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Risk Analyst Salary in Memphis, TN

Risk Analyst 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.

Risk Analyst Salary in Memphis, TN — 2026

The median Risk Analyst salary in Memphis, TN is $76,540 per year ($6,378/month, $37/hr). This reflects the local cost of living index of 86, which is 14% below the national average.

Entry Level
$51K
$24/hr
Median
$77K
$37/hr
Senior
$107K
$51/hr
Top Earner
$132K
$64/hr

Risk Analyst Take-Home Pay in Memphis

Tax Breakdown (Median Salary)

Gross Annual$76,540
Federal Tax-$8,453
State Tax (0.0%)-$0
FICA (SS + Medicare)-$5,855
Annual Take-Home$62,232
Monthly Take-Home$5,186

Living Cost Comparison

Median Rent$1,000/mo
Rent-to-Income Ratio15.7%
Median Home Price$170,000
Cost of Living Index86
City Median Salary$52,000
Risk Analyst vs City Median+$24,540

Risk Analyst Requirements

Education
Bachelor's Degree
Experience
2-4 years
Job Growth
17.0% (2024-2034)

Key Skills

Risk ModelingVaR AnalysisPythonSQLRegulatory Compliance

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 Risk Analyst salary in Memphis, TN?
The median Risk Analyst salary in Memphis, TN is $76,540 per year as of 2026. This is adjusted for the local cost of living index of 86. Entry-level Risk Analysts earn around $50,740, while senior-level professionals can earn $106,640 or more.
How much does a Risk Analyst take home in Memphis after taxes?
A Risk Analyst earning the median salary of $76,540 in Memphis, TN takes home approximately $62,232 per year ($5,186/month) after federal, state, and local taxes. The effective tax rate is 18.7%.
Is Memphis a good city for Risk Analysts?
Memphis, TN has a cost of living index of 86 (below national average). Risk Analysts 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 Risk Analyst in Memphis?
Key skills for Risk Analysts include Risk Modeling, VaR Analysis, Python, SQL, Regulatory Compliance. Typical education requirement is Bachelor's Degree. Valuable certifications include FRM, PRM, CFA.
How does Risk Analyst salary in Memphis compare to the national average?
The national median Risk Analyst salary is $89,000. In Memphis, the adjusted salary is $76,540, 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 Risk Analyst salary in Memphis, TN?

The median Risk Analyst salary in Memphis, TN is $76,540 per year as of 2026. This is adjusted for the local cost of living index of 86. Entry-level Risk Analysts earn around $50,740, while senior-level professionals can earn $106,640 or more.

How much does a Risk Analyst take home in Memphis after taxes?

A Risk Analyst earning the median salary of $76,540 in Memphis, TN takes home approximately $62,232 per year ($5,186/month) after federal, state, and local taxes. The effective tax rate is 18.7%.

Is Memphis a good city for Risk Analysts?

Memphis, TN has a cost of living index of 86 (below national average). Risk Analysts 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 Risk Analyst in Memphis?

Key skills for Risk Analysts include Risk Modeling, VaR Analysis, Python, SQL, Regulatory Compliance. Typical education requirement is Bachelor's Degree. Valuable certifications include FRM, PRM, CFA.

How does Risk Analyst salary in Memphis compare to the national average?

The national median Risk Analyst salary is $89,000. In Memphis, the adjusted salary is $76,540, which is 14.0% lower than the national average, reflecting the local cost of living.