How much does a compensation make in Memphis?
$76,630a year
Median yearly pay for compensations in the Memphis, TN-MS-AR metro area. That is $36.84 an hour or $6,386 a month.
- Hourly
- $36.84
- Vs. national median
- -2%
- Rank among cities
- 80 of 233
- Jobs in the area
- 410
Pay range
Lowest 10%: $50,730Median: $76,630Highest 10%: $129,600
| Percentile | Yearly | Hourly | |
|---|---|---|---|
| 10th | $50,730 | $24.39 | |
| 25th | $61,200 | $29.42 | |
| Median | $76,630 | $36.84 | |
| 75th | $92,350 | $44.40 | |
| 90th | $129,600 | $62.29 |
Other cities in Tennessee
Median yearly pay for compensations.
| Knoxville, TN | $73,540 |
| Nashville, TN | $70,680 |
| Kingsport, TN | $67,830 |
| Chattanooga, TN | $57,220 |
Related jobs in Memphis
Same field, median yearly pay.
| Financial Examiner | $102,400 |
| Personal Financial Advisor | $100,100 |
| Management Analyst | $94,980 |
| Budget Analyst | $93,450 |
| Financial and Investment Analyst | $91,180 |
| Financial Risk Specialist | $88,910 |
| Project Management Specialist | $85,130 |
| Insurance Underwriter | $80,160 |
| Claims Adjuster | $78,850 |
| Accountant and Auditor | $76,960 |
Frequently asked questions
How much does a compensation make an hour in Memphis?
The median hourly pay in the Memphis, TN-MS-AR metro area is $36.84 ($76,630 a year).
Do compensations make more in Memphis than the national average?
No: $76,630 against $78,210 nationally, 2% less.
How does Memphis compare with the rest of Tennessee?
The median in Tennessee is $69,990, so Memphis pays 9% more.
Where does Memphis rank for compensation pay?
80 of 233 metro areas with data.
How much does a compensation make starting out in Memphis?
The lowest-paid 10% make $50,730 or less a year; the top 10% make $129,600 or more.
Source: U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics (OEWS): pay in May 2025, published by BLS in 2026. Hourly pay is the yearly figure divided by 2,080 hours.