Business & Finance Memphis, TN Pop. 633,104

Project Manager Salary in Memphis, Tennessee

The median project manager salary in Memphis, TN is $82,018 per year, which is 14% below the national median and 3.4% below the Tennessee state average.

City Median
$82,018
vs State Avg
$-2,861
vs National
$-13,352
Cost of Living
86%

Project Manager Pay in Memphis: What to Expect (2026)

Memphis offers a median project manager salary of $82,018, which is $2,861 below the Tennessee state average of $84,879. Compared to the national median of $95,370, 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 $82,018 salary stretches further here — equivalent to roughly $95,370 in an average-cost city. This makes Memphis an attractive option for project managers seeking strong real-dollar compensation.

The salary range for project managers in Memphis spans from $48,332 at the 10th percentile to $136,826 at the 90th percentile — a $88,494 spread. Entry-level professionals start around $49,880, while senior project managers with 8+ years of experience can earn up to $124,700. 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.

Project Manager Salary in Memphis by Experience

In Memphis, an entry-level project manager earns around $49,880, while experienced professionals earn up to $124,700 per year. The local cost of living index is 86% of the national average.

Entry Level (0-2 yrs)
$49,880
$-8,120 vs national
Mid Level (3-7 yrs)
$82,560
$-13,440 vs national
Senior Level (8+ yrs)
$124,700
$-20,300 vs national

Salary Percentiles in Memphis, TN

Percentile Memphis
10th Percentile $48,332
25th Percentile $62,780
Median (50th) $82,018
75th Percentile $108,360
90th Percentile $136,826

Project Manager Salary in Other Tennessee Cities

How to Become a Project Manager in Memphis

Education

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

Key Skills

Agile/ScrumRisk ManagementBudgetingStakeholder CommunicationJIRA/AsanaPMP Certification

Job Outlook

Nationally, project manager employment is projected to grow 6% over the next decade (faster than average). Demand in Memphis may vary based on local industry and population growth.

Find Project Manager Jobs in Memphis

Browse open project manager positions in Memphis, TN:

Frequently Asked Questions: Project Manager Salary in Memphis

How much does a Project Manager make in Memphis, TN? ▼
The median project manager salary in Memphis, Tennessee is $82,018 per year, which is 14% below the national median of $95,370. Salaries range from $48,332 (10th percentile) to $136,826 (90th percentile).
How much does a Project Manager make per hour in Memphis? ▼
Based on the median annual salary of $82,018, a project manager in Memphis earns approximately $39 per hour assuming a standard 2,080-hour work year.
How does Memphis compare to the Tennessee state average for project manager pay? ▼
Memphis's median project manager salary of $82,018 is 3.4% below the Tennessee state average of $84,879. 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 project manager salary of $82,018 in Memphis has more purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a project manager in Memphis? ▼
Most project manager positions in Memphis require a bachelor's degree. Key skills include Agile/Scrum, Risk Management, Budgeting, Stakeholder Communication. The job market is projected to grow 6% nationally over the next decade.