๐Ÿ’ฐ COL Index: 92 โ€” Below Avg Cost

Salaries in Olive Branch, MS

What every job actually pays โ€” cost-of-living adjusted

Updated: February 2026 ยท 27 occupations ยท BLS + Census data

Avg. Salary
$55,707
across 27 roles
COL-Adjusted Avg
$60,289
real purchasing power
Top Paying Role
Software Developer
$124,358
1BR Rent
$785
median monthly

You might assume a town of 46,000 just outside Memphis runs on blue-collar jobs and Walmart paychecks. Not quite. In Olive Branch, a software developer pulls in $124,358โ€”nearly double the cityโ€™s average salary. Thatโ€™s the real story here: a surprising concentration of high-skill tech and professional roles tucked into a low-cost suburban package.

Letโ€™s talk real purchasing power. With a cost of living index of 92.4, your dollar goes about 8% further here than the national average. That $98,421 median household income buys a lot more than it would in a major metro. A one-bedroom apartment runs you just $785 a month. For a software developer, their COL-adjusted salary hits $134,587 in national purchasing power terms. Thatโ€™s a serious lifestyle upgrade.

Whoโ€™s thriving? Itโ€™s a mix. Youโ€™ve got the classic Mid-South industriesโ€”logistics, manufacturingโ€”anchored by big names like FedEx and their massive footprint. But the real wage drivers are in healthcare (Baptist Memorial Hospital-DeSoto is a huge employer) and professional services. Accountants and registered nurses both earn around $84,000, which feels solid when your rent is under eight hundred bucks. Teachers and skilled trades like electricians do okay, too, though theyโ€™re not pulling the top salaries.

Hereโ€™s the honest catch: while the cost of living is a bargain, wages for many roles arenโ€™t exploding. The average salary across all jobs is $55,707, and that COL-adjusted figure is $60,289. Itโ€™s a great place if youโ€™re in tech, healthcare, or a licensed professional. If youโ€™re in a lower-wage sector, youโ€™ll live comfortably, but donโ€™t expect your paycheck to keep pace with national trends. The 3.8% unemployment rate means jobs are there, but the pay ceiling is real.

The data below breaks down exactly who earns what, and how far that money really goes in this deceptively prosperous little city.

๐Ÿ† Top 5 Highest-Paying Jobs in Olive Branch

Ranked by raw salary. See COL-adjusted figures in the full table below.

๐Ÿฅ‡ -2% vs national

Software Developer

$124,358
๐Ÿ’ก COL-Adjusted $134,587
โฑ Hourly $59.79/hr
๐Ÿ“ˆ Job Growth +17.0%
๐Ÿฅˆ -2% vs national

Accountant

$84,117
๐Ÿ’ก COL-Adjusted $91,036
โฑ Hourly $40.44/hr
๐Ÿ“ˆ Job Growth +3.0%
๐Ÿฅ‰ -2% vs national

Registered Nurse

$84,107
๐Ÿ’ก COL-Adjusted $91,025
โฑ Hourly $40.44/hr
๐Ÿ“ˆ Job Growth +6.0%
4๏ธโƒฃ -2% vs national

Elementary School Teacher

$62,218
๐Ÿ’ก COL-Adjusted $67,335
โฑ Hourly $29.91/hr
๐Ÿ“ˆ Job Growth +3.0%
5๏ธโƒฃ -2% vs national

Electrician

$60,146
๐Ÿ’ก COL-Adjusted $65,093
โฑ Hourly $28.92/hr
๐Ÿ“ˆ Job Growth +3.0%

๐Ÿ“‹ Complete Salary Guide โ€” All 27 Occupations in Olive Branch

COL-Adjusted Salary = Raw salary divided by the cost of living index (92/100). Higher = more real purchasing power. This city's COL is below the US average.

# Occupation โ†• Raw Salary โ†•
1 Software Developer $124,358
2 Accountant $84,117
3 Registered Nurse $84,107
4 Elementary School Teacher $62,218
5 Electrician $60,146
6 Real Estate Agent $60,078
7 Heavy Truck Driver $51,879
8 Medical Assistant $48,860
9 Paralegal $48,860
10 Welder $48,860
11 Dental Hygienist $48,860
12 Project Manager $48,860
13 Police Officer $48,860
14 Graphic Designer $48,860
15 Data Analyst $48,860
16 Plumber $48,860
17 Human Resources Specialist $48,860
18 Construction Manager $48,860
19 Carpenter $48,860
20 Physical Therapist $48,860
21 Financial Analyst $48,860
22 Pharmacist $48,860
23 HVAC Technician $48,860
24 Web Developer $48,860
25 Firefighter $48,860
26 Marketing Manager $48,860
27 Nursing Assistant (CNA) $48,860

Source: Bureau of Labor Statistics Occupational Employment Statistics. COL Index from C2ER/ACCRA.

๐Ÿ™๏ธ Living Costs in Olive Branch

๐Ÿ 
1BR Rent
$785/mo
๐Ÿก
2BR Rent
$981/mo
๐Ÿ˜๏ธ
Median Home
$343,750
๐Ÿ“‰
Unemployment
3.8%
๐Ÿ’ณ
Median Income
$98,421
๐ŸŽ“
College Educated
31%
๐Ÿšถ
Walk Score
35/100
๐Ÿ“Š
Cost of Living
92
Below Avg Cost

๐Ÿงฎ Can You Afford to Live in Olive Branch?

Use our Salary Reality Check to see if your specific income covers housing, taxes, and expenses in Olive Branch. Enter your salary and see exactly how far your money goes.

โ“ Olive Branch Salary FAQ

What is the average salary in Olive Branch, MS?

โ–ผ
The average salary across 40 occupations in Olive Branch is $55,707. This figure is based on 2026 projections for the area. The local cost of living index is 92.4, meaning the average salary goes about 7.6% further than the national average.

What jobs pay the most in Olive Branch?

โ–ผ
The highest paying role in Olive Branch is Software Developer, with an average salary of $124,358. This is more than double the area's overall average salary of $55,707. The tech sector typically drives the highest wages in the region.

Is Olive Branch affordable on a Software Developer salary?

โ–ผ
Yes, a Software Developer salary of $124,358 is highly affordable in Olive Branch. The 1BR rent is $785/month, which is just 7.6% of the gross monthly salary ($10,363). The cost of living index of 92.4 further boosts purchasing power.

How does Olive Branch's cost of living affect my paycheck?

โ–ผ
Olive Branch's cost of living index is 92.4, which is 7.6% lower than the national average. This means your paycheck has effectively 7.6% more purchasing power compared to a typical U.S. location. For example, a $55,707 salary here feels like earning about $59,900 nationally.

What salary do you need to live comfortably in Olive Branch?

โ–ผ
To live comfortably, a common benchmark is a salary that covers needs and savings without strain. Using the median household income of $98,421 as a reference for a comfortable lifestyle, this is about 77% more than the area's average salary of $55,707. The low rent of $785/month makes this target more achievable than in higher-cost areas.

๐Ÿ“ Editor's Verdict: Is Olive Branch Worth It?

Here's my honest take: Olive Branch is a strong bet for your wallet. With a cost-of-living index of 92.4 and rents around $785, your paycheck stretches further than in most places. The $55,707 average salary goes a long way here.

The clear winner is tech. Software developers earn a staggering $134,587 after adjusting for the local cost of livingโ€”making this a hidden gem for remote tech workers. Healthcare and trades do fine, but the financial upside in tech is unmatched.

So, is it worth it? For tech professionals, absolutely. For everyone else, it's still a financially sound choice.

My advice: If you're in tech, secure a remote job with a national salary and then move here. You'll get the best of both worldsโ€”big-city pay with small-town costs. It's a financial hack, and it works.

Explore Olive Branch Further