Contractor costs in Memphis, TN

Services indexed

9

Hourly range, avg

$38–$63/hr

Memphis median

$51/hr

Most affordable: Insulation · Premium: Accountant

The Memphis contractor market

Memphis indexes 9 services across 3 categories, with hourly rates spanning $27/hr (Insulation) to $98/hr (Accountant). The city median of $51/hr runs 40% below the national average across all indexed cities. Construction is the largest service block here (5 of 9 services).

Source: BLS OEWS May 2024 wage data adjusted for Memphis cost of living. Read the methodology.

Home Repair & Maintenance

3 services

Construction

5 services

Professional Services

1 service

Frequently asked

7 answers

What's the average hourly rate for home services in Memphis?

Across the 9 home and professional services we index in Memphis, the median consumer rate is $51/hr. Hourly rates span $38/hr at the affordable end to $63/hr at the premium end, depending on service type and contractor.

Which service is most expensive in Memphis?

Accountant carries the highest typical rate in Memphis at $58.92–$98.2/hr. Premium professional and licensed services consistently command the highest rates across our index.

Which service is most affordable in Memphis?

Insulation sits at the lower end of the Memphis index at $27.3–$45.5/hr. Routine maintenance and cleaning categories typically cluster at the bottom of any city's price spread.

How do Memphis rates compare to the national average?

Memphis is 40% below the national average of $86/hr across our 49-city corpus. Local wage data and cost of living drive most of this difference — see the geographic precision note for the underlying data.

Which service category has the broadest coverage in Memphis?

Construction has the most indexed services in Memphis (5 guides), reflecting both local demand and the breadth of BLS wage data available for that segment.

Are these prices what consumers pay, or what workers earn?

Consumer-facing rates. We apply industry-standard 1.5–2.5× multipliers to BLS hourly wages to account for business overhead, insurance, licensing, employer costs, and profit margin. The full calculation is documented in the methodology.

How often is Memphis pricing data updated?

Pricing reflects the BLS OEWS May 2024 release. The next refresh lands when May 2025 data is published in April 2026. Cadence is documented in the update schedule.

Data: BLS OEWS May 2024 · Methodology · Last refreshed January 2026