Product Manager Salary in Memphis, Tennessee (2026)
Median base salary of $101,000/year for Product Manager professionals in Memphis. Full breakdown by experience level, take-home estimates, and market context.
Median Salary
$101,000
per year
Hourly Rate
$49/hr
40 hrs/wk
Monthly Pay
$8,417
before taxes
Est. Take-Home
$69,034
after taxes/yr
Product Manager Salary by Experience — Memphis
| Level | Annual | Monthly | Hourly | Est. Take-Home |
|---|---|---|---|---|
| Entry (0–2 yrs) | $68,000 | $5,667 | $33/hr | $47,838 |
| 25th Percentile | $80,000 | $6,667 | $38/hr | $56,280 |
| Median | $101,000 | $8,417 | $49/hr | $69,034 |
| 75th Percentile | $130,000 | $10,833 | $63/hr | $88,855 |
| Senior (8+ yrs) | $150,000 | $12,500 | $72/hr | $102,525 |
City salary estimated from Tennessee median with a -15% Memphis market adjustment. Take-home after federal, FICA, and Tennessee state taxes (0.0%).
Memphis vs. Tennessee Statewide
Memphis Median
$101,000
City-level estimate
Tennessee Statewide
$119,000
State median baseline
Product Manager professionals in Memphis earn approximately 15% less than the Tennessee statewide median, reflecting Memphis's lower cost of living and local demand for tech talent.
Cost of Living in Memphis
Cost of Living Index
96
100 = US average
Median 1BR Rent
$900/mo
city median
Annual Rent Burden
$10,800
per year
Rent as % of Salary
11%
of median salary
Memphis's cost of living index of 96 means it is 4% less expensive than the US average. At the median Product Manager salary of $101,000, housing costs represent approximately 11% of gross income — within the recommended 30% guideline.
Top Product Manager Employers in Memphis
Companies actively hiring Product Manager professionals in the Memphis area.
Memphis's economy is dominated by FedEx's global headquarters, creating steady demand for logistics technology and supply chain software engineers.
Product Manager Job Market in Memphis
Memphis is one of Tennessee's major market for Product Manager professionals, with a population of approximately 630K and a growing technology sector. The median base salary of $101,000/year reflects both local demand for Roadmapping and Data Analysis expertise, and the city's cost of living index of 96 relative to the national average of 100.
At the entry level, a Product Manager in Memphis can expect to earn approximately $68,000/year. Senior professionals with 8+ years of experience typically command $150,000/year or more, particularly at larger technology companies or those with in-demand specializations in Agile.
Total compensation — including equity, annual bonuses, and benefits — often adds 20–50% above base salary for Product Manager roles at growth-stage companies. When evaluating an offer in Memphis, always ask about the full compensation package, not just base salary.
Product Manager Salaries in Other Tennessee Cities
Related Roles in Memphis
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Editorial Standards & Data Methodology
Data Sources
Salary ranges on CareerOS are derived from multiple independent sources:
- •U.S. Bureau of Labor Statistics (BLS)
- •LinkedIn Salary Insights
- •Glassdoor Compensation Reports
- •Levels.fyi (tech roles)
- •Indeed Salary Data
Our Methodology
Salary figures represent base compensation only and exclude equity, bonuses, and benefits. Ranges show the 25th–75th percentile for full-time employees in each location. Data is weighted toward recent postings (last 12 months). Take-home estimates apply federal income tax, FICA (7.65%), and applicable state taxes.
Editorial Process
All pages are reviewed for accuracy before publication and updated quarterly. We cross-reference data across sources before publishing any salary range.
Last Updated: May 2026
Review Cycle: Quarterly
Disclaimer: For informational purposes only. Actual compensation varies.