Rideshare Driver Salary in Memphis, TN β 2026 Guide
Estimated salaries are adjusted for Memphis's cost of living (index: 84). National data from BLS OEWS 2024; city adjustments reflect local market conditions.
Rideshare Driver Salary in Memphis β Key Numbers
Cost of Living in Memphis
Rent-to-income below 28% is considered affordable; above 35% is cost-burdened. Home price multiple below 3Γ is affordable; above 5Γ is expensive by traditional guidelines.
Job Market in Memphis
Memphis has a metro population of 1,360,000, offering a sizeable job market with strong opportunities across key sectors. The 5.4% unemployment rate is near the national average.
Financial Calculators for Memphis
Other Professions in Memphis
Rideshare Driver Salary β Other Tennessee Cities
Frequently Asked Questions
How much does a Rideshare Driver make in Memphis, TN?
The estimated median salary for a Rideshare Driver in Memphis is $29,400 per year (2026). This is derived from the national BLS median of $35,000 adjusted by Memphis's cost of living index (84). The typical salary range runs from $16,800 (25th percentile) to $42,000 (75th percentile), with top earners reaching $54,600.
Is Memphis affordable for a Rideshare Driver?
On a $29,400 annual salary, a Rideshare Driver in Memphis would spend approximately 37.1% of gross monthly income on median rent ($908/month). This exceeds the 35% cost-burden threshold. Many Rideshare Drivers in Memphis may find housing costs a significant financial pressure. The median home price of $195,000 is 6.6Γ the annual salary.
How does a Rideshare Driver's salary compare to Memphis's overall income?
Memphis's median household income is $50,200. A Rideshare Driver earning the city-adjusted median of $29,400 earns 41.4% less than the typical Memphis household income. This may reflect that the profession is entry-level or that Memphis has a particularly high median household income due to high-earning industries.
Explore More Salary Data
Salary data from U.S. Bureau of Labor Statistics (BLS) OEWS, 2024 release. City salary estimates adjusted by cost of living index. City data from Census Bureau, BLS, Zillow, and ApartmentAdvisor (2024β2025). Last updated: March 2026.