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Average Aerospace Engineers Salary in Memphis, TN-MS-AR

The average salary for Aerospace Engineerss in Memphis, TN-MS-AR is $125,300. While this is lower than the national average, the cost of living in Memphis, TN-MS-AR may offset the difference, preserving real purchasing power.

Executive Summary

  • Average Salary: $125,300 per year.
  • Growth Trend: Salaries have shifted 13.8% ↗ over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $177,520.
  • Outlook: This role remains a specialized component of the broader Memphis, TN-MS-AR economy.
2024 Market Data

Salary Overview

$125,300

The average Aerospace Engineers in Memphis, TN-MS-AR earns-11.4%below the national average.

BreakdownBased on 40h/week
Hourly

$60.2

Weekly

$2,410

Monthly

$10,442

Aerospace Engineers Salary Distribution in Memphis, TN-MS-AR

The earning potential for Aerospace Engineerss in Memphis, TN-MS-AR varies significantly by experience level. The salary gap is relatively narrow, suggesting consistent and predictable earnings from entry-level to senior positions. Entry-level roles (10th percentile) typically start around $81,430, while highly experienced professionals can command wages upwards of $177,520.

Experience LevelMarket PercentileAnnual WageHourly Rate
Junior / AssociateEntry level. Focus on learning core skills & codebase.10% (Entry)$81,430$39.1
Engineer IProficient contributor. Handles tasks independently.25% (Junior)$93,975$45.2
Senior EngineerSystem design, complex problem solving, mentoring.50% (Median)$135,350$65.1
Lead / StaffTechnical strategy, architecture, cross-team impact.75% (Senior)$156,625$75.3
Principal / ArchitectIndustry expert. Driving technical vision & innovation.90% (Expert)$177,520$85.3

Detailed Aerospace Engineers Market Analysis

Relocation Context

Nominal Salary

$125,300

Gross Pay

Real Wage (Purchasing Power)

$125,300

Adjusted for COL (100)

In Memphis, TN-MS-AR, the Cost of Living Index is 100. This increases your effective purchasing power from $125,300 to $125,300.

Nearby Job Markets

Hiring Aerospace Engineerss?

Frequently Asked Questions

How much does a Aerospace Engineers make in Memphis, TN-MS-AR?

The median annual salary for a Aerospace Engineers in Memphis, TN-MS-AR is $125,300. This typically ranges from $81,430 for entry-level positions to $177,520 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Memphis, TN-MS-AR is 11.4% lower than the national median of $141,460.

Is Memphis, TN-MS-AR a good place for Aerospace Engineerss?

It depends on your priorities. While the average Aerospace Engineers salary in Memphis, TN-MS-AR is $125,300 (below the national average), the area may offer a lower cost of living or other lifestyle benefits typical of Memphis, TN-MS-AR. See distinct detailed breakdown below.

Is Memphis, TN-MS-AR a good place to live for Aerospace Engineers?

The Cost of Living Index in Memphis, TN-MS-AR is 100. While higher than average, this often correlates with higher wages.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes employees in the Memphis, TN-MS-AR area with a job density of per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.

Semantic Salary Analysis for Aerospace Engineers • Data source: BLS OEWS 2024 •Jobs in Memphis, TN-MS-AR