Pharmacist · Salary Comparison · 2026
Pharmacist Salary: Memphis, TN vs Austin, TX
Side-by-side comparison of salary, taxes, cost of living, and take-home pay for Pharmacists in Memphis, TN and Austin, TX, based on BLS OEWS 2026 data.
1Which City Pays More After Tax?
Higher Gross Salary
✓ Austin, TX
$68,000 vs $101,000
Better Purchasing Power
✓ Memphis, TN
$81,928 vs $81,452
Best Take-Home (COL-Adj)
✓ Memphis, TN
$75,701 vs $75,261
2
Detailed Comparison
| Metric | Memphis, TN | Austin, TX | Diff |
|---|---|---|---|
| Median Annual Salary | $68,000 | $101,000▲ | -$33,000 |
| 25th Percentile | $52,360 | $77,770▲ | -$25,410 |
| 75th Percentile | $87,040 | $129,280▲ | -$42,240 |
| 90th Percentile | $108,800 | $161,600▲ | -$52,800 |
| Cost of Living Index | 83 | 124 | -41 |
| State Income Tax | 0%▲ | 0% | — |
| COL-Adjusted Median | $81,928▲ | $81,452 | +$476 |
| Est. Annual Take-Home | $62,832 | $93,324▲ | -$30,492 |
| COL-Adj. Take-Home | $75,701▲ | $75,261 | +$440 |
| Total Employment | 6,400 | 30,400 | -24,000 |
▲ = Higher value wins for this metric. Diff = Memphis, TN minus Austin, TX.
3Summary Analysis
On paper, Austin, TX pays $33,000 more (median: $68,000 vs $101,000). However, after adjusting for cost of living (index 83 vs 124), Memphis, TN provides better purchasing power ($81,928 vs $81,452 equivalent). Memphis, TN has no state income tax, which is a significant advantage.
Data: U.S. Bureau of Labor Statistics OEWS · 2026 · Cost-of-living indices from composite metro area data. Take-home estimates approximate only — consult a tax professional for accurate figures.