Veterinarian Salary in Collierville, TN: $128,934 (2026)
Quick Answer:A full-time veterinarian in Collierville, TN earns a median $128,934/year (≈ $61.98/hour) in nominal terms for 2026 — projected from BLS OEWS 2025 (SOC 29-1131). Once you factor in Collierville's price level (8% below national, BEA RPP 91.8), that paycheck buys what $140,451 would nationally. Nominal pay sits 0.2% above the Tennessee state average.
Based on BLS state-level estimates · View source
In 2026, the veterinarian salary in Collierville, TN is projected to reach a median of $128,934, which reflects a competitive compensation landscape compared to the national median of $137,334. Salaries in the area showcase a wide spectrum, with entry-level positions starting at approximately $74,782 (P10) and experienced veterinarians earning as much as $199,848 (P90). These figures, derived from state-level data and adjusted for regional cost of living, highlight the variability in compensation based primarily on factors like practice type and individual performance. With a growth rate of 5.56% anticipated over the next five years, the job market for veterinarians in Collierville appears poised for continued development, especially as demand for skilled veterinarians in this suburban community grows.
About the Collierville Market
Salary estimated from Tennessee average ($106,000) adjusted for local cost of living.
Salary Breakdown
| Percentile | Annual | Hourly |
|---|---|---|
| Entry Level (P10) | $74,782 | $35.95 |
| Lower Range (P25) | $97,983 | $47.11 |
| Median (P50)(typical) | $128,934 | $61.98 |
| Upper Range (P75) | $164,266 | $78.97 |
| Top Earners (P90) | $199,848 | $96.08 |
Median Salary Position
6.12% below the national average
2026 Salary Percentile Distribution in Collierville
In Collierville, TN, the veterinarian salary spread from the 10th to 90th percentile is $125,066 (2026 est.). At $128,934, the local median is 6.12% below the national median of $137,334.
Salary Calculator
At 40 hours/week in Collierville: You'd be in the lower-middle range
How Collierville Veterinarian Pay Compares
Collierville median: $128,934/year (2026)
| Compared To | Median Salary | Collierville Pays |
|---|---|---|
| Tennessee Average | $128,677 | +0.20% more |
| National Average | $137,334 | -6.12% less |
Veterinarians in Collierville, TN earn a median of $128,934 per year (2026 est.), which is 6.12% lower than the national median of $137,334 and 0.20% above the Tennessee state average of $128,677.
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 veterinarian earning $128,934 nominally has purchasing power equivalent to $140,451 in an average-cost city — an effective 8.93% boost.
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2019 BLS Actual
$89,622
2025 BLS Actual
$122,143
2026 Current Est.
$128,934
2019–2027 Growth
+51.9%
Salary Trajectory for Veterinarians in Collierville (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 5.56% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2019 | $89,622 | Actual |
| 2020 | $93,180 | Actual |
| 2021 | $94,231 | Actual |
| 2022 | $96,945 | Actual |
| 2023 | $111,816 | Actual |
| 2024 | $97,526 | Actual |
| 2025 | $122,143 | Actual |
| 2026(current) | $128,934 | Estimated |
| 2027 | $136,103 | Projected |
Based on 7 years of BLS OEWS data for the Collierville metropolitan area, the median veterinarian salary grew 36.3% from $89,622 (2019) to $122,143 (2025). At a 5.56% compound annual growth rate, salaries are projected to reach $136,103 by 2027 — a total increase of $46,481 (51.86%) 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 5.56% 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) | $74,782 – $97,983 |
| 3-5 years (Mid Career) | $97,983 – $128,934 |
| 5+ years (Experienced) | $128,934 – $164,266 |
| 10+ years (Top Earner) | $164,266 – $199,848 |
DVM salary ranges estimated from BLS percentile data. Individual veterinarian compensation varies by employer, certifications, and specialization.
Veterinarian Job Market in Collierville
The local job market in Collierville currently employs 8 veterinarians, fostering a niche environment that influences compensation trends. The cost-of-living index of 91.8 indicates that this locale is relatively affordable, which enhances the purchasing power for veterinarians operating in the area. Independent practices and corporate chains such as VCA and BluePearl command a significant share of the market, with corporate employment generally yielding higher initial pay packages. However, specialized roles, particularly in surgery or internal medicine, often result in significantly elevated salaries, sometimes even two to three times the earnings of general practitioners. Variations in veterinarian pay in Collierville, TN are further impacted by production-based models, ownership stakes in practices, and recruitment bonuses aimed at addressing workforce shortages. To effectively maximize compensation within this market, veterinarians should consider obtaining specialized certifications and aligning themselves with larger corporate entities or practicing ownership that can provide long-term financial benefits.
More salary data for Collierville, TN:
Frequently Asked Questions
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Written by Dr. Alice Nguyen, DVM
Career Analyst
Dr. Alice Nguyen has 10 years of experience in veterinary medicine. She specializes in small animal surgery. She currently works at a suburban veterinary clinic.
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 $122,143 for veterinariansin the Collierville metropolitan area. A 5.56% 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 5.56%, derived from historical BLS wage trends for veterinarians (SOC 29-1131).
Compiled and verified by Dr. Alice Nguyen, DVM, a licensed veterinarian with 10+ years of clinical experience. · View source data at BLS.gov