Business Analyst Salary in Memphis, Tennessee
The median business analyst salary in Memphis, TN is $79,980 per year, which is 14% below the national median and 3.4% below the Tennessee state average.
Business Analyst Pay in Memphis: What to Expect (2026)
Memphis offers a median business analyst salary of $79,980, which is $2,790 below the Tennessee state average of $82,770. Compared to the national median of $93,000, Memphis pays below the national benchmark for this role.
One of Memphis's biggest advantages is its low cost of living at 86% of the national average. This means the $79,980 salary stretches further here — equivalent to roughly $93,000 in an average-cost city. This makes Memphis an attractive option for business analysts seeking strong real-dollar compensation.
The salary range for business analysts in Memphis spans from $48,160 at the 10th percentile to $127,280 at the 90th percentile — a $79,120 spread. Entry-level professionals start around $51,600, while senior business analysts with 8+ years of experience can earn up to $120,400. As a major metro area with a population of 633,104, Memphis typically offers more job opportunities and employer competition, which can drive salaries higher.
Business Analyst Salary in Memphis by Experience
In Memphis, an entry-level business analyst earns around $51,600, while experienced professionals earn up to $120,400 per year. The local cost of living index is 86% of the national average.
Salary Percentiles in Memphis, TN
| Percentile | Memphis |
|---|---|
| 10th Percentile | $48,160 |
| 25th Percentile | $62,780 |
| Median (50th) | $79,980 |
| 75th Percentile | $103,200 |
| 90th Percentile | $127,280 |
Business Analyst Salary in Other Tennessee Cities
How to Become a Business Analyst in Memphis
Education
Most business analyst positions require a bachelor's degree. Memphis and the surrounding Tennessee area have institutions offering relevant programs.
Key Skills
Job Outlook
Nationally, business analyst employment is projected to grow 10% over the next decade (faster than average). Demand in Memphis may vary based on local industry and population growth.
Find Business Analyst Jobs in Memphis
Browse open business analyst positions in Memphis, TN: