Physician Salary in Memphis, TN
Physician 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.
Physician Salary in Memphis, TN — 2026
The median Physician salary in Memphis, TN is $183,180 per year ($15,265/month, $88/hr). This reflects the local cost of living index of 86, which is 14% below the national average.
Physician Take-Home Pay in Memphis
Tax Breakdown (Median Salary)
| Gross Annual | $183,180 |
| Federal Tax | -$33,210 |
| State Tax (0.0%) | -$0 |
| FICA (SS + Medicare) | -$13,574 |
| Annual Take-Home | $136,395 |
| Monthly Take-Home | $11,366 |
Living Cost Comparison
Physician 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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Frequently Asked Questions
What is the average Physician salary in Memphis, TN?
How much does a Physician take home in Memphis after taxes?
Is Memphis a good city for Physicians?
What skills are needed for a Physician in Memphis?
How does Physician salary in Memphis compare to the national average?
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Frequently Asked Questions
What is the average Physician salary in Memphis, TN?
The median Physician salary in Memphis, TN is $183,180 per year as of 2026. This is adjusted for the local cost of living index of 86. Entry-level Physicians earn around $149,640, while senior-level professionals can earn $259,720 or more.
How much does a Physician take home in Memphis after taxes?
A Physician earning the median salary of $183,180 in Memphis, TN takes home approximately $136,395 per year ($11,366/month) after federal, state, and local taxes. The effective tax rate is 25.5%.
Is Memphis a good city for Physicians?
Memphis, TN has a cost of living index of 86 (below national average). Physicians 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 Physician in Memphis?
Key skills for Physicians include Diagnosis, Treatment Planning, Patient Communication, Clinical Research, EHR. Typical education requirement is Doctor of Medicine (MD). Valuable certifications include USMLE, Board Certification, State Licensure.
How does Physician salary in Memphis compare to the national average?
The national median Physician salary is $213,000. In Memphis, the adjusted salary is $183,180, which is 14.0% lower than the national average, reflecting the local cost of living.