Pharmacist Salary

Lebanon vs Memphis: Pharmacist Salary (2026)

Compare pharmacist salaries between Lebanon, TN and Memphis, TN. All figures are 2026 estimates projected from BLS 2025 data.

Lebanon, TN
$132,755
$63.83/hr
Memphis, TN
$136,676
$65.71/hr

Side-by-Side Comparison

MetricLebanon, TNMemphis, TN
Median Salary$132,755$136,676
Hourly Rate$63.83$65.71
Entry Level (P10)$93,993$105,364
25th Percentile$120,949$128,805
75th Percentile$149,673$156,054
Top Earner (P90)$157,461$168,895
Total Employed101,460
Side-by-side bar chart comparing Lebanon ($132,755) and Memphis ($136,676) pharmacist salaries.LebanonMemphisMedian Salary$132,755$136,676Entry Level (P10)$93,993$105,364Top Earner (P90)$157,461$168,895US Median $143,489

Verdict

Memphis, TN offers better overall compensation for pharmacists, winning 4 out of 4 metrics compared to Lebanon.

The salary gap between Lebanon and Memphis is $3,921 (2.95%). Memphis's median is -4.75% compared to the US national median of $143,489.

Salary Range Comparison

The full salary range (10th to 90th percentile) in Lebanon spans $63,468,Memphis spans $63,531. Memphis has a wider pay range, suggesting more variation in pay between entry-level and experienced pharmacists.

Lebanon
P10 (Entry)$93,993
P25$120,949
Median$132,755
P75$149,673
P90 (Top)$157,461
Memphis
P10 (Entry)$105,364
P25$128,805
Median$136,676
P75$156,054
P90 (Top)$168,895

Cost-of-Living Adjusted Comparison

After cost-of-living adjustment, Memphis ($148,272 effective) pays 2.53% more than Lebanon ($144,613 effective).

Lebanon
Nominal: $132,755
CoL Index: 91.8
Adjusted: $144,613
Memphis
Nominal: $136,676
CoL Index: 92.179
Adjusted: $148,272

Cost-of-living adjustment: salary × (100 / CoL index). Index of 100 = national average.

Which City Is Right for You?

Choose Lebanon if…

  • You prefer the Tennessee area and lifestyle

Choose Memphis if…

  • Higher median salary ($136,676/year)
  • Better top-earner potential ($168,895)
  • Larger job market (1,460 employed)
  • Better purchasing power (CoL-adjusted: $148,272)
  • You prefer the Tennessee area and lifestyle

Historical Salary Growth Comparison

Based on BLS OEWS metropolitan area data, pharmacist salaries in Lebanon grew 13.1% from 2024 to 2025, compared to 4.6% growth in Memphis over the same period.

Lebanon, TN

+13.1%

$115,296 (2024) → $130,369 (2025)

Memphis, TN

+4.6%

$128,270 (2019) → $134,220 (2025)

View Full Salary Data

Frequently Asked Questions

Which city pays pharmacists more: Lebanon or Memphis?

Memphis has a higher median pharmacist salary at $136,676/year, compared to Lebanon at $132,755/year — a difference of $3,921 (2.95%).

What is the hourly rate difference between Lebanon and Memphis?

Lebanon pharmacists earn $63.83/hr while Memphis hygienists earn $65.71/hr (2026 est.).

Should I relocate from Lebanon to Memphis as a pharmacist?

Consider more than just salary when comparing Lebanon and Memphis. Factor in cost of living (CoL-adjusted: Lebanon = $144,613, Memphis = $148,272), job availability (10 vs 1,460 employed), commute, and career growth potential.

What do entry-level pharmacists earn in Lebanon vs Memphis?

Entry-level (10th percentile) pharmacists earn $93,993 in Lebanon and $105,364 in Memphis. The Memphis area offers higher starting salaries.

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Written by Sofia Chen, PharmD

Career Analyst

Sofia Chen has 10 years of experience in community pharmacy. She specializes in medication therapy management.

Clinically reviewed by Liam Patel, PharmDData verified by Amina Al-Sayed, PharmD

Methodology & Data Source

All salary figures are 2026 projections based on BLS OEWS May 2025 data. A 1.83% CAGR (derived from 6-year national BLS trends) was applied to estimate current compensation. Cost-of-living adjustments use BEA Regional Price Parity data. Actual salaries vary by employer, certifications, and experience.

Data Sources & Methodology

Source: BLS, OEWS , released .

Compiled and verified by Sofia Chen, PharmD, a licensed pharmacist with 10+ years of clinical experience. · View source data at BLS.gov