What the numbers say
Memphis sits above the Tennessee median for Financial and Investment Analysts, but below the national figure. The 2024 median annual wage here was $90,920, about 5% higher than the statewide median of $86,580 and roughly 10% below the US median of $101,220. That puts Memphis in a middle position: a stronger market than most of Tennessee, but not at the level of the largest financial centers nationally.
The gap between median and mean is worth noting. The median was $90,920; the mean came in at $119,490, about $28,500 higher. A smaller group of analysts at the top of the pay range pulls the average well above what a typical Memphis analyst earns.
The spread from bottom to top is wide. Analysts at the 10th percentile earned $56,320, while those at the 90th earned $192,100, more than three times as much. The 25th percentile sat at $73,120 and the 75th at $120,730. That range reflects real differences in seniority, specialization, and the type of firm, from community banking to asset management operations that have a presence in the metro.
About 810 Financial and Investment Analysts worked in the Memphis metro in 2024. That is a smaller employment base than you find in Nashville or the major coastal metros, but it represents a defined local market rather than a scattering of isolated positions.
Salary distribution
Where Memphis financial and investment analysts fall on the wage curve.
Shaded band = interquartile range (where most full-time workers fall)
The middle 50% of workers earn between $67,390 and $124,070, with a median of $91,180.
Typical entry
Education
Bachelor's degree
Experience
None
On-the-job training
None
Top skills (O*NET)
Common tasks (O*NET)
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How the Memphis metro compares to other major Tennessee metro areas for financial and investment analysts.
- Nashville$97,490
Frequently asked questions
- What is the median salary for Financial and Investment Analysts in Memphis, Tennessee?
- According to BLS Occupational Employment and Wage Statistics, the median annual wage for Financial and Investment Analysts in the Memphis metropolitan area is $91,180.
- Does Memphis pay more than the Tennessee state average for Financial and Investment Analysts?
- The Memphis metro median is -1.9% versus the Tennessee state median of $92,990.
- How does Memphis compare to the national median for Financial and Investment Analysts?
- The Memphis metro median is -12.4% versus the BLS national figure of $104,114.
- What is the salary range for Financial and Investment Analysts in Memphis?
- BLS reports the 10th-percentile annual wage at $50,660 and the 90th-percentile at $194,000 for the Memphis metro area.
- What education is required for Financial and Investment Analysts?
- BLS lists the typical entry-level education as Bachelor's degree. Many employers also weigh prior experience and credentials.
Information on this page is for general educational purposes only. It is not career, financial, or tax advice. BLS metro estimates reflect the Memphis CBSA boundary for the reference year shown and may not match individual offers, employer-specific ranges, or current market conditions. Confirm with a licensed professional before making career or compensation decisions.