Paycheck Atlas

Is $60k a good salary in Memphis, TN?

workable A $60k salary is 10% below the median household income here ($66,401). After tax you take home about $4,199 a month, and median rent ($1,220) takes 29% of that.

$50,390 take-home a year
Gross pay$60,000
Federal income tax−$5,020
Social Security + Medicare−$4,590
Tennessee income tax (approx.)−$0
Monthly take-home$4,199
Every two weeks$1,938
$65,091What $60k buys in Memphis, TN, expressed in average-US prices (price level 92.2).
29%Rent share of take-home. Under 25% is comfortable, 25–35% workable, above 35% tight.

Jobs that pay about $60k in Memphis, TN

Other salaries in Memphis, TN

Median household income and rent: Census 2024 ACS 5-year. Household income covers all earners, so compare with care if you live alone. Take-home is an estimate for a single filer.