Physician Assistant Salary in Collierville, TN: $121,662 (2026)
Quick Answer:A full-time physician assistant in Collierville, TN earns a median $121,662/year (≈ $58.49/hour) in nominal terms for 2026 — projected from BLS OEWS 2025 (SOC 29-1071). Once you factor in Collierville's price level (8% below national, BEA RPP 91.8), that paycheck buys what $132,529 would nationally. Nominal pay sits 0.2% above the Tennessee state average.
Based on BLS state-level estimates · View source
In Collierville, TN, the choice between working as a W-2 employee at a hospital or opting for a 1099 role in a surgical practice significantly influences physician assistant salaries. Those in the area can anticipate a median annual salary of $121,662, which reflects local estimates derived from state-level BLS data and regional price adjustments. The salary range for physician assistants spans from $86,466 at the 10th percentile to $164,463 at the 90th percentile, revealing a varied landscape based on specialty and employment type. With the demand for healthcare services growing, especially in suburban settings like Collierville, there are ample opportunities to explore compensation structures that best align with individual career goals.
About the Collierville Market
Salary estimated from Tennessee average ($118,000) adjusted for local cost of living.
Salary Breakdown
| Percentile | Annual | Hourly |
|---|---|---|
| Entry Level (P10) | $86,466 | $41.57 |
| Lower Range (P25) | $105,620 | $50.78 |
| Median (P50)(typical) | $121,662 | $58.49 |
| Upper Range (P75) | $146,478 | $70.42 |
| Top Earners (P90) | $164,463 | $79.07 |
Median Salary Position
13.34% below the national average
2026 Salary Percentile Distribution in Collierville
In Collierville, TN, the physician assistant salary spread from the 10th to 90th percentile is $77,997 (2026 est.). At $121,662, the local median is 13.34% below the national median of $140,391.
Salary Calculator
At 40 hours/week in Collierville: You'd be in the lower-middle range
How Collierville Physician Assistant Pay Compares
Collierville median: $121,662/year (2026)
| Compared To | Median Salary | Collierville Pays |
|---|---|---|
| Tennessee Average | $121,420 | +0.20% more |
| National Average | $140,391 | -13.34% less |
Physician Assistants in Collierville, TN earn a median of $121,662 per year (2026 est.), which is 13.34% lower than the national median of $140,391 and 0.20% above the Tennessee state average of $121,420.
Cost-of-Living Adjusted Salary
Collierville has a cost of living 8.20% below the national average, meaning your salary goes further here.
Adjusted salary = nominal × (100 / CoL index). CoL index: 100 = national average.
Collierville, TN has a cost-of-living index of 91.8 (below the national average of 100). A physician assistant earning $121,662 nominally has purchasing power equivalent to $132,529 in an average-cost city — an effective 8.93% boost.
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2019 BLS Actual
$97,284
2025 BLS Actual
$117,753
2026 Current Est.
$121,662
2019–2027 Growth
+29.2%
Salary Trajectory for Physician Assistants in Collierville (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.32% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2019 | $97,284 | Actual |
| 2020 | $99,996 | Actual |
| 2021 | $105,317 | Actual |
| 2022 | $109,200 | Actual |
| 2023 | $112,675 | Actual |
| 2024 | $108,566 | Actual |
| 2025 | $117,753 | Actual |
| 2026(current) | $121,662 | Estimated |
| 2027 | $125,702 | Projected |
Based on 7 years of BLS OEWS data for the Collierville metropolitan area, the median physician assistant salary grew 21.0% from $97,284 (2019) to $117,753 (2025). At a 3.32% compound annual growth rate, salaries are projected to reach $125,702 by 2027 — a total increase of $28,418 (29.21%) from 2019.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Collierville 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 3.32% CAGR derived from 7-year BLS historical data. Actual salaries may vary based on employer, experience, certifications, and local market conditions.
Salary by Experience Level
| Experience | Estimated Salary Range |
|---|---|
| 0-2 years (New Graduate) | $86,466 – $105,620 |
| 3-5 years (Mid Career) | $105,620 – $121,662 |
| 5+ years (Experienced) | $121,662 – $146,478 |
| 10+ years (Top Earner) | $146,478 – $164,463 |
PA salary ranges estimated from BLS percentile data. Individual physician assistant compensation varies by employer, certifications, and specialization.
Physician Assistant Job Market in Collierville
Amid a job market that employs just eight physician assistants in Collierville, the cost of living index stands at 91.8, making it relatively affordable compared to the national average. This environment allows for improved purchasing power, providing a stable foundation for take-home earnings. Employers such as local hospital systems tend to offer competitive salaries, especially for those with surgical specialty training, while urgent care centers and primary care facilities typically present lower pay scales. The disparity in compensation largely stems from factors like specialty type, first-assist case volume, and productivity bonuses through RVUs. To maximize earnings in this specific market, PAs should seek further specialization in high-demand fields such as orthopedics or cardiothoracic surgery and consider the stability and benefits offered by hospital employment versus the flexibility of private practice.
More salary data for Collierville, TN:
Frequently Asked Questions
How much do physician assistants make in Collierville, TN in 2026?
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Can physician assistants make $100K in Collierville?
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Written by Jessica Tran, MPAS, PA-C
Career Analyst
Jessica has 10 years of experience as a physician assistant. Her specialty is cardiology in an outpatient setting.
Methodology & Data Source
Salary figures on this page are 2026 projections based on the Bureau of Labor Statistics Occupational Employment and Wage Statistics (OEWS) survey, May 2026 release. The BLS reported a median annual salary of $117,753 for physician assistantsin the Collierville metropolitan area. A 3.32% compound annual growth rate (CAGR), calculated from 6-year national BLS wage trends, was applied to project current 2026 compensation. Percentile ranges (P10–P90) represent the full salary distribution across experience levels and practice settings in this market.
Data Sources & Methodology
Salary data for Collierville is estimated from official BLS state-level occupational wage data (2025), adjusted for regional cost-of-living differences using BEA RPP (Regional Price Parities).
2026 figures are projected from 2025 BLS data using a compound annual growth rate (CAGR) of 3.32%, derived from historical BLS wage trends for physician assistants (SOC 29-1071).
Compiled and verified by Jessica Tran, MPAS, PA-C, a licensed physician assistant with 10+ years of clinical experience. · View source data at BLS.gov