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Construction Manager Salary in Memphis, TN

How much does a construction manager make in Memphis? Explore median, entry-level, and senior salaries adjusted for Memphis's cost of living.

Median Salary
$97,160
per year in Memphis
Entry Level
$58,296
Starting salary
Senior Level
$132,956
Experienced professionals
Cost of Living
89
11% below national avg

Salary Breakdown by Experience Level

See how construction manager salaries break down across different pay periods in Memphis.

PeriodEntry LevelMedianSenior
Annual$58,296$97,160$132,956
Monthly$4,858$8,097$11,080
Biweekly$2,242$3,737$5,114
Weekly$1,121$1,868$2,557
Hourly$28$47$64

Memphis vs National Average

How Memphis's construction manager salaries compare to national figures.

Memphis Salary
$97,160
COL Index: 89
National Average
$117,290
COL Index: 100
Difference
-$20,130
Lower in Memphis

Cost of Living in Memphis

1-Bedroom Rent
$1,100
per month
Median Income
$46,123
per year
Population
633,104
residents
Rent % of Income
28.6%
median household
Cost of Living Index: 89 — A score of 100 represents the U.S. average. Salaries in Memphis have been adjusted to account for local cost differences.

About Construction Manager

Overview

Oversee construction projects and manage contractors and budgets.

Education

Bachelor's degree in Construction Management; field experience required

Key Skills

Project ManagementBudget ControlSafety ManagementLeadership

Growth Rate

Expected job growth: +15% over the next decade

Compare Cities: Construction Manager Salary

See Construction Manager salaries in other top cities.

New York, NY
$138,000
+42%
Los Angeles, CA
$128,730
+32%
Chicago, IL
$118,830
+22%
Houston, TX
$101,850
+5%
Phoenix, AZ
$111,550
+15%

Financial Tools to Explore

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Cost of Living Calculator

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Construction Manager Salary in Memphis, TN — Complete Guide

Median Salary Overview

The median salary for a construction manager in Memphis, TN is $97,160 per year, adjusted for the local cost of living index of 89. This figure reflects typical earnings for experienced professionals in this role, considering Memphis's unique economic conditions.

Salary Range and Experience Levels

Entry-level construction manager professionals in Memphis can expect to earn around $58,296 annually. As professionals gain experience, salaries typically increase, with senior-level construction managers earning approximately $132,956 per year. This represents a 128% increase from entry to senior level.

Cost of Living Adjustment

Memphis's cost of living index of 89 significantly impacts salary comparisons. As a lower cost-of-living city, salaries in Memphis are adjusted accordingly. This means that while the nominal salary may appear higher or lower than the national average of $117,290, the actual purchasing power must be considered in context.

Housing and Affordability

A significant portion of a construction manager's salary in Memphis typically goes toward housing. With a 1-bedroom apartment averaging $1,100 per month, housing represents about 13.6% of median salary. Financial experts generally recommend keeping housing expenses below 30% of gross income.

Career Growth and Opportunities

Construction Managers are in growing demand across the United States, with an expected job growth of 15% over the next decade. In Memphis, this translates to increasing opportunities and potential for salary growth as demand for experienced professionals continues to rise.

Source: BLS OEWS May 2024Metro-level wage data for this occupation and area
Data source: Salary data on this page are sourced from Bureau of Labor Statistics (BLS) Occupational Employment and Wage Statistics (OEWS) program May 2024 estimates. Figures are approximate and intended for informational purposes only. Actual salaries may vary based on employer, experience, education, certifications, and local market conditions. This page does not constitute financial or career advice. For the most current wage data, visit bls.gov.