Average Software Developer Salary in Memphis, TN

The average Software Developer in Memphis, TN earns $115,680 per year. See how this compares to the national average and what it means for your budget.

Average Salary
$115680
Median Salary
$113500
vs. National
16.2% below
Real Pay (COL-adjusted)
$125495

“Real pay” adjusts the average for Memphis’s cost of living (Regional Price Parity 92.179, U.S. average = 100) — what this salary is worth in national-average dollars.

What Software Developers actually earn in Memphis

The spread from entry-level (10th percentile) to top earners (90th), from BLS wage data.

10th (entry) $68680
25th $90720
Median $113500
75th $140960
90th (top) $169280

2420 Software Developers employed in the Memphis metro.

Can a Software Developer afford a home in Memphis?

Max home price under the 28% rule (housing ≤ 28% of gross), 10% down, 6.7% 30-yr rate. Median Memphis home: $157100.

Earnings levelSalaryMax homeMedian home?
Entry (10th)$68680$275942Yes
Median$113500$456019Yes
Top (90th)$169280$680132Yes

What’s this salary worth in another city?

What you earn (or want to compare)

Take-home pay for a Software Developer in Memphis

Estimated pay after federal, FICA, and TN state taxes (2026). Prefilled with the local average — adjust for your situation.

Estimate only — not tax advice. Tax year 2026, federal + FICA + state (single or married filing jointly). Excludes local/city income taxes (e.g., NYC, Philadelphia) and individual credits. See our methodology.

Memphis at a glance

Population629063
Median household income$51211
Median home value$157100
Median rent$1123/mo
Cost of living (RPP, U.S.=100)92.179
Bachelor’s degree or higher16.9%
Poverty rate22%

In Memphis, TN, Software Developers earn a median of $113,500 a year — about 18% below the U.S. median of $138,110. Among the 49 metros tracked here for this role, that ranks #37.

What that pay is worth in Memphis

Local prices run 92 on the BEA cost-of-living index (U.S. = 100), so a $115,680 salary stretches further than the sticker number — about $125,495 in national-average buying power.

Can Software Developers afford a home in Memphis?

A typical Memphis home runs about $157,100 — 1.4 times the average Software Developer salary, very affordable against the classic 3x rule of thumb. Median rent near $1,123/mo takes roughly 12% of gross pay — within the 30% comfort line.

The Software Developer pay ladder in Memphis

Entry-level (10th percentile) Software Developers earn about $68,680; the top 10% reach $169,280 — a $100,600 spread, wide for this field. Most of that gap comes down to experience, employer, and how hard you negotiate.

The Software Developer job market in Memphis

Memphis employs roughly 2,420 Software Developers. It’s a sizable local market to build a career in.

Compare Memphis with other cities

See the full Software Developer 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 Software Developers make in Memphis?

The average Software Developer in Memphis, TN earns about $115,680 per year, 16.2% below the national average of $138,110.

What is the take-home pay for Software Developers in Memphis after taxes?

After federal and TN taxes, this $115,680 salary is worth about $90,210 a year - roughly $7,517 a month in take-home pay, an effective tax rate near 22%.

What do the highest-paid Software Developers earn in Memphis?

The top 10% of Software Developers in Memphis earn about $169,280 a year, versus about $68,680 for the bottom 10%.

Can Software Developers afford a home in Memphis?

A typical Memphis home runs about $157,100 - roughly 1.4x this salary, within reach by the classic 3x rule of thumb.

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