Physical Therapist Salary in Memphis, TN
Physical Therapists in the Memphis, TN-MS-AR metro area earn a median $100,000 a year — 3% less than the national median. After 2026 taxes, that is $79,180 take-home, or $6,598 a month.
Take-home pay calculator
Pre-filled with the median physical therapist salary in Memphis, TN. Enter your own offer to see your paycheck.
- Federal income tax$13,170
- Social Security (6.2%)$6,200
- Medicare (1.45%)$1,450
- Tennessee income tax$0
- Take-home pay$79,180
Marginal rate: 22% 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.
Physical Therapist pay by experience in Memphis, TN
| Percentile | Salary | Hourly | Take-home / yr | Per month |
|---|---|---|---|---|
| 10th percentile (entry level) | $71,240 | $34.25 | $58,947 | $4,912 |
| 25th percentile | $80,740 | $38.82 | $65,631 | $5,469 |
| Median (50th) | $100,000 | $48.08 | $79,180 | $6,598 |
| 75th percentile | $111,240 | $53.48 | $87,087 | $7,257 |
| 90th percentile (top earners) | $126,090 | $60.62 | $97,449 | $8,121 |
Wages: BLS Occupational Employment and Wage Statistics, May 2025. Take-home: single filer, Tennessee resident, 2026 tax rules.
What $100,000 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 physical therapist's $79,180 take-home pay has the buying power of $85,898 in a typical American city.
Rents: HUD Fair Market Rents, FY2026 (40th-percentile gross rent incl. utilities). Price levels: BEA Regional Price Parities, 2024.
Physical Therapist jobs are less concentrated in Memphis, TN than nationally (location quotient 0.76), so openings may be scarcer.
Best-paying cities for physical therapists, adjusted for cost of living
Memphis, TN ranks #8 of 104 metro areas once taxes and local prices are taken into account.
| # | Metro area | Median salary | Take-home | Real value* |
|---|---|---|---|---|
| 1 | McAllen, TX | $103,980 | $81,980 | $95,442 |
| 2 | Las Vegas, NV | $116,480 | $90,774 | $90,579 |
| 3 | El Paso, TX | $102,190 | $80,721 | $89,777 |
| 4 | San Antonio, TX | $106,010 | $83,408 | $88,061 |
| 5 | Toledo, OH | $104,750 | $80,423 | $87,938 |
| 6 | Jackson, MS | $103,000 | $77,903 | $87,484 |
| 7 | San Jose, CA | $139,000 | $95,768 | $86,728 |
| 8 | Memphis, TN | $100,000 | $79,180 | $85,898 |
*Take-home pay divided by the BEA price level, so every city is measured in U.S.-average dollars. See all 104 metros →
Physical Therapist salaries elsewhere in Tennessee
- Chattanooga, TN — $99,120
- Nashville, TN — $103,380
- Knoxville, TN — $96,110
Frequently asked questions
How much does a physical therapist make in Memphis, TN?
The median physical therapist salary in the Memphis, TN-MS-AR metro area is $100,000 a year, or about $48.08 an hour, according to the Bureau of Labor Statistics (May 2025). The middle half earn between $80,740 and $111,240.
What is a physical therapist’s take-home pay in Memphis, TN?
On the median $100,000 salary, a single filer living in Tennessee takes home about $79,180 a year ($6,598 a month) after federal tax, Social Security, Medicare in 2026.
Is Memphis, TN a good place to work as a physical therapist?
Pay here is 3% below the national median of $102,760. Local prices are 7.8% below the U.S. average, so the take-home pay buys what $85,898 would in a typical U.S. city. Memphis, TN ranks #8 of 104 metro areas for cost-of-living-adjusted pay in this job.
Can a physical therapist 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) — 17% of a median physical therapist’s monthly take-home pay. Financial planners usually suggest keeping rent under about 30%.
Related jobs in Memphis, TN
- Physicians, All Other — $239,200+
- Pharmacist — $134,220
- Nurse Practitioner — $124,600
- Speech-Language Pathologist — $86,120
- Registered Nurse — $81,500
- Dental Hygienist — $78,580
- Paramedic — $66,830
- Respiratory Therapist — $66,460
- Radiologic Technologist and Technician — $66,320
- Clinical Laboratory Technologist and Technician — $64,000
- Surgical Technologist — $61,150
- Licensed Practical and Licensed Vocational Nurse — $59,140