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Average Physician Assistants Salary in Memphis, TN-MS-AR

Physician Assistants in the Memphis, TN-MS-AR metropolitan area earn an average annual salary of $117,740. This figure is notably below the national average of $136,910, suggesting that local market dynamics, such as demand and supply, may influence compensation levels. Factors specific to the Memphis region likely contribute to this pay differential compared to the broader national landscape.

Executive Summary

  • Average Salary: $117,740 per year.
  • Growth Trend: Salaries have shifted 7.3% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $137,780.
  • Outlook: The Memphis, TN-MS-AR region supports a local workforce of 330 Physician Assistants. With a Location Quotient of 0.53, the concentration of these professionals is below the national average, indicating a less saturated market relative to other areas. While the absolute number of professionals is moderate, the lower concentration suggests potential opportunities for those entering or already established in the field within this specific metropolitan area.
2024 Market Data

Salary Overview

$117,740

The average Physician Assistants in Memphis, TN-MS-AR earns-14.0%below the national average.

BreakdownBased on 40h/week
Hourly

$56.6

Weekly

$2,264

Monthly

$9,812

Physician Assistants Salary Distribution in Memphis, TN-MS-AR

Salary progression for Physician Assistants in Memphis, TN-MS-AR typically scales with experience. Entry-level PAs can expect to earn at the lower end of the pay scale, while those with significant experience and specialized skills will command higher salaries, potentially reaching into the upper percentiles. The gap between entry-level and senior roles signifies clear career progression and increased earning potential as professionals develop their expertise and responsibilities.

Experience LevelMarket PercentileAnnual WageHourly Rate
Resident / New GradClinical rotation complete. Gaining floor experience.10% (Entry)$91,990$44.2
Staff ClinicianFull patient caseload. Proficient in core procedures.25% (Junior)$88,305$42.5
Charge / SeniorShift lead. Precepts new hires. Specialized certification.50% (Median)$124,260$59.7
SpecialistAdvanced degree/cert (e.g., ICU, OR). High acuity cases.75% (Senior)$147,175$70.8
Director / LeadDepartment head or Advanced Practice Provider.90% (Expert)$137,780$66.2

Detailed Physician Assistants Market Analysis

Relocation Context

Nominal Salary

$117,740

Gross Pay

Real Wage (Purchasing Power)

$117,740

Adjusted for COL (100)

The average annual salary of $117,740 for Physician Assistants in Memphis, TN-MS-AR aligns perfectly with the national average Cost of Living Index of 100. This means that the nominal salary holds its purchasing power directly against the national average, offering a stable financial standing without significant advantages or disadvantages related to everyday expenses.

Job Market Context

330

Total Jobs

0.539

Per 1K Jobs

0.53

Location Quotient

Below Average

Memphis, TN-MS-AR has 0.53x the national average concentration of Physician Assistants jobs. This means there are fewer opportunities per capita here compared to the U.S. average — competition for roles may be higher.

A Location Quotient of 0.53 for Physician Assistants in Memphis, TN-MS-AR indicates that the profession is less concentrated in this area compared to the national average. This suggests that while there is a presence of Physician Assistants, the market is not saturated, potentially offering a more competitive environment for job seekers or indicating a steady demand relative to the supply of professionals in the region.

Nearby Job Markets

Nearby Cities for Physician Assistants

CitySalaryDist.
Jackson, TN Physician Assistants Salary$103,280 12%74 mi

Comparing salaries near Memphis, TN-MS-AR

Hiring Physician Assistantss?

Frequently Asked Questions

How much does a Physician Assistants make in Memphis, TN-MS-AR?

The median annual salary for a Physician Assistants in Memphis, TN-MS-AR is $117,740. This typically ranges from $91,990 for entry-level positions to $137,780 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Memphis, TN-MS-AR is 14.0% lower than the national median of $136,910.

Is Memphis, TN-MS-AR a lucrative place for Physician Assistants?

No, not compared to the national average.While Physician Assistants in Memphis earn a respectable $117,740, this is below the national average of $136,910. However, the cost of living is at the national average, meaning the salary's purchasing power is equivalent nationally.

Is Memphis, TN-MS-AR a good place to live for Physician Assistants?

The Cost of Living Index in Memphis, TN-MS-AR is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Memphis, TN-MS-AR?

Some top paying nearby cities include Jackson, TN ($103,280) and others.

What is the average salary for a Physician Assistant in Memphis, TN-MS-AR?

The average annual salary for a Physician Assistant in the Memphis, TN-MS-AR area is $117,740.

How does the Memphis Physician Assistant salary compare to the national average?

The average salary in Memphis ($117,740) is lower than the national average ($136,910) for Physician Assistants.

What is the Cost of Living Index in Memphis, TN-MS-AR?

The Cost of Living Index in Memphis, TN-MS-AR is 100, which is exactly the national average.

Is the job market for Physician Assistants concentrated in Memphis?

No, the Location Quotient of 0.53 indicates that Physician Assistants are less concentrated in Memphis compared to the national average.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 330 employees in the Memphis, TN-MS-AR area with a job density of 0.539 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.