Average Counter and Rental Clerks Salary in Memphis, TN-MS-AR
Counter and Rental Clerks in the Memphis, TN-MS-AR metropolitan area earn an average annual salary of $37,250. This figure is notably below the national average of $43,680, suggesting that local economic factors and market demand play a significant role in compensation for this role within the region.
Executive Summary
- Average Salary: $37,250 per year.
- Growth Trend: Salaries have shifted 34.6% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $56,150.
- Outlook: With a local workforce of 1,270 Counter and Rental Clerks, the Memphis area demonstrates a moderate presence of this profession. The Location Quotient of 0.79 indicates that this role is slightly less concentrated here compared to the national average, implying a stable but not exceptionally high demand for these services within the local job market.
Salary Overview
The average Counter and Rental Clerks in Memphis, TN-MS-AR earns-14.7%below the national average.
$17.9
$716
$3,104
Counter and Rental Clerks Salary Trends (2020-2024)
While specific historical data is not provided, it is generally assumed that salaries for Counter and Rental Clerks, like most professions, have experienced gradual growth over the past four years. This trend is typically driven by inflation, increasing demand for services, and the need for businesses to attract and retain qualified staff in a competitive labor environment.
Counter and Rental Clerks Salary Distribution in Memphis, TN-MS-AR
Career progression for Counter and Rental Clerks typically involves moving from entry-level positions to more senior roles, often accompanied by salary increases. While specific percentile data is unavailable, the typical salary range for this profession suggests that experienced clerks can expect to earn significantly more than those just starting out, with salary gaps widening as responsibilities and expertise grow.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| SDR / BDRLead generation, prospecting, cold calling. | 10% (Entry) | $22,590 | $10.9 |
| Account ExecutiveClosing deals, managing small-mid market clients. | 25% (Junior) | $27,938 | $13.4 |
| Senior AEHandling enterprise clients and complex negotiations. | 50% (Median) | $34,580 | $16.6 |
| Sales ManagerManaging a team of reps, setting quotas & strategy. | 75% (Senior) | $46,563 | $22.4 |
| VP of SalesRevenue strategy, expansion, C-suite relationships. | 90% (Expert) | $56,150 | $27 |
Detailed Counter and Rental Clerks Market Analysis
Relocation Context
Nominal Salary
$37,250
Gross Pay
Real Wage (Purchasing Power)
$37,250
Adjusted for COL (100)
The average annual salary of $37,250 in Memphis, TN-MS-AR aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means that the nominal salary offers purchasing power equivalent to the national average, indicating that while the pay is lower than the national average, the cost of living does not exacerbate the difference.
Job Market Context
1,270
Total Jobs
2.051
Per 1K Jobs
0.79
Location Quotient
Memphis, TN-MS-AR has 0.79x the national average concentration of Counter and Rental Clerks 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 0.79 for Counter and Rental Clerks in Memphis signifies that the profession is present but not a dominant sector within the local economy when compared to national concentrations. This suggests a balanced job market where opportunities exist, but the sheer volume of jobs per capita is slightly lower than the national benchmark, indicating moderate competition.
Nearby Job Markets
Nearby Cities for Counter and Rental Clerks
| City | Salary | Dist. |
|---|---|---|
| Jonesboro, AR Counter and Rental Clerks Salary | $36,980↓ 1% | 64 mi |
| Jackson, TN Counter and Rental Clerks Salary | $35,600↓ 4% | 74 mi |
Comparing salaries near Memphis, TN-MS-AR
Hiring Counter and Rental Clerkss?
Frequently Asked Questions
How much does a Counter and Rental Clerks make in Memphis, TN-MS-AR?
The median annual salary for a Counter and Rental Clerks in Memphis, TN-MS-AR is $37,250. This typically ranges from $22,590 for entry-level positions to $56,150 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 14.7% lower than the national median of $43,680.
Is Memphis, TN-MS-AR a lucrative place for Counter and Rental Clerks?
No, not particularly lucrative compared to the national average.The average salary of $37,250 is below the national average of $43,680, although the cost of living is on par with the national average.
Is Memphis, TN-MS-AR a good place to live for Counter and Rental Clerks?
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 ($36,980) and Jackson, TN.
How does the Memphis salary compare to the national average?
The average annual salary for Counter and Rental Clerks in Memphis, TN-MS-AR is $37,250, which is lower than the national average of $43,680.
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.
How many Counter and Rental Clerks are there in Memphis?
There are approximately 1,270 Counter and Rental Clerks employed in the Memphis, TN-MS-AR metropolitan area.
Is the job market for Counter and Rental Clerks strong in Memphis?
The job market is stable, with a Location Quotient of 0.79 indicating a slightly lower concentration of these jobs compared to the national average, suggesting moderate demand.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 1,270 employees in the Memphis, TN-MS-AR area with a job density of 2.051 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
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Semantic Salary Analysis for Counter and Rental Clerks • Data source: BLS OEWS 2024 •Jobs in Memphis, TN-MS-AR