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How much does a physician make in Memphis?

$389,000a year

Median yearly pay for physicians in the Memphis, TN-MS-AR metro area. That is $187.00 an hour or $32,410 a month.

Hourly
$187.00
Vs. national median
+46%
Rank among cities
33 of 340
Jobs in the area
950
Pay range
Lowest 10%: $174,000Median: $389,000Highest 10%: $520,800
PercentileYearlyHourly
10th$174,000$83.65
25th$282,200$135.67
Median$389,000$187.00
75th$498,100$239.45
90th$520,800$250.40

Other cities in Tennessee

Median yearly pay for physicians.

Chattanooga, TN$429,900
Nashville, TN$295,600
Johnson City, TN$280,300
Knoxville, TN$276,400
Clarksville, TN$264,100
Jackson, TN$245,900
Kingsport, TN$124,100
Physician salary in Tennessee Physician salary in all states

Related jobs in Memphis

Same field, median yearly pay.

Orthopedic Surgeon$325,500
General Internal Medicine Physician$298,600
Family Medicine Physician$256,200
Nurse Anesthetist$243,200
Dentist$238,000
Pediatrician$168,200
Pharmacist$134,200
Optometrist$129,100
Veterinarian$125,100
Nurse Practitioner$124,600
Salaries for every job in Memphis, TN

Frequently asked questions

How much does a physician make an hour in Memphis?

The median hourly pay in the Memphis, TN-MS-AR metro area is $187.00 ($389,000 a year).

Do physicians make more in Memphis than the national average?

Yes: $389,000 against $265,900 nationally, 46% more.

How does Memphis compare with the rest of Tennessee?

The median in Tennessee is $301,300, so Memphis pays 29% more.

Where does Memphis rank for physician pay?

33 of 340 metro areas with data.

How much does a physician make starting out in Memphis?

The lowest-paid 10% make $174,000 or less a year; the top 10% make $520,800 or more.

Source: U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics (OEWS): pay in May 2025, published by BLS in 2026. Hourly pay is the yearly figure divided by 2,080 hours.