Pharmacist Salary in Memphis, TN
Pharmacist salary data for Memphis, TN — adjusted for local cost of living. Entry-level to senior pay ranges, take-home pay calculator, and local job market insights.
Pharmacist Salary in Memphis, TN — 2026
The median Pharmacist salary in Memphis, TN is $113,520 per year ($9,460/month, $55/hr). This reflects the local cost of living index of 86, which is 14% below the national average.
Pharmacist Take-Home Pay in Memphis
Tax Breakdown (Median Salary)
| Gross Annual | $113,520 |
| Federal Tax | -$16,588 |
| State Tax (0.0%) | -$0 |
| FICA (SS + Medicare) | -$8,684 |
| Annual Take-Home | $88,247 |
| Monthly Take-Home | $7,354 |
Living Cost Comparison
Pharmacist Requirements
Key Skills
Memphis Job Market Overview
Memphis, Tennessee has a population of 633,104 and an unemployment rate of 4.2%. The top industries are Logistics, Healthcare, Manufacturing. The local job growth rate is 1.0%, and the average commute time is 24 minutes.
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Pharmacist Salary in Nearby Tennessee Cities
Frequently Asked Questions
What is the average Pharmacist salary in Memphis, TN?
How much does a Pharmacist take home in Memphis after taxes?
Is Memphis a good city for Pharmacists?
What skills are needed for a Pharmacist in Memphis?
How does Pharmacist salary in Memphis compare to the national average?
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Frequently Asked Questions
What is the average Pharmacist salary in Memphis, TN?
The median Pharmacist salary in Memphis, TN is $113,520 per year as of 2026. This is adjusted for the local cost of living index of 86. Entry-level Pharmacists earn around $92,020, while senior-level professionals can earn $122,980 or more.
How much does a Pharmacist take home in Memphis after taxes?
A Pharmacist earning the median salary of $113,520 in Memphis, TN takes home approximately $88,247 per year ($7,354/month) after federal, state, and local taxes. The effective tax rate is 22.3%.
Is Memphis a good city for Pharmacists?
Memphis, TN has a cost of living index of 86 (below national average). Pharmacists here earn above the city median. The local unemployment rate is 4.2% and top industries include Logistics, Healthcare, Manufacturing.
What skills are needed for a Pharmacist in Memphis?
Key skills for Pharmacists include Medication Management, Drug Interactions, Patient Counseling, Compounding, Clinical Pharmacology. Typical education requirement is Doctor of Pharmacy (PharmD). Valuable certifications include NAPLEX, State Licensure, BPS Certification.
How does Pharmacist salary in Memphis compare to the national average?
The national median Pharmacist salary is $132,000. In Memphis, the adjusted salary is $113,520, which is 14.0% lower than the national average, reflecting the local cost of living.