Nurse Practitioner Salary in Memphis, TN

Nurse Practitioners in the Memphis, TN-MS-AR metro area earn a median $124,600 a year — 6% less than the national median. After 2026 taxes, that is $96,430 take-home, or $8,036 a month.

Median salary
$124,600
$59.90 per hour
Typical range
$83,770 – $154,040
10th to 90th percentile
Jobs in Memphis, TN
1,800
1.42× national concentration

Take-home pay calculator

Pre-filled with the median nurse practitioner salary in Memphis, TN. Enter your own offer to see your paycheck.

Nurse Practitioner in Memphis, TN
Deductions, kids & local tax

2026 tax year. Federal brackets from IRS Rev. Proc. 2025-32.

Your take-home pay
$96,430
per year · effective tax rate 22.6%
$8,036Monthly
$4,018Twice a month
$3,709Every 2 weeks
$46.36Hourly
  • Federal income tax$18,638
  • Social Security (6.2%)$7,725
  • Medicare (1.45%)$1,807
  • Tennessee income tax$0
  • Take-home pay$96,430

Marginal rate: 24% federal + 0.00% state

The Memphis, TN-MS-AR metro spans Tennessee, Mississippi, Arkansas. Pick the state you live in — state income tax follows your residence.

Nurse Practitioner pay by experience in Memphis, TN

PercentileSalaryHourlyTake-home / yrPer month
10th percentile (entry level)$83,770$40.27$67,762$5,647
25th percentile$106,670$51.28$83,872$6,989
Median (50th)$124,600$59.90$96,430$8,036
75th percentile$134,300$64.57$103,060$8,588
90th percentile (top earners)$154,040$74.06$116,552$9,713

Wages: BLS Occupational Employment and Wage Statistics, May 2025. Take-home: single filer, Tennessee resident, 2026 tax rules.

What $124,600 buys in Memphis, TN

Prices in Memphis, TN are 7.8% lower than the U.S. average (housing costs are 20% below the national average). Adjusted for local prices, a median nurse practitioner's $96,430 take-home pay has the buying power of $104,612 in a typical American city.

1-bedroom rent
$1,137
14% of monthly take-home
2-bedroom rent
$1,263
16% of monthly take-home
Left after 1-BR rent
$6,899
per month for everything else

Rents: HUD Fair Market Rents, FY2026 (40th-percentile gross rent incl. utilities). Price levels: BEA Regional Price Parities, 2024.

Memphis, TN has 1.4× the national concentration of nurse practitioner jobs — a strong local market for this occupation.

Best-paying cities for nurse practitioners, adjusted for cost of living

Memphis, TN ranks #25 of 117 metro areas once taxes and local prices are taken into account.

#Metro areaMedian salaryTake-homeReal value*
1San Jose, CA $231,560$150,760$136,530
2San Francisco, CA $219,080$143,890$124,458
3Killeen, TX $138,670$106,047$116,366
4Tulsa, OK $139,460$100,857$113,050
5Sioux Falls, SD $130,390$100,388$110,765
6McAllen, TX $122,550$95,029$110,634
7Las Vegas, NV $144,060$109,731$109,496
8Fresno, CA $166,570$111,690$109,330
25Memphis, TN$124,600$96,430$104,612

*Take-home pay divided by the BEA price level, so every city is measured in U.S.-average dollars. See all 117 metros →

Nurse Practitioner salaries elsewhere in Tennessee

Frequently asked questions

How much does a nurse practitioner make in Memphis, TN?

The median nurse practitioner salary in the Memphis, TN-MS-AR metro area is $124,600 a year, or about $59.90 an hour, according to the Bureau of Labor Statistics (May 2025). The middle half earn between $106,670 and $134,300.

What is a nurse practitioner’s take-home pay in Memphis, TN?

On the median $124,600 salary, a single filer living in Tennessee takes home about $96,430 a year ($8,036 a month) after federal tax, Social Security, Medicare in 2026.

Is Memphis, TN a good place to work as a nurse practitioner?

Pay here is 6% below the national median of $132,300. Local prices are 7.8% below the U.S. average, so the take-home pay buys what $104,612 would in a typical U.S. city. Memphis, TN ranks #25 of 117 metro areas for cost-of-living-adjusted pay in this job.

Can a nurse practitioner afford rent in Memphis, TN?

HUD’s fair market rent for a one-bedroom in Memphis, TN is $1,137 a month ($1,263 for two bedrooms) — 14% of a median nurse practitioner’s monthly take-home pay. Financial planners usually suggest keeping rent under about 30%.

Related jobs in Memphis, TN

Cost of living & all salaries in Memphis, TN →