In Memphis, TN, Physical Therapists earn a median of $100,220 a year — almost exactly the U.S. median of $100,440. Among the 50 metros tracked here for this role, that ranks #26.
What that pay is worth in Memphis
Local prices run 92 on the BEA cost-of-living index (U.S. = 100), so a $98,660 salary stretches further than the sticker number — about $107,031 in national-average buying power.
Can Physical Therapists afford a home in Memphis?
A typical Memphis home runs about $157,100 — 1.6 times the average Physical Therapist salary, very affordable against the classic 3x rule of thumb. Median rent near $1,123/mo takes roughly 14% of gross pay — within the 30% comfort line.
The Physical Therapist pay ladder in Memphis
Entry-level (10th percentile) Physical Therapists earn about $78,620; the top 10% reach $119,930 — a $41,310 spread, moderate for this field. Most of that gap comes down to experience, employer, and how hard you negotiate.
The Physical Therapist job market in Memphis
Memphis employs roughly 870 Physical Therapists. It’s a sizable local market to build a career in.
Compare Memphis with other cities
See the full Physical Therapist salary by city ranking to weigh Memphis against the other metros on both pay and cost-adjusted value, or use the cost-of-living calculator to compare any two cities directly.
Frequently asked questions
How much do Physical Therapists make in Memphis?
The average Physical Therapist in Memphis, TN earns about $98,660 per year, 1.8% below the national average of $100,440.
What is the take-home pay for Physical Therapists in Memphis after taxes?
After federal and TN taxes, this $98,660 salary is worth about $78,237 a year - roughly $6,519 a month in take-home pay, an effective tax rate near 21%.
What do the highest-paid Physical Therapists earn in Memphis?
The top 10% of Physical Therapists in Memphis earn about $119,930 a year, versus about $78,620 for the bottom 10%.
Can Physical Therapists afford a home in Memphis?
A typical Memphis home runs about $157,100 - roughly 1.6x this salary, within reach by the classic 3x rule of thumb.