Salary Ranges by Experience Level
Detailed Compensation Breakdown
| Level | Annual Min | Annual Median | Annual Max | Hourly (Median) |
|---|---|---|---|---|
| Entry-Level (0–2 yrs) | $42,000 | $51,000 | $60,000 | $24.52/hr |
| Mid-Level (3–5 yrs) | $57,000 | $69,000 | $81,000 | $33.17/hr |
| Senior (6+ yrs) | $77,000 | $92,000 | $110,000 | $44.23/hr |
What Your Salary Is Really Worth in Memphis
A mid-level therapist earning $69,000 in Memphis has the same buying power as $78,000 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 Therapist Salaries in Memphis
The median therapist salary in Memphis, TN is $69,000 for mid-level professionals, which is 0% 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 therapists in Memphis can expect to earn between $42,000 and $60,000 (about $24.52/hour), while senior professionals with 6+ years of experience earn up to $110,000 ($110K annually, or about $52.88/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: Therapist Salary in Memphis
What is the average Therapist salary in Memphis?+
The average Therapist salary in Memphis is $69,000 for a mid-level professional (3–5 years of experience). Entry-level pay starts around $51,000 and senior-level pay reaches $92,000.
How much does an entry-level therapist make in Memphis?+
Entry-level therapists in Memphis earn between $42,000 and $60,000, with a median of $51,000 per year (about $24.52/hour).
What is the hourly rate for a Therapist in Memphis?+
Based on a 2,080-hour work year, a Therapist in Memphis earns roughly $24.52/hour at entry-level, $33.17/hour at mid-level, and $44.23/hour at senior-level.
Is the Therapist salary in Memphis higher than the US average?+
Yes — Therapist salaries in Memphis are about 0% higher than the US national median of $69,000.
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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