Portfolio Manager Salary in Memphis, TN: 2026
Portfolio Manager 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.
The estimated median Portfolio Manager salary in Memphis, TN is $143,250 per year ($11,938/month, $69/hr). This modeled estimate scales Salario's national benchmark (calibrated to the BLS OEWS May 2025 national median) by the local cost of living index of 86, which is 14% below the national average.
All four figures are Salario estimates (national benchmark scaled by Memphis's cost-of-living index); BLS does not publish a metro median for this title here.
Portfolio Manager Take-Home Pay in Memphis
Tax Breakdown (Median Salary)
| Gross Annual | $143,250 |
| Federal Tax | -$23,114 |
| State Tax (0.0% eff.) | -$0 |
| FICA (SS + Medicare) | -$10,959 |
| Annual Take-Home | $109,177 |
| Monthly Take-Home | $9,098 |
Living Cost Comparison
Portfolio Manager Requirements
Key Skills
Portfolio Manager salary search terms in Memphis
People comparing Portfolio Manager pay in Memphis, TN may use related job-title wording. Salario keeps the main estimate tied to the Portfolio Manager role, then treats the terms below as comparison phrases that should be checked for licensing, employer type, seniority, and role scope.
| Comparison point | How to use it |
|---|---|
| Primary local answer | $143,250 median salary, $93,826-$222,310 modeled range, and $109,177 estimated take-home pay in Memphis. |
| Title variants | investment portfolio manager, asset manager, wealth portfolio manager, fund manager comparison can point to similar searches, but some variants may represent a narrower specialty or a higher/lower seniority band. |
| Offer comparison | Compare base salary, hourly equivalent, take-home pay, certifications, local cost of living, and whether the job is employee, contractor, public-sector, commission-heavy, or management-level. |
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 24minutes. These local figures come from Salario's city dataset; verify current values with BLS Local Area Unemployment Statistics and Census QuickFacts.
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Portfolio Manager Salary in Nearby Tennessee Cities
Salary Percentile Breakdown: Portfolio Manager in Memphis
Based on Salario's cost-of-living-adjusted salary tiers for Portfolio Manager in Memphis, TN, here is an estimated percentile breakdown:
| Percentile | Annual Salary | Hourly Equivalent | Career Stage |
|---|---|---|---|
| 10th (lowest) | $93,826 | $45/hr | Entry-level, < 1 yr exp. |
| 25th | $118,538 | $57/hr | Junior, 1-3 yrs exp. |
| 50th (median) | $143,250 | $69/hr | Mid-career, 5-10 years |
| 75th | $222,310 | $107/hr | Senior, 5-10 yrs exp. |
| 90th (top) | $345,806 | $166/hr | Lead/Principal, 10+ yrs |
Percentiles are approximations, not measured local percentiles: P10, P50, P75, and P90 map to Salario's entry, median, senior, and top salary tiers scaled by the local cost-of-living index, and P25 is interpolated halfway between entry and median. Top earners (P90) typically include managers, specialists with rare skills, or those at high-paying employers in Memphis's Logistics sector.
5-Year Salary Trajectory
Salario's national dataset models approximately 25.0% salary growth for Portfolio Managers over the past 5 years. That national assumption is applied to the Memphis estimate below; it is not a measured local trend, and it should be compared with cumulative CPI inflation before treating it as a real-terms gain:
Year-over-year, an average Portfolio Manager can expect a 10.1% annual increase moving from entry to senior level over 9 years in Memphis. Negotiation, certifications (CFA, CAIA), and changing employers strategically can accelerate this trajectory.
Memphis vs National Average
The national median Portfolio Manager salary is $166,570 (BLS OEWS May 2025, Financial Managers). In Memphis, the cost-of-living-adjusted median of $143,250 is 14.0% below the national figure. This reflects Memphis's cost of living index of 86 (lower than the national average of 100).
For Portfolio Managers, this means: rent typically consumes 11.0% of take-home pay (households spending >30% are considered affordable), and a median home in Memphis costs about 1.6× annual take-home. Homeownership is relatively attainable on this salary in Memphis.
Industry Context: Logistics in Memphis
Memphis's economy is anchored by Logistics, Healthcare, Manufacturing, with 633,104 residents and an unemployment rate of 4.2% in Salario's city dataset. Pay for Portfolio Managers can differ by sector, so compare Logistics employers with other local employers. The local job growth rate in Salario's city dataset is 1.0%, and Salario's job dataset lists a 5.0% growth outlook for Portfolio Manager roles; check the BLS Occupational Outlook Handbook for the official 2024-2034 projection for the closest matching occupation.
Methodology & Data Sources
How we calculate Portfolio Manager salaries in Memphis, TN:
- Base salary model starts with Salario occupation data and public wage references, including BLS OEWS and O*NET when a direct or related occupational crosswalk is available (the national median is calibrated to the BLS OEWS May 2025 median for Financial Managers). For niche titles, we do not treat a broader SOC family as an exact job-title wage.
- Cost-of-living adjustment applied using the Memphis index of 86 relative to the national baseline of 100, with local rent, home price, unemployment, and tax inputs stored separately in Salario's city dataset.
- Percentile distribution (P10-P90) estimated from the entry, median, senior, and top compensation tiers in the Salario salary model rather than claimed as exact employer payroll data.
- Take-home pay calculated using 2026 federal tax brackets (10%-37%), TN 2026 state income tax brackets after the standard deduction (top rate 0.0%), and FICA (Social Security 6.2% + Medicare 1.45%).
- Tax brackets and standard deduction ($16,100 single filer for tax year 2026) sourced from IRS Revenue Procedure 2025-32 and updated annually.
Authoritative data sources:
- BLS Occupational Employment and Wage Statistics, national and metro-area salary data
- O*NET OnLine, occupation tasks, alternate job titles, skills, and SOC crosswalks
- BLS Occupational Outlook Handbook, occupation outlook where a matching profile is available
- BLS Consumer Price Index (CPI-U), regional inflation data (CPI measures price changes, not city-to-city price levels)
- U.S. Census Bureau, Memphis QuickFacts, population and demographic data
- IRS Revenue Procedure 2025-32 summary, 2026 federal tax brackets and standard deductions
- BLS Local Area Unemployment Statistics, official local unemployment rates to verify the Memphis figure above
Last reviewed: 2026. Salario's salary dataset is refreshed periodically, not automatically; check the linked BLS releases for the latest official data. Portfolio Manager salaries can vary significantly based on employer, sector (Logistics vs others in Memphis), specific skill set (Portfolio Construction, Risk Management, Asset Allocation), and individual negotiation. Always verify current compensation through multiple sources before making career decisions.
Frequently Asked Questions
What is the average Portfolio Manager salary in Memphis, TN?
How much does a Portfolio Manager take home in Memphis after taxes?
Is Memphis a good city for Portfolio Managers?
What skills are needed for a Portfolio Manager in Memphis?
How does Portfolio Manager salary in Memphis compare to the national average?
What job titles are similar to Portfolio Manager in Memphis?
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Frequently Asked Questions
What is the average Portfolio Manager salary in Memphis, TN?
Salario estimates the median Portfolio Manager salary in Memphis, TN at $143,250 per year for 2026. This is a modeled figure: Salario's national Portfolio Manager benchmark scaled by the local cost of living index of 86, not a measured local wage survey. The modeled entry-level estimate is around $93,826, and the senior estimate is $222,310 or more.
How much does a Portfolio Manager take home in Memphis after taxes?
A Portfolio Manager earning the median salary of $143,250 in Memphis, TN takes home approximately $109,177 per year ($9,098/month) after federal, state, and local taxes. The effective tax rate is 23.8%.
Is Memphis a good city for Portfolio Managers?
Memphis, TN has a cost of living index of 86 (below national average). Portfolio Managers 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 Portfolio Manager in Memphis?
Key skills for Portfolio Managers include Portfolio Construction, Risk Management, Asset Allocation, Financial Analysis, Bloomberg. Typical education requirement is Bachelor's/MBA. Valuable certifications include CFA, CAIA.
How does Portfolio Manager salary in Memphis compare to the national average?
Salario's national median benchmark for Portfolio Manager is $166,570 (calibrated to the BLS OEWS May 2025 national median). In Memphis, the cost-of-living-adjusted estimate is $143,250, which is 14.0% lower than the national average, reflecting the local cost of living.
What job titles are similar to Portfolio Manager in Memphis?
Related search terms for Portfolio Manager in Memphis, TN include investment portfolio manager, asset manager, wealth portfolio manager, fund manager comparison. Use them as comparison terms, not always exact matches: licensing, employer type, seniority, public-sector rules, and whether the role is W-2, contractor, clinical, technical, management, or sales-focused can change the salary range.