Pharmacist Salary in Memphis, TN (2026)
Based on Bureau of Labor Statistics occupational wage data adjusted for Memphis cost of living. Last updated .
Median Annual Salary
$109,000
Memphis, Tennessee
Entry Level (10th pct.)
$80,000
0â2 years experience
25th Percentile
$97,000
Below average earner
Median (50th pct.)
$109,000
Typical earner
75th Percentile
$125,000
Above average earner
Top Earner (90th pct.)
$134,000
5+ years experience
Pharmacist Salary Breakdown â Memphis, TN
The table below shows how Pharmacist salaries in Memphis distribute across experience levels and pay percentiles in 2026.
| Percentile | Annual Salary | Monthly | Hourly (est.) | Profile |
|---|---|---|---|---|
| 10th | $80,000 | $6,667 | $38 | Entry-level, new graduate |
| 25th | $97,000 | $8,083 | $47 | 1â3 years experience |
| Median | $109,000 | $9,083 | $52 | Mid-career professional |
| 75th | $125,000 | $10,417 | $60 | Experienced professional |
| 90th | $134,000 | $11,167 | $64 | Senior / specialist |
Source: U.S. Bureau of Labor Statistics Occupational Employment and Wage Statistics (OEWS), adjusted for Memphis regional cost of living. Data as of 2026.
Visual Salary Distribution
What Affects Pharmacist Salaries in Memphis?
- Experience: Entry-level professionals earn significantly less than their senior counterparts. In Memphis, the gap between the 10th and 90th percentile is $54,000.
- Industry:Pharmacists working in high-demand industries such as technology, finance, and healthcare often command salaries above the median.
- Education & Certifications: Advanced degrees and relevant professional certifications can move your salary into the upper quartile.
- Company size: Larger organizations typically offer higher compensation packages, including bonuses and equity.
- Location within Memphis: Employers in downtown/central business districts or tech corridors often pay more than suburban offices.
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