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Biomedical Science Degree in Memphis, TN — Salary & ROI 2026

Biomedical Science degree analysis for Memphis, TN. COL-adjusted salary data, local tuition costs, ROI calculator, and job market outlook.

Starting Salary

$47K

COL-adjusted

Mid-Career

$73K

COL-adjusted

ROI Payback

6.9 yrs

in Memphis

Cost of Living

93

index (100 = avg)

Biomedical Science in Memphis, TN Overview

Memphis is one of Tennessee's top college towns, with 22 institutions and a student population of 42,935. Public tuition averages $9,944/year here — well below the national average, making it a cost-effective choice. Biomedical Science has seen growing enrollment nationally, reflecting rising employer demand for Cell Biology and Immunology skills. The adjusted starting salary in Memphis is approximately $46,500, growing to $72,540 by mid-career.

Category

STEM

Local Colleges

22

Public Tuition

$9,944/yr

Private Tuition

$44,033/yr

Room & Board

$14,138/yr

Avg Fin. Aid

$10,619/yr

Unemployment

3%

Graduation Rate

72%

Biomedical Science Salary in Memphis (COL-Adjusted)

Salaries adjusted for Memphis's cost of living index of 93 (national average = 100).

Entry Level (0-2 yrs)
$46,500($-3,500 vs national)
Mid Career (5-9 yrs)
$72,540($-5,460 vs national)
Senior Level (15+ yrs)
$93,000($-7,000 vs national)

Note: National average Biomedical Science salary: $50,000 starting, $78,000 mid-career, $100,000 senior level.Memphis adjustment factor: 0.93x based on the local cost of living index.

Biomedical Science ROI Calculator for Memphis

Estimate your return on investment for a Biomedical Science degree using local Memphis tuition and cost of living data.

Public avg: $9,944 | Private avg: $44,033

Memphis avg aid: $10,619/yr

Federal avg: 6.5% | Private: 4-14%

Total Education Cost

$96,328

tuition + room & board - aid

Annual Earnings Premium

$13,950

vs HS diploma in Memphis

ROI Payback Period

6.9 years

to break even

Lifetime Return in Memphis

$312,872

Lifetime earnings premium ($409,200) minus total education cost ($96,328)

Student Loan Payoff for Biomedical Science in Memphis

Standard Plan (10 years)

Loan Amount$96,328
Monthly Payment$1,094
Total Interest$34,926
% of Monthly Income28%

Aggressive Plan (5 years)

Loan Amount$96,328
Monthly Payment$1,885
Total Interest$16,758
Interest Savings$18,168

Colleges in Memphis for Biomedical Science

University of Memphis

public

$9,944/yr

$39,776 total

Rhodes College

private

$52,366/yr

$209,464 total

Christian Brothers University

private

$35,700/yr

$142,800 total

Community Colleges (2-Year Transfer)

Southwest Tennessee Community College

$4,464/yr

Top Employers for Biomedical Science in Memphis

Memphis offers opportunities in Tech companies, Research labs, Government agencies for Biomedical Science graduates. National top employers in this field include:

PfizerJohnson & JohnsonNIHAbbottMedtronic

Key Memphis Hiring Sectors for STEM

Tech companies

Research labs

Government agencies

Startups

Consulting firms

Common Biomedical Science Job Titles

Research AssociateClinical Lab ScientistMedical Writer

Biomedical Science Degree in Memphis — FAQ

Data Sources: Salary data from BLS Occupational Outlook Handbook. Cost of living from BLS Regional Data. College data from NCES/IPEDS. Updated March 2026.

Explore More

Compare Biomedical Science ROI in other cities, or explore other majors in Memphis.

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