Average Mechanical Engineers Salary in Memphis, TN-MS-AR
Mechanical Engineers in the Memphis, TN-MS-AR area earn an average annual salary of $103,650. This figure is slightly below the national average of $109,640, reflecting regional economic factors and the specific demand within the local industrial landscape. While the national average sets a benchmark, local market dynamics, industry concentration, and the cost of living significantly influence compensation for these vital engineering roles.
Executive Summary
- Average Salary: $103,650 per year.
- Growth Trend: Salaries have shifted 24.6% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $134,060.
- Outlook: The Memphis, TN-MS-AR region supports a modest workforce of 350 Mechanical Engineers. With a Location Quotient of 0.3, the concentration of these professionals is notably lower than the national average, suggesting a less saturated market. While the absolute number of engineers is not exceptionally large, the lower concentration could indicate potential opportunities for skilled professionals seeking roles in this area.
Salary Overview
The average Mechanical Engineers in Memphis, TN-MS-AR earns-5.5%below the national average.
$49.8
$1,993
$8,638
Mechanical Engineers Salary Trends (2020-2024)
While specific historical data for Memphis is not provided, Mechanical Engineer salaries nationwide have generally seen consistent growth over the past four years, driven by technological advancements and increasing demand across various sectors. It is reasonable to assume that the Memphis market has mirrored this trend to some extent, with potential for salary increases correlating with inflation and the evolving needs of local industries.
Mechanical Engineers Salary Distribution in Memphis, TN-MS-AR
The salary trajectory for Mechanical Engineers in Memphis, TN-MS-AR, like elsewhere, is strongly influenced by experience. Entry-level positions typically start at a lower percentile, while senior engineers with extensive expertise and specialized skills command significantly higher salaries, often reaching the 75th percentile and beyond. These percentile gaps highlight the substantial career progression and earning potential available as engineers advance in their careers.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Junior / AssociateEntry level. Focus on learning core skills & codebase. | 10% (Entry) | $67,480 | $32.4 |
| Engineer IProficient contributor. Handles tasks independently. | 25% (Junior) | $77,738 | $37.4 |
| Senior EngineerSystem design, complex problem solving, mentoring. | 50% (Median) | $101,100 | $48.6 |
| Lead / StaffTechnical strategy, architecture, cross-team impact. | 75% (Senior) | $129,563 | $62.3 |
| Principal / ArchitectIndustry expert. Driving technical vision & innovation. | 90% (Expert) | $134,060 | $64.5 |
Detailed Mechanical Engineers Market Analysis
Relocation Context
Nominal Salary
$103,650
Gross Pay
Real Wage (Purchasing Power)
$103,650
Adjusted for COL (100)
The average annual salary of $103,650 in Memphis, TN-MS-AR aligns precisely with the national average Cost of Living Index of 100. This means that the purchasing power of a Mechanical Engineer's salary in Memphis is comparable to the national average. While the nominal salary is slightly below the national average, the neutral cost of living suggests that the take-home pay effectively covers expenses at a similar level to other regions.
Job Market Context
350
Total Jobs
0.559
Per 1K Jobs
0.3
Location Quotient
At 0.30x, Memphis, TN-MS-AR has a notably lower concentration of Mechanical Engineers jobs than the national average. Opportunities in this area are relatively scarce for this profession.
A Location Quotient of 0.3 for Mechanical Engineers in Memphis, TN-MS-AR indicates that this profession is less concentrated in the region compared to the national average. This suggests that while there is a presence of Mechanical Engineers, the job market may not be as robust or competitive as in areas with a higher concentration. This could present opportunities for engineers looking to enter the market, but also suggests a potentially smaller pool of specialized roles.
Nearby Job Markets
Nearby Cities for Mechanical Engineers
| City | Salary | Dist. |
|---|---|---|
| Jonesboro, AR Mechanical Engineers Salary | $74,410↓ 28% | 64 mi |
| Jackson, TN Mechanical Engineers Salary | $115,280↑ 11% | 74 mi |
Comparing salaries near Memphis, TN-MS-AR
Hiring Mechanical Engineerss?
Frequently Asked Questions
How much does a Mechanical Engineers make in Memphis, TN-MS-AR?
The median annual salary for a Mechanical Engineers in Memphis, TN-MS-AR is $103,650. This typically ranges from $67,480 for entry-level positions to $134,060 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 5.5% lower than the national median of $109,640.
Is Memphis, TN-MS-AR a lucrative place for Mechanical Engineers?
No, not exceptionally lucrative compared to the national average.The average salary of $103,650 is below the national average of $109,640, although the cost of living is on par with the national average.
Is Memphis, TN-MS-AR a good place to live for Mechanical Engineers?
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 ($74,410) and Jackson, TN.
How does the Memphis Mechanical Engineer salary compare to the national average?
The average salary for Mechanical Engineers in Memphis, TN-MS-AR is $103,650, which is approximately $6,000 less than the national average of $109,640.
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, indicating that the general cost of goods and services is neither higher nor lower than the U.S. average.
How concentrated is the Mechanical Engineer job market in Memphis?
The job market for Mechanical Engineers in Memphis is less concentrated than the national average, with a Location Quotient of 0.3, suggesting fewer engineers per capita relative to the rest of the country.
What is the total number of Mechanical Engineers in Memphis?
There are approximately 350 Mechanical Engineers working in the Memphis, TN-MS-AR region.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 350 employees in the Memphis, TN-MS-AR area with a job density of 0.559 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
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Semantic Salary Analysis for Mechanical Engineers • Data source: BLS OEWS 2024 •Jobs in Memphis, TN-MS-AR