Elementary Education Degree in Memphis, TN — Salary & ROI 2026
Elementary Education degree analysis for Memphis, TN. COL-adjusted salary data, local tuition costs, ROI calculator, and job market outlook.
Starting Salary
$47K
COL-adjusted
Mid-Career
$51K
COL-adjusted
ROI Payback
6.9 yrs
in Memphis
Cost of Living
93
index (100 = avg)
Elementary Education in Memphis, TN Overview
Memphis is one of Tennessee's top college towns, with 22 institutions and a student population of 42,935. Public tuition averages $9,944/year here — well below the national average, making it a cost-effective choice. Although national enrollment in Elementary Education has been declining, graduates with skills in Lesson Planning and Classroom Management remain competitive in the job market. The adjusted starting salary in Memphis is approximately $46,500.
Category
Education
Local Colleges
22
Public Tuition
$9,944/yr
Private Tuition
$44,033/yr
Room & Board
$14,138/yr
Avg Fin. Aid
$10,619/yr
Unemployment
3%
Graduation Rate
72%
Elementary Education Salary in Memphis (COL-Adjusted)
Salaries adjusted for Memphis's cost of living index of 93 (national average = 100).
Note: National average Elementary Education salary: $50,000 starting, $55,000 mid-career, $62,000 senior level.Memphis adjustment factor: 0.93x based on the local cost of living index.
Elementary Education ROI Calculator for Memphis
Estimate your return on investment for a Elementary Education degree using local Memphis tuition and cost of living data.
Public avg: $9,944 | Private avg: $44,033
Memphis avg aid: $10,619/yr
Federal avg: 6.5% | Private: 4-14%
Total Education Cost
$96,328
tuition + room & board - aid
Annual Earnings Premium
$13,950
vs HS diploma in Memphis
ROI Payback Period
6.9 years
to break even
Lifetime Return in Memphis
$164,072
Lifetime earnings premium ($260,400) minus total education cost ($96,328)
Student Loan Payoff for Elementary Education in Memphis
Standard Plan (10 years)
Aggressive Plan (5 years)
Colleges in Memphis for Elementary Education
University of Memphis
public
$9,944/yr
$39,776 total
Rhodes College
private
$52,366/yr
$209,464 total
Christian Brothers University
private
$35,700/yr
$142,800 total
Community Colleges (2-Year Transfer)
Southwest Tennessee Community College
$4,464/yr
Top Employers for Elementary Education in Memphis
Memphis offers opportunities in School districts, Universities, EdTech companies for Elementary Education graduates. National top employers in this field include:
Key Memphis Hiring Sectors for Education
School districts
Universities
EdTech companies
Non-profits
Training organizations
Common Elementary Education Job Titles
Elementary Education in Nearby Tennessee Cities
Nashville, TN
$46K starting · COL 92
35 colleges
Knoxville, TN
$43K starting · COL 85
5 colleges
Chattanooga, TN
$40K starting · COL 80
5 colleges
Clarksville, TN
$45K starting · COL 90
9 colleges
Murfreesboro, TN
$46K starting · COL 91
10 colleges
Franklin, TN
$59K starting · COL 118.5
4 colleges
Jackson, TN
$41K starting · COL 82.5
3 colleges
Johnson City, TN
$53K starting · COL 105
6 colleges
Other Education Majors in Memphis
Instructional Design & Technology
$47K starting · 3.8 yr ROI
Educational Psychology
$47K starting · 5 yr ROI
Higher Education Administration
$47K starting · 5.2 yr ROI
Special Education
$47K starting · 4.8 yr ROI
Music Education
$47K starting · 6 yr ROI
Physical Education
$47K starting · 5 yr ROI
Early Childhood Education
$47K starting · 6 yr ROI
Education
$0 starting · 0 yr ROI
Elementary Education Degree in Memphis — FAQ
Data Sources: Salary data from BLS Occupational Outlook Handbook. Cost of living from BLS Regional Data. College data from NCES/IPEDS. Updated March 2026.
Explore More
Compare Elementary Education ROI in other cities, or explore other majors in Memphis.