SOC 29-1215 · Memphis, TN-MS-AR metro

Family Medicine Physicians Salary in Memphis, TN

The average salary for family medicine physicians in Memphis, Tennessee is $344,940 a year ($165.84 an hour), according to BLS estimates for May 2025. The median is $256,240: half of the 360 people in this job in the Memphis, TN-MS-AR metro area earn more than that, half earn less. That average is 35% more than the U.S. average for this job ($255,820).

$344,940average per year

$165.84 / hourMedian $256,240Take-home ≈ $243,332

  • $123K10th
  • $127K25th
  • $256KMedian
  • $634K75th
  • $634K90th

median average · bar = middle 50% of workers · how to read it

360people in this job
+35%vs U.S. average
#2 of 7Tennessee metros
92cost of living (U.S. = 100)
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Family Medicine Physicians pay range in Memphis

New workers and the lowest-paid 10% earn about $123,450 a year or less, while the top 10% make $634,140 or more. The middle half of family medicine physicians in Memphis earn between $127,240 and $634,140.

  • $123K10th
  • $127K25th
  • $256KMedian
  • $634K75th
  • $634K90th

median average · bar = middle 50% of workers · how to read it

Pay levelPer yearPer monthPer hour*
Average$344,940$28,745$165.84
Median$256,240$21,353$123.19
Entry level (25th percentile)$127,240$10,603$61.17
Experienced (75th percentile)$634,140$52,845$304.88

*Hourly figures assume 2,080 paid hours a year. Hourly to annual salary.

Family Medicine Physicians pay in Memphis vs. Tennessee and the U.S.

Family medicine physicians in Memphis earn 21% more than the Tennessee average ($284,650) and 35% more than the U.S. average ($255,820). At the median the gap is +5% against the U.S. median of $244,180.

AreaAverageMedian10th pct.90th pct.Jobs
Memphis$344,940$256,240$123,450$634,140360
Tennessee$284,650$226,830$100,290$481,2002,260
United States$255,820$244,180$76,830$428,550107,510

State and U.S. rows: BLS statewide and national estimates, May 2025, which include rural areas.

Family Medicine Physicians salary after taxes in Memphis

On the average salary of $344,940, a single filer in Memphis takes home about $243,332 a year, or $20,278 a month and $9,359 every two weeks. Taxes take 29% of gross pay.

The Memphis, TN-MS-AR metro area crosses state lines, so take-home pay depends on the state where you work:

StatePer yearPer month
Working in TN$243,332$20,278
Working in AR$230,770$19,231
Working in MS$230,266$19,189

Single filer, standard deduction: federal income tax (2026 brackets), Social Security, Medicare and no state income tax.

Tennessee paycheck calculator: try your own salary

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Is Memphis a good place for family medicine physicians? Pay vs. cost of living

Prices in the Memphis area are 8% below the U.S. average (BEA price parity 92.2), so the average $344,940 buys what about $374,207 would buy in a typical U.S. metro. This job pays 5.5 times the median wage of all jobs in Memphis ($46,890). A typical home costs $247,229, or 0.7 years of this average salary before tax.

See what $344,940 is worth in another city

Family Medicine Physicians salary in other Tennessee cities

Memphis ranks 2nd of 7 Tennessee metro areas for this job; Knoxville pays the most ($383,670).

All Family Medicine Physicians salaries in Tennessee

Highest-paying cities for family medicine physicians

Knoxville, TN pays this job the most of the metro areas we cover ($383,670).

Family Medicine Physicians salary by city

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Reviewed before it counts. Family Medicine Physicians in Memphis, TN.

Family Medicine Physicians salary in Memphis: questions

How much do family medicine physicians make an hour in Memphis?

$165.84 an hour on average, and $123.19 at the median (BLS, May 2025).

What is the entry-level family medicine physicians salary in Memphis?

The lowest-paid 10% earn about $123,450 a year and the 25th percentile is $127,240, a fair guide to starting pay.

What is the family medicine physicians take-home pay in Memphis?

About $243,332 a year ($20,278 a month) for a single filer on the average salary of $344,940. Tennessee has no state income tax.

Do family medicine physicians earn more in Memphis than elsewhere?

The average here is 35% more than the U.S. average for this job ($255,820).

Sources and how to read this page

  • Wages: U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics (OEWS), May 2025 estimates for metropolitan areas. SOC code 29-1215; area Memphis, TN-MS-AR (32820). Relative standard error of the mean wage: 20.8%.
  • U.S. and statewide figures: BLS OEWS national and state estimates, May 2025, every employer including rural areas.
  • Cost of living: Bureau of Economic Analysis regional price parities (RPP), 2024; 100 = U.S. average.
  • Home value: Zillow Home Value Index. Typical-wage figure: OEWS all occupations, same metro.
  • Take-home pay: Single filer, standard deduction: federal income tax (2026 brackets), Social Security, Medicare and no state income tax.
  • Job concentration: location quotient 0.85, this job is about as common as in the U.S. overall.

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