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Accountant Salary in Memphis, TN

Accountant salary data for Memphis, TN — adjusted for local cost of living. Entry-level to senior pay ranges, take-home pay calculator, and local job market insights.

Accountant Salary in Memphis, TN — 2026

The median Accountant salary in Memphis, TN is $66,220 per year ($5,518/month, $32/hr). This reflects the local cost of living index of 86, which is 14% below the national average.

Entry Level
$46K
$22/hr
Median
$66K
$32/hr
Senior
$89K
$43/hr
Top Earner
$111K
$53/hr

Accountant Take-Home Pay in Memphis

Tax Breakdown (Median Salary)

Gross Annual$66,220
Federal Tax-$6,182
State Tax (0.0%)-$0
FICA (SS + Medicare)-$5,066
Annual Take-Home$54,972
Monthly Take-Home$4,581

Living Cost Comparison

Median Rent$1,000/mo
Rent-to-Income Ratio18.1%
Median Home Price$170,000
Cost of Living Index86
City Median Salary$52,000
Accountant vs City Median+$14,220

Accountant Requirements

Education
Bachelor's Degree
Experience
1-3 years
Job Growth
4.0% (2024-2034)

Key Skills

GAAPQuickBooksTax PreparationAuditingExcel

Memphis Job Market Overview

Memphis, Tennessee has a population of 633,104 and an unemployment rate of 4.2%. The top industries are Logistics, Healthcare, Manufacturing. The local job growth rate is 1.0%, and the average commute time is 24 minutes.

Frequently Asked Questions

What is the average Accountant salary in Memphis, TN?
The median Accountant salary in Memphis, TN is $66,220 per year as of 2026. This is adjusted for the local cost of living index of 86. Entry-level Accountants earn around $45,580, while senior-level professionals can earn $88,580 or more.
How much does a Accountant take home in Memphis after taxes?
A Accountant earning the median salary of $66,220 in Memphis, TN takes home approximately $54,972 per year ($4,581/month) after federal, state, and local taxes. The effective tax rate is 17.0%.
Is Memphis a good city for Accountants?
Memphis, TN has a cost of living index of 86 (below national average). Accountants here earn above the city median. The local unemployment rate is 4.2% and top industries include Logistics, Healthcare, Manufacturing.
What skills are needed for a Accountant in Memphis?
Key skills for Accountants include GAAP, QuickBooks, Tax Preparation, Auditing, Excel. Typical education requirement is Bachelor's Degree. Valuable certifications include CPA, CMA, EA.
How does Accountant salary in Memphis compare to the national average?
The national median Accountant salary is $77,000. In Memphis, the adjusted salary is $66,220, which is 14.0% lower than the national average, reflecting the local cost of living.

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Frequently Asked Questions

What is the average Accountant salary in Memphis, TN?

The median Accountant salary in Memphis, TN is $66,220 per year as of 2026. This is adjusted for the local cost of living index of 86. Entry-level Accountants earn around $45,580, while senior-level professionals can earn $88,580 or more.

How much does a Accountant take home in Memphis after taxes?

A Accountant earning the median salary of $66,220 in Memphis, TN takes home approximately $54,972 per year ($4,581/month) after federal, state, and local taxes. The effective tax rate is 17.0%.

Is Memphis a good city for Accountants?

Memphis, TN has a cost of living index of 86 (below national average). Accountants here earn above the city median. The local unemployment rate is 4.2% and top industries include Logistics, Healthcare, Manufacturing.

What skills are needed for a Accountant in Memphis?

Key skills for Accountants include GAAP, QuickBooks, Tax Preparation, Auditing, Excel. Typical education requirement is Bachelor's Degree. Valuable certifications include CPA, CMA, EA.

How does Accountant salary in Memphis compare to the national average?

The national median Accountant salary is $77,000. In Memphis, the adjusted salary is $66,220, which is 14.0% lower than the national average, reflecting the local cost of living.