Professor Salary in Memphis

2026 compensation data for Professor positions in Memphis, TN. Ranges from $55,000 (entry-level) to $154,000 (senior). Median: $88,000.

Median (Mid)

$88,000

$42.31/hr

vs National

-4%

US: $92,000

COL Index

88

vs US avg = 100

Senior Max

$154,000

Top of band

Salary Ranges by Experience Level

Entry-Level (0–2 years)$55,000$75,000
$55KMedian: $63,000$75K
Mid-Level (3–5 years)$72,000$106,000
$72KMedian: $88,000$106K
Senior (6+ years)$101,000$154,000
$101KMedian: $125,000$154K

Detailed Compensation Breakdown

LevelAnnual MinAnnual MedianAnnual MaxHourly (Median)
Entry-Level (0–2 yrs)$55,000$63,000$75,000$30.29/hr
Mid-Level (3–5 yrs)$72,000$88,000$106,000$42.31/hr
Senior (6+ yrs)$101,000$125,000$154,000$60.1/hr

What Your Salary Is Really Worth in Memphis

A mid-level professor earning $88,000 in Memphis has the same buying power as $100,000 in an average US city, after adjusting for the local cost of living (COL index 88).

Cost of living comparisons use a base of 100 (US national average). Higher index = higher housing, transport, and consumer prices.

About Professor Salaries in Memphis

The median professor salary in Memphis, TN is $88,000 for mid-level professionals, which is 4% below the national median. With a cost of living index of 88 (national average = 100), Memphis offers an affordable cost of living, making these salaries stretch further.

Entry-level professors in Memphis can expect to earn between $55,000 and $75,000 (about $30.29/hour), while senior professionals with 6+ years of experience earn up to $154,000 ($154K annually, or about $74.04/hour).

These figures represent base salary only and do not include bonuses, equity, or benefits, which can add 20–50% to total compensation — especially at technology companies and in competitive markets like Memphis.

Frequently Asked Questions: Professor Salary in Memphis

What is the average Professor salary in Memphis?+

The average Professor salary in Memphis is $88,000 for a mid-level professional (3–5 years of experience). Entry-level pay starts around $63,000 and senior-level pay reaches $125,000.

How much does an entry-level professor make in Memphis?+

Entry-level professors in Memphis earn between $55,000 and $75,000, with a median of $63,000 per year (about $30.29/hour).

What is the hourly rate for a Professor in Memphis?+

Based on a 2,080-hour work year, a Professor in Memphis earns roughly $30.29/hour at entry-level, $42.31/hour at mid-level, and $60.1/hour at senior-level.

Is the Professor salary in Memphis higher than the US average?+

Professor salaries in Memphis are about 4% below the US national median. The lower cost of living often makes take-home buying power competitive.

Does this include bonuses or equity?+

No — these figures are base salary only. Total compensation (base + bonus + equity + benefits) is typically 20–50% higher, and can be 2–3x at top technology and finance employers.

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