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Industrial Design Degree in Memphis, TN — Salary & ROI 2026

Industrial Design 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

$76K

COL-adjusted

ROI Payback

6.9 yrs

in Memphis

Cost of Living

93

index (100 = avg)

Industrial Design 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. Industrial Design enrollment is stable nationwide, with steady demand for graduates skilled in CAD/3D Modeling and Prototyping. The adjusted starting salary in Memphis is approximately $46,500, growing to $76,260 by mid-career.

Category

Arts & Design

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%

Industrial Design Salary in Memphis (COL-Adjusted)

Salaries adjusted for Memphis's cost of living index of 93 (national average = 100).

Entry Level (0-2 yrs)
$46,500($-3,500 vs national)
Mid Career (5-9 yrs)
$76,260($-5,740 vs national)
Senior Level (15+ yrs)
$93,000($-7,000 vs national)

Note: National average Industrial Design salary: $50,000 starting, $82,000 mid-career, $100,000 senior level.Memphis adjustment factor: 0.93x based on the local cost of living index.

Industrial Design ROI Calculator for Memphis

Estimate your return on investment for a Industrial Design 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

$387,272

Lifetime earnings premium ($483,600) minus total education cost ($96,328)

Student Loan Payoff for Industrial Design in Memphis

Standard Plan (10 years)

Loan Amount$96,328
Monthly Payment$1,094
Total Interest$34,926
% of Monthly Income28%

Aggressive Plan (5 years)

Loan Amount$96,328
Monthly Payment$1,885
Total Interest$16,758
Interest Savings$18,168

Colleges in Memphis for Industrial Design

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 Industrial Design in Memphis

Memphis offers opportunities in Design agencies, Studios, Tech companies for Industrial Design graduates. National top employers in this field include:

AppleIDEOSamsungDysonTesla

Key Memphis Hiring Sectors for Arts & Design

Design agencies

Studios

Tech companies

Advertising firms

Media companies

Common Industrial Design Job Titles

Industrial DesignerProduct DesignerDesign Strategist

Industrial Design 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 Industrial Design ROI in other cities, or explore other majors in Memphis.

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