Memphis, Tennessee has a population of about 629,063. The city’s median household income is $51,211 (Census ACS 2023, 5-year). About 28.2% of adults 25+ hold a bachelor’s degree or higher. Our directory has 31 accredited schools offering business administration programs near Memphis, with tuition ranging from $4,550 to $68,055 per year for indexed programs. In the Memphis, TN-MS-AR metro area, the top-earning business administration-related role is Financial Manager at a median $134,480 annually (BLS OEWS, May 2024).
The 10 accredited institutions below are the closest among the 31 schools in our directory that offer business administration programs near Memphis. Distances are calculated from Memphis city center.
| School | City | Distance | Tuition | Online |
|---|---|---|---|---|
| Christian Brothers University | Memphis, TN | 1.6 mi | Contact school for pricing | – |
| Remington College-Memphis Campus | Memphis, TN | 2.4 mi | Contact school for pricing | – |
| University of Memphis | Memphis, TN | 2.4 mi | Contact school for pricing | – |
| Le Moyne-Owen College | Memphis, TN | 3.4 mi | Contact school for pricing | – |
| Rhodes College | Memphis, TN | 3.5 mi | $54,892 - $68,055 | – |
| Health-Tech Institute of Memphis | Memphis, TN | 4.5 mi | Contact school for pricing | – |
| Strayer University-Tennessee | Memphis, TN | 4.7 mi | Contact school for pricing | – |
| Visible Music College | Memphis, TN | 4.9 mi | Contact school for pricing | – |
| Southwest Tennessee Community College | Memphis, TN | 7.4 mi | $4,550 - $17,750 | – |
| Arkansas State University Mid-South | West Memphis, AR | 14.2 mi | Contact school for pricing | – |
Source: IPEDS / College Scorecard (2023 cohort). Browse all Tennessee schools on the Tennessee business administration page.
Memphis is part of the Memphis, TN-MS-AR metro area (BLS area code 32820). Where MSA-level wages are published, the table below shows MSA medians; otherwise it falls back to Tennessee statewide.
| Occupation | Median Wage | Source | COL-Adjusted (US=100) |
|---|---|---|---|
| General and Operations Manager | $100,760 | Memphis, TN-MS-AR | $109,284 |
| Administrative Services Manager | $130,310 | Memphis, TN-MS-AR | $141,334 |
| Financial Manager | $134,480 | Memphis, TN-MS-AR | $145,857 |
| Human Resources Manager | $129,650 | Memphis, TN-MS-AR | $140,618 |
| Management Analyst | $86,940 | Memphis, TN-MS-AR | $94,295 |
| Project Management Specialist | $84,350 | Memphis, TN-MS-AR | $91,486 |
| Accountant or Auditor | $74,080 | Memphis, TN-MS-AR | $80,347 |
| Training and Development Specialist | $51,580 | Memphis, TN-MS-AR | $55,944 |
| Office and Administrative Support Supervisor | $66,000 | Memphis, TN-MS-AR | $71,584 |
Source: BLS, May 2024 Occupational Employment and Wage Statistics. The U.S. Bureau of Labor Statistics publishes wage data at the metro (MSA) and state level – not by individual city.
| Metric | Value | Source |
|---|---|---|
| Population | 629,063 | Census ACS 2023 5-yr (B01003) |
| Median household income | $51,211 | Census ACS 2023 5-yr (B19013) |
| Adults 25+ with bachelor’s+ | 28.2% | Census ACS 2023 5-yr (B15003) |
| Regional Price Parity (US=100) | 92.2 (below U.S. average) | BEA RPP 2024 |
| Business Administration-related employment in Shelby County | 18,970 workers, 1,401 establishments | BLS QCEW 2024 annual |
Our directory has 31 accredited schools offering business administration programs near Memphis. The closest is Christian Brothers University in Memphis, TN (1.6 miles), and the farthest in our top picks is Arkansas State University Mid-South (14.2 miles). 0 of the highlighted schools are flagged as offering distance education.
Based on BLS OEWS May 2024 wage data, the top-paying business administration-related roles near Memphis are: Financial Manager ($134,480), Administrative Services Manager ($130,310), Human Resources Manager ($129,650). These reflect MSA-level medians where published, with Tennessee statewide fallback for occupations not reported at the metro level.
Southaven, MS is 10.6 miles from Memphis and has its own set of local business administration programs – see the city’s page. For online programs, distance matters less; for hybrid or in-person formats, comparing both can help.
Memphis’s median household income of $51,211 (Census ACS 2023) is one input. Online programs let students stay in Memphis while attending lower-cost out-of-state schools, and Tennessee public universities often offer reduced in-state online tuition.
Confirm institutional accreditation via the U.S. Department of Education database (U.S. Dept. of Education database), and check for any program-specific accreditation listed by the school.
Data verified: May 5, 2026. Salary, employment, and tuition figures on this page are sourced from the U.S. Bureau of Labor Statistics (OEWS May 2024; Employment Projections 2024–2034) and the U.S. Department of Education College Scorecard (2023 cohort). The source agency and data year are cited inline with every statistic.
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