How Much Do Physical Therapists Make?

In Physical Therapist, Salary
November 10, 2016

How Much Do Physical Therapists Make?

If you’re wondering how much physical therapists make, you’ve come to the right place. This article takes an in-depth look at job growth and salaries of physical therapists across the country over the next decade.

If you’re considering a job in healthcare, now is a great time to pursue a career in physical or occupational therapy. The demand for these high-level positions is projected to remain high for the foreseeable future, meaning rising salaries and benefits for skilled professionals.

How Much Do Physical Therapists Make?

How much a physical therapist can make via salary can vary dramatically depending on several factors, including location, age, experience, education, skill-level, type of position and several others.

As represented in the graph below, physical therapists can expect to earn a median hourly wage of $39.61, or $82,390 per year, but this is largely dependent upon the individuals skill level and location.

Physical Therapist Salary

 

If you’re looking to earn more, however, you can directly influence this figure to increase your income further by specializing in a particular area, doing consulting work, travelling, or by running your own practice.

Return on Investment for Physical Therapists

In order to become a physical therapist, students must pursue a bachelor’s degree, generally taking 4 years of your time. This must be followed by the completion of either a master’s or doctoral program, and students may complete a residency if they so desire. You must then acquire the required state license. In total, physical therapists are looking at a minimum of 6 years of higher education and the costs that come along with it.

The return on investment for PTs will ultimately vary based on the individual, their circumstances, the school of choice, the location in which they work, whether they choose to work in corporate, government, or private practices, and other factors. Higher level positions generally require that students go further into debt in order to complete their education, so being sure about what you want before pursuing a career as a physical therapist is paramount.

Regardless of which path you choose, with a projected 105,000 new physical therapists being employed between 2016 and 2030, you can be confident that you’ll have a position waiting on you if you choose to pursue this career path.

Best States for Physical Therapist Salaries

StateEmploymentEmp. / 1000Location QuotientHourlyAnnual
Nevada1,5301.240.81$58.65$121,980
Alaska5101.571.03$48.35$100,560
Texas13,0601.130.74$46.62$96,970
California19,0001.230.81$45.82$95,300
New Jersey7,5901.941.28$45.71$95,150
Mississippi1,5101.360.9$43.19$89,830
Alabama2,0501.090.72$41.95$89,830
Maryland4,5801.761.16$43.01$89,460
Washington4,7201.581.04$42.36$88,120
Hawaii7101.150.76$42.36$88,110
New Mexico1,1201.410.92$41.41$86,140
Connecticut3,7802.281.5$41.32$85,940
Tennessee4,3201.531.01$41.25$85,790
Virginia5,4001.470.96$41.18$85,660
Illinois10,5901.811.19$40.96$85,210
New York15,9701.781.17$40.93$85,130
Florida12,0201.521$40.92$85,110
Arizona2,9901.160.76$40.73$84,720
Michigan8,3702.021.33$40.56$84,360
Oklahoma1,8701.170.77$40.55$84,340
DC7001.040.68$40.48$84,190
Pennsylvania10,7601.881.24$40.41$84,060
Ohio7,3101.380.91$40.19$83,600
Delaware6601.531.01$40.16$83,530
Kentucky2,5801.40.92$39.97$83,150
Georgia5,2301.270.84$39.95$83,090
Massachusetts8,0102.361.55$39.90$83,000
Wyoming3901.370.9$39.37$81,890
Oregon2,5301.460.96$39.18$81,480
Indiana4,5801.561.02$39.17$81,460
North Carolina5,9101.430.94$38.97$81,060
New Hampshire1,4302.251.48$38.95$81,020
West Virginia1,2101.711.12$38.93$80,970
Kansas1,5701.140.75$38.89$80,900
Utah1,5401.160.76$38.58$80,250
Rhode Island1,0102.141.4$38.40$79,870
Louisiana2,6701.380.9$38.35$79,770
South Carolina2,5501.320.87$38.24$79,540
Missouri3,9501.460.96$38.04$79,120
Iowa1,8301.20.79$37.58$78,160
Minnesota3,9601.430.94$37.21$77,400
Colorado4,5601.861.22$37.11$77,180
Wisconsin4,3601.571.03$37.09$77,150
Idaho1,0101.581.04$36.94$76,830
Maine1,2402.11.38$36.51$75,940
Vermont7402.431.6$36.09$75,060
Montana1,0102.261.49$36.08$75,040
Nebraska1,5401.611.06$35.79$74,440
North Dakota5501.240.81$35.25$73,310
Arkansas1,9401.651.09$35.17$73,150
South Dakota6701.621.06$34.36$71,480

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