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Average Construction Managers Salary in Memphis, TN-MS-AR

Construction Managers in the Memphis, TN-MS-AR area earn an average annual salary of $108,180. This figure is notably below the national average of $119,770, suggesting that local market dynamics, such as project volume and demand for specialized skills, play a significant role in compensation within this region.

Executive Summary

  • Average Salary: $108,180 per year.
  • Growth Trend: Salaries have shifted 37.2% ↗ over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $159,510.
  • Outlook: With a local workforce of 830 Construction Managers, the Memphis area presents a moderately sized market. The Location Quotient of 0.59 indicates that this profession is less concentrated here compared to the national average, suggesting potential opportunities for skilled professionals as demand may outpace the local supply of talent.
2024 Market Data

Salary Overview

$108,180

The average Construction Managers in Memphis, TN-MS-AR earns-9.7%below the national average.

BreakdownBased on 40h/week
Hourly

$52

Weekly

$2,080

Monthly

$9,015

Construction Managers Salary Distribution in Memphis, TN-MS-AR

Salary progression for Construction Managers in Memphis, TN-MS-AR is strongly tied to experience. Entry-level positions typically start at the lower end of the pay scale, while seasoned professionals with extensive project management experience and a proven track record can command significantly higher salaries, often reaching into the upper percentiles.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$61,900$29.8
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$81,135$39
ManagerOversees team, compliance, and project delivery.50% (Median)$97,160$46.7
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$135,225$65
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$159,510$76.7

Detailed Construction Managers Market Analysis

Relocation Context

Nominal Salary

$108,180

Gross Pay

Real Wage (Purchasing Power)

$108,180

Adjusted for COL (100)

The average annual salary of $108,180 in Memphis, TN-MS-AR aligns perfectly with the national average Cost of Living Index of 100. This means that the purchasing power of a Construction Manager's salary in Memphis is equivalent to the national average, offering a stable financial standing relative to the cost of goods and services.

Job Market Context

830

Total Jobs

1.334

Per 1K Jobs

0.59

Location Quotient

Below Average

Memphis, TN-MS-AR has 0.59x the national average concentration of Construction Managers 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 0.59 signifies that Construction Managers are less prevalent in the Memphis, TN-MS-AR region compared to the national average. This lower concentration suggests that the job market may be less saturated, potentially offering more competitive opportunities for qualified individuals seeking employment in this field.

Nearby Job Markets

Nearby Cities for Construction Managers

CitySalaryDist.
Jonesboro, AR Construction Managers Salary$84,610↓ 22%64 mi
Jackson, TN Construction Managers Salary$101,100↓ 7%74 mi

Comparing salaries near Memphis, TN-MS-AR

Hiring Construction Managerss?

Frequently Asked Questions

How much does a Construction Managers make in Memphis, TN-MS-AR?

The median annual salary for a Construction Managers in Memphis, TN-MS-AR is $108,180. This typically ranges from $61,900 for entry-level positions to $159,510 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 9.7% lower than the national median of $119,770.

Is Memphis, TN-MS-AR a lucrative place for Construction Managers?

No, but it offers good value.While the average salary is below the national average, the cost of living is also at the national average, meaning your earnings have equivalent purchasing power.

Is Memphis, TN-MS-AR a good place to live for Construction Managers?

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 ($84,610) and Jackson, TN.

How does the Memphis Construction Manager salary compare to the national average?

The average salary for Construction Managers in Memphis, TN-MS-AR is $108,180, which is approximately $11,590 less than the national average of $119,770.

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 the national average. This means that the cost of goods and services is comparable to the rest of the country.

Is there high demand for Construction Managers in Memphis?

With a Location Quotient of 0.59, Construction Managers are less concentrated in Memphis than the national average, suggesting potential for demand to exceed supply.

How many Construction Managers work in Memphis?

The Memphis, TN-MS-AR metropolitan area has a local workforce of approximately 830 Construction Managers.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 830 employees in the Memphis, TN-MS-AR area with a job density of 1.334 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.

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