Nurse Practitioner Salary in Memphis

2026 compensation data for Nurse Practitioner positions in Memphis, TN. Ranges from $84,000 (entry-level) to $158,000 (senior). Median: $114,000.

Median (Mid)

$114,000

$54.81/hr

vs National

+1%

US: $113,000

COL Index

88

vs US avg = 100

Senior Max

$158,000

Top of band

Salary Ranges by Experience Level

Entry-Level (0–2 years)$84,000$107,000
$84KMedian: $95,000$107K
Mid-Level (3–5 years)$101,000$130,000
$101KMedian: $114,000$130K
Senior (6+ years)$123,000$158,000
$123KMedian: $139,000$158K

Detailed Compensation Breakdown

LevelAnnual MinAnnual MedianAnnual MaxHourly (Median)
Entry-Level (0–2 yrs)$84,000$95,000$107,000$45.67/hr
Mid-Level (3–5 yrs)$101,000$114,000$130,000$54.81/hr
Senior (6+ yrs)$123,000$139,000$158,000$66.83/hr

What Your Salary Is Really Worth in Memphis

A mid-level nurse practitioner earning $114,000 in Memphis has the same buying power as $130,000 in an average US city, after adjusting for the local cost of living (COL index 88).

Cost of living comparisons use a base of 100 (US national average). Higher index = higher housing, transport, and consumer prices.

About Nurse Practitioner Salaries in Memphis

The median nurse practitioner salary in Memphis, TN is $114,000 for mid-level professionals, which is 1% above the national median. With a cost of living index of 88 (national average = 100), Memphis offers an affordable cost of living, making these salaries stretch further.

Entry-level nurse practitioners in Memphis can expect to earn between $84,000 and $107,000 (about $45.67/hour), while senior professionals with 6+ years of experience earn up to $158,000 ($158K annually, or about $75.96/hour).

These figures represent base salary only and do not include bonuses, equity, or benefits, which can add 20–50% to total compensation — especially at technology companies and in competitive markets like Memphis.

Frequently Asked Questions: Nurse Practitioner Salary in Memphis

What is the average Nurse Practitioner salary in Memphis?+

The average Nurse Practitioner salary in Memphis is $114,000 for a mid-level professional (3–5 years of experience). Entry-level pay starts around $95,000 and senior-level pay reaches $139,000.

How much does an entry-level nurse practitioner make in Memphis?+

Entry-level nurse practitioners in Memphis earn between $84,000 and $107,000, with a median of $95,000 per year (about $45.67/hour).

What is the hourly rate for a Nurse Practitioner in Memphis?+

Based on a 2,080-hour work year, a Nurse Practitioner in Memphis earns roughly $45.67/hour at entry-level, $54.81/hour at mid-level, and $66.83/hour at senior-level.

Is the Nurse Practitioner salary in Memphis higher than the US average?+

Yes — Nurse Practitioner salaries in Memphis are about 1% higher than the US national median of $113,000.

Does this include bonuses or equity?+

No — these figures are base salary only. Total compensation (base + bonus + equity + benefits) is typically 20–50% higher, and can be 2–3x at top technology and finance employers.

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