Memphis, TN-MS-AR · SOC 29-1216
General Internal Medicine Physicians in Memphis
Metro area salary data from the Bureau of Labor Statistics (May 2025)
Median Salary
$298,620
per year in Memphis
+16% above
National Median
$256,560
per year nationally
Hourly Rate
$143.57/hr
median hourly
Employment
340
jobs in Memphis
BLS metro-level wage data places General Internal Medicine Physicians pay in Memphis, TN-MS-AR at a median of $298,620 per year ($143.57/hr/hour), drawn from the OEWS May 2025 release for this Metropolitan Statistical Area. Compared to the national median of $256,560, Memphis pays +16% above, signaling either concentrated employer demand, a cost-of-living premium, or both. Approximately 340 general internal medicine physicianss are employed across the Memphis MSA in SOC 29-1216.
The Memphis pay distribution spans from $65,820 at the 10th percentile to $322,260 at the 90th — a 4.9× spread that reflects experience tenure, specialization, employer size, and the difference between public-sector, nonprofit, and private-sector compensation inside the metro. The 25th percentile sits at $107,710 and the 75th at $310,480, so half of Memphis-based general internal medicine physicianss earn within that middle band.
Metro figures capture where you actually work, not just where you live — which matters for commuters. BLS draws metro boundaries from the OMB MSA definitions, so Memphis, TN-MS-AR covers the central city plus outlying counties tied to the metro economically. Remember that OEWS wages reflect base pay only: employer-provided health insurance, retirement matches, stock options, signing bonuses, overtime, and tips are excluded and can add 20-40% to real total compensation. Before using this metro median as a negotiation anchor, triangulate against the same occupation's national profile (linked below), its state-wide TN data, and peer-metro comparisons — a median is a starting point, not a ceiling.
Salary Range in Memphis
Annual Salary Distribution
10th Percentile
$65,820
25th Percentile
$107,710
Median
$298,620
75th Percentile
$310,480
90th Percentile
$322,260
Top Paying Jobs in Memphis
Similar Occupations in Memphis
Other roles inside the Memphis, TN-MS-AR MSA from the same SOC major group.
Frequently Asked Questions
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Read our methodology — how this data is sourced, computed, and verified.