2026 Salary Data · Memphis, TN

Product Owner Salary in Memphis

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

$139K
Median Total Comp
-18%
vs National Avg
low
Cost of Living
100+
Product Roles

How Much Does a Product Owner Make in Memphis?

The median Product Owner salary in Memphis is $139K, 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 $139K salary here has the purchasing power of roughly $164K in an average-cost city. This strong purchasing power is a key reason PMs relocate from higher-cost markets.

$102K$189K
P25-P75 Median

AI Specialization Premium in Memphis

Standard PO
$139K
$117K - $174K
AI-Specialized PO
$164K
$138K - $205K

Product Owners with AI/ML experience earn a 18% premium in Memphis. While Memphis's AI ecosystem is still growing, companies here pay the premium to attract AI-experienced PMs.

Product Owner Salary by Company Type in Memphis

FAANG / Big Tech
$181K
+30%
Pre-IPO Unicorn
$160K
+15%
Growth Startup (B/C)
$139K
Baseline
Enterprise / Fortune 500
$146K
+5%
Early Startup (Seed/A)
$118K
-15%
Agency / Consulting
$111K
-20%

Top Employers for Product Owners 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
+183%
VP of Product
12+ years
$332K
+139%
Director of Product
10-15 years
$303K
+118%
Staff Product Manager
8-12 years
$258K
+86%
AI Product Manager
3-7 years
$250K
+80%
Platform Product Manager
5-9 years
$226K
+63%

Product Owner Salary in Other Cities

Nashville, TN
moderate cost of living
$153K
+10%
Birmingham, AL
low cost of living
$139K
Same
Louisville, KY
low cost of living
$143K
+3%
New Orleans, LA
low cost of living
$141K
+1%
San Francisco, CA
very-high cost of living
$204K
+47%
San Jose, CA
very-high cost of living
$201K
+45%
New York City, NY
very-high cost of living
$195K
+40%

Frequently Asked Questions

How much does a Product Owner make in Memphis?+
The median total compensation for a Product Owner in Memphis is $139K, with the 25th to 75th percentile range spanning $117K to $174K. This is 18% below the national average of $170K.
What companies hire Product Owners in Memphis?+
Top employers for Product Owners 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 Owners?+
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 Owner salary in Memphis compare to other cities?+
Memphis pays 18% below the national average for Product Owners. 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 Owners in Memphis earn more with AI experience?+
Yes. The AI specialization premium for Product Owners in Memphis is 18%, bringing the median from $139K to $164K. While Memphis's AI ecosystem is still developing, companies here still pay the premium for AI-experienced PMs.
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