.
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  5. Solution Architect
    Average Salary: $146,935
    Solution Architects design software solutions. They work for tech firms. The role requires a blend of technical skills and problem-solving abilities.
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  6. Solutions Architect
    Average Salary: $143,331
    Solutions Architects focus on creating IT solutions. They collaborate with teams to meet business needs. The role demands strong analytical skills and technical knowledge.
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  7. Pharmacist
    Average Salary: $130,040
    Pharmacists dispense medications and advise patients. They work in pharmacies. The role requires a deep understanding of pharmaceuticals and patient care.
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  8. Nurse Practitioner
    Average Salary: $127,410
    Nurse Practitioners provide primary and specialty care. They work in clinics and hospitals. The role involves diagnosing conditions, prescribing treatments, and patient education.
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  9. Principal
    Average Salary: $125,094
    Principals oversee school operations. They manage staff and ensure educational standards. The role requires strong leadership and communication skills.
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  10. Physician Assistant
    Average Salary: $123,770
    Physician Assistants provide medical care under a doctor's supervision. They work in various healthcare settings. The role involves diagnosing, treating, and educating patients.
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What are the best paying jobs in Memphis, TN without a degree?

Memphis offers several high-paying jobs that do not require a college degree. Canvassers, who gather information and promote products, earn an average of $85,417 annually. Other well-paying roles include Irrigation Technicians, Kitchen Managers, and Concrete Finishers, all offering competitive salaries. These positions provide excellent opportunities for those seeking to enter the workforce without a degree. Irrigation Technicians, who manage water systems, earn around $49,457 per year. Kitchen Managers, responsible for overseeing restaurant kitchens, make about $48,227 annually. Concrete Finishers, who prepare and finish concrete surfaces, earn an average of $43,269. These jobs offer good pay and the chance to gain valuable experience.
Graph displaying best paying job salaries in Memphis, TN without a degree, highlighting Canvasser with the highest at $85,417 and Lawn Care Technician with the lowest at $37,989.
  1. Canvasser
    Average Salary: $85,417
    This role involves visiting homes and businesses to gather information. It's a great way to meet people and learn about the community. Companies like local political campaigns and market research firms often hire canvassers.
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  2. Irrigation Technician
    Average Salary: $49,457
    These professionals install and maintain irrigation systems. They work for landscape companies and golf courses. This job offers a mix of outdoor work and technical skills.
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  3. Kitchen Manager
    Average Salary: $48,227
    Kitchen managers oversee daily operations in restaurants. They ensure food quality and staff efficiency. This role is ideal for those who enjoy a fast-paced environment and leadership.
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  4. Concrete Finisher
    Average Salary: $43,269
    Concrete finishers shape and smooth concrete for buildings and roads. They work on construction sites and for local contractors. This job requires physical strength and attention to detail.
    Find Concrete Finisher jobs in Memphis, TN


  5. Landscaper
    Average Salary: $41,151
    Landscapers design and maintain outdoor spaces. They work for landscaping companies and homeowners. This job combines creativity with outdoor work.
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  6. Restaurant Manager
    Average Salary: $40,475
    Restaurant managers handle daily operations and staff. They work in various dining establishments. This role is perfect for those who enjoy customer service and leadership.
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  7. Yard Worker
    Average Salary: $39,675
    Yard workers maintain lawns and gardens. They work for landscaping companies and homeowners. This job offers a mix of physical labor and outdoor work.
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  8. Meat Cutter
    Average Salary: $39,519
    Meat cutters prepare meat for sale. They work in grocery stores and butcher shops. This job requires precision and attention to food safety.
    Find Meat Cutter jobs in Memphis, TN


  9. Loader
    Average Salary: $38,994
    Loaders move materials and goods. They work in warehouses and distribution centers. This job involves physical labor and teamwork.
    Find Loader jobs in Memphis, TN


  10. Lawn Care Technician
    Average Salary: $37,989
    Lawn care technicians maintain lawns and gardens. They work for landscaping companies and homeowners. This job combines outdoor work with attention to detail.
    Find Lawn Care Technician jobs in Memphis, TN

Which companies offer the top salaries in Memphis, TN?

Job seekers in Memphis, TN, have several top-paying companies to consider. Leader Freight Systems leads the pack with an average salary of $215,320. KPMG and Deloitte also offer competitive salaries, with averages of $144,209 and $139,247, respectively. Other notable employers include Winston Resources, TransLand, and Hirschbach Motor Lines, all offering salaries above $100,000. Gifted Healthcare, Your Part-Time Controller, LLC, the FBI, and International Paper also provide attractive compensation packages. These companies present excellent opportunities for those seeking rewarding careers in Memphis.
Graph displaying company salaries in Memphis, TN, highlighting Leader Freight Systems with the highest at $215,320 and International Paper with the lowest at $107,860.
  1. Leader Freight Systems
    Average Salary: $215,320
    Leader Freight Systems is a leading logistics company. They offer a variety of positions in transportation and logistics. Their salaries are among the highest in Memphis.


  2. KPMG
    Average Salary: $144,209
    KPMG is a global network of professional services firms. They provide audit, tax, and advisory services. KPMG offers competitive salaries and career growth opportunities.


  3. Deloitte
    Average Salary: $139,247
    Deloitte is a top consulting firm. They offer services in audit, consulting, financial advisory, and tax. Deloitte is known for its strong culture and good pay.


  4. Winston Resources
    Average Salary: $128,018
    Winston Resources is a staffing and recruiting company. They place professionals in various industries. Winston Resources offers a good salary and benefits.


  5. TransLand
    Average Salary: $124,000
    TransLand is a transportation and logistics company. They offer positions in freight and supply chain management. TransLand pays well and values employee development.


  6. Hirschbach Motor Lines
    Average Salary: $113,952
    Hirschbach Motor Lines is a transportation company. They provide freight services across the country. They offer competitive salaries and benefits.


  7. Gifted Healthcare
    Average Salary: $112,868
    Gifted Healthcare is a healthcare staffing agency. They place professionals in various healthcare settings. They offer good pay and flexible work options.


  8. Your Part-Time Controller, LLC
    Average Salary: $109,691
    Your Part-Time Controller, LLC provides accounting and financial services. They offer part-time and full-time positions. They pay well and offer a supportive work environment.


  9. Federal Bureau of Investigation (FBI)
    Average Salary: $108,623
    The FBI is a federal law enforcement agency. They offer positions in various fields, including criminal investigation and intelligence. The FBI offers a good salary and benefits.


  10. International Paper
    Average Salary: $107,860
    International Paper is a leading packaging and paper company. They offer positions in manufacturing and logistics. They pay well and offer career growth opportunities.

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

The cost of living index in Memphis, TN, stands at 91, which is 1% below the nationwide average of 100. This indicates that, overall, living expenses in Memphis are slightly lower than the national average. Housing costs in Memphis are notably lower, with an index of 83, while groceries and utilities are close to the national average at 94 and 97, respectively. This balanced distribution makes Memphis an attractive option for those seeking a more affordable lifestyle.
Cost of living comparison graph for Memphis, TN vs. Nationwide: housing 17% lower, groceries 6% lower, utilities 3% lower, transportation 9% lower, healthcare 4% lower, miscellaneous 11% lower.

The cost of living in Memphis, Tennessee, presents a favorable comparison to the nationwide average, which is set at 100. Housing costs in Memphis stand at 83, which is 17% lower than the national average. This makes housing more affordable for residents and job seekers considering Memphis. Lower housing costs can significantly reduce overall living expenses, making it easier for individuals to manage their budgets.


Additionally, Memphis offers competitive prices in other key areas. Groceries cost 94, which is 6% lower than the national average. Utilities are priced at 97, just 3% above the average, while transportation costs are at 91, which is 9% lower. Healthcare costs are slightly above average at 96, which is only 4% higher. Miscellaneous expenses are at 89, which is 11% lower than the national average. These figures indicate that Memphis provides a cost-effective living environment in several important areas.

There are 4,561 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
Overview
Memphis, TN
4,561 Job Openings