Top 10 Best Paid Tech Job in Memphis in 2024
Last Updated: December 15th 2024
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Memphis is set to become a tech hub in 2024, with tech jobs like software engineers, IT managers, and AI/ML engineers offering lucrative salaries, some reaching up to $168,803 annually. The Memphis tech workforce is projected to grow at twice the rate of overall employment, with key industries including healthcare IT, logistics tech, and e-commerce driving this boom. Opportunities abound in this affordable, strategically-located city, with a median tech salary surpassing $104,556, supported by initiatives like Tech901 and CodeCrew to diversify the tech talent pool.
Looking for the latest updates? Check out the 2025 version of this article here.
If you're eyeing a career in tech and Memphis is on your radar, you're in luck - this city's tech game is booming hard and the forecast says it'll keep climbing rapidly by 2024.
According to the latest CompTIA research, the Memphis tech workforce is projected to expand at twice the rate of overall employment over the next decade. The median tech salary here is a solid $104,556, more than double the average across all occupations.
Talk about a major payoff!
What's fueling this surge, you ask? Well, Memphis' affordability and strategic location make it a prime spot for major tech giants and up-and-coming startups to plant their flags.
Key industries driving the high demand for tech talent include healthcare IT, logistics tech, fintech, and e-commerce.
Plus, with organizations like Tech901 and CodeCrew actively training and mentoring underrepresented groups in tech skills, Memphis is cultivating a diverse and skilled workforce to meet this growing need.
Memphis is quickly becoming a hub for cutting-edge innovations too.
Companies like St. Jude are pioneering groundbreaking AI applications in healthcare, solidifying the city's reputation as a major player in the tech arena.
And with a wealth of resources like coding bootcamps from Nucamp, scoring your dream tech gig in Memphis might be easier than you think. The future of tech is beckoning, and Memphis is where it's at!
Table of Contents
- Methodology for Ranking Memphis Tech Jobs
- Software Engineer Salaries in Memphis
- Data Scientist Earning Potential
- IT Manager Positions and Compensation
- Cybersecurity Analyst Remuneration
- Cloud Architect Salary Trends
- DevOps Engineer Pay Scale
- AI/ML Engineer Earnings
- UX/UI Designer Salary Insights
- Database Administrator Job Salaries
- Frequently Asked Questions
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Methodology for Ranking Memphis Tech Jobs
(Up)To give y'all the real deal on the best-paying tech gigs in Memphis for 2024, we took a close look at the facts and did our homework. We hit up the Bureau of Labor Statistics, Glassdoor, PayScale, and checked out what the Memphis Tech Workforce Partnership had to say about the local scene.
Here's how we ranked these hot tech roles:
- Average Annual Salary: We scoped out the latest salary data for Memphis, considering factors like experience, industry, and company size. Salary data remains a key metric for analysis.
- Job Growth Projections: Roles with a higher expected growth rate in Memphis through 2024 got a boost, ensuring these gigs will be in demand for the long haul. Growth projections influence job stability.
- Skill Demand: Positions requiring skills and certs that are highly sought-after in the local job market ranked higher, keeping things relevant. Skill demand drives hiring trends.
The city's tech industry is expected to see a 14% increase in job opportunities by 2024, outpacing the national average.
With roles offering a solid salary and steady demand, you'll be set for a rewarding career path.
Software Engineer Salaries in Memphis
(Up)Software engineers are the masterminds behind the digital world we live in, building the software that powers our lives. In Memphis, these tech wizards play a major role in the city's booming tech scene.
The latest projections show that the average salary for software engineers in Memphis is expected to hit $109,200 by 2024, and it's only going up from there.
There are a few key things that can seriously boost a software engineer's paycheck in Memphis.
First up, being a pro at in-demand programming languages and frameworks like Python, Java, and React can make you a hot commodity and send your earnings soaring.
Skills in cutting-edge fields like cloud computing, cybersecurity, and AI are also highly valued and can earn you some serious cash. In this fast-paced industry, continuously learning and leveling up your skills is crucial to staying ahead of the game.
The industry you work in also plays a big part in how much you can make as a software engineer in Memphis.
Sectors like healthcare, finance, and logistics tend to offer competitive pay to attract top tech talent. Experience and seniority are also major factors. Entry-level software engineers in Memphis can expect around $68,000 on average, while seasoned pros with over 10 years of experience can easily make above $110,000.
To really crush it as a software engineer in Memphis, you need a well-rounded skill set.
Sure, technical skills are crucial, but employers also highly value:
- Problem-solving and analytical thinking
- Effective communication and teamwork
- Attention to detail and code quality
- Adaptability and a willingness to keep learning
As the Memphis tech scene keeps growing, the demand for skilled software engineers is only going to increase, creating lucrative career opportunities for those who invest in their skills and stay ahead of the curve.
Data Scientist Earning Potential
(Up)Memphis is blowing up for data scientist jobs, and the money these roles are raking in is insane! By 2024, we could see the average annual salary hit a mind-blowing $110,857 according to the latest intel.
That's a massive jump from the current numbers. For real, data scientists are becoming absolute MVPs in this tech-driven world.
It's not just about the cash flow.
These data wizards possess skills that are straight-up fire. They're coding masters, juggling languages like Python and R like it's nothing. Plus, they've got a crazy grip on statistics, machine learning, and data mining techniques that would make your head spin.
And let's not forget their ability to spin complex data into captivating stories that even your grandma could understand.
Landing one of these high-paying gigs isn't for the faint of heart though.
You'll need to step up your game and develop a diverse skillset that blends technical prowess with strong business savvy. It's like being a superhero with coding powers and a sharp entrepreneurial mindset.
But hey, if you've got what it takes, the opportunities in Memphis are endless. Just imagine rolling up to the office in your whip, knowing you're about to crush it as a data scientist at a top company like St.
Jude. That's the dream, right?
IT Manager Positions and Compensation
(Up)As the tech scene in Memphis keeps growing, IT managers are becoming super important for companies to stay on top of their game.
By 2024, these tech leaders are expected to rake in an average salary of around $112,570 according to the latest predictions, which is a pretty sweet deal.
An IT manager's role is all about keeping the tech side of things running smoothly.
They've got a ton of responsibilities like:
- Developing and implementing strategies: Creating and implementing tech strategies that align with the company's goals.
- Efficient resource management: Managing the IT team and projects, making sure resources are used efficiently.
- Performance and security oversight: Keeping an eye on system performance, security, and compliance stuff.
- Budget and vendor management: Overseeing budgets, relationships with vendors, and planning for future tech needs.
The industries that are really hungry for IT managers in Memphis include healthcare and medical services, finance and banking, manufacturing and logistics companies, and educational institutions or e-learning platforms.
These places can't function properly without someone leading the charge on the tech front.
According to the Memphis Technology Council, they understand how crucial IT managers are, as stated in this quote:
"In today's digital world, IT managers are the glue holding everything together, ensuring technology and business goals are aligned." - Dr. Charles Brown, President, Memphis Technology Council
With companies relying more and more on technology, the demand for skilled IT managers in Memphis is only going to skyrocket, making it one of the hottest and highest-paying tech jobs in the area.
Cybersecurity Analyst Remuneration
(Up)Cybersecurity is like the new hot thing, and cybersecurity analysts are in crazy demand these days.
As tech keeps evolving, these pros are essential for protecting sensitive data from hackers and cyber threats. According to a recent report, the job market for cybersecurity analysts is predicted to grow twice as fast as other occupations over the next decade.
Here in Memphis, analysts can expect some solid paychecks.
The average salary is around $75K per year, but experienced analysts with certifications like the CISSP or CEH can earn over $104K annually.
It's a lucrative field, especially if you have the right skills – programming, networking, risk assessment, and problem-solving abilities.
Beyond the money, cybersecurity offers an ever-evolving challenge.
As technology advances, cybercriminals find new ways to hack and disrupt, so analysts must constantly stay ahead of the game. It's a field that keeps you on your toes, which is exciting for tech-savvy folks who thrive on continuous learning and innovation.
Overall, if you're into cutting-edge tech and problem-solving, a career in cybersecurity could be a smart move, especially in a city like Memphis where the industry is thriving.
With the right training and certifications, you could land a high-paying job that's constantly challenging and rewarding.
Cloud Architect Salary Trends
(Up)Memphis is seriously heating up, and the role of cloud architects is crucial in this tech explosion.
In 2024, these pros are gonna be the driving force behind digital transformation, helping businesses tap into the power of cloud computing for next-level scalability, efficiency, and cost savings.
With Memphis' tech scene booming, skilled cloud architects are in high demand and cashing in big time.
The average cloud architect salary range in Memphis for 2024 is a staggering $105,000 to $140,000 annually.
That's some serious dough, reflecting just how badly companies need these tech wizards to design, implement, and manage cloud-based solutions. Of course, factors like experience, industry, and certifications can make that paycheck even fatter.
But to really slay as a cloud architect in Memphis, you gotta have the skills to match the ever-evolving cloud landscape.
Some of the hottest cloud-based skills for 2024 include:
- Mastering cloud platforms like AWS, Microsoft Azure, and Google Cloud
- Becoming a DevOps ninja, with expertise in containerization (Docker, Kubernetes) and infrastructure as code (IaC)
- Having a solid grasp of cloud security, compliance, and governance
- Knowing the ins and outs of cloud migration strategies and hybrid/multi-cloud architectures
- Understanding serverless computing, microservices, and cloud-native app development
As businesses keep embracing cloud tech, the demand for cloud architects in Memphis is only going to skyrocket.
Industry experts are saying,
Cloud computing isn't a luxury anymore; it's a must-have for businesses wanting agility, scalability, and cost-efficiency.
With the right skills and certs, cloud architects can unlock a world of lucrative opportunities in Memphis' booming tech landscape.
DevOps Engineer Pay Scale
(Up)Check this out, the DevOps engineer role in Memphis is seriously hot right now. These tech wizards are the ones making sure software deployments run smoothly and systems stay up and running like a well-oiled machine.
In 2024, the average yearly pay for a DevOps pro in Memphis hits around $92,650 - not too shabby, huh?
But experience matters big time when it comes to cashing in.
If you're just starting out with 1-3 years under your belt, you can expect an average of $75,000. As you level up your skills, the money starts rolling in:
- 4-6 years: Salary ranges from $90,000 - $105,000 as skills are enhanced.
- 7-10 years: Earnings go up to $105,000 - $120,000 with advanced experience.
- Over 10 years: Income exceeds $120,000 due to deep expertise.
Daniel Brown, a DevOps veteran with 8 years of experience, says,
"The more you learn about automation, containerization, and cloud tech, the more valuable you become. Each project adds to your expertise, and that translates into a fatter paycheck."
The industry you work in, the size of the company, and your specific skills can boost your earnings even higher.
If you're a master of tools like Docker, Kubernetes, and AWS/Azure, employers will practically be throwing money at you.
Plus, keeping up with the latest DevOps trends and best practices can seriously up your earning game in Memphis.
AI/ML Engineer Earnings
(Up)Check it! The AI/ML game in Memphis is blowing up like crazy! According to this new report, by 2024, the demand for skilled AI/ML engineers is gonna skyrocket by like 37%! We're talking major cash too - average salaries could hit $131,000 annually.
Talk about a fat paycheck!
You gotta have the right skills to make it in this competitive field. Job listings show that companies are looking for coding ninjas with skills in Python, data analysis, and machine learning algorithms like regression and neural networks.
You'll also need to know your way around deep learning frameworks like TensorFlow and Keras.
The big dogs like FedEx and AutoZone are leading the charge in AI/ML adoption, so they're gonna be hunting for the best talent.
As industry experts say, AI/ML engineers are the key to unlocking valuable insights and optimizing operations.
If you can bring those skills to the table, you're looking at a sweet salary range like this:
Role | Average Salary |
---|---|
Entry-level AI/ML Engineer | $109,143 |
Mid-level AI/ML Engineer | $131,000 |
Senior AI/ML Engineer | $160,757 |
AI/ML Architect | $168,803 |
If you're looking to make some serious bank in the tech world, AI/ML is definitely the way to go.
Just make sure you've got the skills to back it up, and Memphis could be your ticket to a high-paying career in this booming field!
UX/UI Designer Salary Insights
(Up)UX and UI design are straight-up essential in today's tech game, especially in Memphis. Companies know that slick user experiences can make or break their digital products, so they're willing to pay big bucks for designers who can deliver the goods.
According to the data, the average UX/UI designer in Memphis is raking in around $77,667 per year, based on info from Built In.
But that number can vary depending on your experience, the industry you're in, and the size of the company you work for.
For example, entry-level designers might be looking at around $52K, while seasoned pros with over 5 years under their belt could score $90K or more.
Major players like FedEx, AutoZone, and St. Jude Children's Research Hospital are known for throwing down some serious cash to attract top-notch design talent.
And when you're working on products that impact people's lives, killer UX/UI design is an absolute must.
But it's not just about the money.
UX/UI designers get to flex their creative muscles and shape how users interact with digital products and services. They're the ones making sure everything looks slick and functions like a dream.
As businesses in Memphis continue to prioritize seamless user experiences, the demand for skilled designers is only going to keep rising. So, if you've got an eye for design and a passion for crafting intuitive interfaces, this could be your ticket to a seriously rewarding (and well-paid) career in tech.
Database Administrator Job Salaries
(Up)Being a database administrator is like being the boss of the digital information world.
They make sure all the valuable data is safe, organized, and running smoothly. With Memphis popping off as a tech hub, the demand for these data gatekeepers is about to skyrocket in 2024.
According to the Bureau of Labor Statistics, the average paycheck for a database admin in Memphis next year is estimated to be a cool $94,520.
But that's just an average – the real money comes with experience. Entry-level gigs might start around $68,000, but seasoned pros with over a decade under their belt can rake in over $120,000 annually.
The industries hungry for database masterminds in Memphis are diverse, from healthcare and finance to manufacturing and logistics.
As businesses keep relying more on data to stay ahead of the game, database admins will be the MVPs making it all happen behind the scenes. As Robert Lee from FedEx puts it, "In this data-driven age, database admins are the real MVPs – they're the gatekeepers of our most valuable digital assets, keeping the data flowing smoothly for smart business decisions."
Frequently Asked Questions
(Up)What is the average salary for tech jobs in Memphis in 2024?
The median tech salary in Memphis is projected to be $104,556 in 2024, more than double the average across all occupations in the area.
What industries are driving tech job growth in Memphis?
Healthcare IT, logistics tech, fintech, and e-commerce are key industries driving tech job growth in Memphis.
Which tech roles are considered the best-paying in Memphis for 2024?
Top-paying tech roles in Memphis include Cloud Architects, AI/ML Engineers, and IT Managers, with salaries ranging from $105,000 to $168,803 depending on experience and specialization.
How does job growth for tech roles in Memphis compare to the national average?
The tech industry in Memphis is expected to see a 14% increase in job opportunities by 2024, outpacing the national average.
What skills are highly valued for tech positions in Memphis?
In-demand skills in Memphis include programming languages like Python and React, cloud computing, cybersecurity, AI, effective communication, teamwork, and adaptability.
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Chevas Balloun
Director of Marketing & Brand
Chevas has spent over 15 years inventing brands, designing interfaces, and driving engagement for companies like Microsoft. He is a practiced writer, a productivity app inventor, board game designer, and has a builder-mentality drives entrepreneurship.