Tax Manager · Salary Comparison · 2026
Tax Manager Salary: Memphis, TN vs Austin, TX
Side-by-side comparison of salary, taxes, cost of living, and take-home pay for Tax Managers in Memphis, TN and Austin, TX, based on BLS OEWS 2026 data.
1Which City Pays More After Tax?
Higher Gross Salary
✓ Austin, TX
$76,000 vs $112,000
Better Purchasing Power
✓ Memphis, TN
$91,566 vs $90,323
Best Take-Home (COL-Adj)
✓ Memphis, TN
$84,607 vs $83,458
2
Detailed Comparison
| Metric | Memphis, TN | Austin, TX | Diff |
|---|---|---|---|
| Median Annual Salary | $76,000 | $112,000▲ | -$36,000 |
| 25th Percentile | $58,520 | $86,240▲ | -$27,720 |
| 75th Percentile | $97,280 | $143,360▲ | -$46,080 |
| 90th Percentile | $121,600 | $179,200▲ | -$57,600 |
| Cost of Living Index | 83 | 124 | -41 |
| State Income Tax | 0%▲ | 0% | — |
| COL-Adjusted Median | $91,566▲ | $90,323 | +$1,243 |
| Est. Annual Take-Home | $70,224 | $103,488▲ | -$33,264 |
| COL-Adj. Take-Home | $84,607▲ | $83,458 | +$1,149 |
| Total Employment | 6,400 | 30,400 | -24,000 |
▲ = Higher value wins for this metric. Diff = Memphis, TN minus Austin, TX.
3Summary Analysis
On paper, Austin, TX pays $36,000 more (median: $76,000 vs $112,000). However, after adjusting for cost of living (index 83 vs 124), Memphis, TN provides better purchasing power ($91,566 vs $90,323 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.