Physical Therapy Salary Trends In 2024

Physical Therapy salaries tend to vary greatly among states. People residing in the Census-designated West, such as Nevada and Alaska, earn more than the national median. The fourth highest paying state for physical therapists is New Mexico, which has a significantly lesser average household income. The Northeast is also well-represented in this list by New Jersey and Massachusetts. Physical therapy salaries are generally lower in states with lesser populations, such as Missouri and Colorado.

Doctor of Physical Therapy Salary

The average Doctor of Physical Therapy salary is $82,657. The top 86% earn more than $200k per year. Doctors of physical therapy work in a variety of settings, including hospitals, nursing homes, sports and recreation centers, schools, outpatient clinics, and home health agencies. Doctors in this field generally report high job satisfaction. After taxes, a DPT earns an average take-home pay of $67,768 per year. This means that each paycheck equates to about $2,824 in income.

Physical therapists need a DPT from an authorized program. To be admitted to a DPT program, you must have at least a bachelor’s degree in physical science or a related field. In addition, you must take and submit the Graduate Record Examination (GRE) and three letters of recommendation. You should note that admissions to the program are highly competitive. For this reason, you should be prepared to spend several years studying and practicing your skills in a clinical setting.

Physical Therapy Salary Trends 2024Pin
Physical Therapy Salary Trends 2024

Physical Therapy Assistant Salary

Physical Therapy Assistants typically earn a higher salary than their counterparts in other healthcare occupations. PTA salaries have grown at a higher rate than the national average over the past few years. In fact, the average salary for PTAs is higher than the average for all health technician and support roles. In addition, projections made by the Bureau of Labor Statistics indicate that the total number of PTAs will increase by thirty percent by the year 2024.

Physical Therapy Assistant salaries vary considerably depending on the location where you work. Physical therapy assistant salaries are highest in Texas, New Jersey, and Connecticut. These states employ large numbers of PTAs. The amount you need to live comfortably can vary by state, so it’s important to look at average salaries when comparing different states.

Depending on experience, you can earn as much as $40,000 per year as a physical therapy assistant. This amount includes taxable wages, tips, and bonuses. In contrast, entry-level assistants can earn as little as $33,840.

Physical Therapy Salary In NYC

The average Physical Therapy salary in NYC, NY is $84,440. The middle 57% earn between $84,440 and $134,004, while the highest paid, 86%, make more than $124,870 a year. According to the Bureau of Labor Statistics, the job outlook for this profession is favorable, but it is still dependent on the region and specialty.

The salary ranges greatly depending on the type of setting in which a physical therapist works. One-third of employed physical therapists work in outpatient clinics, while another 26% work in hospitals and 6% work in skilled nursing facilities. Outpatient clinics tend to pay the lowest salary, while hospitals and skilled nursing facilities can pay as much as 18% more.

While physical therapy salaries in New York are among the highest in the country, the salary in other states varies considerably. For example, the median annual income in New Mexico is lower than in other states. Compared to these, New Mexico is the fourth highest paying state for a physical therapist.

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