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Management Consultant Salary in Memphis, Tennessee

The median management consultant salary in Memphis, TN is $85,493 per year, which is 14% below the national median and 3.4% below the Tennessee state average.

City Median
$85,493
vs State Avg
$-2,982
vs National
$-13,917
Cost of Living
86%

Management Consultant Salary in Memphis by Experience

In Memphis, an entry-level management consultant earns around $51,600, while experienced professionals earn up to $141,900 per year. The local cost of living index is 86% of the national average.

Entry Level (0-2 yrs)
$51,600
$-8,400 vs national
Mid Level (3-7 yrs)
$86,000
$-14,000 vs national
Senior Level (8+ yrs)
$141,900
$-23,100 vs national

Salary Percentiles in Memphis, TN

Percentile Memphis
10th Percentile $47,472
25th Percentile $62,608
Median (50th) $85,493
75th Percentile $117,820
90th Percentile $154,456

Management Consultant Salary in Other Tennessee Cities

How to Become a Management Consultant in Memphis

Education

Most management consultant positions require a bachelor's degree. Memphis and the surrounding Tennessee area have institutions offering relevant programs.

Key Skills

Strategic PlanningData AnalysisPresentationChange ManagementProcess ImprovementClient Management

Job Outlook

Nationally, management consultant 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 Management Consultant Jobs in Memphis

Browse open management consultant positions in Memphis, TN:

Frequently Asked Questions: Management Consultant Salary in Memphis

How much does a Management Consultant make in Memphis, TN?
The median management consultant salary in Memphis, Tennessee is $85,493 per year, which is 14% below the national median of $99,410. Salaries range from $47,472 (10th percentile) to $154,456 (90th percentile).
How much does a Management Consultant make per hour in Memphis?
Based on the median annual salary of $85,493, a management consultant in Memphis earns approximately $41 per hour assuming a standard 2,080-hour work year.
How does Memphis compare to the Tennessee state average for management consultant pay?
Memphis's median management consultant salary of $85,493 is 3.4% below the Tennessee state average of $88,475. The local cost of living index is 86% of the national average.
What is the cost of living in Memphis, TN?
Memphis has a cost of living index of 86% compared to the national average. This means a management consultant salary of $85,493 in Memphis has more purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a management consultant in Memphis?
Most management consultant positions in Memphis require a bachelor's degree. Key skills include Strategic Planning, Data Analysis, Presentation, Change Management. The job market is projected to grow 10% nationally over the next decade.