Financial Manager Salary in Memphis, TN
Financial Managers in the Memphis, TN-MS-AR metro area earn a median $143,880 a year — 14% less than the national median. After 2026 taxes, that is $109,608 take-home, or $9,134 a month.
Take-home pay calculator
Pre-filled with the median financial manager salary in Memphis, TN. Enter your own offer to see your paycheck.
- Federal income tax$23,265
- Social Security (6.2%)$8,921
- Medicare (1.45%)$2,086
- Tennessee income tax$0
- Take-home pay$109,608
Marginal rate: 24% federal + 0.00% state
The Memphis, TN-MS-AR metro spans Tennessee, Mississippi, Arkansas. Pick the state you live in — state income tax follows your residence.
Got an offer somewhere else? Compare it with this one after taxes and rent →
Financial Manager pay by experience in Memphis, TN
| Percentile | Salary | Hourly | Take-home / yr | Per month |
|---|---|---|---|---|
| 10th percentile (entry level) | $80,110 | $38.51 | $65,187 | $5,432 |
| 25th percentile | $109,380 | $52.59 | $85,779 | $7,148 |
| Median (50th) | $143,880 | $69.17 | $109,608 | $9,134 |
| 75th percentile | $201,890 | $97.06 | $150,319 | $12,527 |
| 90th percentile (top earners) | $273,740+ | $131.61 | $198,725 | $16,560 |
Wages: BLS Occupational Employment and Wage Statistics, May 2025. Take-home: single filer, Tennessee resident, 2026 tax rules.
What $143,880 buys in Memphis, TN
Prices in Memphis, TN are 7.8% lower than the U.S. average (housing costs are 20% below the national average). Adjusted for local prices, a median financial manager's $109,608 take-home pay has the buying power of $118,908 in a typical American city.
Rents: HUD Fair Market Rents, FY2026 (40th-percentile gross rent incl. utilities). Price levels: BEA Regional Price Parities, 2024.
Financial Manager jobs are about as common in Memphis, TN as in the U.S. overall (location quotient 0.83).
Best-paying cities for financial managers, adjusted for cost of living
Memphis, TN ranks #23 of 55 metro areas once taxes and local prices are taken into account.
| # | Metro area | Median salary | Take-home | Real value* |
|---|---|---|---|---|
| 1 | Bridgeport, CT | $211,000 | $146,519 | $137,107 |
| 2 | New York, NY | $221,010 | $152,151 | $135,169 |
| 3 | Boston, MA | $209,780 | $145,861 | $134,725 |
| 4 | San Jose, CA | $225,280 | $147,303 | $133,399 |
| 5 | Denver, CO | $193,400 | $136,206 | $128,761 |
| 6 | Austin, TX | $167,180 | $125,534 | $128,009 |
| 7 | Houston, TX | $166,910 | $125,349 | $127,091 |
| 8 | Charlotte, NC | $172,760 | $122,963 | $126,313 |
| 23 | Memphis, TN | $143,880 | $109,608 | $118,908 |
*Take-home pay divided by the BEA price level, so every city is measured in U.S.-average dollars. See all 55 metros →
About the job: financial managers
Plan, direct, or coordinate accounting, investing, banking, insurance, securities, and other financial activities of a branch, office, or department of an establishment.
- Typical education
- Bachelor's degree
- Work experience
- 5 years or more
- On-the-job training
- None
- Job outlook, 2025–35
- +9.7% (much faster than average)
Source: BLS Standard Occupational Classification and Employment Projections, 2025–35.
Financial Manager salaries elsewhere in Tennessee
- Nashville, TN — $156,860
Frequently asked questions
How much does a financial manager make in Memphis, TN?
The median financial manager salary in the Memphis, TN-MS-AR metro area is $143,880 a year, or about $69.17 an hour, according to the Bureau of Labor Statistics (May 2025). The middle half earn between $109,380 and $201,890.
What is a financial manager’s take-home pay in Memphis, TN?
On the median $143,880 salary, a single filer living in Tennessee takes home about $109,608 a year ($9,134 a month) after federal tax, Social Security, Medicare in 2026.
Is Memphis, TN a good place to work as a financial manager?
Pay here is 14% below the national median of $166,570. Local prices are 7.8% below the U.S. average, so the take-home pay buys what $118,908 would in a typical U.S. city. Memphis, TN ranks #23 of 55 metro areas for cost-of-living-adjusted pay in this job.
Can a financial manager afford rent in Memphis, TN?
HUD’s fair market rent for a one-bedroom in Memphis, TN is $1,137 a month ($1,263 for two bedrooms) — 12% of a median financial manager’s monthly take-home pay. Financial planners usually suggest keeping rent under about 30%.
Related jobs in Memphis, TN
- Managers, All Other — $104,050
- General and Operations Manager — $102,510