As of March 01, 2025, the average annual salary for an Innovation Director in Memphis, TN is $204,625. Salary.com reports that pay typically ranges from $181,946 to $231,110, with most professionals earning between $161,299 and $255,222.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $246,648 | $20,554 | $4,743 | $119 |
| Average | $218,383 | $18,199 | $4,200 | $105 |
| 25th Percentile | $194,180 | $16,182 | $3,734 | $93 |
An entry-level Innovation Director with under 1 year experience makes about $188,280. With less than 2 years of experience, a mid-level Innovation Director makes around $190,393. After 2-4 years, the Innovation Director pay rises to about $193,211. Those senior Innovation Director with 5-8 years of experience earn roughly $197,437, and those Innovation Director having 8 years or more experience are expected to earn about $202,720 on average.
| Levels | Salary |
|---|---|
| Entry Level Innovation Director | $188,280 |
| Intermediate Level Innovation Director | $190,393 |
| Senior Level Innovation Director | $193,211 |
| Specialist Level Innovation Director | $197,437 |
| Expert Level Innovation Director | $202,720 |
| Entry Level | 14% |
| Mid Level | 13% |
| Senior Level | 12% |
| Top Level | 10% |
| Experienced | 7% |
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