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Pharmacist Salary in Memphis, Tennessee

The median pharmacist salary in Memphis, TN is $116,820 per year, which is 12% below the national median and 3.3% below the Tennessee state average.

City Median
$116,820
vs State Avg
$-3,983
vs National
$-15,930
Cost of Living
86%

Pharmacist Salary in Memphis by Experience

In Memphis, an entry-level pharmacist earns around $88,000, while experienced professionals earn up to $139,040 per year. The local cost of living index is 86% of the national average.

Entry Level (0-2 yrs)
$88,000
$-12,000 vs national
Mid Level (3-7 yrs)
$114,400
$-15,600 vs national
Senior Level (8+ yrs)
$139,040
$-18,960 vs national

Salary Percentiles in Memphis, TN

Percentile Memphis
10th Percentile $84,656
25th Percentile $102,960
Median (50th) $116,820
75th Percentile $133,936
90th Percentile $145,904

Pharmacist Salary in Other Tennessee Cities

How to Become a Pharmacist in Memphis

Education

Most pharmacist positions require a doctoral degree. Memphis and the surrounding Tennessee area have institutions offering relevant programs.

Key Skills

PharmacologyPatient CounselingDrug InteractionsCompoundingClinical ReviewPharmacy Software

Job Outlook

Nationally, pharmacist employment is projected to grow 2% over the next decade (slower than average). Demand in Memphis may vary based on local industry and population growth.

Find Pharmacist Jobs in Memphis

Browse open pharmacist positions in Memphis, TN:

Frequently Asked Questions: Pharmacist Salary in Memphis

How much does a Pharmacist make in Memphis, TN?
The median pharmacist salary in Memphis, Tennessee is $116,820 per year, which is 12% below the national median of $132,750. Salaries range from $84,656 (10th percentile) to $145,904 (90th percentile).
How much does a Pharmacist make per hour in Memphis?
Based on the median annual salary of $116,820, a pharmacist in Memphis earns approximately $56 per hour assuming a standard 2,080-hour work year.
How does Memphis compare to the Tennessee state average for pharmacist pay?
Memphis's median pharmacist salary of $116,820 is 3.3% below the Tennessee state average of $120,803. The local cost of living index is 86% of the national average.
What is the cost of living in Memphis, TN?
Memphis has a cost of living index of 86% compared to the national average. This means a pharmacist salary of $116,820 in Memphis has more purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a pharmacist in Memphis?
Most pharmacist positions in Memphis require a doctoral degree. Key skills include Pharmacology, Patient Counseling, Drug Interactions, Compounding. The job market is projected to grow 2% nationally over the next decade.