In Memphis, TN, Accountants earn a median of $72,060 a year — about 21% below the U.S. median of $90,780. Among the 50 metros tracked here for this role, that ranks #47.
What that pay is worth in Memphis
Local prices run 92 on the BEA cost-of-living index (U.S. = 100), so a $79,990 salary stretches further than the sticker number — about $86,777 in national-average buying power.
Can Accountants afford a home in Memphis?
A typical Memphis home runs about $157,100 — 2.0 times the average Accountant salary, very affordable against the classic 3x rule of thumb. Median rent near $1,123/mo takes roughly 17% of gross pay — within the 30% comfort line.
The Accountant pay ladder in Memphis
Entry-level (10th percentile) Accountants earn about $44,990; the top 10% reach $128,990 — a $84,000 spread, wide for this field. Most of that gap comes down to experience, employer, and how hard you negotiate.
The Accountant job market in Memphis
Memphis employs roughly 4,410 Accountants. It’s a sizable local market to build a career in.
Compare Memphis with other cities
See the full Accountant salary by city ranking to weigh Memphis against the other metros on both pay and cost-adjusted value, or use the cost-of-living calculator to compare any two cities directly.
Frequently asked questions
How much do Accountants make in Memphis?
The average Accountant in Memphis, TN earns about $79,990 per year, 11.9% below the national average of $90,780.
What is the take-home pay for Accountants in Memphis after taxes?
After federal and TN taxes, this $79,990 salary is worth about $65,102 a year - roughly $5,425 a month in take-home pay, an effective tax rate near 19%.
What do the highest-paid Accountants earn in Memphis?
The top 10% of Accountants in Memphis earn about $128,990 a year, versus about $44,990 for the bottom 10%.
Can Accountants afford a home in Memphis?
A typical Memphis home runs about $157,100 - roughly 2.0x this salary, within reach by the classic 3x rule of thumb.