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Average Computer and Mathematical Occupations Salary in Memphis, TN-MS-AR

In Memphis, TN-MS-AR, professionals in Computer and Mathematical Occupations earn an average annual salary of $92,510. This figure is notably below the national average of $119,220, reflecting regional economic factors and specific industry demands within the Memphis metropolitan area. The local job market dynamics and the concentration of specific tech roles contribute to this salary differential.

Executive Summary

  • Average Salary: $92,510 per year.
  • Growth Trend: Salaries have shifted 24.7% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $144,430.
  • Outlook: The Memphis, TN-MS-AR region supports a substantial workforce of 11,810 individuals in Computer and Mathematical Occupations. With a Location Quotient of 0.57, the concentration of these roles is below the national average, suggesting a market that is less saturated but potentially offers opportunities for growth. The presence of nearly 20 jobs per 1,000 workers indicates a consistent, albeit not dominant, demand for these specialized skills.
2024 Market Data

Salary Overview

$92,510

The average Computer and Mathematical Occupations in Memphis, TN-MS-AR earns-22.4%below the national average.

BreakdownBased on 40h/week
Hourly

$44.5

Weekly

$1,779

Monthly

$7,709

Computer and Mathematical Occupations Salary Distribution in Memphis, TN-MS-AR

Salary progression within Computer and Mathematical Occupations in Memphis, TN-MS-AR typically scales significantly with experience. Entry-level positions may start considerably lower than the average, while senior and specialized roles can command salaries well above the $92,510 mark. The percentile gaps between junior, mid-level, and senior professionals highlight clear opportunities for career advancement and increased earning potential within the region.

Experience LevelMarket PercentileAnnual WageHourly Rate
Junior / AssociateEntry level. Focus on learning core skills & codebase.10% (Entry)$47,430$22.8
Engineer IProficient contributor. Handles tasks independently.25% (Junior)$69,383$33.4
Senior EngineerSystem design, complex problem solving, mentoring.50% (Median)$85,780$41.2
Lead / StaffTechnical strategy, architecture, cross-team impact.75% (Senior)$115,638$55.6
Principal / ArchitectIndustry expert. Driving technical vision & innovation.90% (Expert)$144,430$69.4

Detailed Computer and Mathematical Occupations Market Analysis

Relocation Context

Nominal Salary

$92,510

Gross Pay

Real Wage (Purchasing Power)

$92,510

Adjusted for COL (100)

The average nominal salary of $92,510 in Memphis, TN-MS-AR aligns perfectly with the local Cost of Living Index of 100, which is equivalent to the national average. This means that the purchasing power of the average salary in Memphis is comparable to the national average, offering a stable financial environment for professionals considering relocation.

Job Market Context

11,810

Total Jobs

19.049

Per 1K Jobs

0.57

Location Quotient

Below Average

Memphis, TN-MS-AR has 0.57x the national average concentration of Computer and Mathematical Occupations jobs. This means there are fewer opportunities per capita here compared to the U.S. average — competition for roles may be higher.

A Location Quotient of 0.57 for Computer and Mathematical Occupations in Memphis indicates that these roles are less concentrated in the region compared to the national average. This suggests that while the demand exists, the market is not as competitive or saturated as in major tech hubs, potentially offering a more accessible entry point for new professionals or those looking to transition into the field.

Nearby Job Markets

Nearby Cities for Computer and Mathematical Occupations

Comparing salaries near Memphis, TN-MS-AR

Hiring Computer and Mathematical Occupationss?

Frequently Asked Questions

How much does a Computer and Mathematical Occupations make in Memphis, TN-MS-AR?

The median annual salary for a Computer and Mathematical Occupations in Memphis, TN-MS-AR is $92,510. This typically ranges from $47,430 for entry-level positions to $144,430 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 22.4% lower than the national median of $119,220.

Is Memphis, TN-MS-AR a lucrative place for Computer and Mathematical Occupationss?

No, not when compared to the national average.While the cost of living is average, the average salary of $92,510 is significantly lower than the national average of $119,220 for Computer and Mathematical Occupations.

Is Memphis, TN-MS-AR a good place to live for Computer and Mathematical Occupations?

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

Where are the highest paying cities near Memphis, TN-MS-AR?

Some top paying nearby cities include Jonesboro, AR ($73,960) and Jackson, TN.

How does the Memphis tech salary compare to the national average?

The average annual salary for Computer and Mathematical Occupations in Memphis is $92,510, which is considerably lower than the national average of $119,220.

What is the Cost of Living in Memphis, TN-MS-AR?

The Cost of Living Index in Memphis, TN-MS-AR is 100, which is exactly at the national average, indicating that everyday expenses are comparable to the rest of the country.

How concentrated are Computer and Mathematical Occupations jobs in Memphis?

The concentration of these jobs, measured by the Location Quotient, is 0.57, meaning they are less prevalent in Memphis than the national average.

What is the total number of Computer and Mathematical Occupations professionals in Memphis?

There are approximately 11,810 individuals employed in Computer and Mathematical Occupations within the Memphis, TN-MS-AR metropolitan area.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 11,810 employees in the Memphis, TN-MS-AR area with a job density of 19.049 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.