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SalaryTruthBLS DATA

Updated May 2026 · BLS OEWS 2025 reference period

Tennessee · COL Index 84

Memphis, TN Average Salary 2026

Cost of living, occupation-by-occupation pay, and percentile ranges from official BLS data.

The average salary in Memphis, TN, Tennessee is $99,135 as of 2026, based on Bureau of Labor Statistics OEWS data (2025 reference period) covering 63 occupations and roughly 92,630 workers. Adjusted for Memphis, TN's cost-of-living index of 84, that nominal average translates to $118,018 of purchasing power in an average-cost U.S. metro. The highest-paying tracked occupation is Family Medicine Physician at $256,240; the lowest is Welder at $48,600.

Memphis, TN, TN has below-baseline cost-of-living (index 84.0), which means the $99,135 average median wage translates to higher real purchasing power than the same number would in higher-COL markets.

Highest-paying role in Memphis, TN on BLS data is Family Medicine Physician at $256,240 median. Top-paying roles in any U.S. city skew toward physicians, executives, tech specialists, and licensed professionals; the specific ranking varies with the local industry mix. Lower-COL cities like Memphis, TN often outperform higher-COL ones on cost-adjusted real income for the same role, especially for workers in mid-paying occupations whose gross wages do not vary as much by city.

$99,135
Average Salary 2026
$118,018
COL-Adjusted
84
COL Index
63
Occupations Tracked

Salaries by Occupation in Memphis, TN

RoleCategoryMedianRange (10th–90th)Employment
Family Medicine PhysicianHealthcare$256,240$123,450$634,140360
DentistHealthcare$238,040$72,420$276,050280
PediatricianHealthcare$168,200$165,170$376,660120
Computer and Information Systems ManagerTechnology$161,790$98,320$221,8801,710
Financial ManagerFinance$143,880$80,110$273,7402,750
Human Resources ManagerManagement$138,560$86,900$219,780760
LawyerLegal$134,440$74,270$322,9701,670
PharmacistHealthcare$134,220$103,470$165,8601,460
Marketing ManagerManagement$132,540$76,550$230,4201,180
OptometristHealthcare$129,080$48,650$168,350110
Sales ManagerManagement$128,560$64,860$233,9602,040
Computer Network ArchitectTechnology$126,400$79,800$168,850630
Software DeveloperTechnology$125,580$77,520$168,0002,270
VeterinarianHealthcare$125,130$100,750$174,260310
Nurse PractitionerHealthcare$124,600$83,770$154,0401,800
Physician AssistantHealthcare$121,900$94,700$148,570290
Electrical EngineerEngineering$112,870$77,500$171,430250
Medical and Health Services ManagerHealthcare$112,800$72,800$196,1302,310
StatisticianTechnology$111,690$65,000$171,48090
Mechanical EngineerEngineering$104,110$70,630$150,400390
General and Operations ManagerManagement$102,510$50,180$231,7709,730
Financial ExaminerFinance$102,420$47,460$200,22090
Data ScientistTechnology$102,220$63,120$160,170410
Computer Systems AnalystTechnology$100,640$63,550$151,4301,700
Industrial EngineerEngineering$100,480$75,140$131,6201,540
Personal Financial AdvisorFinance$100,120$44,810$598,360790
Physical TherapistHealthcare$100,000$71,240$126,090800
Occupational TherapistHealthcare$99,960$75,350$123,460420
Information Security AnalystTechnology$97,370$64,570$164,320490
Business Professor (Postsecondary)Education$96,180$61,530$163,440220
Civil EngineerEngineering$96,100$66,440$132,290780
Management AnalystManagement$94,980$59,470$161,9401,770
ArchitectEngineering$93,970$62,990$149,990330
Database ArchitectTechnology$92,680$47,270$142,100250
Financial AnalystFinance$91,180$50,660$194,000850
Software Quality Assurance TesterTechnology$91,040$67,670$120,600170
Network ArchitectTechnology$89,250$62,580$126,280780
Speech-Language PathologistHealthcare$86,120$59,310$117,530460
Engineers (Other)Engineering$85,860$51,470$139,570460
Operations Research AnalystTechnology$83,120$52,170$145,270180
Computer Occupations (Other)Technology$81,690$46,790$129,4301,990
Registered NurseHealthcare$81,500$65,280$112,31013,760
Web DesignerTechnology$79,690$47,940$131,210180
Dental HygienistHealthcare$78,580$72,150$119,720650
AccountantFinance$76,960$49,580$122,8304,390
AudiologistHealthcare$75,910$64,070$126,29040
Computer ProgrammerTechnology$73,970$47,770$134,790110
Market Research AnalystManagement$71,600$38,810$124,2801,880
Computer Network Support SpecialistTechnology$70,720$46,930$115,630310
Clinical Laboratory TechnologistHealthcare$64,000$39,270$98,6101,830
Loan OfficerFinance$63,250$38,210$131,380930
Web DeveloperTechnology$62,460$42,940$118,280240
Secondary School TeacherEducation$62,230$48,170$79,1804,860
Elementary School TeacherEducation$61,510$48,160$76,6305,410
Public Relations SpecialistCreative$61,000$37,980$103,380670
ElectricianTrades$60,890$38,670$84,8902,770
Graphic DesignerCreative$59,000$37,820$100,990590
PlumberTrades$58,690$37,530$82,0201,920
Writer/AuthorCreative$58,480$42,220$94,560170
ParalegalLegal$56,850$42,950$84,4801,120
CarpenterTrades$50,620$40,250$64,7801,240
Automotive TechnicianTrades$50,490$34,930$82,3702,980
WelderTrades$48,600$38,620$65,2801,590

What These Numbers Tell You

The single highest-paying occupation tracked in Memphis, TN is Family Medicine Physician, with a median of $256,240 and a 90th-percentile reading of $634,140. That $510,690 spread between the 10th and 90th percentiles is typical for a role of this seniority — entry-level workers cluster near the bottom of the band, while senior specialists and managers earn at the top.

Across all 63 BLS-tracked occupations in Memphis, TN, the average median salary is $99,135. The top five roles average $193,630 — about 2.0× the citywide average — which is the expected shape for a U.S. metro economy: a small concentration of high-skill, high-credential occupations sits well above the broader middle.

Memphis, TN runs below the U.S. average on cost of living (index 84, about 16% below the national mean). Lower nominal salaries here often translate to comparable or better purchasing power than higher headline numbers in coastal hubs.

Salary Negotiation in Memphis, TN

For salary negotiation in Memphis, TN, the practical input is the percentile band for your role and city, not the citywide average. The OEWS publishes 10th, 25th, 50th, 75th, and 90th percentile wages for every metro and occupation; you can find your role's exact percentile in the table above and use the SalaryTruth percentile calculator to anchor your offer. Cost-of-living index 84 should also factor in any cross-metro comparison.

For city-vs-city moves, the right benchmark is COL-adjusted pay rather than nominal pay. Our COL-adjusted salaries guide shows the exact math; the negotiation playbook covers how to use BLS percentile bands to anchor offers.

How Memphis, TN Salary Data Is Built

Wages on this page come from the U.S. Bureau of Labor Statistics Occupational Employment and Wage Statistics program — a federal survey of more than 1.2 million U.S. establishments, published once per year by Metropolitan Statistical Area and Standard Occupational Classification (SOC) code. We pull the BLS data file for Memphis, TN, match each occupation against our role catalog, and surface percentile wages alongside employment counts. The cost-of-living index (84) is a composite of housing, food, transportation, and utility data from public sources, calibrated to a U.S. national average of 100. Read the full methodology.

Frequently Asked Questions

What is the average salary in Memphis, TN in 2026?

The average salary in Memphis, TN is $99,135 as of 2026, based on the Bureau of Labor Statistics' OEWS 2025 release covering 63 occupations. The mean (employment-weighted average) gives slightly more weight to large occupations; the median across roles is also close to $99,135. The top-paying role is Family Medicine Physician at $256,240.

Is $100,000 a good salary in Memphis, TN?

In Memphis, TN, $100,000 has the purchasing power of $119,048 in an average-cost U.S. metro (COL index 84). That is above $100K of buying power — a $100K salary stretches further in Memphis, TN than in most U.S. metros. Compared to the city's average median of $99,135, $100K is above the typical worker.

What are the highest-paying jobs in Memphis, TN?

The top-paying tracked occupations in Memphis, TN are Family Medicine Physician ($256,240), Dentist ($238,040), Pediatrician ($168,200), and Computer and Information Systems Manager ($161,790). Across the top 10, median salaries range from $129,080 to $256,240. See the full ranking at /ranking/highest-paying-jobs/memphis.

How does Memphis, TN's cost of living affect salaries?

Memphis, TN has a cost-of-living index of 84, 16% below the U.S. national average. A nominal salary of $99,135 in this metro has the equivalent purchasing power of $118,018 in an average-cost U.S. city. Housing is the dominant driver of this gap; in higher-COL markets, mortgage or rent typically eats 5–15 percentage points more of pre-tax pay than in average-cost metros.

How many people are employed in Memphis, TN?

Across the 63 BLS-tracked occupations on this page, total employment in the Memphis, TN metro is approximately 92,630. BLS OEWS sample-based estimates cover all major occupational categories but exclude very small or volatile fields where the sample is too thin to publish.

Where does this Memphis, TN salary data come from?

Every wage figure on this page is sourced from the U.S. Bureau of Labor Statistics' Occupational Employment and Wage Statistics (OEWS) program at bls.gov/oes — public domain federal survey data covering about 1.2 million U.S. employers. The same data is used by the U.S. Department of Labor for prevailing wage determinations.

Source: U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics, Memphis, TN MSA, 2026 release. Public domain. See bls.gov/oes. Cite as: "SalaryTruth, BLS OEWS 2026."

Last refreshed 2026-05-21 · 63 occupations · COL Index 84.