Physician Salary in Memphis, TN
Bureau of Labor Statistics OEWS Survey
Median Annual Salary
$215,761
Hourly Rate
$103.73
/hour
Jobs in Area
252
employed
Physician Salary Range in Memphis, TN
Annual Salary Range
$144k
10th percentile
$173k
25th
$260k
75th
$302k
90th percentile
Salary Breakdown by Percentile
| Percentile | Annual Salary | Hourly Rate |
|---|---|---|
| 10th Percentile (Entry Level) | $143,935 | $69.20 |
| 25th Percentile | $173,028 | $83.19 |
| Median (50th Percentile) | $215,761 | $103.73 |
| 75th Percentile | $259,639 | $124.83 |
| 90th Percentile (Top Earners) | $301,746 | $145.07 |
| Average (Mean) | $237,275 | $114.07 |
Frequently Asked Questions
The average Physician salary in Memphis, TN is $215,761 per year or $103.73 per hour as of 2024. This is based on data from the U.S. Bureau of Labor Statistics Occupational Employment and Wage Statistics survey.
About This Data
Salary data is sourced from the U.S. Bureau of Labor Statistics Occupational Employment and Wage Statistics (OEWS) survey for 2024. The geographic area covered is the Memphis Metropolitan Statistical Area.
Last updated: 1/23/2026
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How Memphis, TN Compares
vs National Average
$239,200
vs Tennessee Average
$252,586
Cost-of-Living Adjusted
$245,741
Cost of living in Memphis, TN is 12.2% below the national average.
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