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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.

City Median
$104,060
vs State Avg
$-3,630
vs National
$-16,940
Cost of Living
86%

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.

Entry Level (0-2 yrs)
$64,500
$-10,500 vs national
Mid Level (3-7 yrs)
$104,920
$-17,080 vs national
Senior Level (8+ yrs)
$150,500
$-24,500 vs national

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

Product StrategyAgile/ScrumData AnalysisStakeholder ManagementRoadmappingUser Research

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:

Frequently Asked Questions: Product Manager Salary in Memphis

How much does a Product Manager make in Memphis, TN?
The median product manager salary in Memphis, Tennessee is $104,060 per year, which is 14% below the national median of $121,000. Salaries range from $61,920 (10th percentile) to $165,120 (90th percentile).
How much does a Product Manager make per hour in Memphis?
Based on the median annual salary of $104,060, a product manager in Memphis earns approximately $50 per hour assuming a standard 2,080-hour work year.
How does Memphis compare to the Tennessee state average for product manager pay?
Memphis's median product manager salary of $104,060 is 3.4% below the Tennessee state average of $107,690. 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 product manager salary of $104,060 in Memphis has more purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a product manager in Memphis?
Most product manager positions in Memphis require a bachelor's degree. Key skills include Product Strategy, Agile/Scrum, Data Analysis, Stakeholder Management. The job market is projected to grow 10% nationally over the next decade.