Product Manager Salary in Memphis, Tennessee
The median product manager salary in Memphis, TN is $104,060 per year, which is 14% below the national median and 3.4% below the Tennessee state average.
Product Manager Pay in Memphis: What to Expect (2026)
Memphis offers a median product manager salary of $104,060, which is $3,630 below the Tennessee state average of $107,690. Compared to the national median of $121,000, 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 $104,060 salary stretches further here — equivalent to roughly $121,000 in an average-cost city. This makes Memphis an attractive option for product managers seeking strong real-dollar compensation.
The salary range for product managers in Memphis spans from $61,920 at the 10th percentile to $165,120 at the 90th percentile — a $103,200 spread. Entry-level professionals start around $64,500, while senior product managers with 8+ years of experience can earn up to $150,500. 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.
Product Manager Salary in Memphis by Experience
In Memphis, an entry-level product manager earns around $64,500, while experienced professionals earn up to $150,500 per year. The local cost of living index is 86% of the national average.
Salary Percentiles in Memphis, TN
| Percentile | Memphis |
|---|---|
| 10th Percentile | $61,920 |
| 25th Percentile | $81,700 |
| Median (50th) | $104,060 |
| 75th Percentile | $133,300 |
| 90th Percentile | $165,120 |
Product Manager Salary in Other Tennessee Cities
How to Become a Product Manager in Memphis
Education
Most product manager positions require a bachelor's degree. Memphis and the surrounding Tennessee area have institutions offering relevant programs.
Key Skills
Job Outlook
Nationally, product manager 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 Product Manager Jobs in Memphis
Browse open product manager positions in Memphis, TN: