salary information

Salary Information for a Product Management in Memphis, TN

Median salary:

This data reflects Total Cash for a Level 4 Product Management at a mid-size company. To get more detailed information on total compensation for the role of Product Management in Memphis, TN, including base pay, total cash, and equity by job level, region and company size, please join OpenComp.

Behind the numbers

What is the adjusted total comp for a Product Management in Memphis, TN?

Total Comp (TC)

Cost of Living (COL) Index

COL-Adjusted TC

Median Home Price

Total Comp (TC)

Cost of Living (COL) Index

COL-Adjusted TC

Median Home Price

What are the responsibilities of a Product Management in Memphis, TN?

Leads teams to set the strategy, roadmap, and feature definition for a product or product line using deep product expertise make strategic product decisions. Selects, develops and retains team members to drive success of the team/department/function.

What are the characteristics of a level 4 Product Management?

A level 4 Product Management in Memphis, TN is often a key partner with senior management to drive company objectives and creatively achieve goals.

Quality of Life in Memphis, TN for an Income of $166,575

Overview

Living in Memphis, TN, with an annual income of $166,575 offers a comfortable quality of life, significantly influenced by the city's relatively low cost of living and affordable housing market compared to the national average.

Cost of Living

Overall Affordability: Memphis has a cost of living that is lower than the national average, making everyday expenses such as groceries, transportation, and utilities more manageable.
Tax Advantages: Tennessee does not impose a state income tax, which enhances disposable income.
Entertainment and Dining: The vibrant cultural and dining scenes in Memphis are accessible, providing opportunities for entertainment and leisure without high expenses.

Housing Market

Home Prices: The median home price in Memphis is notably lower than the U.S. average, enabling individuals with a higher income to afford larger or more luxurious homes.
Real Estate Market: There is a diverse range of housing options, from historic properties to modern developments, catering to various tastes and lifestyles.

Quality of Life

Community and Culture: Memphis is renowned for its rich musical history, including blues and rock 'n' roll, providing a strong sense of cultural identity and community.
Work-Life Balance: The city offers a mix of urban amenities and suburban tranquility, supporting a balanced lifestyle.

Access to Healthcare

Healthcare Facilities: Memphis has several reputable healthcare facilities and hospitals, ensuring access to quality medical care.
Healthcare Costs: Healthcare expenses are relatively standard, though health insurance and specific treatments should be carefully considered.

Quality of K-12 Schools

Public and Private Options: The city offers a range of public and private schools, though the quality can vary significantly.
Educational Initiatives: Various educational initiatives and programs are in place to support student achievement and parental involvement.

Summary

Overall, an income of $166,575 allows for a comfortable life in Memphis, TN, with excellent opportunities for home ownership, a lower cost of living, and a rich cultural experience. While healthcare and educational quality can vary, the city's amenities and economic benefits provide a robust environment for a high quality of life.

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OpenComp aggregates multiple data sources to provide accurate salary data for Memphis, TN, specifically for a Level 4 Product Management. The primary source is real-time, crowd-sourced salary information collected through direct integrations with hundreds of customer-connected HRIS platforms.