SalariesByCity
BLS SOC 13-2082 · Tennessee · Updated 2026

Tax Manager Salary in Memphis, TN

Tax Managers in Memphis, TN earn a median of $76,000/year, ranging from $58,520 (25th percentile) to $121,600 (90th percentile). After Tennessee state taxes (0%) and cost-of-living adjustments (COL index 83), this is equivalent to $91,566 in purchasing power vs the US average.

Median Annual
$76,000
BLS median
Entry Level (P25)
$58,520
25th percentile
Senior (P75)
$97,280
75th percentile
Top Earners (P90)
$121,600
90th percentile

1Salary Distribution in Memphis, TN

P25
P75
P25
$58,520
Median
$76,000
P75
$97,280
P90
$121,600

2Estimated Take-Home & Purchasing Power

Gross Median Salary
$76,000
Before taxes
Est. Take-Home (After Tax)
$70,224
After 0% state + ~7.6% FICA
COL-Adjusted Purchasing Power
$84,607
vs US average (COL index: 83)

* Estimates only. Does not include federal income tax, 401k, health insurance, or local taxes. Use the Salary Calculator for a detailed breakdown.

3

How Does Memphis, TN Compare?

Nearby and similar metro areas
CityMedianCOL IndexCOL-Adjusted
Memphis, TN (current)$76,00083$91,566
Nashville, TN$94,000110$85,455
San Francisco, CA$140,000186$75,269
New York, NY$134,000187$71,658
Seattle, WA$136,000162$83,951
Boston, MA$124,000162$76,543

4Frequently Asked Questions

What is the average Tax Manager salary in Memphis, TN?

The median Tax Manager salary in Memphis, TN is $76,000 per year as of 2026 BLS OEWS data. The 25th percentile is $58,520 and the 90th percentile is $121,600.

Is Memphis, TN a good place to work as a Tax Manager?

Memphis, TN has a cost of living index of 83 (US average = 100). After adjusting for cost of living, a $76,000 Tax Manager salary in Memphis, TN is equivalent to $91,566 in purchasing power compared to the US average.

What is the cost of living adjustment for Memphis, TN?

Memphis, TN has a cost of living index of 83, meaning it is 17% less expensive than the US average. The state income tax rate in Tennessee is approximately 0%.

What is the Tax Manager salary range in Memphis, TN?

In Memphis, TN, Tax Managers earn between $58,520 (25th percentile) and $121,600 (90th percentile), with a median of $76,000 per year.

How many Tax Manager jobs are there in Memphis, TN?

According to BLS OEWS data, there are approximately 6,400 Tax Manager positions in the Memphis, TN metropolitan area.

What do Tax Managers earn in Memphis, TN?

Based on BLS OEWS 2026 data, Tax Managers in Memphis, TN earn a median annual wage of $76,000. The middle 50% earn between $58,520 and $97,280. The top 10% earn more than $121,600. There are approximately 6,400 Tax Managers employed in the Memphis, TN metro area, with annual job growth estimated at 3%.

Is Memphis, TN a good place for a Tax Manager?

Memphis, TN has a cost of living index of 83 (US average = 100), making it 17% less expensive than the national average. After adjusting for cost of living, a Tax Manager in Memphis, TN earning $76,000has the equivalent purchasing power of $91,566 relative to the US median. Tennessee has no state income tax, which is a significant financial advantage.

What is the cost of living adjustment for Memphis, TN?

Memphis, TN's cost of living index is 83, based on composite data including housing, food, transportation, healthcare, and utilities. This means that $76,000 in Memphis, TNhas the same purchasing power as $91,566 in a city at exactly the US average cost of living. Housing is typically the largest driver of cost of living differences between metros.

Compare Memphis, TN with Another City

See a detailed side-by-side comparison of salary, taxes, and purchasing power.

Data source: U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics (OEWS) Program. All figures are approximate annual estimates based on the most recent available BLS data. Actual salaries may vary based on experience, education, employer size, and specific role. Cost-of-living data represents composite indices from publicly available metropolitan area data.