Intro
Discover the average physical therapist salary and what factors influence it. Learn about the typical hourly and annual wages, salary ranges by industry and location, and the highest-paying jobs for physical therapists. Get insider knowledge on the careers financial prospects and growth opportunities to make informed decisions.
The demand for physical therapists continues to grow as the healthcare industry shifts its focus towards preventive care and rehabilitation. As a result, physical therapist salaries have become increasingly competitive. If you're considering a career in physical therapy, it's essential to understand the factors that influence salaries and what you can expect in terms of compensation.
Physical therapists play a vital role in helping patients recover from injuries, manage chronic conditions, and improve their overall quality of life. The Bureau of Labor Statistics predicts that employment of physical therapists will grow 22% from 2020 to 2030, much faster than the average for all occupations. This growth is driven by an aging population, an increased emphasis on preventive care, and advances in medical technology.
Factors Affecting Physical Therapist Salaries
Several factors influence physical therapist salaries, including:
Location
Salaries for physical therapists vary significantly depending on the location. Cities with a high cost of living, such as San Francisco and New York, tend to offer higher salaries to compensate for the increased cost of living. Rural areas, on the other hand, may offer lower salaries due to a lower cost of living and reduced demand.
Industry
Physical therapists working in hospitals and outpatient clinics tend to earn higher salaries than those working in private practices or schools. This is because hospitals and clinics often have more resources and a higher demand for services.
Level of Experience
As with any profession, experience plays a significant role in determining salary. New graduates can expect to start at a lower salary, while experienced physical therapists can earn significantly more.
Specialization
Physical therapists who specialize in a particular area, such as sports medicine or pediatrics, may earn higher salaries due to their expertise and the demand for their services.
Certifications and Education
Physical therapists with advanced certifications, such as the Orthopedic Certified Specialist (OCS) or the Neurologic Certified Specialist (NCS), may earn higher salaries due to their specialized knowledge and skills. Additionally, physical therapists with doctoral degrees (DPT) may earn higher salaries than those with master's degrees.
Average Physical Therapist Salaries
According to the Bureau of Labor Statistics, the median annual salary for physical therapists in the United States was $95,620 in May 2020. However, salaries can range from around $60,000 to over $120,000 depending on the factors mentioned above.
Here are some average salary ranges for physical therapists in different industries:
- Hospitals: $85,000 - $110,000
- Outpatient clinics: $80,000 - $105,000
- Private practices: $70,000 - $95,000
- Schools: $60,000 - $85,000
Salary Ranges by Location
Here are some average salary ranges for physical therapists in different cities:
- New York, NY: $90,000 - $120,000
- Los Angeles, CA: $85,000 - $115,000
- Chicago, IL: $80,000 - $110,000
- Houston, TX: $75,000 - $105,000
- Phoenix, AZ: $70,000 - $100,000
Conclusion
Physical therapist salaries are influenced by a variety of factors, including location, industry, level of experience, specialization, and certifications. While salaries can vary significantly, the median annual salary for physical therapists in the United States is around $95,620. As the demand for physical therapists continues to grow, it's likely that salaries will remain competitive.
If you're considering a career in physical therapy, it's essential to research salaries in your desired location and industry. Additionally, consider pursuing advanced certifications or specializations to increase your earning potential.
Take the Next Step
If you're interested in learning more about physical therapy careers, we invite you to explore our resources and guides. From education and training to job search tips and industry insights, we're here to help you succeed in your physical therapy career.
What is the average salary for a physical therapist in the United States?
+The median annual salary for physical therapists in the United States was $95,620 in May 2020, according to the Bureau of Labor Statistics.
What factors influence physical therapist salaries?
+Factors that influence physical therapist salaries include location, industry, level of experience, specialization, and certifications.
How can I increase my earning potential as a physical therapist?
+Consider pursuing advanced certifications or specializations, such as the Orthopedic Certified Specialist (OCS) or the Neurologic Certified Specialist (NCS), to increase your earning potential.