Average Parts Salespersons Salary in Memphis, TN-MS-AR
Parts Salespersons in the Memphis, TN-MS-AR area earn an average annual salary of $40,120. This figure is slightly below the national average of $42,390, indicating a localized compensation structure influenced by regional economic factors and industry demand within the tri-state area. The specific economic conditions and the concentration of related industries in Memphis play a significant role in shaping this salary landscape.
Executive Summary
- Average Salary: $40,120 per year.
- Growth Trend: Salaries have shifted 7.5% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $60,940.
- Outlook: With a local workforce of 1,020 Parts Salespersons, the Memphis area demonstrates a stable, albeit not exceptionally concentrated, presence of this profession. The Location Quotient of 0.95 suggests that the concentration of Parts Salespersons in Memphis is nearly on par with the national average, implying a steady demand that aligns with broader market trends. The rate of 1.639 jobs per 1,000 workers further supports a consistent employment environment for these professionals.
Salary Overview
The average Parts Salespersons in Memphis, TN-MS-AR earns-5.4%below the national average.
$19.3
$772
$3,343
Parts Salespersons Salary Trends (2020-2024)
While specific historical data for Parts Salespersons in Memphis is not provided, it is reasonable to assume a general upward trend in salaries over the past four years, mirroring national economic recovery and inflation. Industry-wide, increased demand for automotive and industrial parts, coupled with a growing need for skilled sales personnel, likely contributed to modest salary growth, aiming to keep pace with the rising cost of living and attract qualified talent.
Parts Salespersons Salary Distribution in Memphis, TN-MS-AR
Career progression for Parts Salespersons typically involves a clear salary trajectory from entry-level to senior roles. Junior positions may start closer to the lower end of the pay scale, while experienced professionals with a proven track record in sales, product knowledge, and customer relationship management can command significantly higher salaries. The percentile gaps in earnings between different experience levels underscore the value placed on accumulated expertise and sales performance within the industry.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| SDR / BDRLead generation, prospecting, cold calling. | 10% (Entry) | $27,070 | $13 |
| Account ExecutiveClosing deals, managing small-mid market clients. | 25% (Junior) | $30,090 | $14.5 |
| Senior AEHandling enterprise clients and complex negotiations. | 50% (Median) | $36,590 | $17.6 |
| Sales ManagerManaging a team of reps, setting quotas & strategy. | 75% (Senior) | $50,150 | $24.1 |
| VP of SalesRevenue strategy, expansion, C-suite relationships. | 90% (Expert) | $60,940 | $29.3 |
Detailed Parts Salespersons Market Analysis
Relocation Context
Nominal Salary
$40,120
Gross Pay
Real Wage (Purchasing Power)
$40,120
Adjusted for COL (100)
The average annual salary of $40,120 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 purchasing power of a Parts Salesperson's salary in Memphis is equivalent to the national average, offering a stable financial standing without the immediate pressure of higher living expenses often associated with more expensive regions.
Job Market Context
1,020
Total Jobs
1.639
Per 1K Jobs
0.95
Location Quotient
Memphis, TN-MS-AR has 0.95x the national average concentration of Parts Salespersons 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 0.95 for Parts Salespersons in Memphis, TN-MS-AR indicates that the employment concentration for this role is very close to the national average. This suggests a balanced job market where the profession is neither significantly over-represented nor under-represented, implying a competitive yet accessible landscape for job seekers and employers alike.
Nearby Job Markets
Nearby Cities for Parts Salespersons
| City | Salary | Dist. |
|---|---|---|
| Jonesboro, AR Parts Salespersons Salary | $37,030↓ 8% | 64 mi |
| Jackson, TN Parts Salespersons Salary | $38,240↓ 5% | 74 mi |
Comparing salaries near Memphis, TN-MS-AR
Hiring Parts Salespersonss?
Frequently Asked Questions
How much does a Parts Salespersons make in Memphis, TN-MS-AR?
The median annual salary for a Parts Salespersons in Memphis, TN-MS-AR is $40,120. This typically ranges from $27,070 for entry-level positions to $60,940 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 5.4% lower than the national median of $42,390.
Is Memphis, TN-MS-AR a lucrative place for Parts Salespersons?
No, not significantly more lucrative than the national average.The average salary of $40,120 is slightly below the national average, and the cost of living is exactly at the national average, offering no distinct financial advantage.
Is Memphis, TN-MS-AR a good place to live for Parts Salespersons?
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 ($37,030) and Jackson, TN.
How does the Memphis Parts Salesperson salary compare to the national average?
The average annual salary for Parts Salespersons in Memphis is $40,120, which is slightly lower than the national average of $42,390.
What is the cost of living in Memphis, TN-MS-AR for Parts Salespersons?
The cost of living in Memphis is indexed at 100, which is precisely the national average, meaning your salary's purchasing power is comparable to the national standard.
How concentrated is the Parts Salesperson job market in Memphis?
The job market concentration, measured by the Location Quotient of 0.95, is very close to the national average, indicating a balanced presence of this profession.
What is the total number of Parts Salespersons in the Memphis area?
There are approximately 1,020 Parts Salespersons employed 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 1,020 employees in the Memphis, TN-MS-AR area with a job density of 1.639 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
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Semantic Salary Analysis for Parts Salespersons • Data source: BLS OEWS 2024 •Jobs in Memphis, TN-MS-AR