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Internal medicine physician salary in the Memphis area

In the BLS May 2025 snapshot, internal medicine physicians in Memphis, TN-MS-AR have a $298,620 median annual employee wage alongside a $227,630 mean. These are wage estimates, not a promised offer or total compensation.

Memphis area wage snapshot

Internal medicine physician · SOC 29-1216 · Memphis, TN-MS-AR · May 2025
MeasureEstimate
Mean annual wage$227,630
Median annual wage$298,620
Employment estimate340
Wage relative standard error2.6%

Employee wages annualized at 2,080 hours. Not total compensation, guaranteed pay or a salary range. RSE measures estimate uncertainty, not your pay spread.

View official BLS wage data for this area

What the Memphis area row can tell you

BLS covers Memphis, TN-MS-AR as one metropolitan area. The published mean is $227,630, which is below the median of $298,620; BLS does not say why. The employment estimate of 340 counts employee jobs, not open positions. The wage relative standard error is 2.6%, which describes how uncertain the estimate is. It is not a pay percentile.

The Tennessee state mean for internal medicine physicians is $238,020, so this metro mean is 4.4% below the state figure. The metro is part of the state estimate, so the two overlap.

Metro figures cover wage and salary employees only. Locum, 1099 and per diem pay can look very different, and benefits, call pay and bonuses are not included. Compare a written offer on hours, scope and benefits instead of reading these two wages as a salary range.

Source: BLS Occupational Employment and Wage Statistics, May 2025. How Saile salary pages work.

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How Memphis compares

Rank within this role group

Mean wage rank: 34 of 47; employment rank: 22 of 47. Rank = one plus metros with a larger estimate; ties share rank. This site’s group, not all US metros.

Versus highest-mean Knoxville ($366,110): $138,480 (37.8%) below; versus lowest-mean Las Vegas ($138,440): $89,190 (64.4%) above.

Dollar gap = metro mean minus comparator mean; percent = difference divided by comparator, times 100. Absolute gaps shown.

National comparison

National BLS mean absent from project data; physician national gaps unavailable. Compensation surveys are not wage substitutes.

Same-state context

Knoxville: $366,110; Nashville: $207,410

Tennessee mean: $238,020; employment: 1,370. Metro share = 340 divided by 1,370, multiplied by 100 = 24.8%. Overlapping estimates; multi-state ratios are not resident shares.

Same metro, other roles

Family medicine physician mean in Memphis: $344,940; Nurse practitioner mean in Memphis: $121,660; Physician assistant mean in Memphis: $120,440

What to check before using this number

A $70,990 mean–median gap ($227,630 minus $298,620) describes this row, not an individual wage band.

Compare the 2.6% wage RSE with the group's 7.5% midpoint: less uncertainty on this relative measure, not offer variability.

Use 340 as an employment estimate only; the group median is 320, not a hiring-demand threshold.

Mean–median = mean minus median. Group median = middle sorted value (average of middle pair); unavailable RSE excluded.

Licensing in Tennessee: physician state licensing guidance. Check the relevant board and facility for your role.

Source: BLS OEWS May 2025 metro/state rows; wages, not total compensation.

Internal medicine physician salary questions in the Memphis area

What is the average internal medicine physician salary in the Memphis area?

BLS May 2025 estimates a mean annual employee wage of $227,630 and a median of $298,620 for internal medicine physicians in Memphis, TN-MS-AR. The mean is the average; the median is the midpoint. These are employee wages, not total compensation, a guaranteed offer or a salary range.

What is the hourly pay equivalent in the Memphis area?

Dividing the annual wage estimates by 2,080 hours gives about $109.44 per hour for the mean and $143.57 for the median, rounded to cents. This is an arithmetic equivalent, not a quoted locums, per-diem or telemedicine rate.

How many internal medicine physicians work in the Memphis area?

BLS estimates 340 internal medicine physicians employed as wage and salary employees in Memphis, TN-MS-AR. This counts employee jobs, not open positions or current vacancies.

How does the Memphis area pay compare with Tennessee?

The Tennessee state mean for internal medicine physicians is $238,020, so this metro mean is 4.4% below the state figure. The metro is part of the state estimate, so the two overlap.

How reliable is this metro estimate?

The wage relative standard error for this row is 2.6%. RSE describes how uncertain the estimate is. It is not a pay percentile or a negotiating band.

Where does Memphis rank for internal medicine physician mean wages?

Memphis ranks 34 of 47 by mean wage and 22 of 47 by employment in this site's role group. Rank = one plus metros with larger estimates; ties share rank. This is not every US metro.

Which other Tennessee metros can I compare with Memphis?

Knoxville: $366,110 mean wage; Nashville: $207,410 mean wage. Mapped to Tennessee; metro/state estimates overlap.

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