Real Estate Sales Agents salary in Memphis, TN

Median pay for real estate sales agents in Memphis, TN: $38,460/yr

Typical range (10th–90th percentile): $29,130 – $86,990 · about 630 employed locally

Below the typical metro median ($50,020) by −$11,560 (-23%).

What it's really worth in Memphis

With Memphis's cost of living at 92 (US=100), that $38,460 has the buying power of about $41,828 in an average-cost US metro.

Local context: median household income $62,178 · median home $247,229 · median rent $1,441/mo.

Full Memphis cost of living & taxes →

How Memphis ranks for this job

On raw pay, Memphis, TN is 145th of the 167 metros we hold real estate sales agents wages for. Once Memphis's cost of living is applied, it ranks 149th.

Pay and living costs are roughly in step here, so Memphis sits in much the same place whether you look at raw salary or spending power.

What that salary buys in Memphis

A median home in Memphis, TN costs $247,229 — about 6.4× this salary, against a typical US metro figure of 4.7×. Buying is harder here than in the average metro on this income.

Median rent of $1,441/mo works out at 45% of gross pay — above the conventional 30% affordability ceiling, so renting would stretch this salary.

Where real estate sales agents earn more

Pay on its own is only half the picture, so each row shows what rent costs there relative to Memphis.

Metro	Median pay	vs Memphis	Rent vs Memphis
New York, NY	$103,960	+170%	2.4×
Buffalo, NY	$83,670	+118%	1×
Rochester, NY	$83,200	+116%	1.1×
Seattle, WA	$80,950	+110%	1.5×

Same job elsewhere in TN

Metro	Median pay	vs Memphis	Rent vs Memphis
Kingsport, TN	$41,960	+9%	0.9×
Chattanooga, TN	$38,870	+1%	1.1×
Knoxville, TN	$38,520	+0%	1.2×
Nashville, TN	$38,080	−1%	1.2×

Staying in TN keeps state income tax and licensing the same, which makes these the most directly comparable moves.

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