SalariesByCity
Accountant · Salary Comparison · 2026

Accountant Salary: Memphis, TN vs Austin, TX

Side-by-side comparison of salary, taxes, cost of living, and take-home pay for Accountants in Memphis, TN and Austin, TX, based on BLS OEWS 2026 data.

1Which City Pays More After Tax?

Higher Gross Salary
Austin, TX
$55,000 vs $75,000
Better Purchasing Power
Memphis, TN
$66,265 vs $60,484
Best Take-Home (COL-Adj)
Memphis, TN
$61,229 vs $55,887
2

Detailed Comparison

MetricMemphis, TNAustin, TXDiff
Median Annual Salary$55,000$75,000-$20,000
25th Percentile$42,000$57,000-$15,000
75th Percentile$71,000$97,000-$26,000
90th Percentile$89,000$122,000-$33,000
Cost of Living Index83124-41
State Income Tax0%0%
COL-Adjusted Median$66,265$60,484+$5,781
Est. Annual Take-Home$50,820$69,300-$18,480
COL-Adj. Take-Home$61,229$55,887+$5,342
Total Employment6,00014,000-8,000
▲ = Higher value wins for this metric. Diff = Memphis, TN minus Austin, TX.

3Summary Analysis

On paper, Austin, TX pays $20,000 more (median: $55,000 vs $75,000). However, after adjusting for cost of living (index 83 vs 124), Memphis, TN provides better purchasing power ($66,265 vs $60,484 equivalent). Memphis, TN has no state income tax, which is a significant advantage.

Data: U.S. Bureau of Labor Statistics OEWS · 2026 · Cost-of-living indices from composite metro area data. Take-home estimates approximate only — consult a tax professional for accurate figures.