Based on the latest Bureau of Labor Statistics OEWS data — updated September 10, 2026.
| Tennessee | National | Difference | |
|---|---|---|---|
| Median annual salary | $99,260 | $102,741 | -3% |
| Median hourly wage | $47.72 | $49.39 | -3% |
Adjusted for local price levels (100 = national average), the cost-adjusted median is $108,009.
| City | Median | Entry Level | Experienced | Cost of Living |
|---|---|---|---|---|
| Nashville | $88,660 | $65,000 | $125,000 | 105 |
| Memphis | $78,021 | $57,200 | $110,000 | 85 |
The median annual salary for a Business Analyst in Tennessee is $99,260, or about $47.72 per hour, according to BLS OEWS data.
The national median for Business Analysts is $102,741. Tennessee is -3% below the national median.
Entry-level business analysts in Tennessee typically earn from $65,000 depending on the city and employer.
With 13,700 business analyst jobs on record and a median salary of $99,260, Tennessee offers competitive pay compared to the rest of the country.
By median annual wage, business analysts rank 85 of the 730 occupations reported in Tennessee — higher than 88% of them.
Among occupations in the same job family, Financial and Investment Analysts at $92,990, Financial Risk Specialists at $90,950, Financial Examiners at $87,110 — all figures are median annual wages for Tennessee.
No. Every figure on this page is a gross (pre-tax) wage. Tennessee has no state income tax on wages, so take-home pay is closer to the gross figures shown here. The state's cost of living index is 92.0 (100 = national average).
By median annual wage, business analysts rank 85 of the 730 occupations reported in Tennessee — higher than 88% of them.
| Occupation in the same job family | Median in Tennessee | Jobs |
|---|---|---|
| Financial and Investment Analysts | $92,990 | $4,910 |
| Financial Risk Specialists | $90,950 | $540 |
| Financial Examiners | $87,110 | $500 |
| Budget Analysts | $86,570 | $1,140 |
| Project Management Specialists | $85,890 | $20,780 |
| Personal Financial Advisors | $84,160 | $3,970 |
Tennessee has no state income tax on wages, so take-home pay is closer to the gross figures shown here. The state's cost of living index is 92.0 (100 = national average).
Ranking and comparison figures come from the same BLS OEWS release as the rest of this page, which covers 730 occupations in Tennessee.