Project Manager Salary in Memphis
2026 compensation data for Project Manager positions in Memphis, TN. Ranges from $48,000 (entry-level) to $132,000 (senior). Median: $81,000.
Median (Mid)
$81,000
$38.94/hr
vs National
-4%
US: $84,000
COL Index
88
vs US avg = 100
Senior Max
$132,000
Top of band
Salary Ranges by Experience Level
Detailed Compensation Breakdown
| Level | Annual Min | Annual Median | Annual Max | Hourly (Median) |
|---|---|---|---|---|
| Entry-Level (0–2 yrs) | $48,000 | $58,000 | $70,000 | $27.88/hr |
| Mid-Level (3–5 yrs) | $66,000 | $81,000 | $97,000 | $38.94/hr |
| Senior (6+ yrs) | $92,000 | $111,000 | $132,000 | $53.37/hr |
What Your Salary Is Really Worth in Memphis
A mid-level project manager earning $81,000 in Memphis has the same buying power as $92,000 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 Project Manager Salaries in Memphis
The median project manager salary in Memphis, TN is $81,000 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 project managers in Memphis can expect to earn between $48,000 and $70,000 (about $27.88/hour), while senior professionals with 6+ years of experience earn up to $132,000 ($132K annually, or about $63.46/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: Project Manager Salary in Memphis
What is the average Project Manager salary in Memphis?+
The average Project Manager salary in Memphis is $81,000 for a mid-level professional (3–5 years of experience). Entry-level pay starts around $58,000 and senior-level pay reaches $111,000.
How much does an entry-level project manager make in Memphis?+
Entry-level project managers in Memphis earn between $48,000 and $70,000, with a median of $58,000 per year (about $27.88/hour).
What is the hourly rate for a Project Manager in Memphis?+
Based on a 2,080-hour work year, a Project Manager in Memphis earns roughly $27.88/hour at entry-level, $38.94/hour at mid-level, and $53.37/hour at senior-level.
Is the Project Manager salary in Memphis higher than the US average?+
Project Manager 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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