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2023 Data

Pharmacist Salary in Memphis, TN

Bureau of Labor Statistics OEWS Survey

Median Annual Salary

$115,405

13.1% vs national

Hourly Rate

$55.48

/hour

Jobs in Area

316

employed

Salary Range$75,716 - $167,998
10th %Median90th %

Pharmacist Salary Range in Memphis, TN

Annual Salary Range

$115k

$76k

10th percentile

$94k

25th

$137k

75th

$168k

90th percentile

Salary Breakdown by Percentile

PercentileAnnual SalaryHourly Rate
10th Percentile (Entry Level)$75,716$36.40
25th Percentile$93,752$45.07
Median (50th Percentile)$115,405$55.48
75th Percentile$137,191$65.96
90th Percentile (Top Earners)$167,998$80.77
Average (Mean)$126,560$60.85

Frequently Asked Questions

The average Pharmacist salary in Memphis, TN is $115,405 per year or $55.48 per hour as of 2023. 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 2023. The geographic area covered is the Memphis Metropolitan Statistical Area.

Last updated: 1/14/2026

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How Memphis, TN Compares

vs National Average

$132,750

-13.1%

vs Tennessee Average

$126,442

-8.7%

Cost-of-Living Adjusted

$131,441

+13.9%

Cost of living in Memphis, TN is 12.2% below the national average.

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