Median Salary
$98,970
Vs National Avg
Hourly Wage
$47.58
Dollars / Hr
Workforce
1.2k
Total Jobs
Growth
+6%
10-Year Outlook
The Memphis Project Manager Career Guide
As a Memphian who's watched this city’s business landscape evolve from the remnants of the "Motor City" to its current identity as a logistics and healthcare hub, I can tell you that moving here as a Project Manager isn't about chasing a "vibrant startup scene." It’s about stepping into a market with deep roots, stable demand, and a cost of living that allows you to actually enjoy your life. Memphis is a blue-collar city with white-collar opportunities—if you know where to look.
This guide is for the PM who values substance over hype. We’re going beyond the Beale Street brochure and into the boardrooms of FedEx’s headquarters, the project war rooms at Methodist Le Bonheur, and the construction sites transforming the South Main Historic District.
The Salary Picture: Where Memphis Stands
Let’s get straight to the numbers. The median salary for a Project Manager in the Memphis metro area is $98,970/year, which breaks down to an hourly rate of $47.58/hour. This is slightly below the national average for the role, which sits at $101,280/year. However, this gap is almost entirely erased when you factor in Memphis's low cost of living. Your paycheck goes significantly further here than it would in Chicago or Atlanta.
Experience is the primary driver of compensation in Memphis. While the city doesn't have the premium tech-firm salaries, established local industries like logistics and healthcare pay competitively for seasoned professionals.
Here’s how salary typically progresses based on experience in our market:
| Experience Level | Years of Experience | Memphis Median Salary Range | Key Industries for this Level |
|---|---|---|---|
| Entry-Level | 0-2 years | $65,000 - $78,000 | Construction, small manufacturing, local government |
| Mid-Level | 3-7 years | $85,000 - $105,000 | Logistics, healthcare, large construction firms |
| Senior-Level | 8-15 years | $110,000 - $135,000 | Major corporate HQs (FedEx, AutoZone), regional hospitals |
| Expert/Program Manager | 15+ years | $140,000+ | Enterprise-level transformations, major capital projects |
How does Memphis stack up against other Tennessee cities?
- Nashville: Higher salaries (median ~$105,000) but a significantly higher cost of living. The market is crowded with competition from the music and tech sectors.
- Knoxville: Lower salaries (median ~$92,000). A smaller, more insular market dominated by the University of Tennessee and Oak Ridge National Lab.
- Chattanooga: Similar to Knoxville, with a median around $94,000. A growing tech scene hasn't yet pushed PM salaries to match the larger metros.
Insider Tip: Don't just look at the base. Memphis companies, especially in logistics and healthcare, often offer strong annual bonuses (5-15% of base) and robust 401(k) matches (4-6%). Factor this in when comparing offers.
📊 Compensation Analysis
📈 Earning Potential
Wage War Room
Real purchasing power breakdown
Select a city above to see who really wins the salary war.
The Real Take-Home: After Taxes and Rent
Here’s the reality of living on a Project Manager’s salary in Memphis. With a median salary of $98,970, your monthly take-home pay after taxes (assuming single filer, no dependents, standard deduction) will be roughly $6,100. Compared to the national average salary of $101,280, your purchasing power in Memphis is effectively higher.
Monthly Budget Breakdown for a Memphis Project Manager:
| Category | Estimated Monthly Cost | Notes & Local Context |
|---|---|---|
| Take-Home Pay | $6,100 | After federal, state, and FICA taxes. |
| Rent (1BR Apartment) | $1,146 | This is the metro average. A nice 1BR in a desirable area can run $1,300-$1,500. |
| Utilities (Avg.) | $180 | Includes electricity, gas, water, and internet. High in summer due to AC. |
| Car Payment/Insurance | $600 | Memphis is car-dependent. Insurance rates are higher than average due to weather and traffic. |
| Groceries | $400 | Memphis has excellent local grocers like Fresh Market and Kroger. |
| Dining/Entertainment | $300 | From BBQ to the Orpheum Theatre, there's plenty to do. |
| Health Insurance | $250 | Pre-tax, varies by employer. |
| Savings/Discretionary | $2,224 | A healthy surplus for savings, debt, or lifestyle. |
Can they afford to buy a home?
Absolutely. With a $98,970 salary and a solid savings rate, home ownership is very attainable. The median home price in the Memphis metro is around $240,000. With a 20% down payment ($48,000), your monthly mortgage (with taxes & insurance) would be approximately $1,500-$1,600. This is often comparable to renting a nice 2BR apartment. Neighborhoods like Cooper-Young or Bartlett offer excellent value. The low cost of living index of 92.4 (US avg = 100) makes this possible.
💰 Monthly Budget
📋 Snapshot
Where the Jobs Are: Memphis's Major Employers
Memphis’s economy is a trifecta: Logistics, Healthcare, and Agriculture. Project Managers are the glue holding these massive, complex operations together. The job market is stable, with 1,237 Project Manager jobs currently in the metro area and a 10-year job growth of 6%. This isn't explosive growth, but it's consistent and resilient.
Here are the key employers you need to know:
- FedEx Corporation: The 800-pound gorilla. HQ in Collierville. They have a constant need for PMs in IT, logistics network optimization, and facility expansion. Hiring is steady, but the interview process is rigorous. They look for PMP-certified candidates with process-oriented experience.
- AutoZone: Another Memphis-based Fortune 500. Their HQ is downtown. Projects here focus on supply chain, retail systems, and data analytics. They value PMs who can manage cross-functional teams between IT and retail operations.
- Methodist Le Bonheur Healthcare: The largest healthcare provider in the region. They are constantly managing capital projects for new clinics, hospital expansions (like the new women's hospital), and IT system implementations (EPIC). A PM with healthcare experience is golden here.
- International Paper: Headquartered in downtown Memphis. Their projects are in manufacturing, sustainability, and global supply chain. They look for PMs with a background in industrial engineering or operations.
- Memphis-Shelby County Schools: A major public sector employer. Projects range from building renovations to implementing new curriculum technology. The pace is slower than corporate, but the benefits are excellent. Requires patience with bureaucracy.
- Baptist Health System: Another major player in healthcare. They often subcontract with large construction and IT firms, creating opportunities for PMs in the vendor ecosystem.
- St. Jude Children's Research Hospital: A world-renowned research facility. Their projects are often grant-funded and highly specialized. They seek PMs with exceptional organization and the ability to manage complex, multi-year research initiatives.
Hiring Trend Insight: The biggest surge in demand is for Digital Transformation PMs. Every major employer is modernizing legacy systems. If you have experience with Agile/Scrum and software implementation, you will be in high demand.
Getting Licensed in TN
Tennessee does not have a state-specific license for Project Managers. The key national certification is the Project Management Professional (PMP) from the Project Management Institute (PMI). This is the gold standard and is highly sought after by Memphis employers.
Requirements and Costs to Get PMP-Certified:
- Education: A 4-year degree (bachelor’s) is the most common path. You need 36 months of leading projects within the last 8 years, plus 35 hours of project management education.
- Education Alternative: A high school diploma or associate's degree requires 60 months of leading projects and 35 hours of education.
- Cost:
- PMI Membership (optional but recommended for exam discount): $129/year + $10 application fee.
- Exam Fee (Member): $405.
- Exam Fee (Non-Member): $555.
- 35-Hour Prep Course: $300 - $1,500 (varies widely; online options are cheaper).
- Timeline: From studying to holding the certificate typically takes 3 to 6 months. Memphis has local PMI chapters (PMI Memphis) that offer study groups and workshops, which can be invaluable.
Insider Tip: While not a license, some employers in construction (like Turner Construction or Montgomery Martin) prefer or require a LEED AP credential if you're managing sustainable building projects.
Best Neighborhoods for Project Managers
Where you live in Memphis defines your commute and lifestyle. The city is spread out, and traffic on I-40/I-240 can be brutal during rush hour, especially in the rain.
| Neighborhood | Vibe & Commute | Avg. 1BR Rent | Best For... |
|---|---|---|---|
| East Memphis | Midtown feel, older homes, walkable to Overton Square. Central to most corporate HQs (20-25 min commute). | $1,250 | PMs who want a central location with a neighborhood feel. |
| Cooper-Young | Historic, vibrant, walkable. Home to the famous Cooper-Young festival. Younger, artsy crowd. Commute to downtown is ~15 mins. | $1,350 | PMs who value nightlife, restaurants, and a strong sense of community. |
| Germantown | Suburban, family-oriented, top-rated schools. Very safe, clean, and quiet. Commute to eastern suburbs (FedEx, AutoZone) is excellent. | $1,400 | PMs with families or those who prioritize safety and schools. |
| Downtown | Urban, high-rise living, walkable to FedExForum and Beale Street. Can be expensive. Commute to most HQs is easy via I-40. | $1,500+ | PMs who want a car-optional, vibrant urban lifestyle. |
| Bartlett | Affordable suburb north of the city. Lower cost of living, great for first-time homebuyers. Commute to downtown is 25-30 mins. | $1,100 | PMs on a budget or those working in northern suburbs/logistics. |
Personal Insight: If you work at FedEx in Collierville, living in Germantown or Bartlett saves you a 45-minute slog through traffic. If you're at AutoZone downtown, Cooper-Young offers a perfect balance of city access and neighborhood charm.
The Long Game: Career Growth
Memphis is not a "jump ship every 18 months" market. Loyalty and deep industry knowledge are rewarded. Here’s how to grow your career long-term:
Specialty Premiums:
- Construction PM: High demand, especially with I-40 expansion and downtown revitalization. Premium of 10-15% over base.
- IT/Agile PM: Growing rapidly. Premium of 15-20% as tech firms expand their Memphis footprints.
- Healthcare PM: Stable and lucrative. Premium of 10% for those with EPIC or other EHR experience.
Advancement Paths:
- Project Manager → Senior PM → Program Manager/Portfolio Manager: The standard track in large organizations like FedEx or Methodist. Requires handling larger budgets ($1M+) and more complex stakeholder groups.
- Project Manager → Director of Project Management Office (PMO): Available in larger corporations. You’ll be building processes and managing a team of PMs. This is a strategic leadership role.
- Project Manager → Management Consultant: Several national firms (like Accenture, Deloitte) have a growing presence in Memphis. Use your local industry expertise to advise other companies.
10-Year Outlook: The 6% job growth is solid. Memphis’s role as a logistics and healthcare hub is secure. The biggest unknown is the impact of automation on supply chain jobs, but this will likely create more project work (systems implementation, process redesign) rather than less. A PM who adapts to digital tools will thrive.
The Verdict: Is Memphis Right for You?
Memphis is a city of contrasts. It offers incredible cultural richness and affordability but also struggles with urban challenges. Here’s the unvarnished truth.
| Pros | Cons |
|---|---|
| High Purchasing Power: Your salary stretches further here than almost anywhere. | Car Dependency: Public transit is limited. You need a reliable car. |
| Stable Job Market: Anchored by Fortune 500s and healthcare, less volatile than tech hubs. | Public School Challenges: Top-tier education is often found in private or suburban schools. |
| Rich Culture & Community: World-class music, BBQ, and distinct neighborhoods. | Heat & Humidity: Summers are long, hot, and oppressive. |
| Low Cost of Living: Rent and home prices are manageable on a PM's salary. | Pockets of Poverty: Economic disparity is visible; some areas feel neglected. |
| Friendly, Down-to-Earth People: The "Memphis Nice" is real. Networking is accessible. | Weather Extremes: Ice storms in winter, tornado risk in spring. |
Final Recommendation:
Memphis is an excellent choice for Project Managers who prioritize financial stability and quality of life over cutting-edge industry prestige. It’s perfect for those who want to buy a home, build a family, and be part of a community, all while working on substantial, meaningful projects. If you need a fast-paced, tech-centric environment, look to Nashville or Austin. But if you value substance, affordability, and a unique, soulful culture, Memphis will welcome you home.
FAQs
Q: I'm a PM with 5 years of experience. What salary should I expect?
A: With 5 years of experience, you fall into the Mid-Level category. You should be targeting a range of $85,000 - $105,000. If you have a PMP and experience in logistics or healthcare, aim for the higher end.
Q: Is the PMP certification required to get a job in Memphis?
A: It's not a legal requirement, but for any corporate or healthcare role, it's a de facto requirement. For government or construction roles, it's highly preferred. It's the best investment you can make in your career here.
Q: What's the commute like in Memphis?
A: It's a car city. Average commutes are 25 minutes, but during peak hours (7-8 AM, 5-6 PM), traffic on I-40 and I-240 can add 15-30 minutes. Living close to your workplace is a major quality-of-life booster.
Q: How do I find Project Manager jobs in Memphis?
A: Use LinkedIn aggressively, filtering for Memphis. The major employers post on their own career sites. Also, check with local staffing agencies like The LIKELY Group or Aerotek, which specialize in placing PMs in logistics and IT.
Q: What's the networking scene like for PMs?
A: Very active. The PMI Memphis Chapter is robust, with monthly meetings, study groups, and an annual conference. It's the best place to meet peers and find jobs. Also, the Memphis Technology Council hosts events for IT-focused PMs.
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