The annual salary statistics of family medicine physicians in Memphis, Tennessee is shown in Table 1. The wage data of family medicine physicians in Memphis is based on the national compensation survey conducted by the U.S. Bureau of Labor Statistics in 2022 and published in April 2023 [1].
| Percentile Bracket | Average Annual Salary |
|---|---|
| 10th Percentile Wage | $107,350 |
| 25th Percentile Wage | $188,040 |
| 50th Percentile Wage | $125,440 |
| 75th Percentile Wage | No Data |
| 90th Percentile Wage | No Data |
Table 1 shows the average annual salary for family medicine physicians in Memphis, Tennessee in 5 percentile scales. The median (50th percentile) annual salary is $125,440. The average annual salary of the 25th percentile is $188,040. The average annual salary for the bottom 10 percent earners is $107,350.
The table and chart below show the trend of the median salary of family medicine physicians from 2012 to 2020. Note that there is no salary data for some years between 2012 and 2022.
| Year | Median Salary | Growth | 1-Year Growth |
|---|---|---|---|
| 2020 | $125,440 | -0.63% | -0.63% |
| 2019 | $126,230 | - | - |
From Table 3 we note that the median annual salary of $125,440 in Memphis is in the middle of salary range for family medicine physicians in state of Tennessee. In comparison, the annual salary of family medicine physicians in Memphis is 46.8 percent (46.8%) lower than that in the highest paying Chattanooga and 35.1 percent (35.1%) higher than that in the lowest paying Eastern Tennessee nonmetropolitan area.