In Memphis, TN, Project Managers earn a median of $56,480 a year — about 28% below the U.S. median of $78,400. Among the 50 metros tracked here for this role, that ranks #43.
What that pay is worth in Memphis
Local prices run 92 on the BEA cost-of-living index (U.S. = 100), so a $64,990 salary stretches further than the sticker number — about $70,504 in national-average buying power.
Can Project Managers afford a home in Memphis?
A typical Memphis home runs about $157,100 — 2.4 times the average Project Manager salary, very affordable against the classic 3x rule of thumb. Median rent near $1,123/mo takes roughly 21% of gross pay — within the 30% comfort line.
The Project Manager pay ladder in Memphis
Entry-level (10th percentile) Project Managers earn about $36,410; the top 10% reach $107,590 — a $71,180 spread, wide for this field. Most of that gap comes down to experience, employer, and how hard you negotiate.
The Project Manager job market in Memphis
Memphis employs roughly 1,020 Project Managers. It’s a sizable local market to build a career in.
Compare Memphis with other cities
See the full Project Manager 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 Project Managers make in Memphis?
The average Project Manager in Memphis, TN earns about $64,990 per year, 17.1% below the national average of $78,400.
What is the take-home pay for Project Managers in Memphis after taxes?
After federal and TN taxes, this $64,990 salary is worth about $54,399 a year - roughly $4,533 a month in take-home pay, an effective tax rate near 16%.
What do the highest-paid Project Managers earn in Memphis?
The top 10% of Project Managers in Memphis earn about $107,590 a year, versus about $36,410 for the bottom 10%.
Can Project Managers afford a home in Memphis?
A typical Memphis home runs about $157,100 - roughly 2.4x this salary, within reach by the classic 3x rule of thumb.