As of March 01, 2025, the average annual salary for an Innovation Analyst V in Memphis, TN is $150,612. Salary.com reports that pay typically ranges from $143,395 to $155,862, with most professionals earning between $136,823 and $160,642.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $166,342 | $13,862 | $3,199 | $80 |
| Average | $160,739 | $13,395 | $3,091 | $77 |
| 25th Percentile | $153,036 | $12,753 | $2,943 | $74 |
An entry-level Innovation Analyst V with under 1 year experience makes about $147,704. With less than 2 years of experience, a mid-level Innovation Analyst V makes around $148,242. After 2-4 years, the Innovation Analyst V pay rises to about $148,458. Those senior Innovation Analyst V with 5-8 years of experience earn roughly $149,535, and those Innovation Analyst V having 8 years or more experience are expected to earn about $150,397 on average.
| Levels | Salary |
|---|---|
| Entry Level Innovation Analyst V | $147,704 |
| Intermediate Level Innovation Analyst V | $148,242 |
| Senior Level Innovation Analyst V | $148,458 |
| Specialist Level Innovation Analyst V | $149,535 |
| Expert Level Innovation Analyst V | $150,397 |
| Entry Level | 8% |
| Mid Level | 8% |
| Senior Level | 8% |
| Top Level | 7% |
| Experienced | 6% |
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