Average Salary in Tennessee
The average salary in the state of Tennessee in 2023 is $56,030 per year.
$56,030 (USD)
per year
$4,669 (USD)
per month
$27 (USD)
per hour
U.S. state rank
#40
out of 54 monitored states and territories in United States.
Country average
-14% lower
than the $65,470 average of United States.
The average salary in Tennessee in 2023 is $56,030 per year. The top 50% of earners in Tennessee earn an average of $43,820 per year, while the top 25% earn an average of $63,030 per year, and the top 10% earn an average of $97,180 per year.
Top earners in Tennessee
Minimum Wage
$7.25 per hour
per hour
The minimum federal wage in United States is $7.25.
Median Salary
$43,820 (USD)
per year
The middle point of a salary distribution, where half of the workers earn more and half earn less.
Bottom 10% Salary
$26,470 (USD)
per year
Bottom 25% Salary
$32,710 (USD)
per year
Top 25% Salary
$63,030 (USD)
per year
Top 10% Salary
$97,180 (USD)
per year
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Average salary history from 2019 to 2023
| Year | Hourly Mean Wage | Monthly Mean Wage | Annual Mean Wage | % Change from Previous Year |
|---|---|---|---|---|
| 2023 | $27 | $4,669 | $56,030 | 6.1% |
| 2022 | $25 | $4,402 | $52,820 | 3.8% |
| 2021 | $24 | $4,111 | $49,330 | 3.8% |
| 2020 | $23 | $3,961 | $47,530 | 4.1% |
| 2019 | $22 | $3,804 | $45,650 | N/A |
About the data
The data on SalaryMonitor.org is sourced from the following sources: the United States Bureau of Labor Statistics (BLS), Eurostat, the Office for National Statistics (UK), the OECD, the International Labour Organization (ILO), and the World Bank. In some cases where the real-world data is missing, the figures are estimated.
FAQ
Salary vs. wage vs. income, what is the difference?
A salary is a fixed annual amount paid to an employee, divided into regular intervals (e.g., monthly or bi-weekly). It doesn't vary based on hours worked, and salaried employees usually don't receive extra pay for overtime. Salaried positions are common in professional and management roles.
A wage is an hourly rate paid to employees based on the number of hours worked. It can fluctuate depending on hours worked, including overtime. Wage-based jobs are often in industries like retail, manufacturing, or labor.
Income refers to the total money earned from various sources, including salary, wages, investments, and passive income. It represents the overall financial earnings over a period, such as monthly or annually. Income can come from employment, business, or other financial assets.
Average vs median salary, what is the difference?
The average is the sum of all salaries divided by the number of salaries. In general, it tends to be skewed by the extremes (very high or very low salaries) and isn't as indicating of what a normal person earns.
The median is the middle point of a salary distribution, where half of the workers earn more and half earn less.