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Project Manager Salary in Memphis, TN — 2026

Project 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 median Project Manager salary in Memphis, TN is $82,018 per year ($6,835/month, $39/hr). This reflects the local cost of living index of 86, which is 14% below the national average.

Also known as: Project Lead, Program Manager, Project Coordinator. Salary data on this page applies to all of these job titles in Memphis, TN.

Entry Level
$47K
$23/hr
Median
$82K
$39/hr
Senior
$120K
$58/hr
Top Earner
$157K
$75/hr

Project Manager Take-Home Pay in Memphis

Tax Breakdown (Median Salary)

Gross Annual$82,018
Federal Tax-$9,214
State Tax (0.0%)-$0
FICA (SS + Medicare)-$6,274
Annual Take-Home$66,530
Monthly Take-Home$5,544

Living Cost Comparison

Median Rent$1,000/mo
Rent-to-Income Ratio14.6%
Median Home Price$170,000
Cost of Living Index86
City Median Salary$52,000
Project Manager vs City Median+$30,018

Project Manager Requirements

Education
Bachelor's degree
Experience
2-5 years
Job Growth
5.0% (2024-2034)

Key Skills

CommunicationProblem solvingTeamwork

Project Manager salary search terms in Memphis

People comparing Project Manager pay in Memphis, TN may use related job-title wording. Salario keeps the main estimate tied to the Project Manager role, then treats the terms below as comparison phrases that should be checked for licensing, employer type, seniority, and role scope.

Project LeadProgram ManagerProject Coordinator
Comparison pointHow to use it
Primary local answer$82,018 median salary, $47,300-$120,400 modeled range, and $66,530 estimated take-home pay in Memphis.
Title variantsProject Lead, Program Manager, Project Coordinator can point to similar searches, but some variants may represent a narrower specialty or a higher/lower seniority band.
Offer comparisonCompare 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 24 minutes.

Related Business Salaries in Memphis

Project Manager Salary in Nearby Tennessee Cities

Salary Percentile Breakdown — Project Manager in Memphis

Based on the cost-of-living-adjusted distribution for Project Manager in Memphis, TN, here's how earnings break down across the workforce:

PercentileAnnual SalaryHourly EquivalentCareer Stage
10th (lowest)$47,300$23/hrEntry-level, < 1 yr exp.
25th$64,659$31/hrJunior, 1-3 yrs exp.
50th (median)$82,018$39/hrMid-career, 2-5 years
75th$120,400$58/hrSenior, 5-10 yrs exp.
90th (top)$156,520$75/hrLead/Principal, 10+ yrs

Percentiles estimated using a log-normal salary distribution model calibrated to Project Manager compensation data. 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

Project Manager salaries in Memphis have grown approximately 15.0% over the past 5 years, outpacing local CPI inflation in many cases. Here's the historical and projected trajectory:

5 Years Ago
$71,320
Adjusted for Memphis COL
Today (2026)
$82,018
+15.0% vs 5y ago
Projected 2031
$94,321
If growth continues

Year-over-year, an average Project Manager can expect a 16.8% annual increase moving from entry to senior level over 6 years in Memphis. Negotiation, certifications (industry-specific credentials), and changing employers strategically can accelerate this trajectory.

Memphis vs National Average

The national median Project Manager salary is $95,370. In Memphis, the cost-of-living-adjusted median of $82,018 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 Project Managers, this means: rent typically consumes 18.0% of take-home pay (households spending >30% are considered affordable), and a median home in Memphis costs about 2.6× 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 4.2% unemployment as of 2026. Project Managers working in the Logistics sector typically earn at or above the local median due to industry-specific demand. The state's overall job growth rate is 1.0%, and Project Manager occupations specifically are projected to grow 5.0% nationally through 2034 (BLS Occupational Outlook Handbook).

Methodology & Data Sources

How we calculate Project Manager salaries in Memphis, TN:

  1. 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. For niche titles, we do not treat a broader SOC family as an exact job-title wage.
  2. 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 checked separately.
  3. 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.
  4. Take-home pay calculated using 2026 federal tax brackets (10%-37%), TN state income tax of 0.0%, and FICA (Social Security 6.2% + Medicare 1.45%).
  5. 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:

Last reviewed: 2026. Salary data updated annually as new BLS releases become available. Project Manager salaries can vary significantly based on employer, sector (Logistics vs others in Memphis), specific skill set (Communication, Problem solving, Teamwork), and individual negotiation. Always verify current compensation through multiple sources before making career decisions.

Frequently Asked Questions

What is the average Project Manager salary in Memphis, TN?
The median Project Manager salary in Memphis, TN is $82,018 per year as of 2026. This is adjusted for the local cost of living index of 86. Entry-level Project Managers earn around $47,300, while senior-level professionals can earn $120,400 or more.
How much does a Project Manager take home in Memphis after taxes?
A Project Manager earning the median salary of $82,018 in Memphis, TN takes home approximately $66,530 per year ($5,544/month) after federal, state, and local taxes. The effective tax rate is 18.9%.
Is Memphis a good city for Project Managers?
Memphis, TN has a cost of living index of 86 (below national average). Project 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 Project Manager in Memphis?
Key skills for Project Managers include Communication, Problem solving, Teamwork. Typical education requirement is Bachelor's degree.
How does Project Manager salary in Memphis compare to the national average?
The national median Project Manager salary is $95,370. In Memphis, the adjusted salary is $82,018, which is 14.0% lower than the national average, reflecting the local cost of living.
What job titles are similar to Project Manager in Memphis?
Related search terms for Project Manager in Memphis, TN include Project Lead, Program Manager, Project Coordinator. 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.

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Frequently Asked Questions

What is the average Project Manager salary in Memphis, TN?

The median Project Manager salary in Memphis, TN is $82,018 per year as of 2026. This is adjusted for the local cost of living index of 86. Entry-level Project Managers earn around $47,300, while senior-level professionals can earn $120,400 or more.

How much does a Project Manager take home in Memphis after taxes?

A Project Manager earning the median salary of $82,018 in Memphis, TN takes home approximately $66,530 per year ($5,544/month) after federal, state, and local taxes. The effective tax rate is 18.9%.

Is Memphis a good city for Project Managers?

Memphis, TN has a cost of living index of 86 (below national average). Project 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 Project Manager in Memphis?

Key skills for Project Managers include Communication, Problem solving, Teamwork. Typical education requirement is Bachelor's degree.

How does Project Manager salary in Memphis compare to the national average?

The national median Project Manager salary is $95,370. In Memphis, the adjusted salary is $82,018, which is 14.0% lower than the national average, reflecting the local cost of living.

What job titles are similar to Project Manager in Memphis?

Related search terms for Project Manager in Memphis, TN include Project Lead, Program Manager, Project Coordinator. 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.