Memphis Paychecks Stretch Fourth Furthest, Forbes Says

Memphis-area paychecks stretch the fourth furthest in the nation, according to Forbes.

The Bluff City has been ranked among 10 major cities for highest income when adjusted for cost of living. Get the story and full list here.

Forbes looked at the average annual wage in 2011 in the nation’s 51 largest metropolitan statistical areas and adjusted incomes by local prices. Memphis’ 2011 adjusted annual wage was $55,908, compared to the average annual wage of $48,025.