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Mechanical Engineer Salary in Memphis, TN

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

Median Salary
$101,100
per year in Memphis
Entry Level
$61,898
Starting salary
Senior Level
$139,271
Experienced professionals
Cost of Living
89
11% below national avg

Salary Breakdown by Experience Level

See how mechanical engineer salaries break down across different pay periods in Memphis.

PeriodEntry LevelMedianSenior
Annual$61,898$101,100$139,271
Monthly$5,158$8,425$11,606
Biweekly$2,381$3,888$5,357
Weekly$1,190$1,944$2,678
Hourly$30$49$67

Memphis vs National Average

How Memphis's mechanical engineer salaries compare to national figures.

Memphis Salary
$101,100
COL Index: 89
National Average
$112,400
COL Index: 100
Difference
-$11,300
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 Mechanical Engineer

Overview

Design, develop, and test mechanical equipment and systems.

Education

Bachelor's degree in Mechanical Engineering; PE license recommended

Key Skills

CADMechanical DesignThermodynamicsProblem Solving

Growth Rate

Expected job growth: +18% over the next decade

Compare Cities: Mechanical Engineer Salary

See Mechanical Engineer salaries in other top cities.

New York, NY
$111,270
+10%
Los Angeles, CA
$114,290
+13%
Chicago, IL
$100,390
-1%
Houston, TX
$126,870
+25%
Phoenix, AZ
$102,300
+1%

Financial Tools to Explore

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Cost of Living Calculator

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Mechanical Engineer Salary in Memphis, TN — Complete Guide

Median Salary Overview

The median salary for a mechanical engineer in Memphis, TN is $101,100 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 mechanical engineer professionals in Memphis can expect to earn around $61,898 annually. As professionals gain experience, salaries typically increase, with senior-level mechanical engineers earning approximately $139,271 per year. This represents a 125% 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 $112,400, the actual purchasing power must be considered in context.

Housing and Affordability

A significant portion of a mechanical engineer's salary in Memphis typically goes toward housing. With a 1-bedroom apartment averaging $1,100 per month, housing represents about 13.1% of median salary. Financial experts generally recommend keeping housing expenses below 30% of gross income.

Career Growth and Opportunities

Mechanical Engineers are in growing demand across the United States, with an expected job growth of 18% 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.