Nurse Practitioner Hourly Pay in Memphis, TN: $61.98 (2026)
Quick Answer:Hourly pay for a nurse practitioner working in Memphis, TN runs $61.98 at the median for 2026 — annualizing to $128,899 at a standard 2,080-hour year. Figures projected from BLS OEWS 2025 (SOC 29-1171). Weighted against Memphis's regional price level (BEA RPP 92.2, 8% below national), each hour of work buys what $67.24 nationally would. A 24-hour part-time schedule grosses $77,347 per year.
Official BLS data · View source
In Memphis, Tennessee, the nurse practitioner hourly pay is projected to be $61.98 in 2026, slightly below the national median of $65.80. For nurse practitioners working part-time, such as those choosing to work three days a week, this rate can provide a solid income, especially in typical settings like primary care, outpatient clinics, urgent care facilities, and telehealth services. The hourly range for nurse practitioners in Memphis varies significantly, with entry-level positions starting at approximately $41.66, while experienced professionals can earn up to $76.62 per hour. This official Bureau of Labor Statistics (BLS) data highlights the competitive pay landscape, which is particularly appealing for those seeking flexible work arrangements, including per-diem positions.
Nurse Practitioner Hourly Wage Breakdown
| Percentile | Hourly Rate | Per 8hr Shift |
|---|---|---|
| Entry Level (P10) | $41.66 | $333.27 |
| Lower Range (P25) | $53.05 | $424.39 |
| Median (P50) | $61.98 | $495.82 |
| Upper Range (P75) | $66.80 | $534.38 |
| Top Earners (P90) | $76.62 | $612.92 |
Estimated Annual Income by Work Schedule in Memphis
Based on $61.98/hr median hourly rate · 2026 est.
At $61.98/hr, a nurse practitioner working full-time (40 hr/wk) in Memphis, TN can expect to earn approximately $128,912 per year (2026 est.). Part-time hygienists working 24 hours per week would earn around $74,372. With a cost-of-living index of 92.18 (below the national average), these earnings stretch further in Memphis.
Hourly Rate Calculator
Schedule Comparison in Memphis
| Schedule | Weekly | Monthly | Annual |
|---|---|---|---|
| Full-Time (40 hrs) | $2,479.08 | $10,743 | $128,912 |
| Part-Time (24 hrs) | $1,487.45 | $6,446 | $77,347 |
| Per Diem (16 hrs) | $991.63 | $4,297 | $51,565 |
Compare NP Wages With Similar Roles
| Role | Median Hourly |
|---|---|
| Nurse Practitioner (Memphis) | $61.98 |
| Registered Nurse (National Avg) | $42.80 |
| Physician Assistant (National Avg) | $63.20 |
| Nurse Anesthetist (National Avg) | $103.40 |
| Nurse Midwife (National Avg) | $63.85 |
Nurse Practitioners in Memphis, TN earn a median of $128,899 per year (2026 est.), which is 5.82% lower than the national median of $136,864 and 10.80% above the Tennessee state average of $116,335.
Nurse Practitioner Hourly Pay vs. Cost of Living
Working 24h/week at $61.98/hr = $77,347/year (purchasing power: $83,910).
Working 40h/week (full-time) = $128,912/year (purchasing power: $139,850).
CoL index: 92.179 (100 = national average). Your dollars stretch further here.
2019 BLS Actual
$50.16/hr
2025 BLS Actual
$59.91/hr
2026 Current Est.
$61.98/hr
2019–2027 Growth
+27.8%
Hourly Rate Trajectory for Nurse Practitioners in Memphis (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.45% projection.
| Year | Hourly Rate | Status |
|---|---|---|
| 2019 | $50.16/hr | Actual |
| 2020 | $52.45/hr | Actual |
| 2021 | $48.70/hr | Actual |
| 2022 | $50.58/hr | Actual |
| 2023 | $52.15/hr | Actual |
| 2024 | $56.18/hr | Actual |
| 2025 | $59.91/hr | Actual |
| 2026(current) | $61.98/hr | Estimated |
| 2027 | $64.12/hr | Projected |
Based on 7 years of BLS OEWS metropolitan area data, the median hourly rate for nurse practitioners in Memphis grew 19.4% from $50.16/hr (2019) to $59.91/hr (2025). At a 3.45% projected growth rate, hourly pay is expected to reach $64.12/hr by 2027. Part-time and per-diem nurse practitioners can use this multi-year trend to benchmark future contract negotiations.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Memphis metropolitan area, sourced from annual Occupational Employment and Wage Statistics surveys. 2026–2026 figures are current estimates, and 2027 values are projections, calculated using a 3.45% CAGR derived from 7-year BLS historical data. Actual salaries may vary based on employer, experience, certifications, and local market conditions.
Working as an Hourly Nurse Practitioner in Memphis
Considering the earning potential, part-time nurse practitioners working 24 hours a week could expect to take home around $76,317 annually, a substantial figure compared to full-time earnings. Additionally, per diem or agency nurse practitioners in Memphis can command higher rates, with specialties leading to billing as high as $150-$200 per hour for telehealth services, including psychiatric medication management. Compensation can vary across different employer types, such as hospitals, independent practices, urgent care chains, and retail clinics. While some nurse practitioners may opt for lower hourly rates in exchange for benefits like health insurance, others may choose higher pay without benefits. Negotiating pay in this diverse landscape involves understanding market rates and potential trade-offs crucial for maximizing earnings in Memphis.
More salary data for Memphis, TN:
Frequently Asked Questions
What is the hourly rate for nurse practitioners in Memphis in 2026?
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Written by Maria Gonzalez, MSN, NP-C
Career Analyst
Maria has 10 years of experience in adult healthcare. She works in a community health clinic. Her specialty is chronic disease management.
Methodology & Data Source
Hourly wage figures on this page are 2026 projections based on the Bureau of Labor Statistics Occupational Employment and Wage Statistics (OEWS) survey, May 2026 release. A 3.45% compound annual growth rate (CAGR), derived from 6-year national BLS wage trends, was applied to estimate current 2026 hourly rates for nurse practitioners in Memphis. Part-time and full-time income estimates assume consistent weekly hours and do not account for overtime, benefits, or seasonal variation.
Data Sources & Methodology
Source: BLS, OEWS, 7-year dataset (–). Per-city data from annual BLS metropolitan area surveys.
2026 figures are projected from 2025 BLS data using a compound annual growth rate (CAGR) of 3.45%, derived from historical BLS wage trends for nurse practitioners (SOC 29-1171).
Compiled and verified by Maria Gonzalez, MSN, NP-C, a licensed nurse practitioner with 10+ years of clinical experience. · View source data at BLS.gov