SOC 29-1216 · Memphis, TN-MS-AR metro

General Internal Medicine Physicians Salary in Memphis, TN

The average salary for general internal medicine physicians in Memphis, Tennessee is $227,630 a year ($109.44 an hour), according to BLS estimates for May 2025. The median is $298,620: half of the 340 people in this job in the Memphis, TN-MS-AR metro area earn more than that, half earn less. That average is 5% less than the U.S. metro average for this job ($240,584).

$227,630average per year

$109.44 / hourMedian $298,620Take-home ≈ $168,496

  • $66K10th
  • $108K25th
  • $299KMedian
  • $310K75th
  • $322K90th

median average · bar = middle 50% of workers

340people in this job
-5%vs U.S. metro average
#4 of 6Tennessee metros
92cost of living (U.S. = 100)
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General Internal Medicine Physicians pay range in Memphis

New workers and the lowest-paid 10% earn about $65,820 a year or less, while the top 10% make $322,260 or more. The middle half of general internal medicine physicians in Memphis earn between $107,710 and $310,480.

  • $66K10th
  • $108K25th
  • $299KMedian
  • $310K75th
  • $322K90th

median average · bar = middle 50% of workers

Pay levelPer yearPer monthPer hour*
Average$227,630$18,969$109.44
Median$298,620$24,885$143.57
Entry level (25th percentile)$107,710$8,976$51.78
Experienced (75th percentile)$310,480$25,873$149.27

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

General Internal Medicine Physicians salary after taxes in Memphis

On the average salary of $227,630, a single filer in Memphis takes home about $168,496 a year, or $14,041 a month and $6,481 every two weeks. Taxes take 26% 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$168,496$14,041
Working in AR$160,274$13,356
Working in MS$160,123$13,344

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

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Is Memphis a good place for general internal 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 $227,630 buys what about $246,943 would buy in a typical U.S. metro. This job pays 6.4 times the median wage of all jobs in Memphis ($46,890). A typical home costs $247,229, or 1.1 years of this average salary before tax.

See what $227,630 is worth in another city

General Internal Medicine Physicians salary in other Tennessee cities

Memphis ranks 4th of 6 Tennessee metro areas for this job; Knoxville pays the most ($366,110).

All General Internal Medicine Physicians salaries in Tennessee

Highest-paying cities for general internal medicine physicians

South Bend, IN pays this job the most of the metro areas we cover ($424,610).

General Internal Medicine Physicians salary by city

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General Internal Medicine Physicians salary in Memphis: questions

How much do general internal medicine physicians make an hour in Memphis?

$109.44 an hour on average, and $143.57 at the median (BLS, May 2025).

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

The lowest-paid 10% earn about $65,820 a year and the 25th percentile is $107,710, a fair guide to starting pay.

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

About $168,496 a year ($14,041 a month) for a single filer on the average salary of $227,630. Tennessee has no state income tax.

Do general internal medicine physicians earn more in Memphis than elsewhere?

The average here is 5% less than the U.S. metro average for this job ($240,584).

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 29-1216; area Memphis, TN-MS-AR (32820). Relative standard error of the mean wage: 2.6%.
  • 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 1.30, this job is 1.3 times as concentrated as in the U.S. overall.

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