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
Detailed Compensation Breakdown
| Level | Annual Min | Annual Median | Annual Max | Hourly (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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