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2026 Salary Data — Memphis, TN
Updated April 28, 2026

Financial Analyst Salary in Memphis: $88K Median

Financial Analysts in Memphis, TN earn between $57K and $154K per year.

That's -12% below the US national median of $99,890 for this role.

Quick Answer

As of April 2026, the median Financial Analyst salary in Memphis, TN is $87,903 per year — -12% below the US national median of $99,890. Salaries range from $57,200 (entry, 25th percentile) to $154,000 (90th percentile). Financial Analysts in Memphis earned approximately $17,236 in 2025, representing 410.0% year-over-year growth.

Median
$87,903
+410.0% YoY · $7,325/mo
Entry
$61,600
0–2 years
Experienced
$127,600
5+ years
Top 10%
$154,000
Senior/lead
Financial Analyst Salary — Memphis vs Nearby
Memphis
$88K
Nashville
$100K
-12% vs Memphis
El Paso
$85K
+4% vs Memphis
Tulsa
$88K
+0% vs Memphis

Free ATS scan · Memphis employers · Results in 60 seconds

About Financial Analysts in Memphis

Financial analysts evaluate investments, analyze financial data, build models, and provide recommendations to executives or clients.

Core Responsibilities

  • Build financial models
  • Analyze investment opportunities
  • Forecast revenue and expenses
  • Equity/debt research
  • Present to stakeholders

Education & Certifications

Typical path: Bachelor's degree in finance/economics; CFA preferred

In-demand certifications

CFAFRMBloomberg Market ConceptsSeries 7/63

Memphis Job Market

Logistics capital home to FedEx headquarters with major healthcare presence.

Population
633K
Cost of Living
85
vs 100 US avg
Unemployment
4.5%
Median Home
$175K

Top Industries in Memphis

Logistics (FedEx)HealthcareManufacturingMusic/Tourism

Top Employers Hiring Financial Analysts

Major employers active in Memphis or hiring remotely from this metro.

JPMorgan
Goldman Sachs
Morgan Stanley
Bank of America
BlackRock
Bridgewater
Citadel

All major employers use ATS software.

Workday, Greenhouse, Taleo, and iCIMS auto-screen 75% of resumes before a human ever sees them. Scan your resume free to see your match rate.

2026 Hot Skills & Resume Keywords

Skills that command salary premiums and pass ATS keyword filters.

Hottest 2026 Skills

These appear in the highest-paying Financial Analyst listings.

Python for financeTableau/Power BISQLCFAAI/ML in finance

ATS Resume Keywords

Include these naturally throughout your resume.

financial modelingvaluationDCFExcelBloombergCFAM&Aequity researchrisk analysis
Career Outlook
+9% Growth Projected (2024-2034)

Financial analyst roles growing 9%. Strong demand at hedge funds, PE firms, and corporate finance.

Financial Analyst Salary Breakdown — Memphis

PeriodEntry (25th)Median (50th)Top (90th)
Annual$57,200$87,903$154,000
Monthly$4,767$7,325$12,833
Weekly$1,100$1,690$2,962
Hourly$28$42$74

Based on 2080 working hours/year. Local figures derived from BLS Occupational Employment and Wage Statistics national median ($99,890) adjusted for Memphis's cost-of-living multiplier (0.88×, sourced from BEA Regional Price Parities).

Financial Analyst Take-Home Pay in Memphis

After federal, state and FICA taxes — single filer, standard deduction.

Net Annual Take-Home
$70,137.761
Per month$5,845
Biweekly paycheck$2,698
Effective tax rate20.2%

Tax Breakdown on $87,903

Gross salary$87,903
Federal income tax−$11,040.66
Tennessee state tax−$0
FICA (Social Security + Medicare)−$6,724.58
Take-home (net)$70,137.761

Estimates assume single filer, standard deduction ($14,600 for 2026), no 401(k)/HSA/dependents. Actual take-home varies with deductions, dependents, and benefits elections. Not tax advice.

Financial Analyst Salary by Experience — Memphis

Career-stage progression for Financial Analysts in Memphis.

ExperienceAnnual Salary
0–1 yr$56,672
2–3 yr$61,600
4–6 yr$94,600
7–10 yr$127,600
11–15 yr$150,568
15+ yr$140,800

Curve derived from BLS percentile data adjusted for Memphis's 0.88× cost-of-living multiplier. Highlighted row = 7–10 year experienced level.

Year-Over-Year Trend

+410.0% vs 2025

2025 median:$17,236
2026 median:$87,903
Change:+$70,667

Finance sector growth driven by demand for Python for finance and Tableau/Power BI.

Is This A Good Salary?

Excellent

Adjusted for local cost of living, this salary delivers top-tier real purchasing power - well above what the same nominal pay would buy in most US metros. Strong savings, home-buying, and discretionary spending are all realistic.

COL-Adjusted Purchasing Power
$103,415
Comfortable lifestyle with strong savings potential - the median paycheck stretches well above the national average here.

How to Negotiate Your Financial Analyst Salary in Memphis

Walk-away anchor: $78,485 (offers below this are below market for Memphis).

Leverage Points

  • Bonus targets and historical payout percentages (ask for last 3 years actual)
  • Profit-share, carry, or AUM-linked compensation for senior roles
  • CFA, CPA, or Series licenses materially shift base compensation
  • Buyout of unvested deferred comp from your current employer

Beyond Base Salary, Negotiate

Guaranteed first-year bonus (especially in IB, PE, hedge funds)Sign-on / make-whole for forfeited deferred compCarried interest or profit-share at PE/HF/VC firmsCFA / Series exam fees and study time off401(k) match and deferred comp plan

What To Say

"I'm walking away from $X in unvested deferred compensation if I leave now. Can we structure the offer with a sign-on that makes me whole, plus a guaranteed first-year bonus floor?"

Anchor on $128K–$154K for experienced roles, citing Memphis market data and your specific Python for finance/Tableau/Power BI expertise.

Financial Analyst Salary FAQ — Memphis

What is the average Financial Analyst salary in Memphis, TN?
The average Financial Analyst salary in Memphis is $87,903 per year as of April 2026 — $7,325/month, $1,690/week, or about $42/hour. Salaries range from $57,200 (entry, 25th percentile) up to $154,000 (experienced, 90th percentile). Source: BLS Occupational Employment and Wage Statistics adjusted for Memphis's cost-of-living multiplier (0.88×).
Is $87,903 a good Financial Analyst salary in Memphis?
Excellent. Adjusted for local cost of living, this salary delivers top-tier real purchasing power - well above what the same nominal pay would buy in most US metros. Strong savings, home-buying, and discretionary spending are all realistic. Memphis's cost-of-living index is 85 (vs 100 nationally), giving $87,903 a real purchasing power of approximately $103,415 in national terms. Comfortable lifestyle with strong savings potential - the median paycheck stretches well above the national average here.
Can you live on $87,903 in Memphis?
Median local pay typically supports a single-earner family of four with a starter home, modest college savings, and standard healthcare costs covered. Stay under 25% of pre-tax income on rent. In this market, that is realistic on most professional salaries and leaves room for retirement contributions. For Memphis specifically (median home price $175,000), a $87,903 salary supports a comfortable lifestyle.
Is $87,903 enough for a single person in Memphis?
A single adult in Memphis typically needs ~$38,250 for a comfortable lifestyle (housing, food, transport, healthcare, modest savings). A $87,903 salary is well above that threshold — a single person can live comfortably with significant savings room.
Is $87,903 enough for a couple in Memphis?
A couple (one earner) in Memphis typically needs ~$61,200 for a comfortable lifestyle. A $87,903 salary as the sole household income is sufficient — enabling moderate housing, savings, and discretionary spending. Two earners at $87,903 each ($175,806 household) provides solid middle-class comfort.
Is $87,903 enough for a family of 4 in Memphis?
A family of 4 (one earner) in Memphis typically needs ~$93,500 for a comfortable middle-class lifestyle (housing for 4, childcare/school, food, healthcare, transport, savings). A $87,903 salary as the sole household income is below the comfortable threshold — most families need a second income or to live in cheaper suburbs/exurbs of Memphis. Childcare costs in Memphis typically run $13K-$24K per child per year.
What is the take-home pay for a Financial Analyst in Memphis?
On a $87,903 Financial Analyst salary in Memphis, TN, you take home approximately $70,137.761 per year ($5,845/month, $2,698 per biweekly paycheck) after taxes. Breakdown: federal $11,040.66, state $0, FICA $6,724.58. Effective tax rate: 20.2%. (Single filer, standard deduction, no other adjustments.)
How much do Financial Analysts in Memphis earn compared to the US average?
Financial Analysts in Memphis earn approximately 12% less than the US national median for this role ($99,890 nationally vs $87,903 in Memphis). However, Memphis's cost-of-living index of 85 means real purchasing power is approximately $103,415 when adjusted for local prices.
What does an entry-level Financial Analyst earn in Memphis?
Entry-level Financial Analysts in Memphis typically start at around $61,600 (0–2 years experience). With 5+ years, Financial Analysts earn $127,600 or more. Top earners (90th percentile) reach $154,000+, typically at senior or lead levels with specialized skills.
Did Financial Analyst salaries in Memphis increase in 2026?
Yes — Financial Analyst salaries in Memphis grew approximately 410.0% year-over-year, from $17,236 in 2025 to $87,903 in 2026 (+$70,667). This reflects the broader Finance sector's compensation trend, driven by Python for finance and Tableau/Power BI demand.
What's the job outlook for Financial Analysts in Memphis?
Financial analyst roles growing 9%. Strong demand at hedge funds, PE firms, and corporate finance. Memphis's top industries include Logistics (FedEx), Healthcare, Manufacturing, and the metro's current unemployment rate is 4.5% — steady demand for skilled workers.
What skills are most in demand for Financial Analysts in 2026?
The hottest 2026 skills for Financial Analysts are: Python for finance, Tableau/Power BI, SQL, CFA, AI/ML in finance. ATS systems specifically scan for these keywords. Adding them to your resume — naturally and in context — significantly improves your match rate with employers in Memphis.
Who are the top employers hiring Financial Analysts in Memphis?
Top employers hiring Financial Analysts in or near Memphis include: JPMorgan, Goldman Sachs, Morgan Stanley, Bank of America, BlackRock, Bridgewater. Most use ATS software (Workday, Greenhouse, Taleo, iCIMS) to screen resumes — meaning your resume must be ATS-optimized to even get a human reader.
How do I negotiate a higher Financial Analyst salary in Memphis?
I'm walking away from $X in unvested deferred compensation if I leave now. Can we structure the offer with a sign-on that makes me whole, plus a guaranteed first-year bonus floor? Key leverage points for Finance negotiations: Bonus targets and historical payout percentages (ask for last 3 years actual); Profit-share, carry, or AUM-linked compensation for senior roles; CFA, CPA, or Series licenses materially shift base compensation. Beyond base salary, negotiate for: Guaranteed first-year bonus (especially in IB, PE, hedge funds), Sign-on / make-whole for forfeited deferred comp, Carried interest or profit-share at PE/HF/VC firms, CFA / Series exam fees and study time off.
How can I increase my Financial Analyst salary in Memphis?
Three highest-leverage moves: (1) Add 2026's hot skills (Python for finance, Tableau/Power BI, SQL) — they command 15-30% premiums. (2) Get a recognized certification (e.g., CFA or FRM). (3) Tailor your resume to each role's keywords — CVCraft's ATS scanner shows you exactly what's missing.
What education do I need to become a Financial Analyst in Memphis?
Bachelor's degree in finance/economics; CFA preferred is the typical path. However, Memphis's competitive market increasingly values demonstrable skills, portfolios, and certifications alongside (or in place of) traditional degrees — particularly for Finance roles.

Methodology & Sources

Financial Analyst salary figures for Memphis are computed by adjusting the BLS national median ($99,890) by Memphis's cost-of-living multiplier of 0.88× — a composite of regional wage data and price parities. Year-over-year change (410.0%) reflects the Finance sector's 2025-2026 wage growth per BLS Employment Cost Index trends. Last reviewed April 28, 2026.

Data Sources

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Financial Analyst Salary in Other Cities

Jacksonville, FL$92KEl Paso, TX$85KNashville, TN$100KOklahoma City, OK$88KLouisville, KY$91KAlbuquerque, NM$90KTucson, AZ$90KTulsa, OK$88K

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