Risk Manager Salary in Memphis, TN: 2026
Risk 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 Risk Manager salary in Memphis, TN is $90,300 per year ($7,525/month, $43/hr). This modeled estimate scales Salario's national benchmark 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.
Risk Manager Take-Home Pay in Memphis
Tax Breakdown (Median Salary)
| Gross Annual | $90,300 |
| Federal Tax | -$11,036 |
| State Tax (0.0% eff.) | -$0 |
| FICA (SS + Medicare) | -$6,908 |
| Annual Take-Home | $72,356 |
| Monthly Take-Home | $6,030 |
Living Cost Comparison
Risk Manager Requirements
Key Skills
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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Risk Manager Salary in Nearby Tennessee Cities
Salary Percentile Breakdown: Risk Manager in Memphis
Based on Salario's cost-of-living-adjusted salary tiers for Risk Manager in Memphis, TN, here is an estimated percentile breakdown:
| Percentile | Annual Salary | Hourly Equivalent | Career Stage |
|---|---|---|---|
| 10th (lowest) | $61,920 | $30/hr | Entry-level, < 1 yr exp. |
| 25th | $76,110 | $37/hr | Junior, 1-3 yrs exp. |
| 50th (median) | $90,300 | $43/hr | Mid-career, 5-8 years |
| 75th | $127,280 | $61/hr | Senior, 5-10 yrs exp. |
| 90th (top) | $154,800 | $74/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 14.0% salary growth for Risk 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 Risk Manager can expect a 8.3% annual increase moving from entry to senior level over 9 years in Memphis. Negotiation, certifications (FRM, CRM), and changing employers strategically can accelerate this trajectory.
Memphis vs National Average
The national median Risk Manager salary is $105,000 (Salario estimate). In Memphis, the cost-of-living-adjusted median of $90,300 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 Risk Managers, this means: rent typically consumes 16.6% of take-home pay (households spending >30% are considered affordable), and a median home in Memphis costs about 2.3× 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 Risk 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 10.0% growth outlook for Risk 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 Risk 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. 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. Risk Manager salaries can vary significantly based on employer, sector (Logistics vs others in Memphis), specific skill set (Risk Assessment, Compliance, Insurance), and individual negotiation. Always verify current compensation through multiple sources before making career decisions.
Frequently Asked Questions
What is the average Risk Manager salary in Memphis, TN?
How much does a Risk Manager take home in Memphis after taxes?
Is Memphis a good city for Risk Managers?
What skills are needed for a Risk Manager in Memphis?
How does Risk Manager salary in Memphis compare to the national average?
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Frequently Asked Questions
What is the average Risk Manager salary in Memphis, TN?
Salario estimates the median Risk Manager salary in Memphis, TN at $90,300 per year for 2026. This is a modeled figure: Salario's national Risk 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 $61,920, and the senior estimate is $127,280 or more.
How much does a Risk Manager take home in Memphis after taxes?
A Risk Manager earning the median salary of $90,300 in Memphis, TN takes home approximately $72,356 per year ($6,030/month) after federal, state, and local taxes. The effective tax rate is 19.9%.
Is Memphis a good city for Risk Managers?
Memphis, TN has a cost of living index of 86 (below national average). Risk 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 Risk Manager in Memphis?
Key skills for Risk Managers include Risk Assessment, Compliance, Insurance, Financial Modeling, Regulatory Frameworks. Typical education requirement is Bachelor's/Master's. Valuable certifications include FRM, CRM.
How does Risk Manager salary in Memphis compare to the national average?
Salario's national median benchmark for Risk Manager is $105,000. In Memphis, the cost-of-living-adjusted estimate is $90,300, which is 14.0% lower than the national average, reflecting the local cost of living.