Tax Manager · Salary Comparison · 2026
Tax Manager Salary: Memphis, TN vs New York, NY
Side-by-side comparison of salary, taxes, cost of living, and take-home pay for Tax Managers in Memphis, TN and New York, NY, based on BLS OEWS 2026 data.
1Which City Pays More After Tax?
Higher Gross Salary
✓ New York, NY
$76,000 vs $134,000
Better Purchasing Power
✓ Memphis, TN
$91,566 vs $71,658
Best Take-Home (COL-Adj)
✓ Memphis, TN
$84,607 vs $61,676
2
Detailed Comparison
| Metric | Memphis, TN | New York, NY | Diff |
|---|---|---|---|
| Median Annual Salary | $76,000 | $134,000▲ | -$58,000 |
| 25th Percentile | $58,520 | $103,180▲ | -$44,660 |
| 75th Percentile | $97,280 | $171,520▲ | -$74,240 |
| 90th Percentile | $121,600 | $214,400▲ | -$92,800 |
| Cost of Living Index | 83 | 187 | -104 |
| State Income Tax | 0%▲ | 6.85% | -6.85% |
| COL-Adjusted Median | $91,566▲ | $71,658 | +$19,908 |
| Est. Annual Take-Home | $70,224 | $115,335▲ | -$45,111 |
| COL-Adj. Take-Home | $84,607▲ | $61,676 | +$22,931 |
| Total Employment | 6,400 | 54,400 | -48,000 |
▲ = Higher value wins for this metric. Diff = Memphis, TN minus New York, NY.
3Summary Analysis
On paper, New York, NY pays $58,000 more (median: $76,000 vs $134,000). However, after adjusting for cost of living (index 83 vs 187), Memphis, TN provides better purchasing power ($91,566 vs $71,658 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.