Physician Salary in Memphis, TN
Bureau of Labor Statistics OEWS Survey
Median Annual Salary
$201,219
Hourly Rate
$96.74
/hour
Jobs in Area
296
employed
Physician Salary Range in Memphis, TN
Annual Salary Range
$134k
10th percentile
$166k
25th
$239k
75th
$290k
90th percentile
Salary Breakdown by Percentile
| Percentile | Annual Salary | Hourly Rate |
|---|---|---|
| 10th Percentile (Entry Level) | $133,875 | $64.36 |
| 25th Percentile | $166,326 | $79.96 |
| Median (50th Percentile) | $201,219 | $96.74 |
| 75th Percentile | $239,093 | $114.95 |
| 90th Percentile (Top Earners) | $289,951 | $139.40 |
| Average (Mean) | $216,856 | $104.26 |
Frequently Asked Questions
The average Physician salary in Memphis, TN is $201,219 per year or $96.74 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
Salary Calculator
Enter your salary to see how it compares to other Physicians in Memphis, TN.
How Memphis, TN Compares
vs National Average
$229,300
vs Tennessee Average
$240,078
Cost-of-Living Adjusted
$229,179
Cost of living in Memphis, TN is 12.2% below the national average.
Physician Salaries in Other Cities
Other Salaries in Memphis, TN
Similar Healthcare Jobs
Explore More
Stay Updated on Salary Trends
Get weekly insights on Physician salaries and career tips delivered to your inbox.
No spam, unsubscribe anytime. We respect your privacy.