Physical Therapists pay range in Memphis
New workers and the lowest-paid 10% earn about $71,240 a year or less, while the top 10% make $126,090 or more. The middle half of physical therapists in Memphis earn between $80,740 and $111,240.
- $71K10th
- $81K25th
- $100KMedian
- $111K75th
- $126K90th
median average · bar = middle 50% of workers
| Pay level | Per year | Per month | Per hour* |
|---|---|---|---|
| Average | $97,990 | $8,166 | $47.11 |
| Median | $100,000 | $8,333 | $48.08 |
| Entry level (25th percentile) | $80,740 | $6,728 | $38.82 |
| Experienced (75th percentile) | $111,240 | $9,270 | $53.48 |
*Hourly figures assume 2,080 paid hours a year.
Physical Therapists salary after taxes in Memphis
On the average salary of $97,990, a single filer in Memphis takes home about $77,766 a year, or $6,480 a month and $2,991 every two weeks. Taxes take 21% of gross pay.
The Memphis, TN-MS-AR metro area crosses state lines, so take-home pay depends on the state where you work:
| State | Per year | Per month |
|---|---|---|
| Working in TN | $77,766 | $6,480 |
| Working in MS | $74,578 | $6,215 |
| Working in AR | $74,551 | $6,213 |
Single filer, standard deduction: federal income tax (2026 brackets), Social Security, Medicare and no state income tax.
Is Memphis a good place for physical therapists? 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 $97,990 buys what about $106,304 would buy in a typical U.S. metro. This job pays 2.1 times the median wage of all jobs in Memphis ($46,890). A typical home costs $247,229, or 2.5 years of this average salary before tax.
Physical Therapists salary in other Tennessee cities
Memphis ranks 2nd of 10 Tennessee metro areas for this job; Nashville pays the most ($100,180).
- Nashville$100,180
- Memphis$97,990
- Kingsport$97,040
- Clarksville$96,400
- Chattanooga$96,070
- Morristown$95,180
- Jackson$94,850
- Johnson City$94,050
- Knoxville$92,960
- Cleveland$89,170
Highest-paying cities for physical therapists
San Francisco, CA pays this job the most of the metro areas we cover ($145,040).
- San Francisco, CA$145,040
- San Jose, CA$140,090
- Napa, CA$136,360
- Santa Rosa, CA$135,520
- Vallejo, CA$132,660
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Physical Therapists salary in Memphis: questions
How much do physical therapists make an hour in Memphis?
$47.11 an hour on average, and $48.08 at the median (BLS, May 2025).
What is the entry-level physical therapists salary in Memphis?
The lowest-paid 10% earn about $71,240 a year and the 25th percentile is $80,740, a fair guide to starting pay.
What is the physical therapists take-home pay in Memphis?
About $77,766 a year ($6,480 a month) for a single filer on the average salary of $97,990. Tennessee has no state income tax.
Do physical therapists earn more in Memphis than elsewhere?
The average here is 7% less than the U.S. metro average for this job ($105,824).
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 29-1123; area Memphis, TN-MS-AR (32820). Relative standard error of the mean wage: 1.5%.
- 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 0.76, this job is less common than in the U.S. overall (location quotient 0.76).
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