Franklin vs Memphis: Phlebotomist Salary (2026)
Compare phlebotomist salaries between Franklin, TN and Memphis, TN. All figures are 2026 estimates projected from BLS 2025 data.
Side-by-Side Comparison
| Metric | Franklin, TN | Memphis, TN |
|---|---|---|
| Median Salary | $45,669▲ | $41,253 |
| Hourly Rate | $21.95▲ | $19.83 |
| Entry Level (P10) | $37,241▲ | $36,728 |
| 25th Percentile | $39,054▲ | $38,191 |
| 75th Percentile | $49,750▲ | $47,825 |
| Top Earner (P90) | $59,354▲ | $50,312 |
| Total Employed | 18 | 640▲ |
Verdict
Franklin, TN offers better overall compensation for phlebotomists, winning 3 out of 4 metrics compared to Memphis.
The salary gap between Franklin and Memphis is $4,416 (10.70%). Franklin's median is -3.37% compared to the US national median of $47,261.
Salary Range Comparison
The full salary range (10th to 90th percentile) in Franklin spans $22,113,Memphis spans $13,584. Franklin has a wider pay range, meaning more potential for high earners but also more variation.
Cost-of-Living Adjusted Comparison
After cost-of-living adjustment, Franklin ($49,748 effective) pays 11.16% more than Memphis ($44,753 effective).
Cost-of-living adjustment: salary × (100 / CoL index). Index of 100 = national average.
Which City Is Right for You?
Choose Franklin if…
- ✓Higher median salary ($45,669/year)
- ✓Better top-earner potential ($59,354)
- ✓Better purchasing power (CoL-adjusted: $49,748)
- ✓You prefer the Tennessee area and lifestyle
Choose Memphis if…
- ✓Larger job market (640 employed)
- ✓You prefer the Tennessee area and lifestyle
Historical Salary Growth Comparison
Based on BLS OEWS metropolitan area data, phlebotomist salaries in Franklin grew 31.6% from 2024 to 2025, compared to 27.6% growth in Memphis over the same period.
Franklin, TN
$33,221 (2024) → $43,707 (2025)
Memphis, TN
$30,940 (2019) → $39,480 (2025)
View Full Salary Data
Franklin, TN
Memphis, TN
Frequently Asked Questions
Which city pays phlebotomists more: Franklin or Memphis?
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Should I relocate from Franklin to Memphis as a phlebotomist?
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Written by Aisha Patel, MLT
Career Analyst
Aisha has over 10 years of experience in clinical laboratory technology. She specializes in blood collection and processing. She works in a large urban hospital.
Methodology & Data Source
All salary figures are 2026 projections based on BLS OEWS May 2025 data. A 4.49% 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 Aisha Patel, MLT, a licensed phlebotomist with 10+ years of clinical experience. · View source data at BLS.gov