2026 Salary Data · Memphis, TN

Product Manager Salary in Memphis

How much does a Product Manager make in Memphis? Salary data, top employers, and career insights for Product Managers in the Memphis area.

$152K
Median Total Comp
-18%
vs National Avg
low
Cost of Living
100+
Product Roles

How Much Does a Product Manager Make in Memphis?

The median Product Manager salary in Memphis is $152K, which is 18% below the national average in absolute terms. However, the low cost of living (index: 85 vs 100 national average) means purchasing power is strong. Memphis's emerging job market has approximately 100+ open product roles.

Memphis's cost-of-living index is 85 (vs 100 national average), making it one of the more affordable metros. A $152K salary here has the purchasing power of roughly $179K in an average-cost city. This strong purchasing power is a key reason PMs relocate from higher-cost markets.

$111K$205K
P25-P75 Median

AI Specialization Premium in Memphis

Standard PM
$152K
$127K - $189K
AI-Specialized PM
$185K
$155K - $231K

Product Managers with AI/ML experience earn a 22% premium in Memphis. While Memphis's AI ecosystem is still growing, companies here pay the premium to attract AI-experienced PMs.

Product Manager Salary by Company Type in Memphis

FAANG / Big Tech
$198K
+30%
Pre-IPO Unicorn
$175K
+15%
Growth Startup (B/C)
$152K
Baseline
Enterprise / Fortune 500
$160K
+5%
Early Startup (Seed/A)
$129K
-15%
Agency / Consulting
$122K
-20%

Top Employers for Product Managers in Memphis

FedExServiceMasterInternational PaperSt. Jude Children's Research HospitalAutoZone

Memphis has a very small tech market, with FedEx being the dominant technology employer. No state income tax. Most PM opportunities are with logistics, healthcare, or remote companies.

B2B SaaS (General)Healthcare / HealthtechE-commerce / Marketplace

Other Product Roles in Memphis

Chief Product Officer
15+ years
$394K
+159%
VP of Product
12+ years
$332K
+118%
Director of Product
10-15 years
$303K
+99%
Staff Product Manager
8-12 years
$258K
+70%
AI Product Manager
3-7 years
$250K
+64%
Platform Product Manager
5-9 years
$226K
+49%

Product Manager Salary in Other Cities

Nashville, TN
moderate cost of living
$167K
+10%
Birmingham, AL
low cost of living
$152K
Same
Louisville, KY
low cost of living
$155K
+2%
New Orleans, LA
low cost of living
$154K
+1%
San Francisco, CA
very-high cost of living
$222K
+46%
San Jose, CA
very-high cost of living
$218K
+43%
New York City, NY
very-high cost of living
$213K
+40%

Frequently Asked Questions

How much does a Product Manager make in Memphis?+
The median total compensation for a Product Manager in Memphis is $152K, with the 25th to 75th percentile range spanning $127K to $189K. This is 18% below the national average of $185K.
What companies hire Product Managers in Memphis?+
Top employers for Product Managers in Memphis include FedEx, ServiceMaster, International Paper, St. Jude Children's Research Hospital, AutoZone. Memphis has a very small tech market, with FedEx being the dominant technology employer.
Is Memphis a good city for Product Managers?+
Memphis has a emerging product job market with approximately 100+ open product roles. The cost of living is low. Strong industries include B2B SaaS (General), Healthcare / Healthtech, E-commerce / Marketplace.
How does Product Manager salary in Memphis compare to other cities?+
Memphis pays 18% below the national average for Product Managers. For comparison, San Francisco pays +20%, New York pays +12%, and Austin is the baseline. Similar markets include Nashville, Birmingham, Louisville, New Orleans.
Do Product Managers in Memphis earn more with AI experience?+
Yes. The AI specialization premium for Product Managers in Memphis is 22%, bringing the median from $152K to $185K. While Memphis's AI ecosystem is still developing, companies here still pay the premium for AI-experienced PMs.
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