Can a Physician (General Practice) afford to live in Memphis?

Excellent80% of take-home left to save — you can save aggressively here.
Median salary (gross)
Physician (General Practice) · Memphis
$204,212
Income tax (~31% effective)
United States
– $63,383
Take-home pay
$11,736/mo
$140,829
Living costs (1 person)
$2,380/mo · derived
– $28,560
Savings potential
$9,356/mo · 80% of take-home
$112,269

Single professional, after-tax. Salary − tax − living costs = what you could save each year.

Full salary breakdown →Is this a good salary in Memphis? →Compare Memphis with another city →

How we calculated this

• Salary: BLS OES median for Physician (General Practice), adjusted for Memphis.

• Tax: United States single-filer effective rate (~31%). Official calculator.

• Living costs: derived from cost-of-living index for a single professional.

Planning estimates, not financial or tax advice. Updated 2026. Your situation will differ.